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Shopify accounting: Recording Shopify Payments, fees and reconciliation
If you're using Shopify Payments as your main payment gateway and you're looking to understand how to manage your accounting and bookkeeping, this article is for you. We'll go through what Shopify Payments is, how to make sure you've set it up correctly, the fees involved and how to properly manage your books when using it.
Laura Tien
July 22, 2021
E-commerce accounting: How to record gift card sales and redemptions
Though gift cards, otherwise known as gift vouchers or gift certificates, are a key cash generator for many e-commerce businesses, not everyone is doing the bookkeeping for gift cards correctly. To ensure you're making the most of the benefits, you'll want to be aware of how to properly account for them.
Laura Tien
July 20, 2021
E-commerce accounting: How to integrate your inventory and accounting system
Inventory management for e-commerce businesses can be hard enough on its own and trying to figure out how to make sure numbers are correct in your accounting system can be even harder. In this article, we've teamed up with Unleashed Software, an inventory management software, to break these processes down and make them easier to manage.
Laura Tien
July 14, 2021
E-commerce accounting: The impact common issues have on cash flow
This article is brought to you by Brixx, a standalone and add-on cash flow forecasting tool.
Amaka Team
July 07, 2021
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