Accounting

The Ultimate Guide to Ecommerce Bookkeeping: Tips, Tools, and Insights

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Hello there, ecommerce enthusiasts! Today, we’re going to dive deep into the world of ecommerce bookkeeping. Whether you’re a seasoned ecommerce entrepreneur or just starting, managing your finances is crucial. Grab a cup of coffee, and let’s get started! What is Ecommerce Bookkeeping? Bookkeeping, in general, is the process of recording and keeping track of all financial transactions. In the context of ecommerce, this involves sales, purchases, returns, merchant fees, and much more. However, in

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real estate accounting

Unlocking Financial Success: Why You Need a Fractional CFO

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Hey there, financial-savvy readers! Do you want to unlock financial success and take your business to the next level? Then you need to consider hiring a Fractional CFO. But hold on, what exactly is a Fractional CFO? Well, a Fractional CFO is a financial professional who helps small to medium-sized businesses with their financial strategy and planning on a part-time basis. In this blog post, we’ll explore the benefits of hiring a Fractional CFO, how

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Financial kpi for ecommerce

The Essential 10 Financial KPIs For Ecommerce Business To Track

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When it comes to running a successful ecommerce business, understanding the financial metrics that matter most is crucial. Financial KPIs (Key Performance Indicators) are essential for measuring the financial health of your business and identifying areas that need improvement. In this blog post, we will explore the importance of tracking financial KPIs for ecommerce success, and discuss the key metrics you should be monitoring. From gross profit margin to customer acquisition cost, we will dive

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bookkeeping for marketing and consulting firms

Why Payment Reconciliation is one of the most critical business tasks

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Introduction You are focusing on growing your business, getting more users, customers & revenue. However, when you see the balance of your checking account the numbers don’t somehow match up. This is where payment reconciliation plays in. As we know cash is king. Payment reconciliation can be called a kingmaker What is payment reconciliation? Payment reconciliation is a critical process for all businesses. It may sound like a complicated term, but it really just means

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backlog accounting services

Backlog & Clean Up Accounting

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You started your venture for growth, not to keep track of numbers. You’ve been scaling your business and keeping your books organized wasn’t at the top of your to-do list. This is where backlog & clean up accounting comes rescue. Once the business starts growing the importance of timely numbers starts increasing. Soon it’s realized that in addition to compliance requirements, timely numbers are required to make business decisions, pitching to investors for raising capital,

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