https://www.a2xaccounting.com/blog/ Recent content in Blog on A2X Hugo en-us Wed, 19 Aug 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-finalist-xero-app-awards-2026/ Mon, 17 Aug 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-finalist-xero-app-awards-2026/ A2X is named a finalist for two Xero Global App Awards 2026 Thank YOU! A2X has been named a finalist for two Xero Global App Awards in 2026, and we couldn’t have done it without our ecommerce accounting community. A2X is a Finalist for Global Small Business App of the Year 2026, recognizing the apps that help make the lives of small businesses easier. A2X is a Finalist for the People’s Choice Award 2026, decided entirely by nominations from our ecommerce customers and accounting partners. https://www.a2xaccounting.com/blog/accounting-maturity-model-newsletter/ Wed, 25 Mar 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/accounting-maturity-model-newsletter/ I was recently invited back as a guest on The Ecommerce Finance Podcast – hosted by Stephen Brown, co-founder of LedgerGurus. If you haven’t listened before, it’s one of the best resources out there for the financial side of running an ecommerce business. This time, Stephen and I went deeper on something we introduced in our first episode together: the accounting maturity model. Specifically, we tackled the question we hear from sellers at every stage of growth: What financial metrics should you actually be tracking right now – and when do they start to matter? https://www.a2xaccounting.com/blog/us-income-tax-basics-amazon-newsletter/ Wed, 11 Feb 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/us-income-tax-basics-amazon-newsletter/ Tax season is officially here. Even if you’re already well-prepared, ecommerce income tax compliance comes with its own set of complexities – especially when it involves navigating Amazon’s reporting. That’s why we teamed up with Steve Freshour ( The SellerCPA) to create a video guide that covers income tax basics for U.S.-based Amazon sellers. We walk through what to file, upcoming deadlines, and the Amazon-specific complexities that often trip up sellers. https://www.a2xaccounting.com/blog/us-income-tax-basics-non-resident-amazon-newsletter/ Wed, 11 Feb 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/us-income-tax-basics-non-resident-amazon-newsletter/ If you sell on Amazon U.S. from outside the United States, you’ve probably seen a lot of conflicting advice about income tax – and it’s not always clear what actually applies to your situation. U.S. tax season is here and key filing deadlines are deadlines are quickly approaching. To help you cut through the confusion, we put together a practical video guide with Steve Freshour from The Seller CPA that explains how non-U. https://www.a2xaccounting.com/blog/5-metrics-to-expect-ecommerce-accountant-newsletter/ Tue, 20 Jan 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/5-metrics-to-expect-ecommerce-accountant-newsletter/ Most ecommerce sellers track ROAS, CAC, and conversion rates. But if you’re not tracking the right financial metrics, it’s easy to grow revenue while quietly losing profit. This is what your accountant is for – turning all that sales activity into clear, trustworthy numbers, and helping you understand what to do next. I sat down with Lil Roberts, Founder and CEO of Xendoo, to break down the five metrics every ecommerce business should expect from their accountant – plus, what you should ask to get better insights. https://www.a2xaccounting.com/blog/a2x-product-updates-2025-roundup/ Thu, 15 Jan 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-product-updates-2025-roundup/ As you head into 2026, I wanted to share a quick roundup of A2X updates from 2025 that can make a real difference for ecommerce sellers – cleaner numbers, faster month-end, and fewer payout surprises. ▶️ Watch our 7-minute video: A2X 2025 Product Wrap-Up (with Amy, our Product Marketing Manager) to spot the features you haven’t tried yet. Or, scroll down for the list. Need help getting started with any of these new A2X features? https://www.a2xaccounting.com/blog/expert-tips-profitable-2026/ Thu, 08 Jan 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/expert-tips-profitable-2026/ The holiday rush is behind us. The returns are (mostly) processed. Now comes the part that separates “busy” from “profitable” – turning last year’s numbers into a plan you can trust. We asked our community of accounting and bookkeeping partners – the people behind some of the highest-performing ecommerce brands – for one finance move they’d prioritize for 2026. Skim this, pick 3 tips that match your biggest pain right now, and put them on the calendar for January. https://www.a2xaccounting.com/blog/partner-program-benefits-2026-newsletter/ Thu, 08 Jan 2026 00:00:00 +0000 https://www.a2xaccounting.com/blog/partner-program-benefits-2026-newsletter/ Ever walk into a restaurant and notice the person at the next table eating something that looks incredible – but it’s not on the menu? That’s how we feel when we meet accountants and bookkeepers using A2X for reconciliation, but not taking advantage of the A2X Partner Program. And to be fair, we get it. “Partnership” gets thrown around a lot in this industry – and too often it’s just a nicer word for “reseller. https://www.a2xaccounting.com/blog/year-end-thank-you-a2x-2025/ Tue, 16 Dec 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/year-end-thank-you-a2x-2025/ ’Tis the season for giving – and we wanted to say a big thank you for being part of the A2X Newsletter. To keep things festive, we put together a little poem (with a tiny assist from AI). TL;DR – reply to this email by December 19, 2025 and we’ll send you a $20 gift card to the A2X Swag Store. Bonus – we’d love to hear what you want more (or less) of in 2026, so hit reply with any feedback you have for us. https://www.a2xaccounting.com/blog/top-3-resources-2025-newsletter/ Thu, 11 Dec 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/top-3-resources-2025-newsletter/ As 2025 draws to a close, most ecommerce teams are deep in review and planning mode. To support your strategy for the coming year, we’ve gathered our most popular resources from this year. These are the tools that helped sellers like you get a clearer, sharper view of their numbers, processes, and future strategy. See the full list below ⬇️ P.S. We’re planning our content for 2026! What specific finance or accounting topics would you like to see covered next year? https://www.a2xaccounting.com/blog/a2x-wins-xero-small-business-app-2025-usa/ Fri, 28 Nov 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-wins-xero-small-business-app-2025-usa/ Say 👋 to Xero’s 2025 Small Business App of the Year in the United States: A2X! Small Business App of the Year recognizes an app partner in the Xero ecosystem that makes an everyday impact on small businesses. Xero highlighted the core functionality of A2X that helps small businesses save time and improve financial accuracy: A2X transforms complex, multi-channel ecommerce sales data into clean, accurate summaries that reconcile beautifully in Xero. https://www.a2xaccounting.com/blog/q3-pl-benchmarks-2026-planning-newsletter/ Tue, 25 Nov 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/q3-pl-benchmarks-2026-planning-newsletter/ ICYMI → we’ve officially partnered with Ecom CFO on their quarterly Ecommerce P&L Benchmark Report series! This means we’ll send you a copy of their incredibly valuable P&L benchmark report each quarter. The Q3 2025 Ecommerce P&L Benchmark Report is here, and it covers the financial trends that ecommerce brands are experiencing, plus CFO commentary from Sam Hill, Founder & CEO of Ecom CFO (and author of the report). 👉 Download the full report for the complete data set so you can understand how your brand’s performance compares. https://www.a2xaccounting.com/blog/3-ecommerce-cogs-videos/ Wed, 12 Nov 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/3-ecommerce-cogs-videos/ When Cost of Goods Sold is even a few dollars off, every metric from gross profit to ad budgets drifts out of line – and it’s challenging to make good business decisions. That’s why we put together a video series with Phil Oakley (Managing Director at Outserve) that explains how to lock in accurate COGS, assign every landed cost dollar, and choose the inventory valuation method that’s best for your business. https://www.a2xaccounting.com/blog/practical-marketing-for-ecommerce-accountants-2025/ Wed, 12 Nov 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/practical-marketing-for-ecommerce-accountants-2025/ I’ve been marketing to SMBs and accounting firms since 2017 (Hubdoc, Xero, A2X, plus other apps in the ecosystem) and I’m a little obsessed with helping accounting firms grow (especially in the ecommerce niche). At Camp A2X, our annual ecommerce accounting event, I ran a Marketing 201 session for accounting firms. It ended up being the top-rated session at 9.85/10 –and many of our accounting partners told me they took action that same day. https://www.a2xaccounting.com/blog/audit-readiness-checklist-newsletter/ Tue, 28 Oct 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/audit-readiness-checklist-newsletter/ If an audit is on your radar – whether for fundraising, a loan, or an exit – preparation is the key to shortening timelines and reducing fees. I sat down with Lonnie Bloom, Audit Partner at Withum, to walk through an ecommerce-focused audit preparation checklist and share practical tips for getting audit-ready. ▶️ Watch the full video (27 mins), download the checklist, and scroll down for key takeaways. ⬇️ Need help getting audit-ready? https://www.a2xaccounting.com/blog/newsletter-sell-accounting-practice-uk-alastair-barlow/ Wed, 24 Sep 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-sell-accounting-practice-uk-alastair-barlow/ Accounting and bookkeeping firm owners all confront the same fork in the road: Should you scale, merge, or sell your practice? Few can describe that crossroads better than Alastair Barlow – the co-founder of flinder, a finance-as-a-service practice he grew from an idea in 2017, to 40 staff and £2.5 million in revenue, before selling it minutes ahead of the 2023 UK Autumn Budget. Today Alastair advises practice owners who are weighing their own exit options. https://www.a2xaccounting.com/blog/newsletter-camp-a2x-2025-highlights/ Wed, 17 Sep 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-camp-a2x-2025-highlights/ Camp A2X just wrapped its 3rd year, and what a year it was. Over 60 ecommerce accounting leaders gathered lakeside in Canada to share wins, challenges, and playbooks. Attendees rated the experience a 9.6/10 overall, making this our best camp yet. Totally biased, but I really believe this is the best accounting event out there. What makes it special isn’t just the fall Canadiana backdrop, but the people. Everyone shows up ready to give: expertise, lessons, and candid stories to help each other raise the bar, build better practices, and ultimately help ecommerce clients achieve financial success. https://www.a2xaccounting.com/blog/newsletter-events-september-december-2025/ Tue, 26 Aug 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-events-september-december-2025/ It’s hard to believe we’re already well past the halfway point of 2025… and yet, it seems like the calendar of ecommerce and accounting events just keeps growing! Below, you’ll find the list of events we’re planning to attend (and that you should consider) from September through December. As an accounting professional, if you’re heading to any of these, I’d love to connect. We’re putting together a few meetups, so just reply to this email and let me know. https://www.a2xaccounting.com/blog/newsletter-amazon-spp-registration-tips/ Thu, 21 Aug 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-amazon-spp-registration-tips/ Many of our ecommerce accounting partners have either started or completed their migration to Amazon’s Solution Provider Portal (SPP). As per Amazon, this is going to be a requirement for all third-party service providers (accounting, marketing, etc.) to maintain access to their clients’ Seller Central data. Have you started the migration yet? We’ve been hearing from many accounting firms that the process can be challenging, so we recommend getting started sooner rather than later. https://www.a2xaccounting.com/blog/newsletter-payment-gateway-reconciliation-financly/ Wed, 30 Jul 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-payment-gateway-reconciliation-financly/ Struggling with monthly reconciliations for ecommerce clients who are using multiple payment gateways? We’ve launched a new video series to help – whether you’re new to ecommerce bookkeeping or want to streamline your workflow. Teresa Slack, CEO & Co-Founder of Financly and the Ecommerce Training Academy, shares her proven reconciliation process in QuickBooks Online for platforms like Shop Pay, Klarna, and more. ⬇️ Scroll down to access the full video series and supporting resources. https://www.a2xaccounting.com/blog/newsletter-ecommerce-benchmarks-q1-2025/ Fri, 27 Jun 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-ecommerce-benchmarks-q1-2025/ Ecom CFO recently released their Q1 2025 Ecom P&L Benchmarks Report – and it’s a must-read for your ecommerce clients who want to: • See how they stack up against similar brands • Use clear data to shape strategy for the rest of 2025 • Uncover hidden cost-saving and profit-boosting opportunities The report is completely free – download it here. We’ve invited Sam Hill, Founder & CEO of Ecom CFO, to share key insights (and expert commentary) from the report below ⬇️ https://www.a2xaccounting.com/blog/a2x-cin7-ecommerce-inventory-accounting/ Wed, 11 Jun 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-cin7-ecommerce-inventory-accounting/ When you’re selling on Shopify, Amazon, eBay, Etsy, or Walmart — or supporting a brand that does — it’s tough to know which apps will keep both your books and your stock accurate as you grow. Too many brands live with an incomplete stack propped up by spreadsheets, or if they’re scaling, assume an expensive ERP is the only way forward. The truth? A2X + Cin7 + Xero or QuickBooks now give you ERP-level clarity without the ERP-level pain. https://www.a2xaccounting.com/blog/newsletter-help-ecom-brands-decide-to-exit/ Wed, 11 Jun 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-help-ecom-brands-decide-to-exit/ Hi there, If you’ve been working with ecommerce businesses for a while, you’ve probably fielded this question from a client: Should I keep scaling and drawing cash from the business, or is it time to prepare for an exit? To unpack the financial, emotional, and strategic angles behind that decision – and help you guide clients with confidence – I spoke with Jason Somerville (valuation specialist at GW Partners) and Richard Starkey (ecommerce accounting expert at CronosNow). https://www.a2xaccounting.com/blog/a2x-settle-integration-cogs/ Tue, 20 May 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-settle-integration-cogs/ Growing ecommerce sellers, and the accounting professionals that support them, often reach a crossroads: they’ve outgrown best-guess Cost of Goods Sold (COGS), yet a full inventory management suite still feels like overkill. A2X already bridges much of that gap with lightweight COGS functionality: upload a CSV, link a spreadsheet, or sync Shopify item costs, then post clean entries to QuickBooks Online or Xero. Helpful, but still manual, and none of those options capture freight, duties, or other landed costs. https://www.a2xaccounting.com/blog/newsletter-amazon-spp/ Thu, 15 May 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-amazon-spp/ One upside of partnering with A2X is early intel from sales channels. When Amazon changes a policy, product, or portal that affects accountants, we get the opportunity to ask questions and get answers at the source. Here’s the latest change that will hit almost every accounting practice working with Amazon sellers. What’s happening Amazon is rolling out the Solution Provider Portal (SPP), a verified gateway for third-party accounting practices, agencies, and apps. https://www.a2xaccounting.com/blog/newsletter-tariffs-ca/ Wed, 30 Apr 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-tariffs-ca/ Here’s an unfortunate truth: Ecommerce sellers are on the front lines of these tariffs. The U.S. has the world’s largest consumer market, and China finds itself in most ecommerce supply chains. If your accounting practice supports Canada-based ecommerce businesses that sell into the U.S., you’re probably asking the same questions they are: “What will these tariffs do to our margins, and what should we change right now?” Tough to answer in volatile markets. https://www.a2xaccounting.com/blog/newsletter-tariffs-uk/ Fri, 25 Apr 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-tariffs-uk/ Here’s an unfortunate truth: Ecommerce sellers are on the front lines of these tariffs. The U.S. has the world’s largest consumer market, and China finds itself in most ecommerce supply chains. If your accounting practice supports UK ecommerce businesses that sell into the U.S., you’re probably asking the same questions they are: “What will these tariffs do to our margins, and what should we change right now?” Tough to answer in volatile markets. https://www.a2xaccounting.com/blog/newsletter-tariffs-us/ Fri, 25 Apr 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-tariffs-us/ Here’s an unfortunate truth: Ecommerce sellers are on the front lines of these tariffs. The U.S. has the world’s largest consumer market, and China finds itself in most ecommerce supply chains. If your accounting practice supports ecommerce businesses, you’re probably asking the same questions they are: “What will these tariffs do to our margins, and what should we change right now?” Tough to answer in volatile markets. Your clients do have two clear advantages: https://www.a2xaccounting.com/blog/newsletter-ecommerce-accounting-training-resources/ Fri, 11 Apr 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-ecommerce-accounting-training-resources/ “How do you get new staff members up to speed on ecommerce accounting?” We asked this question during a panel session at the Digital Accountancy Show in the UK. The answers varied greatly – from “learning as you go and addressing questions as they come,” to detailed onboarding playbooks complete with Standard Operating Procedures (SOPs) and checklists. The reality is that ecommerce can be complex and nuanced, depending on the channels and countries your clients sell in. https://www.a2xaccounting.com/blog/newsletter-ecommerce-benchmarks-2025/ Wed, 19 Mar 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-ecommerce-benchmarks-2025/ Have your clients ever asked you: “What financial trends are you seeing across your other ecommerce clients?” – or some version of this question? Good news! A2X partner Ecom CFO recently released their 2025 Ecom Profit & Loss Statement (P&L) Benchmarks Report – focused on private ecommerce businesses doing between $1M to $100M in annual revenue. To break it all down and give you access to this information, we invited Sam Hill, Founder of Ecom CFO, to guest-write this edition of our newsletter, highlighting trends, financial benchmarks, and insights to help you and your clients compare performance and plan for the future. https://www.a2xaccounting.com/blog/newsletter-apply-camp-a2x-2025/ Thu, 27 Feb 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-apply-camp-a2x-2025/ Back in 2023, we decided to put on the first Camp A2X. At the time, we felt there was a gap in the accounting event circuit for practices servicing ecommerce businesses. At every event, we noticed that those servicing ecommerce (or building an ecommerce niche) would gravitate towards one another – getting more value out of those interactions than the event content itself. That’s the challenge with accounting events that target practices servicing every industry. https://www.a2xaccounting.com/blog/newsletter-2025-events-list/ Tue, 18 Feb 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-2025-events-list/ Something strange is happening with in-person events in 2025, especially in cloud accounting and ecommerce. For one, I’m personally getting tons of requests from accounting professionals to share where A2X is going to be. More than any other year. They’re specifically looking for 2 types of events: Targeted toward accounting professionals so they can connect with peers Targeted toward ecommerce businesses so they can connect with potential clients On the flip side, I’ve been hearing chatter about how conferences are losing their charm, where the content is too general and feels recycled year-over-year. https://www.a2xaccounting.com/blog/newsletter-a2x-partner-program/ Wed, 29 Jan 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-a2x-partner-program/ I’ve been in the cloud accounting industry for much of my career, working side-by-side with accountants and bookkeepers to support business owners with their accounting. In this ecosystem, the word “partnership” gets used a lot, especially between vendors and accounting professionals. But over the years, it’s become a loaded term. Why? Unfortunately, it can be misused by vendors who really mean “reseller,” leaving a weird taste in people’s mouths. True partnership comes with expectations: “Are we working towards the same outcome? https://www.a2xaccounting.com/blog/newsletter-product-updates-2024/ Wed, 15 Jan 2025 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-product-updates-2024/ Wow, what a year 2024 was for A2X, our customers, and partners! As you ramp up for 2025, we wanted to send a recap of all of the exciting things you might have missed at A2X last year, so that you’re well-equipped for the year ahead. 💪 Scroll through to review: New features we launched in 2024 to make ecommerce accounting more accurate and automated Some exciting A2X milestones A sneak peek of what’s coming up in 2025 If you have a question about anything we launched in 2024, or if you have a request for 2025, respond to this email! https://www.a2xaccounting.com/blog/newsletter-happy-holidays-2024/ Wed, 18 Dec 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-happy-holidays-2024/ As we wrap up 2024, we’re taking a moment to reflect on what an incredible year it’s been for the A2X team, our customers, and partners. We’ve captured some of our favorite memories within the A2X community in the photos below, and we’re excited to share them with you. Whether you’re an A2X user or simply a reader of this newsletter, you’re part of our community – and for that, we want to say a heartfelt thank you! https://www.a2xaccounting.com/blog/newsletter-top-3-ecommerce-accounting-resources/ Tue, 10 Dec 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-top-3-ecommerce-accounting-resources/ In a sea of AI content, we do our best to keep our ears to the ground for the A2X Newsletter and focus on topics we’re best positioned to tackle – a.k.a., anything related to ecommerce accounting. I had initially planned to write about our award-winning Partner Program (look for that in an upcoming newsletter), but coincidentally, a few members of said Partner Program had recently reached out to me with requests for our ecommerce accounting templates and checklists. https://www.a2xaccounting.com/blog/newsletter-post-holiday-sales-2024/ Wed, 20 Nov 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-post-holiday-sales-2024/ You’ve heard plenty from me in the first two editions of the revamped A2X Newsletter, so this time, I’m handing the mic to our incredible community of ecommerce accounting professionals. With the holidays fast approaching, your ecommerce clients are in the thick of it: Black Friday and Cyber Monday sales, increased ad spend, a spike in returns, and more. This is their make-or-break season. But what happens after the rush, when it’s time to account for it all? https://www.a2xaccounting.com/blog/newsletter-intuit-connect-2024/ Thu, 07 Nov 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-intuit-connect-2024/ Intuit Connect is the biggest cloud accounting event of the year – and if you’re an accounting professional, it’s an event that’s worth paying attention to (even if you were unable to attend). In this second edition of the A2X Newsletter, I’ll share my observations at the event, the themes and general vibe, and how it all relates to the world of ecommerce accounting and the role of accountants and bookkeepers within it. https://www.a2xaccounting.com/blog/shopify-tax-migration-uk-eu/ Mon, 04 Nov 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/shopify-tax-migration-uk-eu/ Shopify recently notified merchants in the UK and EU that it will migrate them from their existing tax services to the new Shopify Tax UK/EU. In this guide, we provide an overview of what merchants should understand about this change. You can also learn more about the changes and what they might mean for your business in this webinar featuring Philip Oakley from Outserve. Note: A2X is not directly affiliated with Shopify, and merchants who have questions about how the Shopify Tax changes will impact their store should contact Shopify directly. https://www.a2xaccounting.com/blog/newsletter-marketing-your-practice-2024/ Wed, 16 Oct 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/newsletter-marketing-your-practice-2024/ As the Head of Marketing at A2X, I get the opportunity to talk with accounting and bookkeeping practice owners every day. Over the past few months, the consensus has been clear: marketing your practice feels harder in 2024. If your efforts aren’t getting the traction they used to, you’re definitely not alone. Here are just a few of the comments I’ve heard from accounting professionals in the past year: “Search traffic to my site and blog is constantly fluctuating and going in the wrong direction. https://www.a2xaccounting.com/blog/the-new-notifications-badge-for-a2x-product-updates/ Fri, 11 Oct 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/the-new-notifications-badge-for-a2x-product-updates/ Running a business or managing client accounts can be a whirlwind, and staying on top of the latest product updates often takes a back seat. We know how busy your day-to-day operations can get, which is why we’ve introduced a simple and effective solution to help you stay informed about the latest enhancements in A2X – our new notifications badge. Why we created the notifications badge A2X is constantly bringing you new tools and improvements to make ecommerce accounting easier. https://www.a2xaccounting.com/blog/finale-cost-integration/ Tue, 01 Oct 2024 12:31:00 +0000 https://www.a2xaccounting.com/blog/finale-cost-integration/ A2X and Finale Inventory have long been go-to automation tools for ecommerce sellers and their accounting partners—Finale for robust inventory management and calculating product costs, and A2X for automated and accurate Amazon, Shopify, eBay, Etsy, and Walmart payout reconciliation in QuickBooks or Xero and Cost of Goods Sold (COGS) accounting. Up until now, you could use both tools in parallel for their respective use cases. Finale for inventory and A2X for payout reconciliation. https://www.a2xaccounting.com/blog/a2x-shopify-cost-sync/ Tue, 01 Oct 2024 12:20:00 +0000 https://www.a2xaccounting.com/blog/a2x-shopify-cost-sync/ Keeping track of SKU costs is a critical part of ensuring accurate financial reporting, but up until now, it’s also been a manual process. Many of you have asked for a simpler solution, and we’ve listened. We’re excited to introduce Shopify Cost Sync, a new feature in A2X that directly integrates with Shopify to automatically pull SKU costs. No more exporting and importing cost data – A2X will now handle it for you, streamlining the SKU cost management process and removing the hassle of double-handling costs. https://www.a2xaccounting.com/blog/new-a2x-monthly-exports-feature/ Tue, 01 Oct 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/new-a2x-monthly-exports-feature/ With tools like the A2X Amazon Summary Report and Shopify Reconciliation Report, you can check to see if your data matches across your sales channels, A2X, and your accounting software – giving you 100% confidence in the accuracy of your books. But what happens when data doesn’t match between A2X and QuickBooks, Xero, Sage, or NetSuite? Common issues like duplicate entries, unposted payouts/settlements, or incorrect mappings can throw off your reconciliation process. https://www.a2xaccounting.com/blog/amazon-vat-changes-august-2024/ Mon, 03 Jun 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/amazon-vat-changes-august-2024/ As of 1 August 2024, Amazon updated its VAT treatment on selling and fulfillment fees. Amazon now charges domestic VAT on selling and fulfillment fees based on the seller’s country, rather than applying the reverse charge mechanism. Previously, UK VAT-registered sellers only paid VAT on UK advertising fees which were billed from London. All other fees were billed from Luxembourg and generally fell under the Reverse Charge Mechanism. The changes do not affect the VAT treatment of advertising fees, which will continue to be invoiced separately. https://www.a2xaccounting.com/blog/new-settlements-payouts-page/ Sun, 19 May 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/new-settlements-payouts-page/ The redesigned A2X Settlements/Payouts page is here, and it’s going to make finding, reviewing, and posting your A2X entries a dream. The new page includes many new features, including enhanced usability, faster loading times, and overall functionality improvements, making the accurate reconciliation of your ecommerce financials that much easier. Who is this page for? In short, everyone. If you have an A2X account and have posted an entry through to your accounting software, then you’ll have visited the Settlements page. https://www.a2xaccounting.com/blog/a2x-wins-xero-uk-practice-app-of-the-year-2024/ Mon, 06 May 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-wins-xero-uk-practice-app-of-the-year-2024/ Say 👋 to Xero UK’s 2024 Practice App of the Year: A2X! Practice App of the Year recognizes an app partner in the Xero ecosystem that focuses on client care, innovation, and knowledge sharing, among other best-practice qualities and value-adds for Xero accounting partners. According to Xero: A2X is in a unique position as a product often used by small businesses, but with a deliberate focus on empowering advisors to help tackle the complexities of