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Can Inventory Now Really Be Deductible when Bought??

Spoiler Alert: Maybe. But only if you have nerves of steel… which I don’t.

Handling Inventory for Your Ecommerce Business

Inventory. This is one of the two top issues for online retailers (the second being sales tax). 

No doubt that inventory is the lifeblood of your ecommerce business. Without inventory, you've got...

Simple Numbers for an Online Retailer

If you haven’t heard about the book, Simple Numbers, Straight Talk, Big Profits: 4 Keys to Unlock Your Business Potential by Greg Crabtree, you are in the minority.

Very soon after online...

Starting an Online Retail Business | The Five Pillars of Business

The internet is swimming with people who have made a buck online. It’s super easy to find a product, add it to an online store, and make a few dollars on that product. But chances are, you are...

US Supreme Court Ruling - What Does This Mean for Ecommerce Sellers?

This week marked a huge milestone in the development of ecommerce.

In case you haven’t been following along, as online sales has steadily grown to become 10% of the total sales in the US, there...

Internal Control Procedures

Internal control procedures. I know… super sexy topic, right?

But let me tell you this, having proper procedures in place can save you thousands, or hundreds of thousands, of dollars… or maybe...

A2X - Amazon Seller Help for Bookkeeping

I've written about A2X in the past, but you'll hear me bring them up so often because they are the perfect example of identifying the main challenges of ecommerce accounting and creating a...

How to Choose an Ecommerce Accountant for Your Online Store

Choosing the right ecommerce accountant is an equal blend of finding an accountant with the technical skills you need, the ecommerce experience you want, combined with your evolution as an...

How to reconcile accounts using xero bank feeds

I've been using Xero for six years now, and it's great how few of the fundamental parts of it have changed. 

Yes, they've made a few major improvements (probably my favorite still being Find and...

Join Us on YouTube!

Great news - we just launched our YouTube channel for Catching Clouds Academy! 

Starting NOW, we'll be sharing all kinds of information on business, ecommerce, and accounting (especially ecommerce...