The Amaka Blog

Dive into Amaka's product updates, company news, and educational content on how business owners and accounting professionals can leverage accounting automation.

E-commerce accounting: Top 5 KPIs you need to measure

Key performance indicators or KPIs are the data points that you want to regularly track and use to measure success in your e-commerce business. When you look up important KPIs to measure, you'll find lists of 30+ or even 60+ to consider. However, for most e-commerce businesses, especially in earlier stages, you only need to track a few for success.

Laura Tien July 01, 2021

The Rise of the Accounting Technologist: Float on end-to-end accounting

The rise of the Accounting Technologist role, someone at the intersection of both accounting and technologist, is being observed across all kinds of people in the accounting industry. After interviewing accounting firms, we've started interviewing accounting apps to get a deep insight into what's going on behind the scenes in the accounting technology space.

Laura Tien June 29, 2021

Amaka launches much-anticipated Square integration to QuickBooks Online

Amaka is launching its much-anticipated Square integration to QuickBooks Online. The release is an addition to Amaka's existing Square + Xero integration and Square + MYOB integration.

Laura Tien June 17, 2021

The Rise of the Accounting Technologist: NOVA on how to generate more leads

Digital transformation in the accounting industry is happening all across the globe. We're seeing a rise in a role we've called the Accounting Technologist, someone at the intersection of accounting and technology. These people can both do your books and advise you on how you should build your digital ecosystem.

Laura Tien June 16, 2021

E-commerce accounting: Cash flow forecasting 101

Cash flow forecasting helps you look into and prepare the future of your e-commerce business. However, the complexities that come with managing cash flow has led many business owners to ignore it. If you want to stay on top of making a profit and building a growth-focused brand, understanding cash flow is absolutely essential. We'll go through the basics in this article.

Amaka Team June 08, 2021

The rise of the Accounting Technologist: Practice Ignition on increasing tech adoption

In the past few months, we've interviewed a range of accounting firms (RSM, Illumin8, POP Business and Ecommerce Accountants) and even a coach for accounting firm owners (Future Firm), asking about the rise of the Accounting Technologist. The role defines a new wave of accountants that have a strong understanding of how accounting and technology intersect.

Laura Tien May 26, 2021

The rise of the Accounting Technologist: Award-winning POP Business on moving towards tech

There's no doubt that all industries have been evolving in response to technology and accounting isn't an exception. In this article, we interview Sidney Cachuela, COO and co-founder of POP Business. The accounting firm has won the Accountants Daily "30 Under 30" Award and has gone from 100 to 800 clients in the past year.

Laura Tien May 17, 2021

E-commerce accounting: Basics you need to know about international sales taxes

One of the accounting hurdles that e-commerce businesses face is international sales taxes. Fortunately, if you're using an e-commerce platform like Shopify, the right amount of sales tax is usually already collected for you. However, it's still useful to understand how rules and exemptions apply to you. Otherwise, you could end up upsetting customers or overpaying taxes.

Laura Tien May 11, 2021

How to find an accountant specialising in e-commerce: 7 questions to ask

Finding an accountant for your e-commerce business who actually understands the ins and outs of the industry can be difficult. How can you figure out who to trust? What knowledge should they have? We completely understand the struggles which is why we've put together this article to help you. Let's go through how to do your due diligence when hiring an accountant.

Laura Tien April 12, 2021

Shopify accounting: How to reconcile Shopify payments in Xero

Most Shopify owners won't be an accounting whizz at the start, making it hard to understand how to reconcile payments. Fortunately, we'll take you through how to make it as quick and easy as possible. Today, we're using Shopify and Xero to demonstrate the process. However, the main principles are applicable for most businesses and cloud accounting solutions.

Laura Tien March 25, 2021