ecommerce accounting for their clients. https://www.a2xaccounting.com/blog/a2x-certification-course/ Wed, 01 May 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-certification-course/ The A2X Certification Course is a great way for accountants and bookkeepers to learn how to use A2X like a pro – so you can ultimately manage ecommerce bookkeeping accurately and more efficiently. We’re pleased to share that we have re-launched our certification course to help A2X users get familiar with A2X’s new user interface and learn about our exciting new features. Whether you’re new to A2X or an experienced A2X user, you can benefit from taking the course. https://www.a2xaccounting.com/blog/set-up-a2x-amazon-vat/ Mon, 15 Apr 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/set-up-a2x-amazon-vat/ One of the biggest accounting mistakes that Amazon sellers make is recording their entire Amazon deposit as “income”. Amazon deposits are actually a combination of sales, fees, refunds, VAT, and other transactions – and all of these transaction types must be correctly accounted for. Manually going through Amazon settlement reports and recording each transaction into your accounting software is a daunting and time-consuming task. Fortunately, this is exactly what A2X was designed to do. https://www.a2xaccounting.com/blog/shopify-quickbooks-bookkeeping/ Tue, 02 Apr 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/shopify-quickbooks-bookkeeping/ Struggling to reconcile your Shopify store in QuickBooks Online? You’re not alone! Bookkeeping for Shopify is complicated. But, it’s important to do it correctly so that you can get accurate financials, which will help to ensure you’ve received all your payouts, enable you to make better business decisions, and even put your business in a better position to get investment or a loan. Read on for a step-by-step guide for how to do Shopify bookkeeping in QuickBooks Online. https://www.a2xaccounting.com/blog/quickbooks-desktop-vs-quickbooks-online-for-ecommerce/ Thu, 14 Mar 2024 10:00:00 +0000 https://www.a2xaccounting.com/blog/quickbooks-desktop-vs-quickbooks-online-for-ecommerce/ QuickBooks has long been a reliable solution for businesses needing streamlined accounting software. With Intuit’s extensive offerings, the decision to either stay with QuickBooks Desktop (QBD) or move to QuickBooks Online (QBO) involves careful consideration, especially for online sellers. But which solution is better suited for ecommerce? QuickBooks Desktop is loved for its inventory functionality, whereas QuickBooks Online offers far more accessibility for remote and dynamic teams. Let’s dive into the differences between the two to help you make an informed decision about which solution aligns best with your ecommerce business needs. https://www.a2xaccounting.com/blog/new-1-jan-2024-hmrc-regulations-for-ecommerce-sellers/ Wed, 06 Mar 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/new-1-jan-2024-hmrc-regulations-for-ecommerce-sellers/ The UK’s HM Revenue & Customs (HMRC) is set to enforce new regulations from January 1st, 2024 that will impact reporting requirements for ecommerce sellers. This move aims to tighten scrutiny on income earned through digital platforms including ecommerce channels eBay, Amazon, Shopify, Etsy, BigCommerce, and others – ensuring tax compliance and transparency. Please refer to the HMRC’s Policy paper here for more details about the changes. The regulation mandates digital platforms to collect detailed information on their users’ earnings and share this with the HMRC. https://www.a2xaccounting.com/blog/shopify-markets-pro/ Wed, 28 Feb 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/shopify-markets-pro/ Exciting news: A2X now captures all transaction details for Shopify Markets Pro orders, further enhancing our integration capabilities with Shopify. Previously, merchants had to use a clearing account with A2X or manually enter the Shopify fees into their accounting software to capture Markets Pro transactions. As of December 1, 2023, you can now match your A2X Markets Pro invoice or journal to the bank deposit for instant reconciliation. A2X will capture all transaction types from Markets Pro, including all commissions, shipping label fees, and import duties fees that previously needed to be manually entered into your accounting software. https://www.a2xaccounting.com/blog/buy-with-prime-for-shopify/ Thu, 15 Feb 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/buy-with-prime-for-shopify/ A2X’s integration with Shopify is designed for accuracy – meaning that A2X can capture all Shopify transaction types, even those from newer payment gateways. In 2023, Shopify announced several partnerships aimed at broadening the horizons for its merchants, including collaborations with TikTok and Amazon’s Buy With Prime. These partnerships are designed to seamlessly integrate external sales channels into the Shopify ecosystem, enhancing the versatility and reach of Shopify merchants. A2X is committed to adapting to Shopify’s new partnerships to continue to ensure sellers have accurate, reliable ways to reconcile their payouts. https://www.a2xaccounting.com/blog/introducing-shopify-reconciliation-report/ Fri, 09 Feb 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/introducing-shopify-reconciliation-report/ The Shopify Reconciliation Report is now available in Beta. This new report has been described as a ‘game-changer’ for Shopify bookkeeping, making your Shopify reconciliations even more accurate. It allows you to compare your Shopify data with A2X, identifies discrepancies at an order level, and gives you complete confidence your numbers tie back. It’s the best thing to happen to Shopify accounting… well, since A2X. Watch the webinar recording below to get more details about the Shopify Reconciliation Report. https://www.a2xaccounting.com/blog/amazon-summary-report/ Fri, 02 Feb 2024 12:00:00 +0000 https://www.a2xaccounting.com/blog/amazon-summary-report/ The Amazon Summary Report on A2X is now available in Beta! This new report is our latest innovation designed to make Amazon bookkeeping and reconciliations even more accurate. It allows you to easily compare your Amazon data with A2X, identifies discrepancies, and gives you absolute confidence your numbers tie back. It’s the best thing to happen to Amazon accounting… well, since A2X. Watch the webinar recording below to get more details about the Amazon Summary Report. https://www.a2xaccounting.com/blog/2023-product-roundup-webinar/ Fri, 19 Jan 2024 00:00:00 +0000 https://www.a2xaccounting.com/blog/2023-product-roundup-webinar/ In 2023, A2X had a bustling year, introducing new features to simplify the increasingly complex world of ecommerce accounting. To ensure our customers hadn’t missed anything, we recently hosted a webinar highlighting some of the biggest updates of 2023. Missed it? Don’t worry. This blog recaps the key features and updates discussed in the webinar and offers a sneak peek at what’s in store for 2024. For a more in-depth experience, feel free to watch the video. https://www.a2xaccounting.com/blog/accounting-for-tiktok-shop-sales-on-shopify-with-a2x-integration/ Fri, 15 Dec 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/accounting-for-tiktok-shop-sales-on-shopify-with-a2x-integration/ As a Shopify merchant, you’ve got the flexibility to sell across multiple channels, including TikTok Shop. This means you can funnel all your orders through Shopify, keeping everything from orders, inventory, and promotions in one place. But, it’s not without its complications, especially when it comes to accounting. In this blog, we’ll dive into selling on TikTok Shop, the accounting headaches it might bring, and how A2X helps you reconcile those tricky payouts in QuickBooks Online or Xero. https://www.a2xaccounting.com/blog/shopify-pos-accounting-quickbooks-xero-a2x/ Fri, 15 Dec 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/shopify-pos-accounting-quickbooks-xero-a2x/ For many retail businesses, managing both online and in-store sales can be challenging, especially when streamlining processes across various channels, locations, staff, and customers. Shopify, a leader in ecommerce, addresses these challenges by offering functionality for physical retail environments through its Point of Sale (POS) system. This integration provides retailers a seamless experience, combining the ease of online management with the tangibility of brick-and-mortar sales. While having one source of truth for sales, order management, and inventory is operationally beneficial, it introduces complexities in accounting when trying to reconcile your books in QuickBooks Online, Xero, or NetSuite. https://www.a2xaccounting.com/blog/new-a2x-sidebar-navigation/ Wed, 08 Nov 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/new-a2x-sidebar-navigation/ Introducing a new era of effortless navigation, and user-friendly designScaling ecommerce businesses, along with accounting professionals, often work across multiple sales channels linked to numerous A2X accounts. Our new sidebar navigation comes packed with features to boost your productivity: Account Overview: Sitting at the top of the navigation bar is the ‘Account Overview’. This will take you to a list of your accounts and who has access to each. Current Account: Pinned at the top is the account that you’re currently using. https://www.a2xaccounting.com/blog/new-a2x-mappings-page/ Mon, 06 Nov 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/new-a2x-mappings-page/ You might have noticed that we’ve been gradually introducing our new mapping interface since July 2022. Good news! From November 20th to December 18th, the new mappings interface will apply to all A2X accounts. The upgraded mapping page brings a host of improvements, including: Transaction, country, and marketplace filters, along with bulk actions – simplifying and streamlining account and tax mapping. Auto-mapping functionality – enabling the automation of mapping using A2X’s recommended account settings. https://www.a2xaccounting.com/blog/how-to-integrate-ebay-with-quickbooks/ Wed, 25 Oct 2023 08:00:00 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-ebay-with-quickbooks/ Setting up an integration between eBay and QuickBooks Online is a great idea – especially if you’re looking to spend less time on eBay accounting and bookkeeping. High-volume eBay sellers and accountants/bookkeepers who work with eBay sellers will be all too familiar with the complexities of eBay accounting and trying to get transactions to match up with eBay payouts. Fortunately, integrating eBay with QuickBooks Online can make eBay accounting and bookkeeping quick, easy, and accurate. https://www.a2xaccounting.com/blog/early-access-the-new-a2x-partner-dashboard/ Mon, 02 Oct 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/early-access-the-new-a2x-partner-dashboard/ A2X’s accounting and bookkeeping partners collectively manage thousands of A2X accounts. That’s a lot of accounts to keep track of, but with the new A2X Partner Dashboard, managing clients in A2X just got a whole lot easier. The A2X Partner Dashboard is now available for early access Here are some of the metrics you can view at a glance with the A2X Partner Dashboard: #1. Number of Subscribed Accounts For many ecommerce practices, client numbers can fluctuate, making it hard to determine how many A2X subscriptions you hold at any given time. https://www.a2xaccounting.com/blog/how-to-integrate-shopify-with-xero/ Thu, 10 Aug 2023 04:30:00 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-shopify-with-xero/ Setting up an integration between Shopify and Xero is an excellent way to save time on bookkeeping and get more accurate financials. Whether you’re a Shopify merchant managing your own books, or an accountant or bookkeeper who works with Shopify merchants, you’ll likely be familiar with the fact that getting your Shopify payouts to reconcile in Xero is challenging. Factors such as multiple payout sources, Shopify fees, different transaction types, third-party apps, and more make bookkeeping confusing and time-consuming. https://www.a2xaccounting.com/blog/dryrun-cash-flow/ Mon, 07 Aug 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/dryrun-cash-flow/ The global ecommerce industry has experienced an unprecedented boom over the past decade, driven by technological advancements and changing consumer behavior. However, as the initial hype begins to settle, competition intensifies, customer acquisition costs rise, and market saturation sets in, ecommerce businesses must adopt a strategic approach to sustain their growth. In today’s uncertain economic climate, effective cash flow management and forecasting emerge as critical elements that determine the long-term success and stability of ecommerce ventures. https://www.a2xaccounting.com/blog/growth-through-warehouse-efficiency/ Tue, 01 Aug 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/growth-through-warehouse-efficiency/ The logistics market has seen 29% growth in 2022, and this upward trend shows no signs of slowing down. However, not all businesses will be able to harness this projected growth. The ones that stand to reap the rewards are those who make efficiency and modernization their top priorities. Much like ecommerce accounting, accuracy and efficiency are the very essence of a successful warehouse operation. In a world where consumer demands soar, the role of warehouse efficiency has taken on paramount importance. https://www.a2xaccounting.com/blog/guide-to-making-money-with-amazon-fba/ Mon, 31 Jul 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/guide-to-making-money-with-amazon-fba/ Let’s be frank, most people don’t start an Amazon FBA business to simply break even. It doesn’t matter whether it’s a hobby, your side hustle, or full-time income, you want your Amazon FBA business to be making you money. And it can. Selling on Amazon FBA in 2023 is still worth it, there is plenty of money to be made if you go about it the right way. With that in mind, there is no secret recipe, no guaranteed fast-track to the top of the Amazon golden hill of success. https://www.a2xaccounting.com/blog/cogs-profitability-finale/ Mon, 10 Jul 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/cogs-profitability-finale/ As important as COGS (cost of goods sold) is, it can be a confusing concept to understand. One simple Google search can return a multitude of different definitions. You may be asking yourself: How can this be?! It’s because COGS is calculated differently based on business type. This article will set the record straight on COGS for ecommerce sellers, walk through similar calculations that often get confused with COGS, and explain how best to analyze the profitability of your business with the help of COGS. https://www.a2xaccounting.com/blog/quickbooks-online-solution-provider-program/ Mon, 10 Jul 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/quickbooks-online-solution-provider-program/ Since 2017, ecommerce businesses and their accounting partners have trusted A2X to accurately automate their revenue reconciliation in QuickBooks Online. From Amazon, Shopify, eBay, Etsy, Walmart to multi-channel, A2X and QuickBooks Online form an ideal solution for online merchants – with 478 reviews and a 4.7 star rating on the QuickBooks Online App Store. Building upon this success, A2X is excited to join the QuickBooks Online Solution Provider Program. As a QuickBooks Online Solution Provider Program member, A2X can better support ecommerce businesses that are just starting their accounting journey; by using A2X and QuickBooks Online together for revenue reconciliation and providing 30% off* QuickBooks Online for new customers. https://www.a2xaccounting.com/blog/q2-2023-product-updates/ Mon, 10 Jul 2023 00:00:00 +0000 https://www.a2xaccounting.com/blog/q2-2023-product-updates/ From a simplified billing process to intuitive bulk actions, our recent enhancements are designed to speed up your monthly operations. Here are A2X’s product updates for Q2, 2023. #1 Same Advanced Mapping Functionality, But Easier to Use The A2X Mapping Page has had an upgrade, but instead of a total transformation, we’ve focused on making it more user-friendly without changing the advanced functionality you’re familiar with. Mapping can be complicated, which is why we want to give you quick access to the resources you need to do it yourself or enlist the help of an ecommerce accounting professional. https://www.a2xaccounting.com/blog/accounting-mistakes-webinar/ Thu, 08 Jun 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/accounting-mistakes-webinar/ With every transaction made and every dollar earned, keeping a precise record is imperative for accounting and tax purposes. This holds true whether you’re an experienced ecommerce merchant or a novice starting your journey. Unfortunately, it’s all too easy to stumble into expensive accounting blunders. In this insightful webinar, A2X’s product marketing manager, Amy Crooymans, and OFX’s Oliver Budniak unravel the complex world of ecommerce accounting. Read on to hear Amy highlight how to sidestep some of the most frequent errors made by ecommerce businesses in their accounting practices. https://www.a2xaccounting.com/blog/quickbooks-amazon-integration-guide/ Thu, 01 Jun 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/quickbooks-amazon-integration-guide/ Integrating Amazon Seller Central with QuickBooks Online is a great way to spend less time on bookkeeping while getting more accurate financials. If you’re an Amazon seller (or an accountant or bookkeeper who works with Amazon sellers), then you’ll understand that Amazon bookkeeping can be complex. Amazon settlements are made up of sales, fees, refunds, and other fees and transactions that must be coded to the correct account and reconciled in QuickBooks. https://www.a2xaccounting.com/blog/ecommerce-accounting-pitfalls/ Tue, 30 May 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-accounting-pitfalls/ If you have money coming in and money going out, you need to keep track of it for accounting and tax purposes. Whether you are a seasoned ecommerce seller or are just learning how to sell on Amazon, it’s easy to make costly accounting mistakes. In this webinar, A2X product marketing manager Amy Crooymans discusses how to navigate ecommerce accounting and avoid some of the common mistakes ecommerce companies make with their accounting. https://www.a2xaccounting.com/blog/new-homepage-and-simplified-setup/ Tue, 23 May 2023 11:35:00 +0000 https://www.a2xaccounting.com/blog/new-homepage-and-simplified-setup/ A2X is renowned for being the most robust and accurate ecommerce accounting solution, and that will always be at the core of everything we do. But that doesn’t mean it shouldn’t be easy to set up and use. A common theme in both customer feedback and product UX reviews was that getting set up on A2X could be a little daunting. First impressions are so important, and we care about our customers having the best first experience with A2X. https://www.a2xaccounting.com/blog/selling-on-walmart-com/ Mon, 22 May 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/selling-on-walmart-com/ Amazon finally has a real competitor in the ecommerce space, and it’s none other than retail giant Walmart. Now that the latter’s platform is exploding in growth, merchants would be wise to explore their options. Expanding your Amazon business to selling on Walmart is a smart move to increase your reach and revenue. While Amazon is the largest online marketplace, Walmart marketplace has seen impressive growth in recent years and offers several benefits to sellers. https://www.a2xaccounting.com/blog/xero-amazon-integration/ Tue, 16 May 2023 05:00:00 +0000 https://www.a2xaccounting.com/blog/xero-amazon-integration/ Integrating Amazon Seller Central with Xero is a great way to get Amazon bookkeeping done quickly, easily, and accurately. Whether you’re an Amazon seller, or an accountant or bookkeeper who works with Amazon sellers, you’ll likely be very familiar with the complexity that comes along with Amazon bookkeeping. Coding Amazon fees, refunds, sales, and other transactions to Xero can be confusing and time-consuming. Fortunately, integrating Amazon with Xero can automate most of the bookkeeping process and make reconciliation much easier. https://www.a2xaccounting.com/blog/how-to-manage-payroll-for-an-ecommerce-business/ Mon, 15 May 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/how-to-manage-payroll-for-an-ecommerce-business/ It’s probably a pretty safe bet to say you didn’t start your ecommerce business to manage payroll. As much as it’s a not-so-glamorous task in the line of tasks you have on the go, it’s a necessary one once you start bringing employees into the fold of your ever-growing business. And one you’ll want to complete with precision. As you probably know, payroll isn’t just about paying your employees and washing your hands of it. https://www.a2xaccounting.com/blog/what-is-a2x/ Fri, 21 Apr 2023 11:35:00 +0000 https://www.a2xaccounting.com/blog/what-is-a2x/ A2X is an ecommerce accounting app that helps businesses, accountants, and bookkeepers, automatically reconcile payouts from their sales channels in QuickBooks Online, Xero, or Sage. Founded in 2014, A2X works with over 12,000 customers as well as the top ecommerce accounting and bookkeeping practices in the world. With the support of our customers and partners, A2X is the most accurate ecommerce accounting solution available today – helping businesses increase their financial visibility while saving hours a month. https://www.a2xaccounting.com/blog/etsy-sales-tax-guide/ Tue, 18 Apr 2023 04:26:00 +0000 https://www.a2xaccounting.com/blog/etsy-sales-tax-guide/ If you’re an Etsy seller concerned about whether you should be collecting sales tax yet, or how to remit it, then this guide is for you. Sales tax can get confusing. Not only does every US state have its own criteria for when to pay but rates, rules, and filing frequencies differ too. But you’re not in it alone. There are plenty of ways you can successfully handle your sales tax that shouldn’t sink your business. https://www.a2xaccounting.com/blog/how-to-integrate-shopify-with-quickbooks/ Fri, 17 Mar 2023 04:38:00 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-shopify-with-quickbooks/ Integrating Shopify and QuickBooks Online is a great way to save time on bookkeeping and get accurate financials for your Shopify store. Whether you’re a Shopify merchant, or an accountant or bookkeeper who works with Shopify merchants, you’ll understand some of the complexities that come along with Shopify bookkeeping. Between managing multiple payout sources, Shopify fees, different transaction types, third-party apps, and more, getting everything to reconcile can be a huge challenge. https://www.a2xaccounting.com/blog/ecommerce-accounting-and-bookkeeping/ Wed, 15 Mar 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-accounting-and-bookkeeping/ This article is a guest post from our friends at Ecombalance, a monthly bookkeeping service and A2X Gold Partner. Starting, running, and scaling an ecommerce business can be a difficult and complicated process, especially when it comes to your ecommerce bookkeeping and accounting. In addition to managing your inventory, shipping, customer service and more, you also need to keep up with the financial side of your business. This means staying on top of taxes, filing accurate financial statements, understanding business deductions, tracking expenses and more. https://www.a2xaccounting.com/blog/separating-financial-and-inventory-reports/ Mon, 27 Feb 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/separating-financial-and-inventory-reports/ This article is a guest post from our friends at MerchantSpring, a leading reporting suite for ecommerce accountants, aggregators and brands. To achieve success in ecommerce, it’s crucial to analyze the performance of individual products and capitalize on the ones that are thriving while scaling back on those that are not. While many business owners assume that accounting software is the ideal source for this information, attempting to force accounting software to serve as a complete analytics solution can actually result in a chaotic and complicated situation. https://www.a2xaccounting.com/blog/webinar-accounting-methods/ Mon, 20 Feb 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/webinar-accounting-methods/ Choosing an accounting method has a significant impact on how much visibility you have into your ecommerce business’s finances. It’s crucial to choose a method that is not only an efficient use of your time but gives you the level of insight needed to make decisions that will help your brand grow. In this webinar, ecommerce accountant Cyndi Thomason talks about the two main methods of accounting: cash basis and accrual basis. https://www.a2xaccounting.com/blog/ecommerce-accountant-perfect-matches/ Tue, 14 Feb 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-accountant-perfect-matches/ When starting an ecommerce business, it’s understandable that accounting may not be at the forefront of your mind. With so many other tasks, it’s easy to push accounting to the bottom of the list. However, as your business expands—hiring staff, manufacturing, fulfillment, entering new markets, and dealing with different compliance obligations—having an ecommerce accounting expert can make all the difference. Ecommerce accounting experts understand the ins and outs of your sales channels and know the best software solutions to implement. https://www.a2xaccounting.com/blog/accounting-for-shopify-with-a2x/ Tue, 31 Jan 2023 20:00:00 +0000 https://www.a2xaccounting.com/blog/accounting-for-shopify-with-a2x/ Shopify sellers have better accounting with A2X for Shopify integration In today’s technology-driven world, there is no real excuse for poor accounting. While most businesses and Shopify sellers find it a monotonous and time-consuming chore, it’s essential for tracking, managing and optimizing the growth of your business. Say goodbye to spreadsheets and invest in user-friendly and effective accounting software. Having a robust system in place will help you manage your cash flow and taxes – simplifying your finances. https://www.a2xaccounting.com/blog/multichannel-selling-guide/ Mon, 23 Jan 2023 11:58:00 +0000 https://www.a2xaccounting.com/blog/multichannel-selling-guide/ Have you ever stood in a store, about to buy a product, and then quickly checked online to see if it’s cheaper? Yeah, you’re far from alone. We live decidedly multichannel lives these days. As customers, we have choice. It might be shopping through ecommerce sites, brick-and-mortar stores, social media, or market stalls. And we expect our favorite brands and products to be there waiting for us across a variety of mediums. https://www.a2xaccounting.com/blog/bookkeepers-and-cpas-working-together/ Sun, 22 Jan 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/bookkeepers-and-cpas-working-together/ Bookkeepers and CPAs are two important professionals in the accounting field who often work closely together. However, there are ways that these two groups can work even better together in order to provide more efficient and accurate financial services to their clients. This webinar explores strategies for improving collaboration between bookkeepers and CPAs to better serve clients and advance careers. By understanding each profession’s unique roles and responsibilities and finding ways to support one another, bookkeepers and CPAs can work more effectively as a team. https://www.a2xaccounting.com/blog/social-media-for-ecommerce-businesses-today-2022-guide/ Thu, 19 Jan 2023 10:15:00 +0000 https://www.a2xaccounting.com/blog/social-media-for-ecommerce-businesses-today-2022-guide/ “Pushing a company agenda on social media is like throwing water balloons at a porcupine.” Erik Qualman, author and motivational speaker. It’s no secret that social media is a powerful tool for businesses. But its power lies in engaging with the right audience in the right way, which is not an easy thing to nail. Particularly when audience interests, needs, and expectations change. Simply posting an ad or a product is not enough. https://www.a2xaccounting.com/blog/how-to-sell-on-walmart-marketplace/ Tue, 17 Jan 2023 21:00:00 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-walmart-marketplace/ Walmart exists to make life easier for consumers. This is clear in everything from their branding to the layout of their physical stores - it’s a one-stop shop; it’s the most affordable stuff all in one place; it’s trusted, recognizable brands that consumers know and can depend on. Walmart’s fast growing online marketplace is an opportunity for business owners and entrepreneurs to get all the benefits of having their products in a department store, with the convenience and increased reach of ecommerce. https://www.a2xaccounting.com/blog/how-to-sell-on-etsy/ Tue, 17 Jan 2023 12:21:00 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-etsy/ Etsy is the home of the makers, the doers, the dreamers, and the creators. Original, vintage, and hand-made products are Etsy’s trade. So naturally, it attracts crafty sellers wanting to share their talents and skills. But Etsy is an ecommerce platform first and foremost - one with a trade value of $2 billion on the NYSE. Selling on Etsy successfully takes more than simply signing up and listing a product. https://www.a2xaccounting.com/blog/modified-cash-basis/ Thu, 12 Jan 2023 04:00:00 +0000 https://www.a2xaccounting.com/blog/modified-cash-basis/ This article has been written for US-based businesses. Businesses based in other locations may be required to use a specific method. If in doubt, please consult an accounting professional. If you’re doing accounting for an ecommerce business, you’re probably familiar with cash basis and accrual basis accounting methods—but what about modified cash basis accounting? An accounting method significantly impacts how a business is run. It affects how a business appears to be performing, how cash is managed, where investments are made, and ultimately, how much it’s worth. https://www.a2xaccounting.com/blog/how-to-sell-on-shopify/ Thu, 12 Jan 2023 03:28:00 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-shopify/ Shopify was started in 2004. Canadians Tobias Lütke and Scott Lake wanted to sell snowboarding equipment, but found the existing tools for ecommerce sellers too restrictive. So, they built their own. By 2007, the company was bringing in around $8,000/month. Now, monthly revenue is closer to $20million. As