ecommerce accounting basics Archives - LedgerGurus

4 methods for calculating Cost of Goods Sold (COGS)

COGS & Inventory

01/02/2025

How to Calculate Cost of Goods Sold for Ecommerce Sellers

Estimated reading time: 9 mins Running a bustling ecommerce business is thrilling, but can also…

Stacy Walker

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Correctly accounting for inventory

COGS & Inventory

01/02/2025

How to Optimize Your Inventory Accounting for Your Ecommerce Store

Estimated reading time: 14 minutes When you’re running an ecommerce store, it is super important…

Kelley Birrell

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A person calculating landed cost

COGS & Inventory Financial Statements Explained

02/13/2025

Understanding Landed Cost: What It Is and How to Calculate It

Estimated reading time: 12 minutes Are you tired of unexpected costs eating into your profits?…

Kelley Birrell

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accounting for crowdfunding

Bookkeeping Financial Strategies

02/13/2025

Accounting for Crowdfunding Campaigns

Estimated reading time: 10 minutes, 13 seconds Congratulations! If you are reading this blog about…

Kelley Birrell

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Bookkeeping

01/02/2025

Should I Use Cash or Accrual Accounting for My Business?

Should I use accrual accounting or cash accounting for my business? This is a very…

LedgerGurus

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Amazon Accounting Bookkeeping

01/10/2025

Your Amazon 1099 vs. Your Financial Statement Activity

Let's make sense of your Amazon 1099 versus your accounting numbers. For our Amazon sellers,…

Kelley Birrell

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Bookkeeping

01/10/2025

Setting Up Chart of Accounts in QuickBooks Online | For Online Sellers

How is a Chart of Accounts similar to a high-performance vehicle? Stop for a minute…

Kelley Birrell

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Financial Statements Explained

02/13/2025

An Intro to Financial Statements for eCommerce Businesses

Good financial statements are at the heart of any successful eCommerce business. The goal of…

Kelley Birrell

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Shopify Bookkeeping

Bookkeeping Shopify Accounting

01/10/2025

Shopify Bookkeeping | How to Channel Your Inner Accountant

When I say the words "Shopify bookkeeping", what kind of feelings do those words ignite…

Kelley Birrell

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Bookkeeping Financial Statements Explained

02/13/2025

Demystifying the eCommerce Income Statement: A Guide for Success

You're an ecommerce business making your way in this crazy world. If the ecommerce…

Kelley Birrell

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