eCommerce Bookkeeping

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“What Are the Drivers for Ecommerce Profitability?”

In this series on Using Your Financial Statements, we've talked about the Profit and Loss Statement, Balance Sheet and Cash Flow Statement. Now let's look at how they are connected and what they drive in your ecommerce business accounting. The 5 Drivers and Where to Find Them This simplified financial statement graphic shows how Cash [...]
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Tool: The 13-week Cash Flow Plan for Ecommerce Sellers

As of this posting, we are about four weeks in from the time the World Health Organization (WHO) declared the Coronavirus outbreak a world-wide pandemic. Once that announcement was made, our world began changing at supersonic speed. For ecommerce business owners, and many others as well, it didn’t take long to begin to see the […]

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Gross Profit Margins and Financial Health

As a business owner, the success of our business is what we put a majority of our energy into. We look into a lot of different moving parts when it comes to checking the health of our business, but we tend to focus on the top line sales number. Of course, there is no denying […]