an industry leader, Shopify is constantly evolving to give customers the best experience, exceed their expectations and help sellers push boundaries. https://www.a2xaccounting.com/blog/best-things-to-sell-on-ebay/ Wed, 11 Jan 2023 01:13:00 +0000 https://www.a2xaccounting.com/blog/best-things-to-sell-on-ebay/ Any Tom, Dick or Sally can sell almost anything on eBay. With 1.3 billion listings on the platform alone, competition is fierce, and knowing the best things to sell on eBay to make money has become an art in itself. To be a successful eBay seller, you should have a handle on where eBay has been, where it’s going, and how this translates to buyer behavior. Armed with this knowledge, you can make informed decisions about how you will stand out from the significant crowd this year, and reach your selling goals. https://www.a2xaccounting.com/blog/how-to-sell-on-amazon/ Tue, 10 Jan 2023 17:05:00 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-amazon/ In 2020, it became official: Amazon is worth $1 trillion. Sharing its name with one of the most biodiverse forests on the planet, Amazon’s seemingly infinite footprint and product offering are similarly expansive. And Amazon.com is the tip of the iceberg. From music streaming to healthcare, gaming, entertainment, cloud computing, and more, Amazon is so much more than an ecommerce platform - though it still holds the top spot for that, too. https://www.a2xaccounting.com/blog/etsy-shipping-guide/ Mon, 09 Jan 2023 09:29:00 +0000 https://www.a2xaccounting.com/blog/etsy-shipping-guide/ The rapid expansion of ecommerce has had a similar impact on the fulfillment sector. By 2027, global ecommerce fulfillment is expected to be worth $113.6 billion. According to Etsy, you’re far from alone if you’re worried about shipping: “It’s normal to feel a little anxiety around the delivery and handling process – in fact, it’s one of the most common concerns new sellers have.” Consumers want fast, free and sustainable shipping today. https://www.a2xaccounting.com/blog/ecommerce-branding-guide/ Fri, 06 Jan 2023 14:28:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-branding-guide/ “Your brand is the single most important investment you can make in your business.” Steve Forbes, Editor-in-Chief at Forbes magazine. It is estimated that there are somewhere between 12 and 24+ million ecommerce stores online. With no “passers-by” like you might have on the street, ecommerce sellers need to do a bit of extra work catching attention and building recognition. And branding is a fundamental way to do that. https://www.a2xaccounting.com/blog/best-products-to-sell-on-amazon-fba/ Tue, 03 Jan 2023 08:33:00 +0000 https://www.a2xaccounting.com/blog/best-products-to-sell-on-amazon-fba/ Two billion. That’s how many visitors Amazon.com recorded in February 2022. And they’re not just window shopping, either. According to a Feedvisor survey, 89% of buyers agree that they are more likely to purchase from Amazon than other ecommerce sites. It’s easy to see why so many sellers set up shop there. But how do they know best products to sell on Amazon FBA? Find out with this guide. https://www.a2xaccounting.com/blog/tracey-newman-joins-a2x/ Tue, 20 Dec 2022 08:01:00 +0000 https://www.a2xaccounting.com/blog/tracey-newman-joins-a2x/ A2X is delighted to announce that Tracey Newman, founder of CloudCounting and formerly of Bean Ninjas, is the latest addition to the A2X team, joining as a Product Manager. Tracey brings over 20 years of experience as an accountant in Canada and Australia and has spent the last six years working in the ecommerce accounting niche. Keen to explore another side of ecommerce accounting, Tracey has joined the world of SaaS to build products that she has personally identified as necessary and desirable for ecommerce accountants through her own experience in the field. https://www.a2xaccounting.com/blog/a2x-partner-program/ Tue, 06 Dec 2022 04:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-partner-program/ Supporting accountants and bookkeepers at every stage of their ecommerce journey When A2X was founded in 2014, our mission was simple: build a world-class ecommerce accounting solution that provides accurate, automated revenue reconciliation for businesses selling online. Fast forward to our first hundred customers (~2015), we realized that although A2X provided an essential ecommerce accounting solution, many were hungry for more financial advice. Even though they (now) had accurate financials for their Amazon, Shopify, and other sales channels, they needed support from expert ecommerce accountants and bookkeepers to help them make sense of it all. https://www.a2xaccounting.com/blog/ebay-vat-guide/ Thu, 01 Dec 2022 07:00:00 +0000 https://www.a2xaccounting.com/blog/ebay-vat-guide/ Selling globally opens your business up to numerous markets but you also become subject to meeting tax thresholds in multiple economies with different rules. That includes a big one for sellers in Europe and UK sellers using eBay: VAT. Navigating VAT can seem intimidating, but once you understand what it is and if you need to pay it, you’ll be able to sell with confidence. This comprehensive guide explores everything to do with eBay VAT in the UK and Europe, including what it means for eBay sellers like you, how much it is, how to pay it, and where to get started. https://www.a2xaccounting.com/blog/ecommerce-technology-stack/ Thu, 01 Dec 2022 04:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-technology-stack/ Undoubtedly, a well-designed and implemented ecommerce technology stack can help a business pull ahead of its competition – from the automation of administrative tasks, access to higher quality business and financial data, and so much more. But knowing exactly when and what to invest in is more of a complex task—especially in 2023, when there are multiple products for every possible use case. This guide will take you through crucial considerations when deciding to build a tech stack for your ecommerce business. https://www.a2xaccounting.com/blog/best-things-to-sell-on-shopify/ Wed, 30 Nov 2022 10:37:00 +0000 https://www.a2xaccounting.com/blog/best-things-to-sell-on-shopify/ People shop via ecommerce for just about anything, so the list of things you could sell online is practically endless. Where do you start when it comes to finding products that will be popular for your Shopify store? In this guide, we aren’t going to just provide you a list of promising ideas. Whilst we will cover what has been performing well, we want to help you ask the right questions and perform insightful research so that you can make the best decisions for your business in the long-term. https://www.a2xaccounting.com/blog/making-tax-digital-and-a2x/ Mon, 14 Nov 2022 04:00:00 +0000 https://www.a2xaccounting.com/blog/making-tax-digital-and-a2x/ You’ve probably heard a lot about Making Tax Digital (MTD) as an ecommerce business. Whether you’ve already adapted your accounting or are in the process of doing so, the great news is that A2X can support you on your MTD journey—especially if you’re selling on Amazon, Shopify, eBay, or Etsy. Although it previously only applied to businesses over the £85k VAT threshold, from 1 April 2022, the MTD law changed, meaning it now applies to all businesses. https://www.a2xaccounting.com/blog/shopify-pos-guide/ Wed, 09 Nov 2022 05:29:00 +0000 https://www.a2xaccounting.com/blog/shopify-pos-guide/ Over a million businesses use Shopify to manage their online store, but did you know it also offers a point of sale (POS) system, allowing brick-and-mortar store owners to use Shopify for in-person and online sales? Using one platform for online and in-person selling means business owners benefit from unified reporting rather than pulling reports from multiple systems and merging them. Because customer information syncs across the platform, this leads to a better, more personalized buying experience. https://www.a2xaccounting.com/blog/income-tax-audit-report/ Mon, 07 Nov 2022 04:00:00 +0000 https://www.a2xaccounting.com/blog/income-tax-audit-report/ All businesses can be subject to an income tax audit. And if you’re in the under $25,000 and over $500,000 revenue brackets, listen up, because in recent years the IRS has audited those businesses more than most. And it’s not just the IRS that can audit you. States can audit for income tax, just like they can with sales tax. We recently published a report on sales tax audits and how ecommerce businesses experience them. https://www.a2xaccounting.com/blog/shopify-sales-tax-guide/ Tue, 01 Nov 2022 03:13:00 +0000 https://www.a2xaccounting.com/blog/shopify-sales-tax-guide/ Since Shopify’s inception in 2004, US ecommerce sales revenue has skyrocketed from $75 billion to $959 billion in 2021. In the last decade alone, the industry has multiplied itself almost five times over. With the advent of ecommerce, the IRS had to adjust and catch up, which they did in 2018. Gone are the days where ecommerce sellers could turn a blind eye to their sales tax obligations. Sales tax for Shopify sellers today must be a top priority, and as Shopify is not a marketplace facilitator, unlike platforms such as Amazon or Etsy, it won’t automatically do it for you. https://www.a2xaccounting.com/blog/amazon-vat-guide-uk-and-europe/ Thu, 27 Oct 2022 03:56:00 +0000 https://www.a2xaccounting.com/blog/amazon-vat-guide-uk-and-europe/ If you’re an Amazon seller trading into or within the UK and Europe, you’ll no doubt have noticed a lot of VAT changes over the last few years. First as a result of Brexit, and most recently, the 2021 Ecommerce VAT Package, which shifted the goalposts in a few different ways. In this guide, we’ll break down what you need to know about VAT, the current regulations, the options for those filing, and creating your own Amazon VAT strategy. https://www.a2xaccounting.com/blog/near-ecommerce-failures/ Mon, 24 Oct 2022 04:00:00 +0000 https://www.a2xaccounting.com/blog/near-ecommerce-failures/ If you’ve ever watched a scary movie, you’ve likely experienced that moment of smug disbelief when a character runs directly into danger against all better judgment. Yelling at the screen does nothing to deter them, and it’s no surprise when they meet their grisly end and become another cautionary tale. While there aren’t too many crazed killers or nasty monsters in the world of ecommerce accounting, ask any accountant or bookkeeper, and you’ll discover plenty of horror stories. https://www.a2xaccounting.com/blog/introducing-assisted-setup/ Tue, 13 Sep 2022 11:35:00 +0000 https://www.a2xaccounting.com/blog/introducing-assisted-setup/ Ecommerce accounting can be complex, especially when compared to traditional brick and mortar retailers. From selling large volumes of products across multiple sales channels in different states, provinces, or countries to dealing with multiple tax requirements, there’s a lot you need to account for. That’s why A2X (and our network of expert ecommerce accounting and bookkeeping partners) exists! To automate your ecommerce accounting, save you hours a month, while providing you with the most accurate financials. https://www.a2xaccounting.com/blog/business-exit-plans/ Mon, 25 Jul 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/business-exit-plans/ Wondering whether now is the right time to sell your business? Use our free assessment tool to figure out how to get the best value and whether you need to do more now to get more later. Download it free here. “Ideally, an entrepreneur will develop an exit strategy in their initial business plan before actually going into business.” Investopedia. Are you feeling validated by that quote or a little panicky? https://www.a2xaccounting.com/blog/best-inventory-accounting-method/ Thu, 30 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/best-inventory-accounting-method/ We want to make life easy for ecommerce sellers when it comes to their accounting. Download your own free ecommerce bookkeeping checklist so that you know what regular tasks you should be completing to run a resilient, profitable business. The way you record your inventory impacts everything else in your business. Your profits, your taxes, and the value of your business to name a few. But there isn’t just one way to do it. https://www.a2xaccounting.com/blog/accounting-for-foreign-currency/ Wed, 29 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/accounting-for-foreign-currency/ This article was written by our friends at Airwallex. Check out www.airwallex.com to find out more about how their international banking services can help your ecommerce business to thrive. So you’ve launched your ecommerce store and the orders are coming in. It’s a great feeling. But you’re keen to really expand. And selling overseas might be the best way to do it. Breaking into a new market is a great way for business owners to explore their untapped growth potential. https://www.a2xaccounting.com/blog/processes-of-accounting-for-ecommerce-sellers/ Wed, 29 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/processes-of-accounting-for-ecommerce-sellers/ Never miss a beat in your ecommerce accounting with our free downloadable checklist. Everything you should be doing on a regular basis to ensure your ecommerce books and business thrive, ready to go. “Inefficient processes (44%) are [one of] the biggest causes of wasted time within an organization.” Planview’s Powering Productivity Study. Are you one of the many people wasting almost a third of your work day battling with inefficient processes? https://www.a2xaccounting.com/blog/cyndi-thomasons-new-book/ Tue, 21 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/cyndi-thomasons-new-book/ Are you pulling your hair out trying to manage your business and your family? Cyndi Thomason knows the feeling well. In fact, she’s written a book about it. Find out what inspired her below and some of the nuggets of wisdom to be found within the pages. Motherhood, apple pie, and all that happy horsesh*t At the launch party for my new book, Motherhood, Apple Pie and All That Happy Horseshit, a mom entrepreneur talked about the importance of having good financial data to manage your business. https://www.a2xaccounting.com/blog/top-3-accounting-mistakes-that-cost-your-business-money/ Mon, 06 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/top-3-accounting-mistakes-that-cost-your-business-money/ In a recent webinar, one of our A2X experts, Amy Crooymans, discussed three of the most common accounting mistakes made by ecommerce sellers. These challenges can end up costing your business a lot of money and create further problems for you down the line. We’ve summarized the key points made by Amy in the webinar, along with what you can do to avoid the mistakes mentioned. *All quotes below are from Amy. https://www.a2xaccounting.com/blog/ecommerce-accounting-explained-cost-of-goods-sold-cogs/ Mon, 06 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-accounting-explained-cost-of-goods-sold-cogs/ Want to feel totally confident in your bookkeeping? Our Essential Ecommerce Bookkeeping Checklist is your roadmap to bookkeeping success. Download it for free to enjoy tidy, reliable accounts from now on. “If you want to make business decisions you need to understand your KPIs. Your margin is the most important one. It allows you to understand whether your products are making money.” Lior Zehtser, Co-founder, ConnectCPA. Margins help you figure out whether your business is profitable. https://www.a2xaccounting.com/blog/documenting-ecommerce-bookkeeping-processes/ Wed, 01 Jun 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/documenting-ecommerce-bookkeeping-processes/ Looking for a simple way to set your business up for growth? Documenting your processes could be the answer. Having a record of essential tasks increases productivity and consistency. And it’ll help your business to scale. This guide shows you why and how to record your processes with the help of our free bookkeeping checklist. We also hosted a webinar about how to use the checklist, joined by Juliet Aurora from AIS Solutions, Brittany Brown from LedgerGurus and Joe Carufe from KarbonHQ. https://www.a2xaccounting.com/blog/income-statements-vs-balance-sheets-vs-cash-flow-forecasts/ Sun, 29 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/income-statements-vs-balance-sheets-vs-cash-flow-forecasts/ “Don’t ever let your business get ahead of the financials. Accounting, accounting, accounting. Know your numbers.” Tilman J. Fertitta, Chairman and CEO, Landry’s Inc. It’s almost impossible to succeed without a good handle on your numbers, especially in ecommerce. 32% of ecommerce startups fail because they run out of cash, 29% fail because of cost and pricing issues, and others fail because they try to scale too quickly. So how do you avoid these issues? https://www.a2xaccounting.com/blog/how-to-build-your-own-amazon-private-label-guide/ Fri, 27 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/how-to-build-your-own-amazon-private-label-guide/ This blog gives an overview of one Amazon business model: Private Label. For a more in-depth breakdown of all the different elements of selling on Amazon, download our free guide to selling on Amazon on 2022. “Launching your very own branded product on Amazon is one of the most lucrative ways to sell products online.” JungleScout. Running a prosperous ecommerce store is all about selling products that people want to buy. https://www.a2xaccounting.com/blog/clearpitch-earth-day-event-summary/ Fri, 13 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/clearpitch-earth-day-event-summary/ This month, A2X joined the judging panel for an Earth Day edition of the pitch competition, ClearPitch. This article is a brief summary of the competition. Here’s a recording of the event: What is ClearPitch? ClearPitch was created by ecommerce investors Clearco as a different kind of pitch competition. It’s data-driven. Finalists are selected based on their online sales and marketing performance data. Then they pitch their business live to an expert panel of judges. https://www.a2xaccounting.com/blog/ecommerce-income-statements/ Thu, 12 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/ecommerce-income-statements/ Throughout this blog, you’ll notice mentions of our ecommerce bookkeeping checklist. It has everything you need to do all in one place. Download it for free and never forget a single step again. How profitable is your ecommerce business? If you’re not sure how to answer that question, you need to look at your income statement. Don’t have one? Then make one as soon as possible so you can confidently answer when the next person asks how your online venture is going! https://www.a2xaccounting.com/blog/balance-sheets-explained/ Tue, 03 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/balance-sheets-explained/ “We will reject interesting opportunities rather than over-leverage our balance sheet.” Warren Buffet. Balance sheets are one of the three key financial statements of a company. Without one, you could misunderstand your current financial situation and hurtle towards bankruptcy. All because your assets, liabilities, and equity are out of balance. The good news is that balance sheets are not too difficult to understand or prepare. We’re going to show you how to make one so you don’t have to turn down interesting business opportunities against Mr Buffett’s advice. https://www.a2xaccounting.com/blog/a2x-wins-xero-app-award/ Sun, 01 May 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-wins-xero-app-award/ We are delighted to announce that A2X has been awarded Xero’s 2022 Industry-Specific App of the Year for the UK and EMEA region! This is the second time A2X has been recognized by our world-leading accounting software partner Xero in recent years, last winning the same title in 2018 for the Americas. Winners are judged on a range of criteria. These include innovation in solving customer pain points and boosting user productivity. https://www.a2xaccounting.com/blog/why-accounting-automation-helps-scale-ecommerce-businesses/ Wed, 27 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/why-accounting-automation-helps-scale-ecommerce-businesses/ This is a guest post from our friends at QuietLight, a world-class ecommerce business broker. Chat to them about selling your ecommerce business. For many ecommerce entrepreneurs, accounting is the worst part of running their businesses. Done manually, it’s a complicated, time-intensive process. It’s also not something you can simply leave for an accountant at tax time. It requires constant input and planning. It’s about more than just managing your finances. https://www.a2xaccounting.com/blog/find-and-manage-amazon-suppliers/ Mon, 25 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/find-and-manage-amazon-suppliers/ You can’t run an efficient Amazon business without reliable suppliers—ideally, suppliers that you can work with for years. But where do you find them? And are there any best practices when it comes to Amazon supplier relationship management? In this guide to managing and finding Amazon FBA suppliers: Table of Contents What To Do Before And During Your Amazon Supplier Search How To Find Suppliers for Amazon Tips For Managing Amazon Supplier Relationships Learn More The best advice and insights for selling on Amazon this year There’s a lot to know when it comes to selling on Amazon. https://www.a2xaccounting.com/blog/what-are-cash-flow-forecasts-and-why-are-they-important/ Fri, 22 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/what-are-cash-flow-forecasts-and-why-are-they-important/ Save time, money, and stress with our free ecommerce bookkeeping checklist. A step-by-step process that you can follow daily, weekly, monthly, and yearly, to ensure you cover all the essentials for your business. Download here. Every business should have a cash flow forecast. Whether you’re an ecommerce seller, an investor, or the owner of a large company, a cash flow forecast enables you to extract important information about the financial health of your operations. https://www.a2xaccounting.com/blog/airwallex-for-borderless-business/ Fri, 22 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/airwallex-for-borderless-business/ Having a borderless business is a sign of growth and success. But it doesn’t come without fine-tuning logistical details along the way. There’s a myriad of areas to consider to ensure the successful expansion of your borderless business. And with fintech platforms on the rise, globalization is transforming the way businesses move and manage their money on an international scale. Going global is exciting, but only if your accounting is in line. https://www.a2xaccounting.com/blog/simplify-your-ecommerce-bookkeeping-checklist/ Wed, 20 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/simplify-your-ecommerce-bookkeeping-checklist/ “Most bookkeeping tasks are easy enough for anyone to do. The trick is knowing what the tasks are and when to do them.” - Brittany Brown, CEO of Ledger Gurus Imagine feeling completely confident in your ecommerce bookkeeping. Best practice processes. Scalability as you grow. And knowing that it’s being done right, even when you’re not actively involved. That’s what our brand new Essential Ecommerce Bookkeeping Checklist is for. We’ve teamed up with two of North America’s leading ecommerce bookkeeping firms, Ledger Gurus and AIS Solutions, to bring you this comprehensive resource. https://www.a2xaccounting.com/blog/finding-your-amazon-fba-niche/ Thu, 14 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/finding-your-amazon-fba-niche/ “Focusing on a niche market makes it easier for the right customers to say, ‘This is for me.’” Shopify. Niches are how you stand out. And on Amazon, that’s paramount. There are millions of other sellers bidding for attention. With a good niche, you avoid being a tiny fish in a mammoth pond. But what is a “niche” exactly? How do you spot one, and where do you start when it comes to Amazon product research? https://www.a2xaccounting.com/blog/why-is-a2x-best/ Fri, 01 Apr 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/why-is-a2x-best/ Once upon a time, ecommerce accounting was an online seller’s nightmare. Then along came A2X. Since its release, dozens of products have tried to mimic the way we simplify and streamline the ecommerce accounting process, yet A2X remains the gold standard worldwide. In this article, we reveal the features that keep A2X ahead of the ecommerce accounting curve and break down how, by prioritizing accuracy and clarity, this app continues to warrant the trust of thousands of sellers across the globe. https://www.a2xaccounting.com/blog/sales-tax-audits-report/ Fri, 25 Mar 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/sales-tax-audits-report/ The US sales tax landscape was turned upside down by the “ Wayfair decision” in 2018. Everything changed for ecommerce sellers. And these changes have resulted in costly audits across the country. In collaboration with our friends at TaxValet, we wanted to dig deeper into these audits and look for emerging patterns that could inform how sellers manage their sales tax. Over the last few months, we have been collecting responses to a survey of ecommerce business owners that have undergone the audit process. https://www.a2xaccounting.com/blog/bondi-sands/ Fri, 25 Mar 2022 00:00:00 +0000 https://www.a2xaccounting.com/blog/bondi-sands/ Source: Bondi Sands. Australian made, globally loved brand from Down Under, Bondi Sands, has seen something of a growth spurt this year. With teams in Australia, the UK, US, and one just beginning to sprout in New Zealand, they’ve needed to change tack to keep up the pace. We sat down with Financial Controller Mark Parsons, based in their Aussie office, to find out the challenges faced by Bondi Sands during this growth and how they’ve overcome them. https://www.a2xaccounting.com/blog/amazon-fee-calculators/ Wed, 02 Feb 2022 01:00:31 +0000 https://www.a2xaccounting.com/blog/amazon-fee-calculators/ To run a sustainable, profitable business on Amazon, you need to understand its fees. With such a huge variety of fees which are not always simple to interpret on statements, getting your head around them before you sell could make all the difference. That’s where fee calculators come in. Amazon fee calculators help you predict what costs you might come up against when selling your products and whether they will be profitable. https://www.a2xaccounting.com/blog/sales-funnels-for-shopify/ Tue, 18 Jan 2022 11:43:25 +0000 https://www.a2xaccounting.com/blog/sales-funnels-for-shopify/ “If you’re in business, you’re in marketing. And if you’re in marketing, you need a sales funnel.” Matt Ackerson, Autogrow. Don’t you just hate it when someone tries to hard-sell you, and you’ve never heard of them or their product before? Perhaps you get annoyed when you’re bombarded with ads from a business online, one you’ve never interacted with, telling you to buy a product you know nothing about? https://www.a2xaccounting.com/blog/is-ebay-promoted-listings-worth-it/ Fri, 14 Jan 2022 03:51:00 +0000 https://www.a2xaccounting.com/blog/is-ebay-promoted-listings-worth-it/ eBay’s promoted listings enable sellers to advertise inside the eBay platform. It’s a simple way to boost exposure for your items, and eBay shows these ads to more active buyers. In their words, by using their promoted listings, you’ll “market to who matters, when it matters.” Of course, there’s a price tag attached. As a seller, you’ll need to weigh up the benefitsof this additional exposure against the cost of advertising on eBay. https://www.a2xaccounting.com/blog/ebay-vs-amazon-fees/ Wed, 12 Jan 2022 11:07:57 +0000 https://www.a2xaccounting.com/blog/ebay-vs-amazon-fees/ Ecommerce sellers have a huge range of costs they need to keep up with - fees are just one of them. But on goliath platforms like Amazon and eBay, fees can themselves take on a variety of forms, and it’s not always clear exactly what you’ve paid and why. That is, if you aren’t well-versed in how they work, or using the best tech to track them (psst… like A2X! https://www.a2xaccounting.com/blog/etsy-vs-ebay/ Tue, 04 Jan 2022 11:25:19 +0000 https://www.a2xaccounting.com/blog/etsy-vs-ebay/ eBay is the second most popular shopping site in the world. But Etsy has seen up to a 7000% year-on-year increase for some of its categories. When choosing between Etsy and eBay, it might feel like you’re picking between giants. Well, you are. The key to choosing your platform is to consider your product, your customers, and the goals you have for your business. Etsy and eBay offer different opportunities - and the way you interact with them might determine just how much money you can make on each. https://www.a2xaccounting.com/blog/shopify-vs-woocommerce-picking-a-winner/ Mon, 03 Jan 2022 21:00:00 +0000 https://www.a2xaccounting.com/blog/shopify-vs-woocommerce-picking-a-winner/ Are you looking for the perfect ecommerce platform for your business? Perhaps you’re wondering what the differences are between Shopify and WooCommerce, and whether they’re the same digital wolves parading about in virtual sheep’s clothing? Well, they’re not. One is a lot more DIY than the other. One requires other subscriptions before you can use it. And they have completely different pricing models. But both are designed for selling online, giving you full control and plenty of resources to help. https://www.a2xaccounting.com/blog/how-to-find-the-right-shopify-apps/ Mon, 03 Jan 2022 15:57:17 +0000 https://www.a2xaccounting.com/blog/how-to-find-the-right-shopify-apps/ Applications are designed to level up your tech. They add to, elevate and expand on the tools you’re using, giving you the ability to customize how you run your business, and how customers engage with it. With apps for live chat, interactions, VR, AR, social media sharing, email marketing, accounting, and more, the potential is hugely exciting. But with over 3,000 apps on Shopify’s app store, how do you choose which of these areas to invest in? https://www.a2xaccounting.com/blog/amazon-advertising-guide/ Mon, 20 Dec 2021 15:06:32 +0000 https://www.a2xaccounting.com/blog/amazon-advertising-guide/ “Many a small thing has been made large by the right kind of advertising.” Mark Twain. Digital advertising is a necessity for any Amazon seller trying to grow their business. It’s how you position your products before your target audience, discover what they’re looking for, and convert them into customers. And to make things simple for its sellers, Amazon has created its own advertising platform. In this guide, we’ll