eCommerce Bookkeeping

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Q4 and Taxes: What’s Your Strategy?

It’s August—the lull before Q4, or maybe not a lull if you’ve gotten crazy busy with COVID sales. In any case, we must look ahead to Q4 and anticipate how we’re going to handle what may be an unprecedented level (or a new precedent) of online sales. There are a few of considerations I want […]

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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 […]