Bank reconciliation can be quite intimidating to small business owners like you. Even with QuickBooks Online, mistakes can be done and your bank reconciliation will… Read More »Bank Reconciliation is Not That Scary! 5 Tips!
You may wonder if the above formula is sufficient to determine the unit cost eCommerce sellers should use in costing their products and in computing… Read More »5 Key Reasons Accurate Unit Cost is Important
eCommerce sellers battle stiff price competition…one of the core parts of pricing is the cost per unit of each item you sell. This eventually becomes… Read More »Simple but Accurate Ways to Calculate COGS
What does A2X do? It is a world-class software company that automates accurate eCommerce accounting for thousands of eCommerce businesses worldwide. It is an add-on app… Read More »5 Amazing Reasons eCommerce Sellers Should Use A2X
As an Amazon seller, you already know how important it is to keep track of numbers. For example, if you keep your inventory too low… Read More »5 Important Aspects of Accounting for Amazon Sellers
As Christmas is fast approaching, you may be too busy preparing for the final peak months of your Amazon/eCommerce business for the year. After that,… Read More »The Ultimate Amazon Sellers Checklist For Year-End Accounting
You created a product, found a target market, and listed it on Amazon, Shopify, Etsy, eBay, or your own online store. You ran ads and… Read More »Don’t Miss Any of These 5 eCommerce Accounting Essentials
After all has been done, we are now in the last step of our 5 Step Bookkeeping setup. Organizing chart of accounts! Well, you can… Read More »Step 5: Revise and Optimize the Chart of Accounts
One of the core challenges in Amazon accounting is growing up and scaling. When the transactions grow, you have higher order volume, you buy inventory… Read More »5 Amazing Apps for Amazon Sellers Accounting
The difference between cash basis and accrual basis accounting comes down to when you recognize income and expenses in relation to movement of cash. If… Read More »Cash Basis vs Accrual Basis – Which One Do You Need?
Now that all expenses and income transactions have been added to the books, it’s a good time to run reports and start analyzing! QUICK TOUR:… Read More »Step 4: Run Reports, Analyze, and Revise
https://youtu.be/LwAwqDVN9N0 In our previous video, we have discussed all about bank reconciliation in quickbooks online. After all banking transactions are done and reconciled, it’s time… Read More »Step 3 – Invoices, Payments, and Deposits
https://www.youtube.com/watch?v=waeCwUS0ZaA&ab_channel=GreenTargeteCommerceAccounting Now that we are done with syncing your banks and credit cards, and categorizing your transactions, it’s time to move to bank reconciliation. What… Read More »Step 2: Bank Reconciliation in QuickBooks Online
https://www.youtube.com/watch?v=8PKADRtfxi8&ab This may sound a bit complicated so let’s break it down a bit: A. BANK FEEDS SYNC Sync bank accounts, credit cards, and PayPal… Read More »Step 1: Setup Sync, and Categorize Banking Feeds
What’s the perfect bookkeeping setup? Does it really exist? And why would you care to have one? Setting up the books is not an easy… Read More »Simple Effective 5-Step Bookkeeping Setup