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4 ways top accountants prepare clients for Black Friday and Cyber Monday

Black Friday and Cyber Monday have become two of the biggest annual shopping events, with billions in sales up for grabs. However, the massive spikes in traffic and orders during these holidays can overwhelm unprepared retailers. Thorough planning and analysis is crucial to fully capitalize on these high-volume sales days. This is an opportunity where you as an accountant can provide invaluable guidance and direction.

Kaci Carson September 14, 2023

Balance sheet, P&L, and cash flow statement: Understanding your e-commerce financial statements

Understanding and tracking your e-commerce financial statements is an important aspect in managing your business finances. In this article, we'll explain what each financial statement shows, how they relate to each other, and most importantly, how analyzing them properly can positively impact your business.

Kaci Carson September 01, 2023

ChatGPT vs. Shopify Magic and Shopify Sidekick: What should merchants choose?

Shopify Magic and Sidekick are powerful tools for e-commerce stores. For employees and businesses alike, the dawn of AI chatbots most notably, ChatGPT, is a prevalent topic of discussion for all industries at the moment. Currently businesses are asking themselves the question, how can we apply the use of AI in our business for day to day tasks?

Kaci Carson August 11, 2023

5 Squarespace extensions every seller needs to manage your e-commerce store

Squarespace’s e-commerce platform offers built-in features to build and customize your own website and also possesses the ability to connect with third-party extensions. This unlocks even more opportunities to aid your business in different areas. By installing extensions, you can automate workflows, access valuable data insights, and provide a smoother experience for customers.

Kaci Carson August 02, 2023

WooCommerce accounting: How to manage multiple payment methods

As an e-commerce store owner using WooCommerce, you likely want to offer customers various payment options at checkout. WooCommerce supports many popular payment methods, including credit cards, bank transfers, and digital wallets. However, with more payment options comes additional complexity in your accounting procedures.

Kaci Carson July 24, 2023

Embrace the age of automation: How integrations are shaping the future of accounting

In this article, we’ve teamed up with Method to share the how integrations are shaping the future of accounting.

Amaka Team July 18, 2023

Pros and cons of hiring an e-commerce accountant or bookkeeper

As an e-commerce business owner, you're aware of the responsibility of accounting and bookkeeping. While it is important to have your own understanding of e-commerce accounting and bookkeeping, there comes a time where it’s necessary to engage with an accounting professional or firm to bear some of the load.

Kaci Carson July 10, 2023

Managing your Shopify finances and accounting: 5 apps you need

As a Shopify store owner, choosing the right finance and accounting apps (otherwise known as plugins or integrations) can save you a tonne of time and energy. However, with thousands of options available, it can be difficult to determine which Shopify accounting apps are most suitable for your specific store needs. It’s important to focus on plugins that will automate manual processes and provide valuable insights.

Kaci Carson July 03, 2023

E-commerce accounting: How to forecast revenue vs. profit

Forecasting revenue and profit for e-commerce sales is critical in managing your online business. You may have heard the words revenue and profit used when talking about an income a business makes through sales. Even though words are often used the same way, it's important to distinguish the difference between them.

Kaci Carson June 26, 2023

Amaka joins Squarespace Extensions marketplace providing Xero and MYOB integration

Squarespace, a leading e-commerce and website builder globally, has added Amaka’s Xero and MYOB accounting integrations to its Extensions marketplace.

Laura Tien June 22, 2023