The Amaka Blog

In this article we’ll take you through how to integrate Square with QuickBooks Online (QBO) accounting software to streamline your accounting process. If you’re a business owner, you’re aware of the importance of accounting for  auditing, reporting, and taxation and have likely invested in an accounting software to assist in these processes.

In this article, we’ve teamed up with Syft to share the 5 most important KPIs to track as a Shopify business.

For e-commerce businesses, payment reconciliation is essential in ensuring there are no discrepancies in your accounting. Although e-commerce payment reconciliations can be both tedious and time consuming, especially for businesses with high volumes of transactions, we'll provide an overview of best practices to simplify and streamline payment reconciliation.

As an e-commerce business owner on a platform like Shopify, one of the most important considerations to make is sales tax. Knowing where to start when it comes to learning, understanding, and applying sales tax to your store item can be a tedious task. That’s why in this article, we’ll give you an overview of the different types of sales tax you’ll encounter for your business whether you’re selling in Australia, the US, Canada, the EU or all of the above. We’ll also take you through how to change your Shopify tax settings to make sure sales tax is applied correctly to your products.

We know running a WooCommerce business can get complex, especially in accounting and finance. The platform integrates with hundreds of plugins to help businesses with both their accounting and finance processes. Don’t know where to start? In this article, we’ll be taking you through 5 types of plugins, extensions and apps to help you in your WooCommerce accounting and financial practices.

Working capital and the working capital ratio are some of the lesser known metrics for e-commerce businesses. You've likely heard of e-commerce KPIs like inventory turnover and average customer order. But what is working capital? And how can you make sure you can optimize it for success?

Whether you're a newcomer or a seasoned entrepreneur, managing international sales taxes and adhering to legal requirements can be a challenge for any WooCommerce business. By gaining a comprehensive understanding of these tax obligations, you can ensure your accounting is accurate and compliant.

Autonomate is passionate about making business easier for its customers. Based in the UK, the organisation provides and manages customised Robotic Process Automation (RPA) services to make organisations more cost and time efficient.

Managing the accounting for a WooCommerce store can be a daunting task, but with the right tools and knowledge, it doesn't have to be. In this article, we’ll go through how to choose an accounting software and how to integrate it with your WooCommerce store for automated data entry. After that, we’ll go through interpreting financial statements, preparing for tax time, special considerations for dropshipping, and when and how to hire an accounting professional.

The accounting industry is facing a number of challenges, but by staying up-to-date with the latest trends and technologies, firms can position themselves for success in the future. In this article, we’ve delved into the latest research, surveys and trends, as well as spoken to leaders in the space to give you a summary of what you need to know in 2023.