Whether your eCommerce business has three employees or 300+, there is a good chance that your employees will occasionally make business...
What is an expense report?
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eCommerce
What Is a Chart of Accounts, and why it is important for eCommerce businesses?
A Chart of Accounts is a list of all of the accounts used by an organisation in its financial reporting.This is a standard accounting system...
Cash vs. Accrual Accounting: Which is better for eCommerce businesses?
Should you use cash accounting? Or, accrual accounting in your business? And, what’s the difference between these two popular methods of...
How to Accept Cryptocurrency Payments on Your eCommerce Website
Did you know there are over 5,000 cryptocurrencies? As cryptocurrencies, like Bitcoin and Ethereum, expand from a subculture of Internet...
A Detailed Guide to WooCommerce Accounting for eCommerce businesses
Did you know that WooCommerce is the 2nd largest eCommerce platform with a 23.43% market share? For context, Shopify’s market share is...
What you need to know before switching eCommerce accounting firms
If you are like most eCommerce businesses, you’ve probably worked with the same accountant since the very beginning. They may even be a family...
How Jase Daemar Made Mister Jones Health a Family-first Business
Jase Daemar, a B2B business developer with a background in electrical contracting, had always wanted to start a business partnership with his...
How to integrate Neto and Xero
Neto is an Australian based all in one eCommerce platform. It is the first of its kind to combine the shopping cart functionality with...
What’s the difference between gross profit, net profit, and gross margin anyway?
Revenue is vanity. Cash flow is sanity. If you want to run a sustainable eCommerce business, then you need to pay attention to...
Should you hire a third-party accounting firm, a freelancer, or a full-time employee?
When you were just starting out with your eCommerce business, it was common to do everything by yourself - including bookkeeping. However, as...