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Understanding the Ecommerce Inventory Process

Inventory is the life-blood of ecommerce sellers. You must have it on hand and be able to replenish it when needed in order to keep your business running. Tracking inventory, on the other hand, can be quite the tricky deal. To do this properly, it’s important to understand how to record inventory on your books, an area that many ecommerce sellers struggle with. 

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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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How to Keep Track of Cash Flow for Inventory

Off the top of your head, would you know the answers to questions about your business expenses, inventory and profit? Questions like, “What amount from my Amazon profit will I have to put back for the next time I make an inventory order? When am I supposed to pay off my supplier? Don’t I need […]