teach everything you need to know about Amazon Advertising - the basics, your options within the platform, getting started, and more. https://www.a2xaccounting.com/blog/etsy-payments-guide/ Thu, 16 Dec 2021 14:07:02 +0000 https://www.a2xaccounting.com/blog/etsy-payments-guide/ There are Etsy shops getting almost 50% more sales because of one simple differentiator. According to an Etsy study, it’s due to offering buyers multiple payment options (compared to shops with just one payment method). It turns out that ecommerce customers have certain expectations when it comes to buying online, and a lack of payment options is up there in the top 6 reasons people abandon carts. Since 41% of shoppers have abandoned a transaction during checkout in the past year, it’s a good time to optimize your checkout experience to ensure you’re not losing sales. https://www.a2xaccounting.com/blog/how-to-sell-on-amazon-uk/ Mon, 13 Dec 2021 10:51:00 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-amazon-uk/ Almost 90% of UK shoppers use Amazon. The platform has almost 300,000 sellers already. In 2020, its revenue rose 51%, accounting for 5.5% of the country’s retail turnover. There’s huge demand and significant supply, but Amazon both in the UK and abroad shows no signs of slowing down or decreasing in size. Source: Statista. You might be wondering whether selling on Amazon UK is worth it. Well, it seems not only was Amazon dominating long before we’d ever heard of “COVID-19”, but that the pandemic may have added fuel to its momentous fire. https://www.a2xaccounting.com/blog/riches-in-the-niches-heres-why-accountants-should-specialize/ Mon, 13 Dec 2021 10:04:54 +0000 https://www.a2xaccounting.com/blog/riches-in-the-niches-heres-why-accountants-should-specialize/ Are you thinking about whether you should keep your accounting skills and spectrum broad, to attract as many clients as possible - or niche, to appeal to a more specialist crowd? Well, Catching Clouds founders Scott and Patti Scharf are big fans of the niche. Here’s why. The Early Days of Catching Clouds Catching Clouds was founded by husband and wife duo Patti and Scott Scharf. Scott, a self-proclaimed IT geek, and Patti, a CPA, power user, and database writer. https://www.a2xaccounting.com/blog/shopify-gift-card-report-feature/ Mon, 13 Dec 2021 09:40:36 +0000 https://www.a2xaccounting.com/blog/shopify-gift-card-report-feature/ Here at A2X, we’re always looking to make sellers’ lives as easy as possible when it comes to their accounting. Find out below how a new feature we have developed streamlines a tricky aspect of accounting for Shopify. As a Shopify seller, you might already know that the platform allows the issue of gift cards in two main ways: Gift cards are sold to customers to use in the future, processed via checkout like any other order, and, Gift cards are issued manually as credit, perhaps for returned goods or as a goodwill gesture to help resolve a problem. https://www.a2xaccounting.com/blog/amazon-prime-guide/ Tue, 07 Dec 2021 10:00:55 +0000 https://www.a2xaccounting.com/blog/amazon-prime-guide/ The top reason people shop on Amazon is for fast and free delivery ( 79.8%). The third top is that they’re an Amazon Prime member (65.7%). You might be wondering about competitive prices? That comes in fourth, at just 49.2%. So you could be missing out on over half of Amazon’s customers by not taking advantage of its Prime program. The member base of which, by the way, sits at a cool 200 million people worldwide. https://www.a2xaccounting.com/blog/how-to-keep-business-values-strong-as-you-grow/ Mon, 06 Dec 2021 09:46:21 +0000 https://www.a2xaccounting.com/blog/how-to-keep-business-values-strong-as-you-grow/ Many businesses start out with a mission and values. But as they grow and acquire more people, systems, and operational changes, how do they keep that identity strong and authentic? Browne Accounting has managed it and here, they talk us through how. Keeping Values at the Heart of Big Business Decisions Before Covid-19 made working from home not only necessary but more widely accepted, co-founders Cameron and Mallory Browne began their remote accounting firm, Browne Accounting, while living in Southeast Asia. https://www.a2xaccounting.com/blog/how-to-cancel-close-or-pause-your-shopify-store/ Tue, 30 Nov 2021 11:00:00 +0000 https://www.a2xaccounting.com/blog/how-to-cancel-close-or-pause-your-shopify-store/ In business, things don’t always go according to plan. Sales can plummet unexpectedly, life circumstances change, maybe you’re interested in trying a different ecommerce platform or need to take a short break for a family vacation. Whatever your reason for wanting to close or cancel your Shopify store, this step-by-step guide will walk you through the process. If you only want to temporarily shut your doors to the public, this guide will also outline how to pause your store until you’re ready to open again. https://www.a2xaccounting.com/blog/how-financly-get-the-biggest-app-bang-for-their-bucks/ Tue, 30 Nov 2021 09:20:31 +0000 https://www.a2xaccounting.com/blog/how-financly-get-the-biggest-app-bang-for-their-bucks/ Are you keen to know how the experts choose which accounting apps they use? Perhaps you have a few integrated already, and want to manage them better? Check out how Financly’s team get the most out of their apps. How To Achieve The Perfect App Stack Over the last seven years, sisters Connie and Teresa have built their very own virtual bookkeeping firm, Financly. With over 35 years of experience in the world of bookkeeping and accounting, they knew they wanted to begin their own journey. https://www.a2xaccounting.com/blog/amazon-shipping-guide/ Sat, 20 Nov 2021 11:45:38 +0000 https://www.a2xaccounting.com/blog/amazon-shipping-guide/ “Amazon has transformed the small miracle of each delivery into an expectation of modern life.” New York Times More than 50% of US shoppers turn to Amazon first when searching for new products. 80% of those are influenced by the lowest shipping prices, and 72% are looking for the fastest option. You could also lose more than half of those due to shipping-related costs at checkout. Amazon rewrote the rules on delivery and as a result, its shoppers have certain expectations. https://www.a2xaccounting.com/blog/shopify-fees-guide/ Sat, 20 Nov 2021 10:41:55 +0000 https://www.a2xaccounting.com/blog/shopify-fees-guide/ As a Shopify seller, how much are you paying in fees? Do you know? Did a number just pop into your head? Or are you thinking… “It’s complicated…” You’d be right about that. But if you don’t know the details about the fees you’re paying, you’re at risk of paying too much. And paying too much affects your bottom line. We’re here to break it all down for you so you can better understand where your money is going, and whether there might be a cheaper option. https://www.a2xaccounting.com/blog/what-the-2021-one-stop-shop-means-for-online-sellers/ Fri, 12 Nov 2021 15:11:25 +0000 https://www.a2xaccounting.com/blog/what-the-2021-one-stop-shop-means-for-online-sellers/ This is a guest post by our friends at HelloTax, specialists in VAT compliance and ecommerce tax automation. The introduction of the One-Stop Shop (OSS) initiative in July 2021 brought about a number of changes affecting online sellers and their taxes in Europe. And not just sellers, either. Any active business owners or stakeholders on any of the online marketplaces are likely to be impacted by the changes. New rates, recipients, and criteria for eligibility have been defined, so anyone with business interests in or around Europe needs to get up to date. https://www.a2xaccounting.com/blog/shopify-facebook-marketing-guide/ Fri, 12 Nov 2021 14:38:53 +0000 https://www.a2xaccounting.com/blog/shopify-facebook-marketing-guide/ Consider this for a moment. Facebook currently has 2.89 billion active users. Out of those, 1.84 million people are daily visitors. And users spend an average of 38 minutes per day on Facebook - and, they like it. The potential for a smart Shopify Facebook marketing strategy is huge. So don’t go anywhere. In this guide to Shopify marketing on Facebook: Table of Contents Who Uses Facebook These Days? A Note About Marketing On Social Media The Options For Shopify And Facebook How To Connect Facebook And Shopify (Step-By-Step) How Facebook’s Algorithm Works Tips to Enhance Your Shopify Performance On Facebook Don’t Forget Your Accounts When Setting Up Shop… Also on the Blog Learn how to manage your Shopify accounting the right way If you want to scale up your Shopify business, you need reliable accounting. https://www.a2xaccounting.com/blog/the-definitive-shopify-marketing-resource/ Mon, 08 Nov 2021 09:22:43 +0000 https://www.a2xaccounting.com/blog/the-definitive-shopify-marketing-resource/ “Marketing is about values. It’s a complicated and noisy world, and we’re not going to get a chance to get people to remember much about us. No company is. So we have to be really clear about what we want them to know about us.” Steve Jobs, ex-CEO and co-founder of Apple. As a Shopify store owner, you’ll no doubt know that marketing is important for your business. Not marketing your store would be like opening it and not telling anyone! https://www.a2xaccounting.com/blog/leadership-team-announncement/ Thu, 04 Nov 2021 08:01:06 +0000 https://www.a2xaccounting.com/blog/leadership-team-announncement/ Welcoming Hubdoc and Google alumni to the A2X leadership team and celebrating over half a billion orders processed by A2X customers globally I’m not the biggest fan of leadership announcements. Too much focus on the person or the company rather than the customers and partners they serve. But if someone joins a party, community or any group, it’s only polite to say hello. To that end, I’m Jamie McDonald 👋, and I’m joining the A2X team as CEO, along with my long-time business partner Jamie Shulman as Head of Accounting, and Dave Resnick as Chief Commercial Officer. https://www.a2xaccounting.com/blog/how-to-sell-on-amazon-canada/ Wed, 03 Nov 2021 15:26:02 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-amazon-canada/ Amazon.ca gets 15.9 million unique monthly visitors from Canada alone. In 2019, 30,000 Canada-based third-party sellers grossed more than $1 billion on Amazon.ca, reflecting a 40% year-over-year growth. In short, the time is now to start selling on Amazon.ca. This guide will tell you everything you need to know to become a successful seller on this enormous platform. We’ll cover how to sell on Amazon Canada, break down the latest trends and data around Canadian online buyers, and even dive into the nitty-gritty details around fees, accounting, and more. https://www.a2xaccounting.com/blog/going-beyond-5-stars-a-quest-for-the-ultimate-customer-experience/ Tue, 26 Oct 2021 08:00:23 +0000 https://www.a2xaccounting.com/blog/going-beyond-5-stars-a-quest-for-the-ultimate-customer-experience/ Source: Two Dudes. How do you surprise and delight your customers? What is that elusive 5-star experience, and can it be topped? This is the story of two friends who started a business to challenge not just conceptions and social stigma, but what it means to give a truly memorable customer experience. One that turns buyers into ambassadors, and keeps them coming back for more. Meet: Michael and Tomas from Two Dudes. https://www.a2xaccounting.com/blog/expanding-internationally-with-tracey-newman/ Fri, 22 Oct 2021 10:40:27 +0000 https://www.a2xaccounting.com/blog/expanding-internationally-with-tracey-newman/ This article is a summary of a video interview conducted for the Ecommerce Back Office Facebook group. This group is a community of ecommerce business owners, sellers, accountants, and anyone else involved or interested in selling online. It is always open to new members, and there you’ll find interviews like this one, discussions, polls, and new connections across the world. Check it out here. In this piece, Bean Ninjas Director and ecommerce accounting specialist, Tracey Newman will be sharing a range of wisdom and insights when it comes to international expansion for ecommerce businesses. https://www.a2xaccounting.com/blog/inventory-forecasting-with-dominic-sutton/ Wed, 13 Oct 2021 10:24:35 +0000 https://www.a2xaccounting.com/blog/inventory-forecasting-with-dominic-sutton/ This article is a summary of a video interview conducted for the Ecommerce Back Office Facebook group. This group is a community of ecommerce business owners, sellers, accountants, and anyone else involved or interested in selling online. It is always open to new members, and there you’ll find interviews like this one, discussions, polls, and new connections across the world. Check it out here. In this article, StockTrim co-founder Dominic Sutton reveals the most valuable lessons he’s learned about inventory forecasting during his career, why it’s essential to get it right, and how ecommerce businesses can make the most of accurate forecasting systems. https://www.a2xaccounting.com/blog/ecommerce-marketing-with-denym-bird/ Fri, 08 Oct 2021 10:16:21 +0000 https://www.a2xaccounting.com/blog/ecommerce-marketing-with-denym-bird/ This article is a summary of a video interview conducted for the Ecommerce Back Office Facebook group. This group is a community of ecommerce business owners, sellers, accountants, and anyone else involved or interested in selling online. It is always open to new members, and there you’ll find interviews like this one, discussions, polls, and new connections across the world. Check it out here. In this blog, our Marketing Manager here at A2X, Denym Bird, spills the beans on what he’s learned about marketing online over the years. https://www.a2xaccounting.com/blog/shopify-advertising-guide/ Wed, 06 Oct 2021 11:04:42 +0000 https://www.a2xaccounting.com/blog/shopify-advertising-guide/ “Research shows that most businesses fail in the first five years… Many of those businesses are generating tons of revenue and sales, but without the math on customer acquisition, the costs eventually bring them to their knees.” Neil Patel, digital marketing expert. Advertising for Shopify sellers is crucial. You don’t have a physical shopfront or existing traffic to rely on. But spending money on ads could sink your business before it has a chance to find its feet - and that seems pretty counterproductive. https://www.a2xaccounting.com/blog/shopify-google-analytics-guide/ Tue, 28 Sep 2021 14:16:07 +0000 https://www.a2xaccounting.com/blog/shopify-google-analytics-guide/ Ecommerce sellers don’t have the advantage of meeting their customers. They can’t count footfall or measure reactions. They can’t see what a customer browses and what they walk past. Analytics are a lens on your Shopify store. You can learn about behavior, interaction, visitor numbers, and so much more - if you only know where to look. And crucially, what to do once you have. Google Analytics is one of the best tools out there to help you. https://www.a2xaccounting.com/blog/shopify-instagram-guide/ Thu, 23 Sep 2021 14:54:20 +0000 https://www.a2xaccounting.com/blog/shopify-instagram-guide/ There are a billion people on Instagram. That’s about one eighth of the world’s population. If you’re interested in tapping into Instagram’s huge potential with its Shopify app integration, you’ve landed in the right place. We’re here to help you set up your feed, build your strategy, and leverage this powerhouse app. This guide will talk you through why you should connect Shopify and Instagram, how to actually do it, how to use Instagram in today’s world and how to maximize it as a sales channel. https://www.a2xaccounting.com/blog/shopify-shipping-tips/ Thu, 26 Aug 2021 15:53:48 +0000 https://www.a2xaccounting.com/blog/shopify-shipping-tips/ ​​ “Around the world, businesses are prioritizing fulfillment to fight rising costs and meet consumer expectations.” Shopify Future of Ecommerce Report, 2021 Shopify shipping is essential to get right, now more than ever. Nailing your shipping strategies will directly affect how many products you sell, how many customers keep coming back, and how much money your business makes annually. There are no two ways around it. In our Shopify Fulfilment Guide, we break down everything you need to be doing to set up for success. https://www.a2xaccounting.com/blog/the-best-amazon-seller-tools/ Fri, 20 Aug 2021 11:31:00 +0000 https://www.a2xaccounting.com/blog/the-best-amazon-seller-tools/ Selling on Amazon takes time, money, and effort. Like any business, you get out what you put in. But if you want to grow your Amazon store and increase its annual turnover, you need to find ways to simplify and streamline your sales process. So, what’s the solution? Amazon automation tools are here to help. So whether you’re looking for the next app to add to your business stack, or the ultimate Amazon FBA toolkit, you’re in the right place. https://www.a2xaccounting.com/blog/your-shopify-facebook-pixel/ Wed, 18 Aug 2021 09:19:43 +0000 https://www.a2xaccounting.com/blog/your-shopify-facebook-pixel/ Facebook advertising can be confusing, especially if you’ve never done it before. Many features and a huge audience make for an effective marketing platform, but also a complicated one. However, there is one feature that makes tracking and understanding the data from your ad campaigns super simple: Facebook pixel. Here, we’ll explore the Shopify Facebook pixel integration – its benefits, how it works, how to set it up, and a few expert tips to help you make the most of your Facebook ad campaigns. https://www.a2xaccounting.com/blog/etsy-fees-uk/ Mon, 16 Aug 2021 08:21:02 +0000 https://www.a2xaccounting.com/blog/etsy-fees-uk/ If you’re an Etsy seller in the UK and want to better understand its fees, then you’re in the right place. You won’t just be charged for listing items on Etsy. Depending on which services you use from the platform, you could be paying numerous fees to run your business. There are ways to manage and reduce them, but you need to know exactly what to expect and how to track them to do this. https://www.a2xaccounting.com/blog/amazon-feedback-automation/ Fri, 13 Aug 2021 15:19:26 +0000 https://www.a2xaccounting.com/blog/amazon-feedback-automation/ ​​Amazon is competitive. It gains a new seller every minute, and with that kind of competition, you need to provide excellent service every time - and shout about it. Positive reviews are a huge driving force for great performance on Amazon. Your Amazon feedback rating impacts how visible you are in search results, and whether people will try you out. But it’s far from simple to build and maintain great feedback on Amazon. https://www.a2xaccounting.com/blog/the-ultimate-guide-to-shopify-inventory-management/ Wed, 11 Aug 2021 10:56:39 +0000 https://www.a2xaccounting.com/blog/the-ultimate-guide-to-shopify-inventory-management/ Bad inventory management costs retailers trillions of dollars a year. Inventory listed but not available, available but not listed and preventable returns are all the sources of staggering losses for retailers both on and offline. And with such intense competition, can you afford to lose the customers that find you? In this guide to Shopify inventory management, we’ll be talking about how you can manage your stock efficiently and what you can learn to improve your systems along the way: https://www.a2xaccounting.com/blog/etsy-vs-amazon-handmade/ Sun, 08 Aug 2021 15:49:38 +0000 https://www.a2xaccounting.com/blog/etsy-vs-amazon-handmade/ Listen up, talented artisans. If you’re eager to share your creations with the world but unsure whether Etsy or Amazon is the right space for you, don’t go away. Etsy is an established marketplace of similar sellers that saw a growth of 160% in its habitual buyers last year (2020). The ecommerce giant that is Amazon has a dedicated section for handmade products, giving sellers like you access to its unparalleled visitor numbers. https://www.a2xaccounting.com/blog/shopify-fulfillment-guide/ Tue, 03 Aug 2021 09:48:49 +0000 https://www.a2xaccounting.com/blog/shopify-fulfillment-guide/ “Immediacy, convenience, and speed are top consumer demands. This is the new normal.” Shopify’s Future of Ecommerce Report, 2021. More than 70% of consumers indicate convenience and free shipping are their top reasons to shop online. With such a large majority of your customers depending on you for these things, your Shopify fulfillment method has to be top-notch. If it’s not, you could be losing out on a huge chunk of your audience. https://www.a2xaccounting.com/blog/vat-obligations-for-amazon-merchants/ Sat, 31 Jul 2021 18:33:01 +0000 https://www.a2xaccounting.com/blog/vat-obligations-for-amazon-merchants/ The VAT rules changed for ecommerce sellers in June/July 2021. If you’re an Amazon seller based in or selling into Europe, here’s what you need to know about VAT. In this brief guide to your Amazon VAT obligations: Table of Contents What is VAT? How Much is VAT and Who do I Pay? The 2021 Ecommerce VAT Package The Best Warehousing and Fulfilment Services Keep Track of Your Taxes with A2X Also on the blog Learn how to manage your Amazon accounting the right way Amazon accounting can be complex. https://www.a2xaccounting.com/blog/shopify-vat/ Sat, 31 Jul 2021 09:22:59 +0000 https://www.a2xaccounting.com/blog/shopify-vat/ Updates: Changes were made to VAT for Shopify sellers in the UK and EU from July 2021 and again in April 2022. Any seller with business in the EU is likely to be required to collect VAT, with some exceptions. They can now do this for multiple countries all in one place. For the UK, though thresholds haven’t changed, import requirements have, and as a non-EU member state, sellers will need a separate VAT number to remit tax there. https://www.a2xaccounting.com/blog/how-to-create-an-amazon-affiliate-store/ Fri, 30 Jul 2021 09:35:57 +0000 https://www.a2xaccounting.com/blog/how-to-create-an-amazon-affiliate-store/ If you’re interested in earning commission through Amazon affiliate links, then this guide is for you. 81% of brands now rely on affiliate marketing to promote their business. And 40% of US merchants report that affiliate programs are their top customer acquisition channel. So where better to begin (or continue) your affiliate marketing journey than with the ecommerce monolith that is Amazon.com. But you have to be approved to do it, and there is more than one way to get paid to send people to Amazon. https://www.a2xaccounting.com/blog/a2x-multi-channel-plans/ Mon, 26 Jul 2021 13:09:14 +0000 https://www.a2xaccounting.com/blog/a2x-multi-channel-plans/ Are you an ecommerce seller (or accountant) running more than one sales channel and A2X account? Or perhaps you’re considering expanding and will need to do this soon? A2X offers multi-channel plans so that you can integrate and manage your accounts seamlessly across your business. This guide will take you through your plan options and how to set this up. Table of Contents A2X Multi-Channel Plans How to Connect Your A2X Accounts with a Multi Plan Accounting for Multiple Channels A2X Multi-Channel Plans The plan levels are based on your combined sales volume per month. https://www.a2xaccounting.com/blog/amazon-fba-vs-shopify/ Mon, 26 Jul 2021 09:24:26 +0000 https://www.a2xaccounting.com/blog/amazon-fba-vs-shopify/ Amazon and Shopify. One is the most popular ecommerce retailer in the world, worth over $1 trillion. The other powers some of the biggest commercial names on the internet, including Tesla, KKW Beauty, Victoria Beckham, RedBull, Kylie Cosmetics, AllBirds, and more. But there are perhaps more differences between Amazon and Shopify than there are similarities. Amazon is a marketplace facilitator. Shopify is an ecommerce platform. The strategies that sellers need to adopt to be successful on these sites vary greatly, and the trade-offs might just sway you towards one over the other. https://www.a2xaccounting.com/blog/creating-a-shopify-pinterest-marketing-strategy/ Fri, 23 Jul 2021 16:32:51 +0000 https://www.a2xaccounting.com/blog/creating-a-shopify-pinterest-marketing-strategy/ Pinterest is the digitized version of the corkboard above your desk. It’s that vision board that holds all the ideas and inspiration you want to save for later. Today, that often involves wishlist products, and as such, Pinterest has become a marketing tool for ecommerce sellers. Forget judging a book by its cover. In 2021, people are judging books by their pins. So let us share with you a template for getting your Shopify store on Pinterest, and everything you need to know about rich pins, buyable pins for Shopify, how to use Pinterest for business in 2021, and how you can sell on Shopify and Pinterest without a website. https://www.a2xaccounting.com/blog/etsy-tips-to-grow-and-improve-your-business/ Tue, 20 Jul 2021 14:31:07 +0000 https://www.a2xaccounting.com/blog/etsy-tips-to-grow-and-improve-your-business/ So you’ve got an Etsy store, and it’s doing ok - maybe even well, but you’re keen to grow? Great, you’re in the right place. There are plenty of ways to make your store bigger and better, and not all of them cost you money. That’s what this blog is about: our top Etsy tips, both free and paid, for improving your business and taking it to the next level. https://www.a2xaccounting.com/blog/amazon-handmade-fees/ Sun, 18 Jul 2021 11:00:56 +0000 https://www.a2xaccounting.com/blog/amazon-handmade-fees/ Amazon gets around 200 million unique visitors every month. Amazon Handmade gives crafty sellers and makers the chance to get their original products in front of this same audience, and it comes at a slightly different price. This article will explain all you need to know about Amazon Handmade fees, other requirements for selling on Amazon Handmade, and how to simplify the fee process. In this blog about Amazon Handmade fees: https://www.a2xaccounting.com/blog/ebay-fee-calculators-one-stop-resource/ Thu, 15 Jul 2021 08:55:09 +0000 https://www.a2xaccounting.com/blog/ebay-fee-calculators-one-stop-resource/ Calculating your eBay fees ahead of time makes good business sense. After all, as a cost to your business, you want to make sure you aren’t spending a cent more than you have to. In this blog, we’ll take you through the eBay fee structure and where to find more information, along with the best eBay fee calculators on the internet so that you can plan with confidence. In this article on eBay fee calculators: https://www.a2xaccounting.com/blog/what-are-the-best-things-to-sell-on-etsy-to-make-money/ Tue, 13 Jul 2021 13:57:16 +0000 https://www.a2xaccounting.com/blog/what-are-the-best-things-to-sell-on-etsy-to-make-money/ Unlike other marketplace facilitators, Etsy has a niche. And the success of the top-selling products on Etsy may have just as much to do with the sellers and how they operate as what the items are themselves. Best-selling items change all the time. So instead of giving you a fish, we are going to teach you to fish. This guide will explore who sells on Etsy, who buys on Etsy and why this should dictate your strategy. https://www.a2xaccounting.com/blog/etsy-advertising-guide/ Sat, 10 Jul 2021 13:37:42 +0000 https://www.a2xaccounting.com/blog/etsy-advertising-guide/ Spending money advertising your Etsy store might feel a bit daunting. How much should you spend? Is it worth it? Will you see any return, and how quickly? In this guide, we’ll explore exactly what your Etsy advertising options are, both on and off the site. We’ll also cover the free things you can do to boost sales, and ensure that you’ve maximized every opportunity to succeed on Etsy - paid and unpaid. https://www.a2xaccounting.com/blog/the-hidden-costs-of-running-an-ecommerce-business/ Tue, 06 Jul 2021 09:17:42 +0000 https://www.a2xaccounting.com/blog/the-hidden-costs-of-running-an-ecommerce-business/ This is a guest post from our friends at MerchantSpring, a tool for managing your ecommerce business. Whether you run a small start-up or a major enterprise, there’s no question that your online presence is a crucial investment for your business. The trick is knowing where to spend your money for the best results with the greatest return. In this blog, we’ll be looking at the expected and unexpected costs that come with ecommerce. https://www.a2xaccounting.com/blog/etsy-seo/ Mon, 05 Jul 2021 12:03:24 +0000 https://www.a2xaccounting.com/blog/etsy-seo/ Etsy SEO is worth your time. Still one of the top digital marketing strategies for the greatest return, SEO for Etsy can be broken down into a few key areas for relatively straightforward application. The only challenging thing about SEO is that it’s a journey, not a destination. You’re never really done with SEO, whether on Etsy or elsewhere. Etsy’s SEO ranking factors are no secret. The platform breaks down exactly what it’s looking for and here, we’ll explore how you can maximize your organic traffic potential, factor by factor. https://www.a2xaccounting.com/blog/shopify-vs-etsy/ Fri, 02 Jul 2021 17:16:51 +0000 https://www.a2xaccounting.com/blog/shopify-vs-etsy/ What do a pair of snowboarding, outdoor enthusiasts, and an urban apartment-dwelling creative have in common? All were entrepreneurial founders of two of the most popular and successful ecommerce businesses in the world to date: Shopify and Etsy. They built the tools to enable imaginative sellers like you to bring your products to the world. But which is right for your business? If you sell craft, handmade or vintage items (which meets Etsy’s criteria), and you’re unsure whether to kick off with Etsy marketplace or go solo with Shopify, this guide is for you. https://www.a2xaccounting.com/blog/amazon-seo-guide/ Thu, 24 Jun 2021 14:10:35 +0000 https://www.a2xaccounting.com/blog/amazon-seo-guide/ Every year, around a million new sellers join Amazon. With around 4,000 items selling on the platform every minute, there’s no shortage of buyers for that hefty seller base. But a competitive edge is everything, and it makes good financial sense to start with the freebies. Search Engine Optimization is free. You might already associate SEO with blogs or websites, but it’s just as important for ecommerce platforms. Optimizing your listings for search engines is an effective way to get people from Google to your Amazon store. https://www.a2xaccounting.com/blog/are-your-ebay-fees-too-high/ Tue, 22 Jun 2021 10:01:10 +0000 https://www.a2xaccounting.com/blog/are-your-ebay-fees-too-high/ Your eBay fees are unavoidable, but it’s within your control to manage and plan for them. If you feel like your eBay fees are too high, there are a few indicators you can look for to find out whether this really is the case, or something else is going on. That’s what we’ll explore in this guide: how