I have recently had a few questions from ecommerce sellers about how to manage their profit allocations when Amazon withholds a reserve. This week’s blog will specifically address the implications to your Profit First allocations and how to manage them if a reserve has been withheld. I will also address how to use your Profit […]
I recently had the privilege of chatting with Peter Kozody as he released his book, Honest to Greatness. You can check out our interview here and his book here. Honesty: Let’s Get Real Honesty and integrity have always been personal values as well as core values for bookskeep. I assumed because I am an honest […]
During the last 3 years, A2X has been an indispensable accounting tool that we have used to simplify the ecommerce bookkeeping process for many of our ecommerce clients. Through this partnership, we have helped sellers make more money, pay less tax, have a precise understanding of their finances, and focus on higher-value tasks instead of […]
Let’s be honest. Sitting down to pay bills is no one’s idea of a fun time, so can we at least make it easy? That’s what Relay has done! We have been working with Relay ourselves and love the convenience and affordability. You can learn more about their overall banking service from our earlier blog. […]
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 tax time 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 […]
The last day of the EntreLeadership Summit, Day 3, kicked off with leadership coach and Ramsey personality, Christy Wright. Her topic was “Get a Life, Don’t Lose Yourself in the Business You Love” and she was on fire! This “Leadership is Personal,” certainly rings true for me, and I bet it does for many of […]
Leadership—That’s a deep and a broad subject, and in these uncertain times we are critically aware of its importance. I have been a leadership junkie for many years. That’s why I’m always looking for new leadership tips. In my corporate career, I had the great privilege of meeting Dr. Stephen Covey at one of his […]
To wrap up our series on financial statements, we’re going to dive into the final statement that helps you manage your numbers—the Cash Flow Statement. This statement is the most difficult to understand when it comes to ecommerce bookkeeping.
