Shopify is a powerful sales channel for small to mid-sized sellers. But it heavily relies on third-party apps for accounting tasks like tax calculations, customs fees, and financial reporting. As a result, you may have to deal with fragmented data […]
Many online sellers struggle with ecommerce accounting. This is because unlike traditional accounting, they have to track revenue across multiple sales channels, handle more complex tax regulations, and reconcile payments. Without proper accounting, […]
If you’re overseeing a finance team or handling accounting for various clients, you would know how manual tasks eat into your team’s bandwidth. On average, people spend 51% of their workday on low-value tasks. However, it doesn’t have to be that […]
Despite Etsy popularity, it doesn't provide a built-in accounting tool to help sellers manage their finances. This means sellers are left to handle tasks like bookkeeping, inventory tracking, taxes, and expense management on their own. The good news […]
When you step into a busy ice cream shop during a summer heatwave, you’ll likely see shelves packed with extra tubs of everyone’s favorite flavors. Owners anticipate the scorching weather will drive a surge in sales, stocking up to meet demand. Now, […]
Most Amazon and Amazon FBA sellers rely on accounting software to decipher Amazon’s bi-weekly payouts and settlement reports, which offer little to no information about fees or COGS.