to tell whether your fees are too high, what to do about them, and what else might be wrong. https://www.a2xaccounting.com/blog/ebay-listing-fees-guide/ Fri, 18 Jun 2021 07:40:10 +0000 https://www.a2xaccounting.com/blog/ebay-listing-fees-guide/ If you’re looking to turn a nice profit in the ever-expanding realm of ecommerce, or to expand your business, eBay could be a great option for you. You can be up and running in minutes and don’t need to be a registered business yet - perfect for a seller dipping their toes into ecommerce. But access to almost 200 million active buyers doesn’t come free. And listing fees are just the beginning. https://www.a2xaccounting.com/blog/ebay-final-value-fees/ Wed, 16 Jun 2021 10:24:22 +0000 https://www.a2xaccounting.com/blog/ebay-final-value-fees/ Today, there are around 187 million active buyers on eBay. Getting access to that kind of traffic comes at a price, and that price is eBay seller fees. But seller fees on eBay, like with many of the ecommerce platforms, aren’t always straightforward. Sure you’ve got your standard listing fee, but there are circumstantial fees that come into play only in certain scenarios, and those are what sellers need to get their heads around. https://www.a2xaccounting.com/blog/sage-ebay-integration-guide/ Mon, 14 Jun 2021 15:43:29 +0000 https://www.a2xaccounting.com/blog/sage-ebay-integration-guide/ Integrating eBay with Sage cloud accounting software is a great way to save time on bookkeeping and get accurate business numbers. If you’re an eBay seller and you’re doing your own bookkeeping, or if you’re an accountant or bookkeeper who works with eBay sellers, then you’ll understand some of the complexities that come along with eBay bookkeeping. Getting eBay payouts to reconcile with bank deposits, understanding eBay fees and transactions, managing payouts that span across two months… The list of challenges goes on. https://www.a2xaccounting.com/blog/why-multi-channel-ecommerce-sellers-need-a2x/ Sun, 13 Jun 2021 11:41:42 +0000 https://www.a2xaccounting.com/blog/why-multi-channel-ecommerce-sellers-need-a2x/ Selling on multiple sales channels should mean more sales, not more admin. Here’s what A2X, the leading ecommerce accounting software, can do for your business. What’s Challenging About Ecommerce Accounting? Ecommerce is not like brick-and-mortar, where the majority of transactions occur directly through the bank. With ecommerce, transactions are occurring through the sales channel and businesses receive lump deposits net of fees. When you start selling on multiple sales channels, these difficulties compound. https://www.a2xaccounting.com/blog/why-speed-is-essential-in-your-business-financial-reporting/ Fri, 11 Jun 2021 08:02:18 +0000 https://www.a2xaccounting.com/blog/why-speed-is-essential-in-your-business-financial-reporting/ This is a guest post from our friends at Bookkeeper360, experts in tech-driven accounting solutions for business owners that want more time back to focus on their business. When you boil down financial reporting, you find two vital elements for your business—accuracy and speed. If you’re an owner or financial professional at an ecommerce organization, financial accuracy is a well-understood aspect of your business. That said, speed is just as important. https://www.a2xaccounting.com/blog/a-tour-of-amazon-seller-central/ Wed, 09 Jun 2021 11:49:42 +0000 https://www.a2xaccounting.com/blog/a-tour-of-amazon-seller-central/ For Amazon sellers, Seller Central is mission control. Everything you need to run your business is there in one centralized location, but some aspects have greater tools and resources available to help you than others. That’s what we’re going to explore here. In this blog, we’ll take you through the elements of your Amazon Seller Central account and how you can use them to your advantage. Plus, we’ll mention what you get with different subscription plans and where to go for more information. https://www.a2xaccounting.com/blog/how-to-collect-vat-through-amazon-uk-seller-central/ Tue, 08 Jun 2021 01:56:26 +0000 https://www.a2xaccounting.com/blog/how-to-collect-vat-through-amazon-uk-seller-central/ This guide was correct at the time it was written. Please refer to the official tax authority webpages for the most up-to-date information, and your accountant for tailored advice. A top priority for any established Amazon seller is charging and collecting sales tax. Why? Because if you’re unable to meet your sales tax obligations, the responsibility and repercussions rest solely on your shoulders – not with Amazon. Therefore, it’s imperative to know something about the sales tax applicable to your Amazon business – right from the start. https://www.a2xaccounting.com/blog/how-to-create-a-shopify-shipping-policy/ Mon, 07 Jun 2021 16:42:34 +0000 https://www.a2xaccounting.com/blog/how-to-create-a-shopify-shipping-policy/ Get your Shopify data into QuickBooks Online or Xero with A2X. Start a free trial today! Shopify Shipping Policy FAQ Here you can find some answers to the top questions on Shopify shipping policies. If you require further information, visit the Shopify Help Center. Do you need a shipping policy? No, you are not legally required to outline your shipping policies on your Shopify store. However, a shipping policy builds trust between your store and your customers, which may increase your store’s conversion rate and can reduce the time you spend responding to common queries. https://www.a2xaccounting.com/blog/how-a2x-handles-vat-in-all-european-amazon-marketplaces/ Mon, 07 Jun 2021 01:52:16 +0000 https://www.a2xaccounting.com/blog/how-a2x-handles-vat-in-all-european-amazon-marketplaces/ Anyone who runs an online store will know that the beauty of ecommerce is its capabilities are limitless. It’s a fantastic way for retail stores of any type and size to reach a new community of customers – enabling you to expand your sales worldwide without the extensive costs of setting up a brick-and-mortar store. Ecommerce has leveled the playing field, making it possible for small businesses to compete with corporate giants on an international stage. https://www.a2xaccounting.com/blog/everything-you-need-to-know-about-amazon-fba/ Tue, 01 Jun 2021 12:57:53 +0000 https://www.a2xaccounting.com/blog/everything-you-need-to-know-about-amazon-fba/ Today’s consumers are all about instant gratification, and that certainly translates to online shopping orders. In fact, 80% of shoppers want a same-day delivery option, 56% of 18-34 year olds expect it, and around 61% are prepared to pay more for it. Enter: Amazon FBA. With a reputation for innovation and hitting the nail on the head when it comes to solving customer pain points in a timely (and perhaps even anticipatory) manner, Amazon delivers yet again. https://www.a2xaccounting.com/blog/how-does-accounting-compare-across-ecommerce-platforms-today-an-a2x-x-insightful-accountant-webinar/ Mon, 31 May 2021 16:26:14 +0000 https://www.a2xaccounting.com/blog/how-does-accounting-compare-across-ecommerce-platforms-today-an-a2x-x-insightful-accountant-webinar/ On 26th May 2021, we took part in a webinar with Insightful Accountant to discuss how ecommerce sellers need different kinds of accounting support based on their selling platform. We explored what’s changed and still changing, the key accounting challenges for each type of seller, and trends emerging within the industry. Armed with these insights, ecommerce accountants can anticipate the changing needs of their clients this year and better serve them in their journeys. https://www.a2xaccounting.com/blog/etsy-shop-names/ Mon, 24 May 2021 08:03:02 +0000 https://www.a2xaccounting.com/blog/etsy-shop-names/ As an Etsy seller, creativity comes naturally to you. But if coming up with a good Etsy shop name has thrown you off your game, you wouldn’t be the first. Equally problematic is if you’ve already come up with your preferred store name, but tragedy strikes, and your name has been used by another Etsy shop. Not knowing where to begin is expected, but we’ve got you covered. Instead of heading back to the drawing board without a lick of inspiration, use this guide to ignite your creativity. https://www.a2xaccounting.com/blog/sage-amazon-integration/ Tue, 18 May 2021 15:13:55 +0000 https://www.a2xaccounting.com/blog/sage-amazon-integration/ Integrating Amazon Seller Central with Sage is a great idea, especially if you want to spend less time on bookkeeping, and get more accurate numbers. Any Amazon seller (or accountant/bookkeeper who works with Amazon sellers) will be all too familiar with the process of trying to reconcile an Amazon payout. You can see the lump sum settlement in your bank feed in Sage, but trying to reconcile it with the Amazon sales, fees, taxes, and other transactions can be a huge headache. https://www.a2xaccounting.com/blog/migrating-to-a2x-for-shopify-from-bold/ Thu, 13 May 2021 08:39:41 +0000 https://www.a2xaccounting.com/blog/migrating-to-a2x-for-shopify-from-bold/ As connector apps, A2X and Bold are important parts of optimized ecommerce accounting automation. These apps ensure that your Shopify data is calculated accurately and organized. But the way they each do this and the resulting outcomes are quite different. One of them has a few additional features to offer - features that can transform the way you do business. And you might be surprised to hear that switching is not only easy, but books can be backdated, so it’s almost like the migration never took place at all. https://www.a2xaccounting.com/blog/how-to-set-up-an-etsy-seller-account/ Mon, 03 May 2021 13:55:51 +0000 https://www.a2xaccounting.com/blog/how-to-set-up-an-etsy-seller-account/ So you’re thinking about joining the Etsy family? Exciting! Etsy is the platform for creatives, where imagination comes to life and buyers love personal touches. It’s all about the hand-made, human feel, but it does need to start with some techy steps first. Setting up your Etsy seller account is very easy, and this article will show you exactly how (as well as the crucial next step). In this article on how to set up an Etsy seller account: https://www.a2xaccounting.com/blog/etsy-business-plan-template/ Thu, 29 Apr 2021 14:19:57 +0000 https://www.a2xaccounting.com/blog/etsy-business-plan-template/ Are you considering turning your hobby into a business using the Etsy marketplace? Well, you’ll be joining a platform that gets around 81.9 million buyers these days looking for handmade goods just like yours. Before you dive in though, we invite you to lower the tools for a moment and funnel that creative flow into a top-notch Etsy business plan. It’s crucial to understand exactly what your business does, its identity and how it’s going to function so that when it comes to making costly decisions, you have a road map to guide you. https://www.a2xaccounting.com/blog/amazon-automation-guide/ Mon, 26 Apr 2021 14:10:10 +0000 https://www.a2xaccounting.com/blog/amazon-automation-guide/ Automation is the process of letting the technology we’ve created do the leg work for us. Machines can do so much that we don’t need to do ourselves, and often better than us. By automating those tasks, we get to preserve our time for the things human beings can add value to with experience, intuition, and nuance—the strategy part of the business. But like most things today, the options of technology out there can be a little overwhelming. https://www.a2xaccounting.com/blog/etsy-integration-guide/ Sat, 24 Apr 2021 15:39:28 +0000 https://www.a2xaccounting.com/blog/etsy-integration-guide/ Having apps that automate parts of your to-do list is great, but if they don’t talk to each other, you still need to mediate. With the plethora of app options out there today, developers have already solved this problem for us and continually update and upgrade the way our tech solutions communicate. We have become masters of automation, and Etsy sellers are just as much invited to the party as any other seller. https://www.a2xaccounting.com/blog/amazon-referral-fees-and-list/ Thu, 22 Apr 2021 13:53:39 +0000 https://www.a2xaccounting.com/blog/amazon-referral-fees-and-list/ Confused by Amazon fees? We don’t blame you. Amazon has rather a few to get your head around - subscription and listing fees are only the beginning. But it’s crucial for your bottom line that you understand which apply to you and why. In this article, we’ll be exploring referral fees, specifically: What they are, how much they are and how to stay on top of them. In this guide on Amazon’s referral fees: https://www.a2xaccounting.com/blog/everything-you-need-to-know-about-shopify-payments/ Tue, 20 Apr 2021 12:46:54 +0000 https://www.a2xaccounting.com/blog/everything-you-need-to-know-about-shopify-payments/ Based on a collection of studies, around 70% of customers will leave a site even after adding an item to their shopping cart. There are numerous reasons for this, but a common one is a complicated or drawn-out checkout process. Integrated payment solutions are one answer that ecommerce platforms have come up with. Shoppers save their details once so that purchase journeys simply consist of a Buy It Now button. https://www.a2xaccounting.com/blog/ebay-selling-guide-strategies-for-success/ Sat, 17 Apr 2021 15:33:16 +0000 https://www.a2xaccounting.com/blog/ebay-selling-guide-strategies-for-success/ So you’re ready to sell on eBay, but you want to make sure you do it right - and actually make a profit? Strap in! eBay gives everyone from merchants to ecommerce hobbyists an easy-to-use platform to make sales, but it’s not without competition. With almost 200 million buyers and 1.6 billion listings, sellers need to maintain a competitive edge in order to succeed. We’ve been busy looking closely at eBay, and we’ve written a number of guides and articles on how to use the platform successfully. https://www.a2xaccounting.com/blog/how-to-integrate-etsy-and-sage-business-cloud-accounting/ Fri, 16 Apr 2021 13:29:05 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-etsy-and-sage-business-cloud-accounting/ Integrating Etsy with Sage is a great idea if you’re looking to save time on bookkeeping and get more accurate financials. Whether you’re a quickly growing Etsy seller trying to keep up with the books, or an accountant or bookkeeper who works with Etsy sellers, you’ll likely understand that Etsy bookkeeping can be complicated. A big reason why Etsy bookkeeping is complicated is that Etsy deposits aren’t just sales. They’re actually a combination of sales, fees, refunds, and other transactions – and being able to accurately code them in Sage is important. https://www.a2xaccounting.com/blog/how-to-find-the-right-shopify-theme/ Thu, 15 Apr 2021 14:18:51 +0000 https://www.a2xaccounting.com/blog/how-to-find-the-right-shopify-theme/ The theme of your Shopify store dictates almost everything. What your customers see, how they interact with your brand, what media and add-ons you can include - the list goes on. It’s important to think about what you’ll need from your theme before you go diving in and get carried away by the cool color palettes and exciting plug-ins. Plus, with a little planning, you’ll be able to see whether a freebie will cover your bases or if a paid option is worth your time and money. https://www.a2xaccounting.com/blog/how-to-integrate-quickbooks-for-etsy/ Wed, 14 Apr 2021 16:24:27 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-quickbooks-for-etsy/ Integrating Etsy and QuickBooks Online is a great idea – especially if you’re looking to spend less time on accounting and bookkeeping, and you want to get more accurate numbers. Whether you’re a quickly growing Etsy seller, or an accountant or bookkeeper who works with Etsy sellers, then you’ll understand that bookkeeping for Etsy isn’t as straightforward as it might seem. Etsy deposits are made up of more than just sales. https://www.a2xaccounting.com/blog/integrate-etsy-with-xero-and-a2x/ Sun, 11 Apr 2021 16:56:16 +0000 https://www.a2xaccounting.com/blog/integrate-etsy-with-xero-and-a2x/ Integrating Etsy and Xero is a great way to make accounting and bookkeeping for an Etsy store more accurate and efficient. Etsy sellers and accountants and bookkeepers who work with Etsy sellers will all understand that managing Etsy financials can get complicated. One of the factors that makes it complicated is the fact that Etsy deposits aren’t entirely made up of sales – so you can’t code them to a ‘Sales’ account and call it a day. https://www.a2xaccounting.com/blog/ebay-selling-manager-and-pro/ Thu, 08 Apr 2021 03:34:46 +0000 https://www.a2xaccounting.com/blog/ebay-selling-manager-and-pro/ Not all eBay sellers have the same goals when they sign up to the platform. When eBay started back in 1995, it was primarily an auction site used for selling the odd pre-loved item from around the house - a sort of online garage sale. As ecommerce grew and more sellers flocked to run full-fledged businesses on eBay, the platform needed to change tack. These sellers required a backend that would give them the visibility, reporting tools and resources necessary to run their business. https://www.a2xaccounting.com/blog/ebay-valet/ Tue, 06 Apr 2021 03:27:01 +0000 https://www.a2xaccounting.com/blog/ebay-valet/ So, you’ve created amazing, optimized listings on eBay, and they’re starting to get attention. Suddenly, you need to make sure that your items are getting to the buyers quickly and painlessly - one of the key drivers of customer satisfaction on the eBay platform. For some, getting a large volume of items from storage into the mailboxes of the buyers in a timely manner is a logistical nightmare. Furthermore, some ecommerce sellers just don’t want to deal with the administration involved with listing and selling items online. https://www.a2xaccounting.com/blog/why-you-should-be-using-shopify-payments/ Thu, 01 Apr 2021 10:00:00 +0000 https://www.a2xaccounting.com/blog/why-you-should-be-using-shopify-payments/ Shopify Payments is the integrated payment gateway for Shopify sellers. Powered by Stripe, Shopify Payments is quick to activate when you open your store and immediately gives your buyers choices when it comes to their payment method at checkout. With hundreds of payment gateways on the market offering you different things, is Shopify’s native the obvious choice? Or should you be giving others a look-in too? Well, in this blog we’re going to tell you why sticking with Shopify Payments is probably your best bet. https://www.a2xaccounting.com/blog/how-to-hire-the-right-bookkeeper-for-your-fba-business/ Thu, 01 Apr 2021 08:09:30 +0000 https://www.a2xaccounting.com/blog/how-to-hire-the-right-bookkeeper-for-your-fba-business/ This is a guest post from our friends at specialist ecommerce accounting firm Bean Ninjas. When you’re first starting out, you might be tempted to do your own bookkeeping and accounting. However, as your business grows, it is rarely a good idea to keep DIY’ing it. Every minute that you are spending on bookkeeping is time you aren’t spending on growing or running your business. If this resonates with you, then read on to learn how to hire and vet the right bookkeeper for your FBA business. https://www.a2xaccounting.com/blog/how-to-increase-ebay-sales/ Thu, 01 Apr 2021 01:42:06 +0000 https://www.a2xaccounting.com/blog/how-to-increase-ebay-sales/ There’s money to be made on eBay. In 2020, eBay sales revenue grew 22% - and that’s not the only thing that grew. With more sellers joining eBay every day and approximately seven million in the US alone, competition is rife. Growing on the platform takes work. But that’s why you’re here - to find out what your options are and how to leverage every available tool at your disposal. https://www.a2xaccounting.com/blog/a2x-for-etsy-launch/ Wed, 31 Mar 2021 14:00:41 +0000 https://www.a2xaccounting.com/blog/a2x-for-etsy-launch/ To all the makers, designers and craftspeople out there, get ready to spend less time on your accounts and more time creating. Today, we are excited to announce the launch of A2X for Etsy. Etsy sellers will now be able to integrate A2X with their stores and accounting software for accurate, seamless accounting. Etsy: “Keep Commerce Human” A niche marketplace dedicated to all things handmade and original, it is Etsy’s mission to keep people at the heart of ecommerce. https://www.a2xaccounting.com/blog/how-to-sell-to-amazon-directly/ Mon, 29 Mar 2021 22:00:33 +0000 https://www.a2xaccounting.com/blog/how-to-sell-to-amazon-directly/ When most people think about doing business with Amazon, it’s in the format of using the platform to sell to customers. But this isn’t the only option. You can sell to Amazon directly, as part of their vendor program. Becoming an Amazon vendor takes away the customer service or brand management aspect of your business, replacing it with a focus on distribution and fulfilment. You are the backend, not the front. https://www.a2xaccounting.com/blog/ebay-vs-amazon/ Fri, 26 Mar 2021 03:25:23 +0000 https://www.a2xaccounting.com/blog/ebay-vs-amazon/ Amazon and eBay were part of the first wave of true digital natives. Both are entrepreneurial platforms; competitive, diverse, financially-minded, and borderless. Connecting buyers and sellers across the globe, Amazon and eBay are both household names. eBay is the classic auction site, and Amazon is the Google for shopping, right? Did you know that these days, eBay sells more via Buy It Now listings than it does auctions? And that Amazon actually has less sellers, but makes more money? https://www.a2xaccounting.com/blog/shopify-vs-ebay/ Wed, 17 Mar 2021 02:16:08 +0000 https://www.a2xaccounting.com/blog/shopify-vs-ebay/ Thinking of selling online, but unsure of which platform to pick? While Shopify and eBay are both popular ecommerce platforms, this is where the similarity ends. They are, in fact, very different, and they offer different experiences to both buyers and sellers. So, what do these experiences look like and how should you go about picking one? In this article, we’ll find out. In this Shopify vs. eBay guide: https://www.a2xaccounting.com/blog/amazon-pay-guide-everything-you-need-to-know/ Sat, 13 Mar 2021 01:15:06 +0000 https://www.a2xaccounting.com/blog/amazon-pay-guide-everything-you-need-to-know/ Online shoppers like choice. And they prefer businesses that give them choice. In fact, Business Insider reports that limited payment options could account for a quarter of abandoned shopping carts in the US. But with no shortage of payment gateway options for ecommerce sellers, how should they pick which ones to offer, and do buyers have a resounding preference? Is Amazon Pay the obvious choice for Amazon sellers, for example, or are there better alternatives? https://www.a2xaccounting.com/blog/15-shopify-tips-to-grow-your-store-in-2021/ Tue, 09 Mar 2021 00:36:01 +0000 https://www.a2xaccounting.com/blog/15-shopify-tips-to-grow-your-store-in-2021/ At their Reunite 2020 event, Shopify announced some pretty cool updates for 2021. As one of the leading ecommerce tools, Shopify is constantly evolving and expanding its software, adding new apps and integrations to help its merchants thrive. And with over 600,000 sellers on the platform, if you’re one of them, you’ll want to know as many Shopify tips and tricks as early as possible to come out ahead. https://www.a2xaccounting.com/blog/why-a2x-for-xero-is-a-great-onesaas-alternative/ Mon, 08 Mar 2021 04:24:12 +0000 https://www.a2xaccounting.com/blog/why-a2x-for-xero-is-a-great-onesaas-alternative/ There are thousands of ecommerce apps and integrations on the market today all trying to solve problems for sellers. Whether it’s accounting, fulfilment, customer management, marketing or tax compliance, business owners are able to design a tech stack that perfectly services their unique needs and goals, and removes much of the requirement for human input. As much as a customized infrastructure is an incredible resource, having numerous separate apps poses a tricky challenge: How do you get them talking to each other? https://www.a2xaccounting.com/blog/shopify-sage-integration-how-to/ Fri, 05 Mar 2021 06:47:54 +0000 https://www.a2xaccounting.com/blog/shopify-sage-integration-how-to/ Setting up an integration between Shopify and Sage Cloud Accounting Software is a great step to improve accounting and bookkeeping accuracy and efficiency. If you’re selling on Shopify – or, if you’re an accountant or bookkeeper who works with Shopify merchants – then you know the complexities that come along with Shopify accounting and bookkeeping. Getting Shopify data to match up with transaction lines with Sage, split-month entries, and dealing with third-party apps are just a few hurdles that can all take a ton of time and cause massive headaches. https://www.a2xaccounting.com/blog/how-to-sell-on-ebay-for-beginners/ Wed, 03 Mar 2021 05:23:39 +0000 https://www.a2xaccounting.com/blog/how-to-sell-on-ebay-for-beginners/ … In 2022, eBay turned 27 years old. A lot has happened in those 27 years. With technological advances taking trillions of dollars off the streets and into the digital space, ecommerce has exploded. These days, the ability to buy online has never been more essential. With a wealth of tools now available to beginners, it’s difficult to know where to start and how to get the best out of the eBay platform. https://www.a2xaccounting.com/blog/how-to-sell-used-books-amazon-fba/ Mon, 01 Mar 2021 10:09:38 +0000 https://www.a2xaccounting.com/blog/how-to-sell-used-books-amazon-fba/ Did you know that Amazon first started as a site to sell books? That’s right, the ecommerce mammoth began on paper. You can sell books on Amazon FBA today and still make a profit. Amazon may be a giant, but it can be profitable for those willing to put the work in. Maybe you have a backlog of books at home gathering dust, you want to start an Amazon business selling books or you’re researching your options. https://www.a2xaccounting.com/blog/amazon-tax-canada-what-you-need-to-know/ Mon, 01 Mar 2021 07:08:59 +0000 https://www.a2xaccounting.com/blog/amazon-tax-canada-what-you-need-to-know/ Canada’s sales tax is a bit of a mutt. It’s not quite the same breed as the US, or as Europe, but almost a cross between the two. Canada’s sales tax is called GST (goods and services tax), and is a value-added tax, meaning it is added onto the value of an item at each stage in its manufacturing journey. Although the GST rate is consistent across Canada, the story barely begins there. https://www.a2xaccounting.com/blog/how-to-pack-your-products-for-amazon-fba/ Mon, 01 Mar 2021 03:57:00 +0000 https://www.a2xaccounting.com/blog/how-to-pack-your-products-for-amazon-fba/ Amazon FBA makes fulfilment and distribution simple. All you have to do? Get your inventory to the warehouses. Now, whilst the program is designed to make your life as easy as possible, you are still required to meet certain criteria when packaging your products for Amazon FBA. In this guide: Table of Contents Why Does Correct Packaging for Amazon FBA Matter? Amazon FBA Packaging Requirements Ready, Set, Ship! Amazon FBA Packaging FAQs Don’t Let Shipping Fees Sink You with A2X for Amazon Also on the blog The best advice and insights for selling on Amazon this year There’s a lot to know when it comes to selling on Amazon. https://www.a2xaccounting.com/blog/amazon-income-tax-guide/ Tue, 23 Feb 2021 04:30:46 +0000 https://www.a2xaccounting.com/blog/amazon-income-tax-guide/ Most Amazon sellers bring in around $1000-5000/month in revenue, with around 6% making upwards of $250,000. Even after the costs and fees hidden behind those figures, that’s some substantial income. “Income” doesn’t just mean “salary”. A one-off garage sale worth $200 is technically income. It is simply money received, usually in exchange for goods and/or services. Selling on Amazon very much qualifies as an income source. For this reason, Amazon sellers could be liable to pay tax on their Amazon income. https://www.a2xaccounting.com/blog/ebay-automation/ Wed, 17 Feb 2021 05:23:31 +0000 https://www.a2xaccounting.com/blog/ebay-automation/ Time is money, and when you’re a one-(wo)man band running your own eBay store, you need to take control over both as early in the game as possible. This is where eBay automation comes in. Humans are typically not good at lots of complicated, repetitive tasks - but software is designed for it. Best of all, it’s designed to handle these tasks at high volumes, scaling with you on your journey. https://www.a2xaccounting.com/blog/34-ebay-tips-to-help-you-sell-more-products/ Mon, 15 Feb 2021 05:17:00 +0000 https://www.a2xaccounting.com/blog/34-ebay-tips-to-help-you-sell-more-products/ The internet is full of helpful eBay tips for sellers, so in this guide, we bring the best of them together in one place. Our eBay selling tips range from general dos and don’ts, to the nitty gritty details for the most ambitious, dedicated seller. Here’s what we’ll cover, at a glance: Beginner tips for eBay seller success: Areas to focus on at the start Automation and accounting for beginners eBay seller tips and tricks to sell more: Store tips Listing and fees tips Description and pricing tips Fulfilment and supplier tips SEO tips Tips on what not to do on eBay Selling on eBay: Tips for Beginners If you are new to selling on eBay, use our tips below but focus on the following areas first. https://www.a2xaccounting.com/blog/ebay-shipping-fees-guide/ Wed, 10 Feb 2021 05:38:26 +0000 https://www.a2xaccounting.com/blog/ebay-shipping-fees-guide/ Successful ecommerce businesses rely on efficient shipping processes. Without them, selling online is neither sustainable nor scalable. With many online retailers offering same-day or even 2-hour delivery options, consumers now expect their purchases to arrive quicker than ever. Being smart about your shipping is crucial to striking the right balance between good customer experience and realistic fulfilment on your end. The question is, can you both afford and manage the options you are offering? https://www.a2xaccounting.com/blog/ebay-global-shipping-program/ Wed, 10 Feb 2021 03:29:36 +0000 https://www.a2xaccounting.com/blog/ebay-global-shipping-program/ The eBay Global Shipping Program makes selling overseas a breeze. By taking care of packages on the behalf of sellers and sending them across the world, eBay opens up its entire global marketplace for trade. What’s in it for sellers? Millions more customers without the hassle of customs and imports paperwork. And for buyers? Access to more products with transparent shipping fees and processes. So, how does it work exactly? In this guide, you’ll find everything you need to know about eBay’s Global Shipping Program and how to