Accounting is essential to any business, specifically full cycle accounting. The definition of accounting cycle is a process of recording significant events in a business. Recording such events helps ensure...
E-commerce accounting could be difficult for someone just starting. It is vastly different from the usual bookkeeping practices that traditional stores commonly use. Nevertheless, it is vital to learn...
In the simplest sense, inventory management pertains to the purchase, storage, and sale of stocks – both raw materials and finished products. In business, it means having the right...
Like any other clients who make purchases at a physical location and in-person, international customers are not exempted from paying all applicable sales taxes imposed in the merchant’s location....
A nexus refers to a connection between a taxing jurisdiction, such as a state, and an entity, such as a business. Only after this connection has been established can...
The online selling platform speaks a whole different language from traditional businesses. From programming the perfect website to importing products into your online store, eCommerce accounting is not exempted...
The survival of a business, both on the online and offline platforms, relies on its financial status. Major decisions to be made in the business venture are dependent on...
So your eCommerce business is doing numbers! You’ve gotten your hands full with increased demands. You’re busy fulfilling orders and juggling them with your plans to scale. As your...
One of the many benefits the internet has provided netizens is sharing knowledge and skills for learning. DIY videos and articles abound from something relatively simple as making liquid...
Doing business via e-commerce can be very profitable if you do it right from the start and implement a viable plan. As buyers are shifting from being offline purchasers...