Accrual vs Cash Basis Accounting

Accrual vs cash basis accounting is basically a matter of timing. The accrual method immediately recognizes expected revenue and expenses, while the cash method reflects actual revenue and expenses.   In this post, we’ll explore this difference further and talk about how to decide which method you should use.   What Is Accrual Accounting?  … Continue reading Accrual vs Cash Basis Accounting

What is the Accrual Accounting Method and When Should It Be Used?

Accrual accounting is one of the two most prominent accounting methods (the other being cash basis accounting). The accrual accounting method gives better insight into a company’s business operations from a financial perspective. It looks at revenue and expenses in tandem at the times that they are generated.    Smaller businesses may benefit more from… Continue reading What is the Accrual Accounting Method and When Should It Be Used?

7 eCommerce Brokers to Sell Your eCommerce Business With

If you want to sell your eCommerce business, then you’re going to need to look into hiring eCommerce brokers.   Whether you sell on Amazon, Shopify, Walmart, BigCommerce, Etsy, Ebay, or some other eCommerce marketplace, you will want professional help from eCommerce business brokers.   These experts will help you properly evaluate your store to… Continue reading 7 eCommerce Brokers to Sell Your eCommerce Business With

9 Best Rated Shopify Accounting Software Tools for Stores in 2024

  Shopify accounting software or a Shopify accounting app is a must for store owners selling at least $250,000 per year. Shopify is one of the biggest eCommerce platforms, so it has some amazing features. In terms of financial reporting, however, we find the built-in package lacking.   Shopify does not make all these financial reports… Continue reading 9 Best Rated Shopify Accounting Software Tools for Stores in 2024

6 Amazon Accounting Software Tools Every Seller Should Know About

  Amazon accounting software has become a real game-changer for sellers and business owners in the eCommerce industry in the past 10 years. The eCommerce landscape has gone through so many changes. It’s calling for more of a need for sellers to better understand their numbers. First, physical stores became less popular, then the pandemic… Continue reading 6 Amazon Accounting Software Tools Every Seller Should Know About

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