get started. https://www.a2xaccounting.com/blog/how-to-open-an-ebay-store/ Mon, 08 Feb 2021 04:01:21 +0000 https://www.a2xaccounting.com/blog/how-to-open-an-ebay-store/ Opening an eBay store is an excellent portal into the world of ecommerce. As one of the simplest, no-fuss selling platforms available, eBay is full of possibilities, and open to anyone. eBay has been around for a good while - since 1995, to be precise - and has positioned itself as a ‘selling partner’ in the ecommerce space. The platform is designed for sellers, whether you’re selling unwanted items, or scaling a full-time ecommerce business. https://www.a2xaccounting.com/blog/a2x-for-sage-launch/ Sun, 07 Feb 2021 20:00:00 +0000 https://www.a2xaccounting.com/blog/a2x-for-sage-launch/ Sage began life as a startup in 1981. Founded by David Goldman to automate the accounts of his own business, Sage now has 13,000 employees worldwide and millions of customers across 23 countries. And, in 2018, Sage took their offering to the cloud. Today, we at A2X are excited to announce that Sage Business Cloud Accounting customers will now be able to integrate with our software for seamless ecommerce accounting. https://www.a2xaccounting.com/blog/amazon-sales-tax-guide/ Fri, 05 Feb 2021 03:52:49 +0000 https://www.a2xaccounting.com/blog/amazon-sales-tax-guide/ In 2022, the US is estimated to have spent over $875 billion on retail ecommerce sales. By the end of 2025, this figure is expected to surpass $1.33 trillion. When Amazon was founded, the internet was relatively new and sales tax was something cemented in bricks and mortar. People shopped on streets, not online, so a physical address was enough for states to keep tabs on businesses. Today, an ecommerce business might have no address or multiple. https://www.a2xaccounting.com/blog/ebay-business-plan-template/ Wed, 03 Feb 2021 03:01:21 +0000 https://www.a2xaccounting.com/blog/ebay-business-plan-template/ There are over 25 million sellers on eBay. No matter what you sell, with competition like that, you need to have a plan. Fortunately, with around 182 million users, there’s plenty of opportunity to grow and thrive. The purpose of an eBay business plan is to articulate your idea and figure out how to make it feasible. To do this, you will need to explore the different aspects of your business which define what it is and how it will operate. https://www.a2xaccounting.com/blog/find-an-amazon-accountant/ Wed, 03 Feb 2021 02:45:40 +0000 https://www.a2xaccounting.com/blog/find-an-amazon-accountant/ Accurate Amazon accounting is a must. The best thing you can do for your ecommerce business is to build an accounting framework that scales and nurtures your success. What does this look like? Great accounting software and the support of a specialist Amazon accountant. Whether your accountant just helps you get set up or supports you full time, their help and advice can be invaluable to the growth of your Amazon store. https://www.a2xaccounting.com/blog/ebay-seo/ Tue, 02 Feb 2021 01:47:08 +0000 https://www.a2xaccounting.com/blog/ebay-seo/ As an eBay seller, you’ve got some competition. With 182 million users and over a billion listings, you need to leverage every free tool at your disposal in the quest for that lucrative, competitive edge. Search Engine Optimization (SEO) isn’t just for Google. A free driver of organic traffic, eBay SEO just might be your new marketing best friend - it’s certainly not one to ignore. So, how does SEO for eBay work, exactly? https://www.a2xaccounting.com/blog/analysis-of-shopify-payment-gateways/ Wed, 27 Jan 2021 02:37:41 +0000 https://www.a2xaccounting.com/blog/analysis-of-shopify-payment-gateways/ Shopify offers payment gateway options for over 100 providers across the world. Why? So that you can provide your customers with the options most likely to suit them. A2X supports thousands of Shopify sellers with their accounting. No matter the payment gateway used, A2X interprets bank deposits and ensures that sellers have all the information they need to be able to manage their finances properly. With access to this kind of data, we can help sellers determine which gateways are proving most popular among our subscribers. https://www.a2xaccounting.com/blog/amazon-has-helped-finance-20-000-businesses/ Tue, 05 Jan 2021 21:15:00 +0000 https://www.a2xaccounting.com/blog/amazon-has-helped-finance-20-000-businesses/ Updated January 2021. Merchants who sell through Amazon can now secure dedicated ecommerce loans, but what does this look like in the books? In this article, we’ll explain eligibility, Amazon lending transactions, and how to record Amazon loan repayments. Table of Contents Lending for Ecommerce: Amazon Loan or Bank Loan? Accounting for Amazon Lending A2X for Amazon Lending Also on the blog Learn how to manage your Amazon accounting the right way Amazon accounting can be complex. https://www.a2xaccounting.com/blog/best-amazon-fba-podcasts-in-2021/ Fri, 01 Jan 2021 07:36:08 +0000 https://www.a2xaccounting.com/blog/best-amazon-fba-podcasts-in-2021/ Updated January 2021. As a valued friend of the multi-tasker, podcasts are a great tool for any ecommerce seller. Whether you just want to stay up-to-date with industry news, learn from the best about how they made it big, or even have your specific questions answered - there’s an Amazon FBA podcast for you. We have scaled the market to bring you the top Amazon FBA podcast list, plus a few that are useful for ecommerce sellers on any platform. https://www.a2xaccounting.com/blog/business-intelligence-and-summary-accounting/ Sun, 20 Dec 2020 20:25:00 +0000 https://www.a2xaccounting.com/blog/business-intelligence-and-summary-accounting/ Interview series with Conrad Rohleder: Part Two Traditionally, you’d wait till the end of the month to review your business’ progress and outcomes. This can leave you chasing your tail. To keep on top of the day to day, you need a way to track your business in real-time. Understanding the differences between business intelligence and accounting is one way to achieve this. In the second part of this series with Conrad Rohleder, we discuss: The difference between summary accounting and business intelligence. https://www.a2xaccounting.com/blog/velocity-of-ecommerce-and-insight/ Sun, 20 Dec 2020 13:45:27 +0000 https://www.a2xaccounting.com/blog/velocity-of-ecommerce-and-insight/ Interview series with Conrad Rohleder: Part Three Everyday efficiency and clarity surrounding your business outcomes is optimised when you can integrate and review data effectively. However, not all programs are created equal when it comes to integration. Often businesses become pigeon-holed or bogged down using multiple programs that do not communicate properly. This can inhibit the growth and success of your ecommerce business. The solution? Learning to leverage business intelligence in ecommerce. https://www.a2xaccounting.com/blog/how-to-reconcile-your-amazon-seller-statement/ Fri, 18 Dec 2020 00:40:16 +0000 https://www.a2xaccounting.com/blog/how-to-reconcile-your-amazon-seller-statement/ Updated December 2020. If you’ve ever reviewed an A2X settlement summary, you’ll know Amazon has some very creative ways to charge Amazon sellers money. But what do ShippingChargeback, GiftwrapChargeback, and SalesTaxServiceFee really mean, and how do you reconcile them to the Amazon Reports > Payments section of Seller Central? To help this make sense, we’re going to walk you through reconciling your Amazon seller statement. We’ll use an example that matches low-level transactions in an Amazon settlement report to the corresponding high-level transactions Amazon considers in their report summary. https://www.a2xaccounting.com/blog/a2x-and-vat-in-europe/ Thu, 17 Dec 2020 03:02:35 +0000 https://www.a2xaccounting.com/blog/a2x-and-vat-in-europe/ Anyone who runs an online store will know that the beauty of ecommerce is that its capabilities are limitless. It’s a fantastic way for retail stores of any type and size to reach a new community of customers – enabling you to expand your sales worldwide without the extensive costs of setting up a brick-and-mortar store. Ecommerce has levelled the playing field, making it possible for small businesses to compete with corporate giants on an international stage. https://www.a2xaccounting.com/blog/do-your-financials-tell-a-story-that-sells/ Wed, 16 Dec 2020 08:03:59 +0000 https://www.a2xaccounting.com/blog/do-your-financials-tell-a-story-that-sells/ Your accounts should offer insight into your business. They should show successes, and they should show opportunities to help to pinpoint trouble areas. Having complete and accurate financials means that you, as an ecommerce seller, have the information you need to make better, smarter decisions about the future of your business. You know the true cost of sales, where you’re making and losing money, and where you could be investing more. https://www.a2xaccounting.com/blog/how-to-integrate-ebay-with-xero/ Tue, 15 Dec 2020 03:49:48 +0000 https://www.a2xaccounting.com/blog/how-to-integrate-ebay-with-xero/ Setting up an integration between eBay and Xero is a great way to improve accounting and bookkeeping accuracy and efficiency. If you’re an eBay seller who’s trying to keep your books up to date, or an accountant or bookkeeper who works with eBay sellers, then you’ll understand some of the complexities that come along with getting eBay transactions to reconcile with payouts in Xero. The good news is that integrating eBay and Xero with the right tool can eliminate many of the headaches that come along with eBay bookkeeping. https://www.a2xaccounting.com/blog/whether-to-sell-through-amazon-or-your-own-website/ Mon, 14 Dec 2020 17:00:26 +0000 https://www.a2xaccounting.com/blog/whether-to-sell-through-amazon-or-your-own-website/ Amazon is an ecommerce behemoth. It started as an online bookstore in 1994, and is now the world’s largest online retailer. If you’re a small company, the decision to sell through Amazon can seem obvious – after all, you won’t be able to compete with it – but it’s not automatically the best decision for every business. With Amazon Australia set to open early next year, it’s a good time for Australian and New Zealand retailers to think about their choices: take advantage of the Amazon platform, or stick to their own website. https://www.a2xaccounting.com/blog/future-proofing-your-amazon-business-for-sale/ Mon, 14 Dec 2020 01:55:43 +0000 https://www.a2xaccounting.com/blog/future-proofing-your-amazon-business-for-sale/ Like all business owners, Amazon marketplace merchants may one day weigh up the prospect of selling their business. And what will prospective buyers want to see? Accurate accounts demonstrating a healthy business. Even if you’re not considering this anytime soon, it’s sensible to behave as if this will be your goal one day. If you do this from the beginning, not only will your business operations be organized and transparent for you, but it will be much easier to go into the sales process prepared for success. https://www.a2xaccounting.com/blog/accounting-and-sales-tax-what-do-amazon-sellers-need-to-know/ Mon, 14 Dec 2020 00:19:22 +0000 https://www.a2xaccounting.com/blog/accounting-and-sales-tax-what-do-amazon-sellers-need-to-know/ Please note: ecommerce sales tax is still evolving and changing. These guides are correct at the time they are written but please consult official government pages or accounting professionals for the most up-to-date information applicable to you. The Supreme Court ruled in favor of South Dakota, granting the state authority to impose sales tax obligations on out-of-state transactions. Online sellers will have a new set of obligations and challenges ahead of them, while states could potentially gain billions in revenue. https://www.a2xaccounting.com/blog/google-cloud-features-a2x-for-innovative-use-of-gcp/ Thu, 10 Dec 2020 19:00:28 +0000 https://www.a2xaccounting.com/blog/google-cloud-features-a2x-for-innovative-use-of-gcp/ A2X has been built to scale up to support accounting for hundreds of thousands of Amazon sellers, including the largest who deliver in excess of 100,000 orders every month. At A2X we’re incredibly proud of the architecture we’ve built on top of Google’s Cloud platform (GCP) and delighted to have been recognised in a recent Google Cloud case study: “A2X: turns to Google Cloud Platform to help eliminate accounting complexity for Amazon sellers”. https://www.a2xaccounting.com/blog/amazon-accounting-meetup-atlanta-june-6th/ Thu, 10 Dec 2020 02:51:02 +0000 https://www.a2xaccounting.com/blog/amazon-accounting-meetup-atlanta-june-6th/ On June 6th, 2018, we hosted a meet-up for Amazon sellers, accountants, and people involved in the ecommerce space. This meet-up was held after the first full day of Xerocon in Atlanta, Georgia. We were privileged to have Brandon Wasser and Cat Fogarty present as guest speakers. Brandon Wasser is a Senior Account Manager at Bookkeeper360. Through this role, he has learned a great deal about emerging technologies and trends that are shaping the way we shop, and how businesses need to evolve in order to thrive in an ever-changing environment. https://www.a2xaccounting.com/blog/a2x-amazon-and-the-future-of-accounting-with-hpc/ Wed, 09 Dec 2020 01:49:21 +0000 https://www.a2xaccounting.com/blog/a2x-amazon-and-the-future-of-accounting-with-hpc/ How HPC accounting uses A2X to help solve its clients’ problems HPC Accounting is something of a trendsetter among US accounting firms. The business started in 2011, and unlike most firms at the time, focused on providing value-based services, rather than charging clients hourly rates. Since 2016, they have abandoned time tracking altogether, preferring to give their clients personalized service and in-depth advice. As Accounting Manager Catherine Fogarty explains, HPC was also an early American adopter of Xero. https://www.a2xaccounting.com/blog/a2x-setup-and-mapping-a-real-world-guide-from-catching-clouds/ Wed, 09 Dec 2020 00:35:24 +0000 https://www.a2xaccounting.com/blog/a2x-setup-and-mapping-a-real-world-guide-from-catching-clouds/ Catching Clouds is A2X’s first guest blogger, and we are proud to be a part of the growth journey of the A2X ecommerce accounting innovation. As an accounting firm specializing in ecommerce accounting, we have dozens of clients using A2X’s services and use it for all of our Amazon clients, and love it. Since we are avid A2X app users, here are some pointers on the process we use for setting up and mapping the exhaustive list of Amazon fees to Xero’s chart of accounts. https://www.a2xaccounting.com/blog/ebay-accounting-software-guide/ Tue, 08 Dec 2020 21:06:28 +0000 https://www.a2xaccounting.com/blog/ebay-accounting-software-guide/ The balance in your bank account is rising, so your eBay store must be thriving… right? The only way to actually tell how your eBay store (or, any business venture) is performing is to practice accurate accounting. Accurate accounting and bookkeeping will help you get critical insight into your business’s cash flow, build and review your P&L and Balance Sheet, and ultimately understand your profitability and help you make better business decisions. https://www.a2xaccounting.com/blog/amazon-to-disclose-seller-data-to-california/ Tue, 08 Dec 2020 08:19:34 +0000 https://www.a2xaccounting.com/blog/amazon-to-disclose-seller-data-to-california/ This post is a guest post from Michael Fleming founder of Michael J Fleming & Associates. This article is about the changing tax obligations of ecommerce sellers in the US and was correct at the time it was written. For more detailed information (no matter your platform) about how sales tax affects you, and where to get the most up-to-date advice, check out our blog here. On the afternoon of October 23 2018 Amazon stated that it had received a “valid and binding legal demand” from the state of California to turn over third-party seller information. https://www.a2xaccounting.com/blog/how-sales-tax-law-is-changing/ Tue, 08 Dec 2020 07:23:21 +0000 https://www.a2xaccounting.com/blog/how-sales-tax-law-is-changing/ The internet has changed the way we buy and sell. Online marketplaces such as Amazon and eBay now dominate the retail landscape, and more and more retailers are moving online. In the US, tax law is changing in response. Rather than missing out on online sales tax, states are adapting their laws and introducing new legislation in order to force sellers or online marketplaces to collect and remit sales tax. https://www.a2xaccounting.com/blog/introducing-honua-bars/ Tue, 08 Dec 2020 04:40:49 +0000 https://www.a2xaccounting.com/blog/introducing-honua-bars/ We consider ourselves very lucky at A2X, because we get to work with some pretty awesome brands. The companies that we work with have been started by a diverse range of passionate business owners throughout the world, all with big ideas and plenty of determination. They inspire us all the time and so, this Christmas, we wanted to share some of that with you. In this 12 Days of Christmas series, we will be spotlighting a few of these brands and talking to them about their story, top ecommerce tips, and apps they like to use to help with running their businesses. https://www.a2xaccounting.com/blog/a2x-welcomes-its-first-uk-partner-avask-accounting-and-business-consultants/ Mon, 07 Dec 2020 23:28:37 +0000 https://www.a2xaccounting.com/blog/a2x-welcomes-its-first-uk-partner-avask-accounting-and-business-consultants/ [Announcement made August 2017]. We are delighted to announce the introduction of our first UK partner AVASK Accounting & Business Consultants. AVASK and A2X have been working together since 2015. A2X has been essential in streamlining AVASK’s services, allowing their tax advisors and accountants to automatically fetch their clients’ latest Amazon settlement transactions and post summarised transactions directly to their accounting system. “A2X is an essential part of our day-to-day operations. https://www.a2xaccounting.com/blog/amazon-accounting-meetup-sydney-may-2018/ Mon, 07 Dec 2020 13:03:54 +0000 https://www.a2xaccounting.com/blog/amazon-accounting-meetup-sydney-may-2018/ On May 22nd, 2018, we organized a meet-up in collaboration with Intuit QuickBooks Online (referred to as QuickBooks Online throughout this article), where a range of topics related to Amazon accounting were discussed. We were privileged to have three Amazon accounting and app experts present at our meet-up: Jeri Wambeek from Which AddOn. Michael Fleming from Sales Tax and More (via video link). Arnold Shields from Dolman Bateman Accountants. Our meet-up was hosted at the QuickBooks Online Sydney offices. https://www.a2xaccounting.com/blog/amazon-and-shopify-accounting-with-quickbooks-enterprise/ Mon, 07 Dec 2020 12:50:04 +0000 https://www.a2xaccounting.com/blog/amazon-and-shopify-accounting-with-quickbooks-enterprise/ A2X is helping thousands of Amazon sellers and Shopify merchants across the world automate their accounting. In these two guides, we’ll show you how users of the QuickBooks Desktop and QuickBooks Enterprise products can use A2X to account for their Amazon sales and/or their Shopify sales: Using A2X for Amazon with QuickBooks Desktop and QuickBooks Enterprise Using A2X for Shopify with QuickBooks Desktop and QuickBooks Enterprise What is A2X for Amazon? https://www.a2xaccounting.com/blog/xero-industry-specific-app-partner-2018/ Mon, 07 Dec 2020 06:00:00 +0000 https://www.a2xaccounting.com/blog/xero-industry-specific-app-partner-2018/ We’re thrilled to announce that A2X has been granted the Industry Specific App of the Year award at the Xero Americas Awards 2018. This award recognizes the fact that accountants and bookkeepers in North America (and throughout the world) are gaining significant amounts of value out of using A2X to automate their Amazon accounting. “The niche focus of A2X has really paid off… no other tool on the market nails Amazon payout reporting like the tool they’ve made. https://www.a2xaccounting.com/blog/integrate-walmart-xero/ Mon, 07 Dec 2020 01:12:19 +0000 https://www.a2xaccounting.com/blog/integrate-walmart-xero/ Integrating Walmart Seller Center with Xero is a great way to increase efficiency and accuracy for Walmart seller bookkeeping. Walmart marketplace sellers – and accountants and bookkeepers who work with Walmart sellers – will understand that bookkeeping for Walmart can be complex. One key challenge that makes Walmart bookkeeping complicated is that Walmart settlements are not just made up of sales – they’re actually a combination of sales, fees, refunds, and other transactions. https://www.a2xaccounting.com/blog/integrate-walmart-quickbooks/ Mon, 07 Dec 2020 00:36:43 +0000 https://www.a2xaccounting.com/blog/integrate-walmart-quickbooks/ Integrating Walmart Seller Center with QuickBooks Online is a great way to manage Walmart seller bookkeeping efficiently and accurately. Walmart marketplace sellers and accountants and bookkeepers who work with Walmart sellers will understand that bookkeeping for Walmart can be complicated due to the fact that Walmart settlements are not just made up of sales – they’re actually a combination of sales, fees, refunds, and other transactions. Simply coding a Walmart settlement to a ‘Sales’ account is incorrect, and can lead to a number of issues. https://www.a2xaccounting.com/blog/walmart-knowledge-base/ Fri, 04 Dec 2020 20:34:13 +0000 https://www.a2xaccounting.com/blog/walmart-knowledge-base/ As a business owner in the ecommerce sector, you’ll be well aware of the benefits of online market platforms. Rather than deal with the expense and the time-consuming process of building your own ecommerce platform, it makes sense to leverage ones that are already thriving. You might already be an aficionado on Amazon and Shopify, so perhaps it’s time to diversify and join the Walmart Marketplace. Or maybe you’re just starting out as an online entrepreneur, and want to plan ahead. https://www.a2xaccounting.com/blog/what-happens-when-you-owe-amazon-money-negative-balance-invoices-in-xero/ Thu, 03 Dec 2020 23:15:05 +0000 https://www.a2xaccounting.com/blog/what-happens-when-you-owe-amazon-money-negative-balance-invoices-in-xero/ So you owe money to Amazon, and you know this because there’s a negative balance on your Amazon seller account. What happens if you owe amazon money, and how do you correct it? The good news is that an Amazon seller negative balance is usually nothing to worry about. Table of Contents What is an Amazon seller negative balance? How to balance your accounts by reconciling a single Amazon payment [four steps] Also on the blog Learn how to manage your Amazon accounting the right way Amazon accounting can be complex. https://www.a2xaccounting.com/blog/velocity-of-ecommerce-and-automation/ Thu, 03 Dec 2020 13:45:14 +0000 https://www.a2xaccounting.com/blog/velocity-of-ecommerce-and-automation/ Interview series with Conrad Rohleder: Part One If you’re selling on an ecommerce platform, you want to do it right. Integrating intuitive, automated systems to handle your accounting and inventory is a must for your business. Programs such as Clearinity and A2X will save you time and money, paving the way for accelerated success. Clearinity is a cloud-based inventory management and operations optimization system, designed to make running your ecommerce business simpler and more successful. https://www.a2xaccounting.com/blog/ebay-income-tax-guide/ Wed, 02 Dec 2020 20:00:00 +0000 https://www.a2xaccounting.com/blog/ebay-income-tax-guide/ For online sellers, eBay is a little different from other ecommerce platforms. You could use eBay to get rid of old stuff around the house here and there, like a garage sale. Or, you could use it to run a multi-million dollar, profitable business. With such scope for revenue, eBay sellers may be confused as to where they land on the tax eligibility scale. Do they need to pay, and if so, how much and to whom? https://www.a2xaccounting.com/blog/ebay-sales-tax-guide/ Wed, 02 Dec 2020 20:00:00 +0000 https://www.a2xaccounting.com/blog/ebay-sales-tax-guide/ Ah, sales tax. The ultimate Pandora’s box has come for ecommerce sellers. In 2019, US online retail sales of physical goods reached an astronomical $343 billion. By 2024, they are forecast to reach $476 billion. Physical presence in a state used to be a parameter for tax, but times have changed. With billions of dollars floating in the digital space, governments everywhere, not just in the US, have needed to change tack. https://www.a2xaccounting.com/blog/ebay-managed-payments/ Tue, 01 Dec 2020 03:47:41 +0000 https://www.a2xaccounting.com/blog/ebay-managed-payments/ Since its inception in 1995 (just one year after Amazon), eBay has capitalized on the obsession we have for both online shopping and selling. But for those who run a business buying and selling items on eBay, reconciling accounts can get messy at the best of times. For eBay, all payments and purchases were previously routed via Paypal, a subsidiary of eBay. Reconciling all transactions across the two platforms was time-consuming, causing inaccuracies, challenges with dispute resolutions, and delays in funds. https://www.a2xaccounting.com/blog/introducing-emujoy/ Tue, 01 Dec 2020 03:01:12 +0000 https://www.a2xaccounting.com/blog/introducing-emujoy/ If there’s any year worth celebrating early, it is 2020! Here at A2X, we get to work with ecommerce businesses (and their bookkeepers) from such a diverse range of backgrounds. While our conversations are usually around helping these people to automate their accounting, we are often amazed by the ideas we hear about and the passion behind them. So, this Christmas, we wanted to share a little bit of that magic with you. https://www.a2xaccounting.com/blog/understanding-amazon-fba-seller-fees/ Mon, 30 Nov 2020 21:47:52 +0000 https://www.a2xaccounting.com/blog/understanding-amazon-fba-seller-fees/ The Fulfilment by Amazon (FBA) program is a great way for entrepreneurs to grow an ecommerce business while minimizing their initial investment. There is no better ecommerce partner in the world than Amazon. However, before you dive into setting up your FBA business, you need to make sure you understand how the program works and the different costs involved. Table of Contents What is FBA? Why You Should Consider FBA How Does Amazon FBA Work? https://www.a2xaccounting.com/blog/launching-a2x-for-ebay/ Tue, 10 Nov 2020 04:00:00 +0000 https://www.a2xaccounting.com/blog/launching-a2x-for-ebay/ It all started with a broken laser pointer. In 1995, Pierre Omidyar saw potential. The internet was still fairly new, but perhaps this giant network could be a good opportunity for commerce. He tried it out, listing a laser pointer for $1 on his originally-named Auction Web, which was soon driven up to sell for $14.83. Perhaps there was something here. By early 1996, eBay had become a million dollar company. https://www.a2xaccounting.com/blog/grow-your-business-with-a-successful-data-driven-strategy/ Mon, 19 Oct 2020 17:00:16 +0000 https://www.a2xaccounting.com/blog/grow-your-business-with-a-successful-data-driven-strategy/ Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will: https://www.a2xaccounting.com/blog/walmart-product-categories/ Wed, 14 Oct 2020 03:00:00 +0000 https://www.a2xaccounting.com/blog/walmart-product-categories/ With no set-up or ongoing membership fees, a wide customer base and less competition than many other online platforms, Walmart Marketplace has emerged as a major opportunity for ecommerce sellers. It is important as a seller on Walmart Marketplace that you categorize your items correctly. This not only determines customer experience and visibility, but it directly affects the fees that you will need to pay the platform. For more information on this and how it works, check out their instructional video. https://www.a2xaccounting.com/blog/walmart-fulfilment-services/ Mon, 12 Oct 2020 23:00:00 +0000 https://www.a2xaccounting.com/blog/walmart-fulfilment-services/ Fulfillment by Amazon (FBA) had given the ecommerce giant an edge over its competition - until now. With Walmart Fulfillment Services (WFS) launching nation-wide, Walmart Marketplace sellers can now leverage the extensive fulfillment network and experience of this retail goliath, giving their customers a smooth buying experience without the hassle. What’s the catch, you say? Well, there needn’t be one. From Walmart Fulfillment Services cost to process, eligibility and set up, here’s everything you need to know. https://www.a2xaccounting.com/blog/walmart-advertising-strategy-guide/ Wed, 07 Oct 2020 21:00:00 +0000 https://www.a2xaccounting.com/blog/walmart-advertising-strategy-guide/ “Retail e-commerce sales projected to pass 4 trillion (14.6% of total retail sales) by 2020.” - Interana Competition is rife in ecommerce, and that’s only set to increase. Whilst studies say that the number of us blocking ads has gone up, that doesn’t mean we should give up on advertising altogether. This is why performance-based advertising is so popular - you only pay for desired actions once you’ve received them. https://www.a2xaccounting.com/blog/a2x-and-quickbooks-online-or-xero-for-amazon-sellers/ Wed, 07 Oct 2020 19:55:46 +0000 https://www.a2xaccounting.com/blog/a2x-and-quickbooks-online-or-xero-for-amazon-sellers/ Updated October 2020. Like all business owners, Amazon marketplace sellers make dozens of decisions every day. Some are minor, while others will affect the business for years to come. One significant decision is selecting an accounting system, or for those operating in the cloud, choosing between Xero and QuickBooks Online. These are the most widely-used and best-known cloud-based accounting systems most Amazon sellers will go for. Which is better for A2X Accounting Automation – QuickBooks Online or Xero? https://www.a2xaccounting.com/blog/walmart-sales-tax/ Thu, 24 Sep 2020 20:00:00 +0000 https://www.a2xaccounting.com/blog/walmart-sales-tax/ Sales tax is one of the greatest challenges for ecommerce sellers in the US. Why? Because compliance requirements differ across the states, and the consequences of getting it wrong can be quite significant. In 2018, the South Dakota vs. Wayfair Inc. ruling changed the tax landscape for remote sellers for good. With this decision came a wave of state-specific rules and definitions of tax nexus, leaving many sellers - small and large - confused about their obligations. https://www.a2xaccounting.com/blog/a2x-for-walmart-launch-seamlessly-automate-your-walmart-accounting-with-a2x/ Thu, 17 Sep 2020 19:53:38 +0000 https://www.a2xaccounting.com/blog/a2x-for-walmart-launch-seamlessly-automate-your-walmart-accounting-with-a2x/ Today