Author: Kayla Bloom

  Are you an online seller using Shopify to power your e-commerce business? If so, are you taking advantage of the valuable insights provided by Shopify reports? As a beginner, understanding and utilizing these reports can seem overwhelming. But fear not! In this beginner’s guide, we will break down the importance of Shopify reports, the… Continue reading A Beginner’s Guide to Shopify Reports for Online Sellers

  As an Amazon seller, it’s easy to get caught up in the hustle of running your online store. However, overlooking accounting can lead to financial chaos down the road. Tracking your finances not only helps you understand how much money is coming in and going out but also ensures that you remain compliant with… Continue reading 10 Steps to Get Amazon Accounting Started For Your Online Store

  Are you tired of feeling lost in the world of accounting jargon and regulations? Look no further than Generally Accepted Accounting Principles (GAAP). GAAP provides a set of guidelines for financial reporting that are universally accepted by businesses, investors, and government agencies. In this cheat sheet guide, we’ll break down what GAAP is, why… Continue reading Generally Accepted Accounting Principles (GAAP) Cheat Sheet

  As an entrepreneur, you’re probably familiar with the term “owner’s equity,” but do you know what it really means and how to calculate it? It’s a vital concept that can determine your business’s financial health and success.   In this blog post, we’ll dive into everything you need to know about it, including its… Continue reading Owner’s Equity | What It Is, How to Calculate It & Examples

  Have you ever wondered what current assets are and why they matter? Whether you’re a business owner or just someone interested in financial management, understanding this is crucial for making informed decisions. In this blog post, we’ll break down everything you need to know about them – from the definition to how to calculate… Continue reading What Are Current Assets? How to Calculate & Examples

  Have you ever wondered what fixed assets are and how they affect your small business? They play an essential role in determining your company’s financial health, so understanding them is a must. In this blog post, we’ll take a deep dive into the definition of fixed assets and provide examples to help you identify… Continue reading What Are Fixed Assets? Definition, Examples, & FAQs

  Adjusting journal entries are an integral part of the accounting process, and they can mean the difference between a successful business and one that fails. But what exactly are adjusting journal entries, why do we need them, and how do they work? In this blog post, we’ll explore all of that and more. We’ll… Continue reading Adjusting Journal Entries: Definition, Examples, and Introduction