eCommerce Bookkeeping

Learn to Speak Ecommerce with a Customized Chart of Accounts

Let’s face it, understanding financial statements can be tricky. To many ecommerce businesses, reading a financial statement is like trying to read a foreign language you’re not well-schooled in. You almost need a translator to explain the various classes, categories, and columns! Oftentimes, this is not a problem of you simply not understanding, but more […]

New Year’s Resolutions for Entrepreneurs

What are you hoping to achieve next year as an entrepreneur? Do you want more profit, more time with family, more sales, to learn a new skill or software tool? What is one thing you can do to make that change stick? First, get clear on your goals. Quantity is important here. If you have […]

Preparing for Year-end One Task at a Time

Last week, I began a 4-part blog series on preparing for the year-end and tax time. In this series, I’m outlining tips on how to prepare for year-end and tax time without the stress that typically plagues ecommerce business owners this time of year. How did you do with your tasks for Week 1? Let’s […]

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How Cash on Hand Affects Your Financials

As all good business owners know, the key to accurate financials is accurate data. What goes into those numbers determines what your financial reports are going to tell you. You want to ensure that you’re getting an accurate picture of your business’ current health. One thing I talk about quite often is cash on hand. […]