is an exciting day for everyone here at A2X. That’s because today, we are thrilled to announce the launch of A2X for Walmart. While Walmart has traditionally been a big box retailer operating megastores throughout the world, they recently entered the online shopping industry in a big way - by creating the Walmart Marketplace and acquiring a number of smaller online shopping platforms to fuel their growth. If you’re selling on Walmart, or planning to sign up in the near future, then you’ll be pleased to know that A2X for Walmart is here to take the hassle out of ecommerce accounting. https://www.a2xaccounting.com/blog/walmart-vs-amazon-the-changing-landscape-for-ecommerce-sellers/ Thu, 17 Sep 2020 19:52:23 +0000 https://www.a2xaccounting.com/blog/walmart-vs-amazon-the-changing-landscape-for-ecommerce-sellers/ Walmart is one of the most recognizable brands in the world. With a momentous footprint in the US, the giant has moved into ecommerce and is taking it by storm. Almost anyone can sell on Amazon. Merchants are in their millions which makes competition rife, selling strategies complex and standards strict. It’s likely that you are already selling on Amazon, and may be intrigued by the new kid on the block - what does Walmart offer that Amazon doesn’t, and should you be getting a piece of the pie? https://www.a2xaccounting.com/blog/why-more-sellers-are-diversifying-away-from-amazon/ Sun, 02 Aug 2020 02:30:19 +0000 https://www.a2xaccounting.com/blog/why-more-sellers-are-diversifying-away-from-amazon/ About the author - Wayne is a management accountant who forged a 15-year career with tech heavyweight Hewlett Packard. He is now the COO and resident eCommerce accounting expert at Bean Ninjas. When Wayne isn’t managing a global team and equipping eCommerce entrepreneurs with the financial tools they need to enjoy business success and lifestyle freedom, he’s being an everyday superhero to his wife and five children. As 2020 rages on with global health and financial crises, we decided to take a pulse check on the state of eCommerce. https://www.a2xaccounting.com/blog/the-impacts-of-brexit-and-covid-19-to-the-uk-e-commerce-market/ Mon, 27 Jul 2020 00:57:17 +0000 https://www.a2xaccounting.com/blog/the-impacts-of-brexit-and-covid-19-to-the-uk-e-commerce-market/ In Partnership with Shopify, Xero, A2X & ClearCloud Accounting In 2020 the UK was hit with a twofold setback of events which directly affected UK e-commerce retailers. Firstly, Britain leaving the European Union means a change in legislation leaving uncertainty on where businesses will lie in the new parameters. More recently COVID-19 struck and caused chaos to the economy and global markets, to which the full extent is yet to be revealed. https://www.a2xaccounting.com/blog/accounting-for-facebook-shops-with-a2x-for-shopify/ Mon, 13 Jul 2020 21:51:08 +0000 https://www.a2xaccounting.com/blog/accounting-for-facebook-shops-with-a2x-for-shopify/ Learn how A2X can integrate with Facebook Shops in order to give you automated and accurate accouting for your business. There’s no other digital marketing opportunity quite like social media. It’s one of the easiest ways to spread the word about your brand, engage potential local and international customers – and ultimately grow your e-commerce business. Facebook has dominated the social media market for a decade. Not only is it the platform of choice for connecting with family and friends, but it’s also the go-to marketing tool for most business owners. https://www.a2xaccounting.com/blog/uk-ecommerce-accounting-software-for-amazon-fba-and-shopify/ Mon, 06 Jul 2020 23:09:03 +0000 https://www.a2xaccounting.com/blog/uk-ecommerce-accounting-software-for-amazon-fba-and-shopify/ Running an ecommerce business in the UK comes with a unique set of challenges and opportunities. Regardless of whether you’re selling on Amazon, Shopify or another digital avenue, you need to have accurate financials in order to make sound business decisions. Many digital entrepreneurs (and their bookkeepers) manually enter the sales or payout data into their accounting system. While it may seem like a suitable solution in the beginning, this can result in more work and a wide range of issues such as reporting errors, difficulties with comparing the performance of different channels and time periods, and challenges when it comes to selling your business down the line. https://www.a2xaccounting.com/blog/the-ultimate-list-of-tools-for-amazon-uk-sellers/ Mon, 06 Jul 2020 22:23:52 +0000 https://www.a2xaccounting.com/blog/the-ultimate-list-of-tools-for-amazon-uk-sellers/ Streamline your operations and get ahead of the competition. Here are the top tools you need to be using if you’re selling on Amazon UK. In 2002, Amazon launched its UK marketplace, allowing third-party sellers to sell their products to local and international Amazon customers. Over the past 18 years, Amazon UK has grown to be the second-largest marketplace in Europe, and thanks to Europe’s version of Fulfilment by Amazon (FBA) – called the European Fulfilment Network (EFN) – over 280,000 UK sellers use the online marketplace. https://www.a2xaccounting.com/blog/6-common-accounting-mistakes-that-fba-sellers-make/ Fri, 12 Jun 2020 02:38:37 +0000 https://www.a2xaccounting.com/blog/6-common-accounting-mistakes-that-fba-sellers-make/ This is a guest post from our partners at Bean Ninjas. Did you know that more than 50% of Amazon’s $280 billion in revenue comes from FBA sellers? The competition for sales has only grown with FBA sellers doing anything they can to get an edge. In some cases, this includes unethical or downright criminal practices to get more sales or hurt their competition. So, the last thing you want to do is create self-inflicted problems. https://www.a2xaccounting.com/blog/how-to-get-reconciled-shopify-pos-accounting/ Tue, 09 Jun 2020 08:42:19 +0000 https://www.a2xaccounting.com/blog/how-to-get-reconciled-shopify-pos-accounting/ As a busy retail shop owner, your time is spread across a wide range of activities every week. Whether it’s looking after customers, managing staff or setting up your systems for success, the last thing you want to do is create unnecessary work. And while simplicity is a virtue in any business, the retail landscape has grown much more complex thanks to the prominence of the internet. Customers expect us to be present on social media, have an online store, and provide a range of shopping options to suit their preferences. https://www.a2xaccounting.com/blog/amazon-pay-accounting-and-reconciliation-with-a2x/ Fri, 05 Jun 2020 02:21:37 +0000 https://www.a2xaccounting.com/blog/amazon-pay-accounting-and-reconciliation-with-a2x/ Finally a way to accurately automate your Amazon pay accounting and reconciliation with A2X for Amazon. Here’s how. When customers check out with Amazon Pay, the sales proceeds arrive in the merchant bank account up to two weeks later. They are batched with other transactions and various fees are deducted. Often the merchant has no way to account for the fees or to reconcile the funds received with the sales orders they see in Shopify or other sales channels. https://www.a2xaccounting.com/blog/ebay-bookkeeping-made-simple-with-a2x/ Wed, 03 Jun 2020 20:00:00 +0000 https://www.a2xaccounting.com/blog/ebay-bookkeeping-made-simple-with-a2x/ It’s official! A2X for eBay is here, and we are excited to be a part of this ecommerce giant’s journey. Now, sellers on eBay’s global marketplaces can benefit from A2X’s award-winning ecommerce accounting offering and integrate it directly with Managed Payments and Xero or QuickBooks Online. And that global marketplace is rather large: Source. Any ecommerce seller will know that bookkeeping is an essential, albeit time-consuming, part of running their business. https://www.a2xaccounting.com/blog/amazon-fba-seller-accounting/ Tue, 02 Jun 2020 08:51:27 +0000 https://www.a2xaccounting.com/blog/amazon-fba-seller-accounting/ Accurate accounting thanks to seamless integration With the number of apps and technology available today for e-commerce sellers, manual accounting processes can be – and should be – a thing of the past. There are few other business tasks as essential, yet labour-intensive, as accounting. It can both drive the growth of your business forward, and at the same time, completely overwhelm you. There is a time and a place for manual spreadsheets and processes, often best used at the start of your Amazon FBA journey when order numbers are low. https://www.a2xaccounting.com/blog/buyers-guide-to-shopify-automation/ Thu, 14 May 2020 18:00:37 +0000 https://www.a2xaccounting.com/blog/buyers-guide-to-shopify-automation/ Shopify is one of the biggest names in ecommerce, so big that it’s hard to remember a time when the platform didn’t exist. Over the past 15 years, Shopify has well and truly carved its name into the web application hall of fame, offering traditional retailers and entrepreneurs alike the freedom and wealth of ecommerce. With a myriad of different ecommerce platforms available to today’s keen entrepreneurs, there are many reasons why Shopify’s star shines so bright. https://www.a2xaccounting.com/blog/how-to-fulfil-orders-on-shopify/ Thu, 07 May 2020 18:00:18 +0000 https://www.a2xaccounting.com/blog/how-to-fulfil-orders-on-shopify/ Congratulations! If you’re here, it’s probably because you have most of the building blocks in place for your Shopify store. You’ve chosen an in-demand product, you’ve set up your Shopify account and listed your products for sale. Now, you want to understand fulfilment options. This guide will give you an overview of fulfilment so that you can choose the best option to suit your business. It covers: Fulfilment methods. Fulfilment setup. https://www.a2xaccounting.com/blog/how-to-set-up-shopify-payments-and-link-to-your-accounting/ Tue, 05 May 2020 03:22:33 +0000 https://www.a2xaccounting.com/blog/how-to-set-up-shopify-payments-and-link-to-your-accounting/ Entrepreneurs love Shopify – it’s the full package. One platform with all the ecommerce and point-of-sale features you need to build, grow and run your business, including its very own payment gateway – Shopify Payments. Shopify Payments was formed in 2013 through a partnership between Shopify and payment provider Stripe. If it’s the right fit for your business, you can start accepting credit card payments quickly and easily, and it means you don’t need to pay for and integrate a third-party option. https://www.a2xaccounting.com/blog/how-to-offer-free-shipping-on-shopify-to-boost-sales/ Tue, 05 May 2020 03:20:45 +0000 https://www.a2xaccounting.com/blog/how-to-offer-free-shipping-on-shopify-to-boost-sales/ Boost your sales with a free shipping incentive Free shipping is well proven to be one of the most enticing offers that online stores can give their customers. When used effectively, it can increase the total amount a person is willing to spend at your store. But sometimes e-commerce sellers are hesitant to offer free shipping because they fear they’ll lose out – free shipping isn’t exactly ‘free’ after all, someone still has to pay for it. https://www.a2xaccounting.com/blog/how-to-add-google-analytics-to-shopify/ Tue, 05 May 2020 03:18:54 +0000 https://www.a2xaccounting.com/blog/how-to-add-google-analytics-to-shopify/ A super simple guide for new e-commerce store owners The best way to improve your Shopify store is to learn as much as you can about your customers – like how they find and browse your store. For traditional retail stores, that information is relatively easy to come by – you can simply ask your customers in person. But for e-commerce store owners who never come face-to-face with their customers, this can be a challenge. https://www.a2xaccounting.com/blog/what-to-sell-on-shopify/ Thu, 23 Apr 2020 18:00:00 +0000 https://www.a2xaccounting.com/blog/what-to-sell-on-shopify/ The research involved, sourcing, and back-office set-up Shopify isn’t just an e-commerce platform, it’s arguably the best e-commerce platform, and it has significantly changed the way products are sold worldwide. It has all the e-commerce and point of sale features you need to start, run and grow your business from practically anywhere in the world. While starting an e-commerce store on Shopify is as simple as clicking a few buttons, building a successful business that turns a profit and grows is slightly more complex. https://www.a2xaccounting.com/blog/buyers-guide-to-amazon-fba-automation/ Thu, 16 Apr 2020 18:00:52 +0000 https://www.a2xaccounting.com/blog/buyers-guide-to-amazon-fba-automation/ See our updated guide for Amazon automation in 2021 here. Every online retailers’ dream is to grow a successful business, and while it’s not the reality for some (some products just won’t sell), it has been and can be attainable for many. Since its inception 25 years ago, Amazon has evolved to become the largest online marketplace in the United States. Amazon’s customer base by far exceeds that of its competitors, with 12 marketplaces worldwide generating US$280. https://www.a2xaccounting.com/blog/find-a-shopify-seo-expert/ Thu, 02 Apr 2020 21:00:24 +0000 https://www.a2xaccounting.com/blog/find-a-shopify-seo-expert/ Top things to consider when looking for professional help For those who want to do more than break even with their Shopify store – which is most people! – it isn’t enough to just create a store, add your products, and expect your customers to be able to find you. If you want to turn a profit with a great e-commerce store, you need to market your products – including search engine optimisation (SEO). https://www.a2xaccounting.com/blog/how-to-remove-powered-by-shopify-from-your-store/ Thu, 26 Mar 2020 21:00:29 +0000 https://www.a2xaccounting.com/blog/how-to-remove-powered-by-shopify-from-your-store/ Simple instructions for removing Shopify’s branding By default, when you create a new Shopify online store, the branding ‘Powered by Shopify’ is automatically added in two different places: the first, your store’s footer, and the second, on your store’s password page (if your website is password protected or not yet live). This is to let customers know that you have used Shopify to build your online store. For some Shopify sellers, the ‘Powered by Shopify’ brand isn’t a bother. https://www.a2xaccounting.com/blog/sync-shopify-to-your-accounting-system/ Thu, 12 Mar 2020 21:00:49 +0000 https://www.a2xaccounting.com/blog/sync-shopify-to-your-accounting-system/ Why it’s important and the benefits of integration An important part of setting up your Shopify store is connecting your Shopify account with your chosen accounting system. The best accounting software and tools for your Shopify business are ones that can be easily integrated with Shopify to allow the seamless flow of your financial data. This guide will explain how you can integrate Shopify with your accounting system, why it’s important – and what the benefits are of having the two connected. https://www.a2xaccounting.com/blog/amazon-fba-warehouse-locations-and-sales-tax/ Tue, 03 Mar 2020 22:24:14 +0000 https://www.a2xaccounting.com/blog/amazon-fba-warehouse-locations-and-sales-tax/ Amazon FBA Warehouse Locations Keeping on top of your inventory and the different sales tax rates associated with each state can be a juggle. There’s nexus to consider, both physical and economic, as well as local sales tax which drives the total state tax rate up. Of the 50 US states (plus Washington DC), Amazon currently owns and operates fulfilment centres in 27. As an FBA seller, it’s important that you know this because it influences which states you should be collecting sales tax in. https://www.a2xaccounting.com/blog/how-to-change-your-store-name-on-shopify/ Tue, 11 Feb 2020 22:16:12 +0000 https://www.a2xaccounting.com/blog/how-to-change-your-store-name-on-shopify/ As a new Shopify store owner, choosing the right name for your business can be a mammoth task. When you do finally decide on a name and set up shop, it’s natural to consider a name change. Maybe you’ve found a name that better aligns with your brand than the one you first chose. Perhaps you’ve decided to shift into a different niche market – or, you simply changed your mind. https://www.a2xaccounting.com/blog/guide-to-shopify-fulfilment-network/ Wed, 29 Jan 2020 01:38:42 +0000 https://www.a2xaccounting.com/blog/guide-to-shopify-fulfilment-network/ On June 19th, 2019, Shopify announced their largest development to date - the Shopify Fulfilment Network (SFN). Through combining sophisticated machine learning systems with a geographically dispersed network of warehousing facilities, Shopify aims to make it easier for online sellers to successfully grow their brands. “Shopify is known for having simplified the online shopping experience, and we are now taking this one step further — making the fulfillment systems and technology that used to be reserved for the largest companies in the world accessible and affordable to every merchant, even those just starting to take off. https://www.a2xaccounting.com/blog/how-to-collect-amazon-sales-tax/ Tue, 24 Dec 2019 13:08:10 +0000 https://www.a2xaccounting.com/blog/how-to-collect-amazon-sales-tax/ As an ecommerce marketplace seller, you probably know you should be collecting sales tax. Items sold and distributed within the US and Canada are usually subject to sales tax. That part’s straightforward, but how much to collect is a different story altogether. How Amazon calculates sales tax is also a little complicated. In the US, each state has its own state or local tax rate. Some have both. In Canada, you pay a federal-level tax called GST, then depending on where the sale was made, you’ll also pay varying levels of local tax. https://www.a2xaccounting.com/blog/how-to-collect-shopify-sales-tax/ Tue, 17 Dec 2019 13:08:58 +0000 https://www.a2xaccounting.com/blog/how-to-collect-shopify-sales-tax/ Sales tax is a fact of life for all ecommerce sellers. If you’re not currently collecting it, you’re probably not meeting your tax obligations. Every product sold in the US and Canada (whether you’re a local or not), will likely be liable for sales tax. The real question is not whether you should be paying, but how much. And this is where things get tricky. Excluding the N.O.M.A.D. states, every US state has a tax rate, and some additional jurisdictions with their own applicable rates too. https://www.a2xaccounting.com/blog/shopify-seo-tips/ Tue, 10 Dec 2019 13:08:50 +0000 https://www.a2xaccounting.com/blog/shopify-seo-tips/ It’s the age-old question any business faces: how do you get more customers? For Shopify retailers, it’s not a simple matter of building a beautiful store to draw shoppers. To increase your online visibility, you need to make it easy for your customers to find you. This is where you can use search engine optimisation (SEO) to improve your store’s ranking, organic website traffic, and ultimately, customer purchases. Think of SEO as external signage on a physical store, without it, how are customers to know what you sell, let alone where to find you? https://www.a2xaccounting.com/blog/guide-to-selling-your-shopify-store/ Thu, 14 Nov 2019 22:00:30 +0000 https://www.a2xaccounting.com/blog/guide-to-selling-your-shopify-store/ Making the decision to sell your business isn’t easy. But if your heart isn’t in the game anymore, or you’re ready for a new challenge, then it might be time to pass the baton. If you’re ready to sell your Shopify store, or you’re at least considering your options, this guide will show you how to prepare your business for sale. From store valuation methods through to posting a business listing online, you’ll be well on your way to the next chapter of your life in no time. https://www.a2xaccounting.com/blog/how-to-drive-traffic-to-your-shopify-store/ Thu, 07 Nov 2019 22:00:36 +0000 https://www.a2xaccounting.com/blog/how-to-drive-traffic-to-your-shopify-store/ Marketing tips and tricks on how to drive traffic and sales You’ve launched your Shopify store – congratulations! Now that you’ve set up shop and you’re ready to market your products to the world, the next step is to think about how you’re going to drive traffic to your online store. You need customers! As an e-commerce merchant, attracting new customers and driving organic or paid traffic to your website is key to all parts of your business; brand awareness, customer engagement, sales and return purchases. https://www.a2xaccounting.com/blog/accounting-software-for-shopify/ Thu, 31 Oct 2019 10:00:22 +0000 https://www.a2xaccounting.com/blog/accounting-software-for-shopify/ You’ve mastered Shopify, your sales are on the rise, and it seems your ecommerce venture is flourishing… but, you’re making most of these assumptions based on the balance in your bank account. The only way to actually be certain if your Shopify store is making a profit is accurate accounting. This is why you’re exploring “the best accounting software for Shopify merchants”, or something along those lines. You know it’s time to get insight into your business’s cash flow, and build and regularly review a Profit and Loss Statement (P&L) and Balance Sheet. https://www.a2xaccounting.com/blog/a2x-xero-awards-2019/ Mon, 21 Oct 2019 04:09:15 +0000 https://www.a2xaccounting.com/blog/a2x-xero-awards-2019/ Thanks to your incredible support over the years, A2X has been named a finalist in the 2019 Xero Awards in the Emerging App of the Year category for the release of our Shopify accounting tool, A2X for Shopify. The Xero Awards 2019 are all about recognising and celebrating diverse partner firms, apps and small businesses. Basically, it celebrates those who are doing extraordinary things in the life of their businesses. https://www.a2xaccounting.com/blog/best-apps-to-automate-your-shopify-store/ Thu, 05 Sep 2019 09:46:32 +0000 https://www.a2xaccounting.com/blog/best-apps-to-automate-your-shopify-store/ As a seller, you’ll know the beauty of ecommerce is that you can run your business and sell your products from anywhere, to anyone in the world. While that creates accessibility and flexibility, it doesn’t necessarily make business any easier. Automating your store functions is the best way to streamline your ecommerce business, removing the manual work, so you can concentrate on more valuable tasks; the ones necessary to growing your business. https://www.a2xaccounting.com/blog/a2x-named-xeros-app-partner-of-the-month-for-september-2019/ Tue, 03 Sep 2019 19:00:27 +0000 https://www.a2xaccounting.com/blog/a2x-named-xeros-app-partner-of-the-month-for-september-2019/ A2X, the worlds leading Shopify and Amazon accounting connector has been named by Xero as it’s App Partner of the Month for September 2019. A2X has been helping thousands of you across the world to automate, streamline and accurately account for all of your, or your client’s e-commerce sales for over 5 years now. The launch of our new product, A2X for Shopify is now helping Shopify stores all across the globe to accurately account for their Shopify sales inside of Xero. https://www.a2xaccounting.com/blog/best-shopify-apps-to-increase-sales/ Thu, 29 Aug 2019 09:41:46 +0000 https://www.a2xaccounting.com/blog/best-shopify-apps-to-increase-sales/ You’ve set up your Shopify store and now you’re ready to grow your business, and that means increasing sales. Shopify’s App Store is full of free and paid plugins you can easily integrate and use to your advantage. Too much choice, though, makes it hard to know where to invest your time – and sometimes money. So, we’ve done the research for you, compiling a list of the top ten apps you need to grow your turnover and revenue. https://www.a2xaccounting.com/blog/leveraging-tech-to-take-on-large-scale-clients/ Thu, 22 Aug 2019 03:00:08 +0000 https://www.a2xaccounting.com/blog/leveraging-tech-to-take-on-large-scale-clients/ How A2X has been a key player in Catching Clouds growth Ecommerce accounting firm, Catching Clouds, based in the US, works with established ecommerce sellers producing a turnover of between one and $50 million. They’re considered leaders in the mid-to-high-range seller market because of their focus on high-quality tech to help their clients automate business operations. Co-founder Scott Scharf has worked hard to create a well-known, high-tech brand - working closely with other leading tech brands like Xero and Gusto. https://www.a2xaccounting.com/blog/welcome-financly-bookkeeping-solutions-a2xs-first-canadian-partner/ Tue, 13 Aug 2019 02:08:34 +0000 https://www.a2xaccounting.com/blog/welcome-financly-bookkeeping-solutions-a2xs-first-canadian-partner/ We are excited to welcome Financly Bookkeeping Solutions as A2X’s first Canadian Partner. Teresa Slack is one of the two owners and founders of Financly Bookkeeping Solutions - a cloud-based, virtual bookkeeping service for modern businesses that need a dynamic accounting team. With over 30 years of experience, she is not only skilled at financial record keeping and reporting, but also setting up systems, business management, sales and marketing, forecasting and much more. https://www.a2xaccounting.com/blog/how-to-review-a2x-on-amazon-app-store/ Wed, 07 Aug 2019 13:33:53 +0000 https://www.a2xaccounting.com/blog/how-to-review-a2x-on-amazon-app-store/ Amazon apps now have a home for reviews, and A2X is front and center here. Reviews mean a lot to us at A2X, but they also mean a lot to you, all the new customers that are looking for solutions to their e-commerce accounting. The thousands of positive experiences our customers have helps to guide new customers to our solution so that it might help them too. The proof is in the pudding, as you can see from the hundreds of reviews that you, the person accounting for your e-commerce sales, have taken the time to share on the independent app websites that are most relevant to you and your colleagues, from Capterra, Shopify, Apps. https://www.a2xaccounting.com/blog/sales-tax-nexus-trends-what-amazon-sellers-need-to-know/ Thu, 13 Jun 2019 17:00:56 +0000 https://www.a2xaccounting.com/blog/sales-tax-nexus-trends-what-amazon-sellers-need-to-know/ The past year has been unprecedented in terms of sales tax law changes that impact online sellers. The whirlwind began after the U.S. Supreme Court handed down its decision in South Dakota v. Wayfair in June 2018. The Wayfair decision is all about nexus – the level of connection between your business and the state that obligates you to register and collect sales tax. The Supreme Court ruled that physical presence is no longer the main requirement for creating nexus, that it can also be created when a seller’s sales into a state exceed certain economic thresholds. https://www.a2xaccounting.com/blog/peace-of-mind-with-a2x-and-taxjar/ Wed, 01 May 2019 02:15:17 +0000 https://www.a2xaccounting.com/blog/peace-of-mind-with-a2x-and-taxjar/ If you’re getting serious about your Amazon ecommerce business, you’ll already have yourself dedicated cloud-based accounting software, like Xero or QuickBooks Online. Hopefully, you’ll also have integrated A2X so you have timely, usable sales data and reporting at your fingertips. The next thing you need? Sales-tax software. The cold hard truth is that if you’re selling via Amazon FBA, at some point you’re going to be paying sales tax – and that’s when your accounting can get complicated, especially if you’re selling in the US. https://www.a2xaccounting.com/blog/announcing-a2x-for-shopify/ Fri, 15 Mar 2019 10:00:40 +0000 https://www.a2xaccounting.com/blog/announcing-a2x-for-shopify/ You asked and we listened. After many months of development and hard work behind the scenes, we’re thrilled to announce that our latest integration is here: A2X for Shopify. During the past four and a half years, we have helped thousands of Amazon sellers and accountants to simplify their bookkeeping by automating the process of importing financial information into Xero and QuickBooks Online. Through accounting for settlements rather than individual transactions, A2X provides a highly accurate and scalable method of recording transactions. https://www.a2xaccounting.com/blog/amazon-fba-business-plan-template/ Sun, 03 Mar 2019 18:43:51 +0000 https://www.a2xaccounting.com/blog/amazon-fba-business-plan-template/ So you’ve ticked off everything on your business plan checklist down to a T. All products are ready to be listed, supply arrangements sorted, distributor partnerships signed, all packages properly labelled, and Amazon system records on point. Great! So you’ve got an FBA business. Or do you? If you’ve made it to this stage, the good news is that you’re off to an excellent start. The bad news? Listing products on Amazon is just the tip of the iceberg. https://www.a2xaccounting.com/blog/effect-us-trade-tariffs-on-ecommerce-sellers/ Wed, 27 Feb 2019 20:59:14 +0000 https://www.a2xaccounting.com/blog/effect-us-trade-tariffs-on-ecommerce-sellers/ An Interview with the Owner of a US-Based Manufacturer and Online Retailer with Karen Brady Part One here. This company uses both CNC components produced in the US, and imported components designed in the US and manufactured in Chinese factories. The final retail products are assembled in the US and sold on from their website. Following on from the interview with ExportX’s Paul Grey, I continue my investigation into the mechanics of import/export and how the US-China Trade Wars have impacted his and other companies. https://www.a2xaccounting.com/blog/amazon-fba-secret-recipe-for-success/ Sun, 10 Feb 2019 19:50:15 +0000 https://www.a2xaccounting.com/blog/amazon-fba-secret-recipe-for-success/ Every year, the Amazon marketplace grows and morphs into something new. What was once an obscure online bookstore has come to dominate online retail throughout much of the world, so it’s no wonder that new sellers are flocking to get a piece of the pie all the time. In this article, we look at the ecommerce landscape for Amazon sellers, how to get started, and what they need to succeed. https://www.a2xaccounting.com/blog/lazy-entrepreneur-podcast/ Thu, 07 Feb 2019 19:50:03 +0000 https://www.a2xaccounting.com/blog/lazy-entrepreneur-podcast/ A2X was featured on the Lazy Entrepreneur Podcast this week. Where long time business owner and A2X user, Sam Priestley showed his listeners the details of the day-to-day of his Amazon FBA accounting. He goes into depth on how he combines a traditional accountant, bookkeeping software and A2X to handle a large international Amazon FBA business. Explaining it all to his wife and business partner Emma who has no experience whatsoever with accounting or bookeeping. https://www.a2xaccounting.com/blog/the-definitive-guide-to-amazon-1099k-reports-for-amazon-sellers/ Mon, 04 Feb 2019 02:05:00 +0000 https://www.a2xaccounting.com/blog/the-definitive-guide-to-amazon-1099k-reports-for-amazon-sellers/ The Amazon 1099k (or sometimes just called the 1099 or “ten-ninety-nine”) is the one report we get asked about so often at A2X; ‘How do I match the 1099K to my sales, how do I know where Amazon gets their numbers, what does this all mean and why does it never easily balances back to your business management accounting?’. Now, while we will cover off on all those questions in this blog and the supporting material, this task is something that is really not necessary. https://www.a2xaccounting.com/blog/new-book-profit-first-for-e-commerce-sellers/ Mon, 28 Jan 2019 20:56:05 +0000 https://www.a2xaccounting.com/blog/new-book-profit-first-for-e-commerce-sellers/ Specialist e-commerce accountant, bookskeep founder Cyndi Thomason’s new book, “Profit First for E-commerce Sellers” has just been published and is now available on Amazon and Barnes & Noble. ‘Profit First’ is a cashflow management methodology for small businesses created by Mike Michalowicz. Cyndi Thomason has taken the core concepts of the Profit First methodology and customised them to address the specific needs of the e-commerce business. Cyndi is the guru in applying Profit First to e-commerce businesses to help them achieve true profitability and business sustainability. https://www.a2xaccounting.com/blog/qb-appy-hour-features-a2x/ Sun, 20 Jan 2019 10:00:47 +0000 https://www.a2xaccounting.com/blog/qb-appy-hour-features-a2x/ A2X was featured on the QB Appy Hour last month. Ellen and I showed how A2X can automate Amazon accounting as part of an overall ecommerce accounting workflow. Check out the recording below: https://www.a2xaccounting.com/blog/using-spreadsheets-for-your-amazon-accounting-heres-how-it-compares-to-a2x/ Thu, 03 Jan 2019 23:32:35 +0000 https://www.a2xaccounting.com/blog/using-spreadsheets-for-your-amazon-accounting-heres-how-it-compares-to-a2x/ Still using a spreadsheet for your Amazon accounting? You could be making a huge mistake. One that will cost you far more than the money you might save not using accounting software… In this guide about using spreadsheets vs. A2X for your accounting: Table of Contents Accounting for Amazon Sellers Accounting Before A2X Accounting with A2X Step into the Future of Ecommerce Accounting with A2X Also on the blog Want to feel completely confident in your ecommerce bookkeeping? https://www.a2xaccounting.com/blog/infographic-amazon-seller-fees/ Tue, 18 Dec 2018 23:39:04 +0000 https://www.a2xaccounting.com/blog/infographic-amazon-seller-fees/ There are many fees involved in selling on Amazon. Amazon charges you a fee for just about everything it does within the sale and delivery process. However, most sellers find that these fees are well worth it and allow them to focus more on scaling their business and less on the fulfilment side. Fulfilment and processing of orders is really what takes up a lot of manual time in a physical products ecommerce business. https://www.a2xaccounting.com/blog/aws-facts-stats/ Mon, 17 Dec 2018 17:59:49 +0000 https://www.a2xaccounting.com/blog/aws-facts-stats/ Amazon is probably best known for its online marketplace, but they’re involved in more than ecommerce. Amazon is also a leading Cloud service solution, and offers Amazon Prime Video for streaming television shows and films. Table of Contents Amazon Web Services Why Choose Amazon Web Services (AWS) for Website Hosting? Amazon Prime Video Top 3 Reasons Amazon Prime Video is a Top Competitor Simplify Your Amazon Accounting with A2X Also on the blog The best advice and insights for selling on Amazon this year There’s a lot to know when it comes to selling on Amazon. https://www.a2xaccounting.com/blog/quickbooks-firm-of-the-future-finalist-reconciled-chooses-a2x/ Thu, 15 Nov 2018 07:37:36 +0000 https://www.a2xaccounting.com/blog/quickbooks-firm-of-the-future-finalist-reconciled-chooses-a2x/ A2X is used by Firm of the Future finalist, Reconciled, for their Amazon accounting automation. Intuit has published the finalist videos - A2X gets a special mention as a tool that helps Reconciled with Amazon accounting. We’re thrilled to be in such great company - thanks for the shout out, Reconciled! Check out the video here: https://www.a2xaccounting.com/blog/introducing-a2x-for-quickbooks-desktop/ Mon, 05 Nov 2018 06:00:42 +0000 https://www.a2xaccounting.com/blog/introducing-a2x-for-quickbooks-desktop/ You’ve asked, and we’ve listened. Today, we are pleased to announce that A2X will be adding support for QuickBooks Desktop into our core A2X product! With [more than 2.8 million subscribers]( https://investors.intuit.com/Press-Releases/Press-Release-Details/2018/Intuit-Second-quarter-Revenue-Increased-15-Percent-QuickBooks Online-Subscribers-Up-51-Percent/default.aspx), Intuit’s QuickBooks Online product is the largest self-serving accounting system in the world by users, and QuickBooks Desktop makes up a large chunk of that. What Does This Mean for Users? Well if you’re a QuickBooks Desktop user, that means you can export your Amazon settlements from A2X, and then automatically import them into QuickBooks Desktop. https://www.a2xaccounting.com/blog/xero-features-a2x-for-innovation-and-success/ Tue, 30 Oct 2018 03:05:31 +0000 https://www.a2xaccounting.com/blog/xero-features-a2x-for-innovation-and-success/ Xero recently featured A2X showcasing innovation and success on the Xero platform. Xero describes A2X as “clever software [that] makes Amazon accounting easy” You can read the full article over on the Xero blog. https://www.a2xaccounting.com/blog/why-most-amazon-seller-businesses-dont-work-and-what-to-do-about-it/ Tue, 16 Oct 2018 23:01:08 +0000 https://www.a2xaccounting.com/blog/why-most-amazon-seller-businesses-dont-work-and-what-to-do-about-it/ Michael Gerber is widely regarded as one of the top small business gurus of all time. He authored the bestselling book The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It, along with more than 30 other educational commerce guides. Over the past 40 years, Michael has been educating and empowering small business owners around the world, helping them to succeed and essentially create businesses that are very attractive for acquisition. https://www.a2xaccounting.com/blog/intelligent-automation-for-the-amazon-seller/ Fri, 12 Oct 2018 02:03:02 +0000 https://www.a2xaccounting.com/blog/intelligent-automation-for-the-amazon-seller/ It’s a reality. Our world is becoming more automated every single day. Integrations connect different apps, plugins are able to handle large amounts of information with ease, and businesses are turning to automation for their workflows and processes to scale up with speed and resilience. At first glance, automation might seem out of reach for many Amazon sellers. What was once the domain of large organizations with deep pockets is now accessible to anyone with a laptop and a ‘can do’ attitude. https://www.a2xaccounting.com/blog/amazon-fba-in-the-uk-and-how-a2x-makes-accounting-so-much-easier/ Tue, 02 Oct 2018 22:03:16 +0000 https://www.a2xaccounting.com/blog/amazon-fba-in-the-uk-and-how-a2x-makes-accounting-so-much-easier/ This article is has been written with our good friends at OD Accountants in the UK. It discusses the growth of Amazon FBA in the UK and how OD Accountants have been working though the challenges of Amazon accounting with the help of A2X. During recent years, online marketplaces have transformed the way we shop. Amazon brings together sellers, merchants and businesses in almost every industry into a highly competitive marketplace. https://www.a2xaccounting.com/blog/what-is-sales-tax/ Thu, 20 Sep 2018 16:00:05 +0000 https://www.a2xaccounting.com/blog/what-is-sales-tax/ This article is a guest post from our good friends at MuseMinded. They have teamed up with The Tax Butler to offer a free sales tax starter kit for US-based Amazon sellers. This is the first blog in a three-part series which looks at the basics of sales tax for ecommerce sellers and where you can find help. The next two parts cover: Sales tax strategies for Amazon FBA sellers in the United States. https://www.a2xaccounting.com/blog/growing-and-selling-amazon-fba-with-tyler-jefcoat/ Tue, 18 Sep 2018 05:05:54 +0000 https://www.a2xaccounting.com/blog/growing-and-selling-amazon-fba-with-tyler-jefcoat/ A few weeks ago, we had a chat with Tyler Jefcoat about starting, growing and selling Amazon FBA businesses. Tyler is the co-founder of Seller Accountant - an eCommerce bookkeeping company dedicated to supporting Amazon sellers. Unlike traditional accounting firms, the team at Seller Accountant take a holistic approach towards supporting their clients by advising them from an entrepreneurial standpoint and considering a much wider range of factors than simply financial metrics. https://www.a2xaccounting.com/blog/sales-tax-understand-your-obligations/ Fri, 14 Sep 2018 16:00:13 +0000 https://www.a2xaccounting.com/blog/sales-tax-understand-your-obligations/ Sales tax for ecommerce sellers is relatively new and continually evolving. When bricks-and-mortar stores were the only retailers, knowing where to pay your taxes and to whom was straight forward. You had a physical location which gave you “ nexus” in a particular state; a link strong enough that you needed to pay tax, and that was pretty much the end of the story. With millions of dollars moving into the cloud space and no physical locations to pin them to, governments faced two problems: https://www.a2xaccounting.com/blog/xero-awards-2018-a2x-is-a-finalist/ Thu, 09 Aug 2018 06:16:26 +0000 https://www.a2xaccounting.com/blog/xero-awards-2018-a2x-is-a-finalist/ Our trip to Xerocon Brisbane next month just got a little more exciting with the news that A2X has been shortlisted as an Award finalist in the category of: ‘Industry specific app partner’ As an app partner, A2X solves a very specific problem for Amazon sellers and is recommended by Accountants and bookkeepers as a necessary tool to automate the reconciliation of settlements paid by Amazon to its Sellers. We’re looking forward to being in good company on September 4th at the awards event. https://www.a2xaccounting.com/blog/5-growth-opportunities-for-amazon-fba-sellers/ Wed, 20 Jun 2018 18:00:53 +0000 https://www.a2xaccounting.com/blog/5-growth-opportunities-for-amazon-fba-sellers/ Are you looking to grow your business but don’t really know where to start? Whether you’re new to selling on Amazon or have been doing it for years, you should always have your eyes set on growth. That means setting goals, outlining how you’ll achieve them, regularly checking your progress and making adjustments as needed. So, how can you actually get to work growing your business? There are a wealth of tips, tricks and hacks out there so below, we’ve focused on five of the key things you can start doing now: https://www.a2xaccounting.com/blog/taxes-thresholds-and-penalties-understanding-changing-tax-law-in-rhode-island/ Mon, 28 May 2018 00:17:54 +0000 https://www.a2xaccounting.com/blog/taxes-thresholds-and-penalties-understanding-changing-tax-law-in-rhode-island/ This article was written and published in 2018. Ecommerce tax regulations are constantly changing and location-dependent, so for the most up-to-date information, always consult your accountant or the official government websites for your state. We also have a complete guide on collecting Amazon sales tax here with appropriate links and advice. As more and more international businesses start to sell through Amazon, understanding the ins and outs of US tax law becomes increasingly important. https://www.a2xaccounting.com/blog/new-taxes-new-issues-understanding-washingtons-marketplace-facilitator-tax/ Thu, 17 May 2018 23:12:03 +0000 https://www.a2xaccounting.com/blog/new-taxes-new-issues-understanding-washingtons-marketplace-facilitator-tax/ If you’re an Amazon seller with sales in the state of Washington, you may have noticed some changes to the way your sales tax appears in your A2X reports. This is the result of the new ‘Marketplace Facilitator Tax’ that was introduced in January this year. While this specific tax only applies to sales in Washington State, other states are introducing similar taxes of their own, which will affect Amazon sellers in the future. https://www.a2xaccounting.com/blog/how-a2x-lets-acuity-do-more-for-their-clients-automated-accurate-affordable/ Fri, 11 May 2018 07:55:35 +0000 https://www.a2xaccounting.com/blog/how-a2x-lets-acuity-do-more-for-their-clients-automated-accurate-affordable/ Acuity is a US-based accounting firm that specialises in bookkeeping and accounting for small businesses. They are tech leaders in the accounting field, and are always looking for ways to make their work more efficient and save money for clients. A2X does just that, by helping them to automate some complex processes, get accurate numbers, and speed up their results. After implementing A2X and seeing the difference it made, the team at Acuity recommends it to all their Amazon clients. https://www.a2xaccounting.com/blog/a2x-is-a-member-of-the-amazon-marketplace-developer-council/ Sat, 21 Apr 2018 00:48:49 +0000 https://www.a2xaccounting.com/blog/a2x-is-a-member-of-the-amazon-marketplace-developer-council/ We’re excited to announce that A2X will be participating in the new Amazon Marketplace Developer Council. The developer council consists of a group of developers and organizations that extensively use the Amazon Marketplace APIs to create useful software apps for Amazon sellers. Through participation in the Amazon Marketplace Developer Council, A2X will be offering input towards the roadmap and future development priorities for the Amazon marketplace APIs. What does this mean for the future of Amazon? https://www.a2xaccounting.com/blog/a2x-bookskeep-and-backdating-the-books/ Wed, 11 Apr 2018 01:14:12 +0000 https://www.a2xaccounting.com/blog/a2x-bookskeep-and-backdating-the-books/ bookskeep is a US-based bookkeeping firm that specialises in ecommerce businesses. They’ve been around since 2014, and have been an A2X partner since 2017. bookskeep has a high number of clients using QuickBooks Online, although they’re seeing an increasing number of Xero users too. Recently, the bookskeep team helped a client who needed to rebuild their financial records in order to sell their business – and they realised the true value of A2X. https://www.a2xaccounting.com/blog/tax-planning-for-international-amazon-sellers-in-the-us/ Mon, 12 Mar 2018 01:38:12 +0000 https://www.a2xaccounting.com/blog/tax-planning-for-international-amazon-sellers-in-the-us/ If you’re an international seller wanting to break into the US market, an ecommerce giant like Amazon might appear to be a straightforward solution. With a 45% US ecommerce market share, a little bit of time spent creating an online store on Amazon and managing fulfilment certainly looks worth the investment. What many international sellers don’t realise, however, is that the story doesn’t end (or even begin) there. State and federal tax laws come into play, as well as banking regulations and business registrations, all of which need to be organised before any selling ought to take place. https://www.a2xaccounting.com/blog/8-inventory-financing-options-for-amazon-sellers/ Wed, 28 Feb 2018 21:31:25 +0000 https://www.a2xaccounting.com/blog/8-inventory-financing-options-for-amazon-sellers/ Financing inventory can be intimidating and often stressful even for bigger sellers. But, it doesn’t have to be. When you’re short on much-needed inventory, it’s easy to make rash decisions when it comes to financing it. The best thing you can do is take a step back, do your research and consider your options. 1. Money in the Bank If you have enough personal savings to fund your holiday inventory, you can pay for your next purchase order or closeout sale (in the case of retail arbitrage) interest free. https://www.a2xaccounting.com/blog/us-event-update-catch-up-with-us-on-the-road-as-we-head-west-to-east/ Fri, 16 Feb 2018 00:51:41 +0000 https://www.a2xaccounting.com/blog/us-event-update-catch-up-with-us-on-the-road-as-we-head-west-to-east/ Palo Alto - Las Vegas - Atlanta. It’s a new season of events for the A2X team. This week we’ve been on the Intuit stand at Startup Grind in Palo Alto exhibiting as part of Intuit’s sponsorship and talking to other entrepreneurs and investors in Silicon Valley’s hub for startup networking. Next month A2X will be with the Amazon seller community exhibiting at the Prosper Show in Las Vegas over March 12-14. https://www.a2xaccounting.com/blog/a2x-and-amazon-australia-accounting-with-xero-and-quickbooks-online/ Wed, 20 Dec 2017 20:16:36 +0000 https://www.a2xaccounting.com/blog/a2x-and-amazon-australia-accounting-with-xero-and-quickbooks-online/ Amazon Australia launched Amazon.com.au at the start of December and hit, what has been reported as, a record first day of sales in any Amazon marketplace. A2X is excited to report that we are able to support Amazon Australia sellers to thrive on the new platform and nail their ecommerce accounting. If you’re an Australian business selling on Amazon in Australia, or an international firm opening an Amazon.com.au selling account, A2X will give you the reliable, accurate accounting of sales and fees you need to reconcile your Amazon settlements in Xero and QuickBooks Online. https://www.a2xaccounting.com/blog/an-insight-into-the-catching-clouds-academy-for-amazon-sellers/ Wed, 06 Dec 2017 01:52:47 +0000 https://www.a2xaccounting.com/blog/an-insight-into-the-catching-clouds-academy-for-amazon-sellers/ Our good buddies at Catching Clouds have created a masterpiece. Something Amazon sellers and their accountants will love. It is an end to end Amazon accounting course that outlines the hows and whys of Amazon accounting. It is the course for you if you’re using Xero or QuickBooks Online to track Amazon sales, either in the US or internationally. Tips and Challenges There are many aspects of the course I respect but the biggest one has to be that Patti and Scott have learned by doing, and often the hard way, and they share these experiences throughout the course. https://www.a2xaccounting.com/blog/online-business-banks-time-ahead-of-amazon-australia-launch/ Mon, 30 Oct 2017 09:22:16 +0000 https://www.a2xaccounting.com/blog/online-business-banks-time-ahead-of-amazon-australia-launch/ Time gained with A2X will be crucial as Amazon launches in Australia. Kerin* runs a highly successful online business. She had grand growth ideas in the pipeline, but not enough time to set them in motion. A2X is the automated Amazon marketplace accounting service that Kerin used to win back 20 hours a month and the opportunity to grow her business – fast. Kerin and her husband have been running their own very successful online business since 2012, selling world-wide from their base in Australia. https://www.a2xaccounting.com/blog/amazon-australia-threat-or-opportunity/ Fri, 27 Oct 2017 04:04:04 +0000 https://www.a2xaccounting.com/blog/amazon-australia-threat-or-opportunity/ Amazon launched online product sales in Australia in 2017 and has since established a strong presence in the online market. Australia and New Zealand are relatively small markets on a global scale. However, Amazon’s arrival in the Australian market has been nothing short of transformative. For businesses selling products in Australia or New Zealand - whether they’re manufacturers, start-ups, store retailers or online sellers - Amazon Australia can be seen as a threat, an opportunity, or both. https://www.a2xaccounting.com/blog/a2x-is-a-finalist-for-the-quickbooks-app-showdown/ Thu, 19 Oct 2017 02:23:15 +0000 https://www.a2xaccounting.com/blog/a2x-is-a-finalist-for-the-quickbooks-app-showdown/ This year at QuickBooks Online Connect in San Jose, A2X will be competing with 9 other finalists in the 2017 App Showdown! A big round of applause for $100K #smallbiz #appshowdown finalist @a2xaccounting. Excited to see them at #QBConnect! https://t.co/UZ6Sbi2prm pic.twitter.com/KLh8f8JFaA — Intuit Developer (@IntuitDev) October 11, 2017 We’re super excited that A2X has been recognised as a finalist and none of this would be possible without your continued support of A2X - we’re working hard everyday to make A2X the best add-on for Amazon accounting, so far we’ve helped over 1000+ Amazon businesses tidy up their Amazon accounting, and we’re on a mission to help 10,000 more! https://www.a2xaccounting.com/blog/avasks-james-and-angelos-discuss-amazon-vat-compliance-and-enforcement-with-ed-rosenberg/ Fri, 29 Sep 2017 21:01:08 +0000 https://www.a2xaccounting.com/blog/avasks-james-and-angelos-discuss-amazon-vat-compliance-and-enforcement-with-ed-rosenberg/ Last week Ed Rosenberg interviewed A2X partner firm AVASK about VAT compliance and enforcement for Amazon Sellers. James and Angelos covered how VAT compliance is being enforced for Amazon Sellers and the penalties faced if a business ignores compliance. VAT is complex, with some very serious implications for your business, check out the full interview below to get a sense for the challenges and importance of the VAT accounting for Amazon sales. https://www.a2xaccounting.com/blog/a2x-welcomes-bookskeep-as-an-accounting-partner/ Sun, 13 Aug 2017 21:26:31 +0000 https://www.a2xaccounting.com/blog/a2x-welcomes-bookskeep-as-an-accounting-partner/ Here at A2X we feel privileged to have Cyndi Thomason from bookskeep join our group of North American Partners. Two years ago bookskeep started working with their first Amazon seller client and quickly began partnering with more Amazon sellers every month. Cyndi quickly realized something: Many Amazon pros were pursuing the same flexible lifestyle she was! One of the primary goals at bookskeep is to free up their clients so they can enjoy their life and build a business. https://www.a2xaccounting.com/blog/cost-of-goods-sold/ Sat, 05 Aug 2017 18:00:21 +0000 https://www.a2xaccounting.com/blog/cost-of-goods-sold/ Part of running a successful Amazon ecommerce business is making sure you always keep an eye on your margins. This includes more than just knowing how much Amazon deposits into your account. You also need to know what your actual gross margins are each month so you can track trends, plan for growth, and spot potential problems. The key to calculating your true monthly gross profit and keeping an accurate set of books is understanding your costs of goods sold. https://www.a2xaccounting.com/blog/catching-clouds-and-a2x-what-makes-a-great-partnership/ Thu, 03 Aug 2017 23:02:58 +0000 https://www.a2xaccounting.com/blog/catching-clouds-and-a2x-what-makes-a-great-partnership/ A2X and Catching Clouds - A Great Partnership. I’m pleased to announce the launch of our A2X partner program, and to introduce the first official A2X partner, Catching Clouds of Denver, Colorado, Catching Clouds provides outsourced ecommerce accounting services for online businesses. The Catching Clouds team are experts in Amazon ecommerce businesses, the technology, and the accounting they need to manage their businesses. Owners of Catching Clouds, Patti and Scott Scharf, have been working with the A2X team since January 2014. https://www.a2xaccounting.com/blog/selling-on-amazon-heres-how-to-spend-less-time-on-accounting-and-more-on-your-business/ Wed, 14 Jun 2017 23:43:00 +0000 https://www.a2xaccounting.com/blog/selling-on-amazon-heres-how-to-spend-less-time-on-accounting-and-more-on-your-business/ If you’re an Amazon marketplace merchant, you’ll know that selling through the platform isn’t all smooth sailing. In fact, when it comes to balancing your books, there are some serious headaches to deal with. Sales data from Seller Central is delivered in an overly complicated format, which doesn’t mesh easily with most accounting systems. This means reconciling sales numbers with the actual amounts that land in your bank account can seem nearly impossible, and cost you hours or days every month. https://www.a2xaccounting.com/blog/amazon-accounting-and-a2x/ Fri, 02 Jun 2017 23:49:46 +0000 https://www.a2xaccounting.com/blog/amazon-accounting-and-a2x/ Why e-commerce accountants love A2X. The apparent simplicity of selling through the Amazon marketplace can be deceptive. Although the Amazon Seller Central portal provides details of each transaction in reports and file downloads, as businesses grow and sales increase, accountants and sellers start to find these reports unhelpful – to say the least. Amazon’s sales reports don’t provide a breakdown of sales tax, don’t date sales accurately month by month for accrual accounting, can’t be exported to accounting software without huge issues, and include extremely confusing fees and charges. https://www.a2xaccounting.com/blog/bookkeeping-the-bane-of-the-booming-amazon-business/ Mon, 22 May 2017 23:52:33 +0000 https://www.a2xaccounting.com/blog/bookkeeping-the-bane-of-the-booming-amazon-business/ The story of how one Amazon seller used A2X to solve his bookkeeping issues and to prepare his business for a successful sale. For Nick Losciuto, the boom in his Amazon sales was becoming a double-edged sword. Just before he sold it this year, Nick’s business, Compatible Parts, was processing tens of thousands of orders every month – with turnover in the millions of dollars. That was great news, except when it came to keeping his financial books tidy. https://www.a2xaccounting.com/blog/a2x-talks-nerdy-on-xero-dev/ Fri, 05 May 2017 23:56:50 +0000 https://www.a2xaccounting.com/blog/a2x-talks-nerdy-on-xero-dev/ Last week Xero released their 10th episode of Developer TV, and I got to be in it! Regan and I met at the Xero offices in Auckland and talked about the A2X tech stack, the Xero ecosystem and my advice for getting started with a Xero integration. Check out the full interview below (starts around 1:33). Also worth checking out Dan’s fancy bike riding skills right at the end. https://www.a2xaccounting.com/blog/a2x-is-the-xero-ecosystem-partner-of-the-month/ Wed, 19 Apr 2017 00:45:27 +0000 https://www.a2xaccounting.com/blog/a2x-is-the-xero-ecosystem-partner-of-the-month/ We have some exciting news to share! This month A2X has been named Xero’s Ecosystem partner of the month for the “great work [we’re] doing to help small businesses thrive”. It’s incredibly rewarding to be recognised by Xero. We’ve worked very hard to maintain our 5-star rating in Xero’s marketplace and offer what we consider to be the best Amazon to Xero integration available. As part of the announcement Paul gave the Xero team some tips for selling on Amazon, and some advice for accounting for Amazon sales and fees using A2X and Xero. https://www.a2xaccounting.com/blog/amazon-reserve-amounts-what-to-do-when-amazon-withholds-your-settlement-payment/ Mon, 12 Dec 2016 00:37:11 +0000 https://www.a2xaccounting.com/blog/amazon-reserve-amounts-what-to-do-when-amazon-withholds-your-settlement-payment/ In this post we want to cover two often confusing transactions you will see in your Amazon settlement files that A2X imports. The first is the Current Reserve Amount and the second is the Previous Reserve Amount Balance. Firstly, a bit of background to these transactions. Why does Amazon withhold payment? Sometimes Amazon withholds some or all of your settlement payment for various reasons. Some examples of why we have seen Amazon do this to sellers: you’re a new seller with no history, your credit card on file with Amazon is expired, or there’s a bank account validation problem in your seller account. https://www.a2xaccounting.com/blog/amazon-promotion-and-sponsored-products-accounts/ Tue, 15 Nov 2016 00:30:57 +0000 https://www.a2xaccounting.com/blog/amazon-promotion-and-sponsored-products-accounts/ The other day I was going through my amazon seller fees for the month. I recently launched my first effective Amazon promotion and wanted to see what it looked like in my accounting software. Mostly, I wanted an overview of how much I have given away in order to create the recent promotion related sales. I use A2X and when I did my initial mapping “Amazon Promotion” was not mapped. This is because my Amazon account had not yet done any successful promotions. https://www.a2xaccounting.com/blog/amazon-fee-accounting/ Tue, 20 Sep 2016 00:27:24 +0000 https://www.a2xaccounting.com/blog/amazon-fee-accounting/ Amazon Fee Accounting Basics After taking the time to break down what Amazon’s sales and FBA fees are, the next logical move is to account for them in your preferred accounting software. This way when you look at reports like your Cash Summary and PNL (profit and loss) the Amazon fee and Amazon income portion is easy to spot, understand, and interpret. Setting up and coding your Amazon incoming revenue and outgoing expenses is the sort of thing you really only have to do once. https://www.a2xaccounting.com/blog/amazon-fba-transaction-fees/ Tue, 20 Sep 2016 00:25:13 +0000 https://www.a2xaccounting.com/blog/amazon-fba-transaction-fees/ If you use Amazon’s FBA (Fulfillment by Amazon) service, you’ve probably seen a few extra FBA fees pop up on your statements. In this article, we’ll explain what those fees mean (in real life), and how to record them in your books. Find our updated fees guides for 2021 here: Amazon Seller Fees Amazon FBA Fees Table of Contents What is Fulfillment by Amazon? Understanding FBA Transaction Fees Accounting for FBA Transaction Fees Also on the blog What is Fulfillment by Amazon? https://www.a2xaccounting.com/blog/grouping-sales-by-product-type-in-a2x/ Mon, 20 Jun 2016 00:18:52 +0000 https://www.a2xaccounting.com/blog/grouping-sales-by-product-type-in-a2x/ A2X software offers different options for the grouping of Sales, Refunds, Promotions, Shipping and Gift Wrap charges. We also have a Grouping by Product Type option. Grouping by SKU is fairly obvious; grouping by product type is a little more complicated. In this article, we’re going to show you how grouping by product type works. We’d like to say upfront, product types are generally an extra-for-experts setting that not all users are going to want or need. https://www.a2xaccounting.com/blog/reconciling-amazon-payments-in-xero/ Tue, 28 Apr 2015 00:06:02 +0000 https://www.a2xaccounting.com/blog/reconciling-amazon-payments-in-xero/ In this post we’ll cover how the invoices from A2X reconcile to the payments from Amazon. There are 3 main scenarios outlined below. Single invoice, single payment This is the simplest scenario for reconciling. Xero will see the invoice that A2X creates and the payment from Amazon and offer to reconcile the payment against the invoice, most of the time completely automatically. Xero can match the invoice and payment automatically based on the due date and the amount.