What is the Average Cost of an Outsourced CFO?

Is your ecommerce business growing? If so, you might be experiencing growing pains, particularly in your accounting function. Without the proper bookkeeping for Shopify or your Amazon storefront, you could be generating inaccurate financial statements. This is where an outsourced CFO comes in, infusing accuracy and thoroughness into your accounting function. In this article, we’ll…

Understanding Sales Tax Nexus

Are you running an ecommerce store? Do you understand the proper sales tax bookkeeping for Amazon and Shopify accounts? One of the not-so-fun aspects of running an ecommerce business is sales tax collection.  You may find yourself asking, “Does Shopify pay sales tax?” or “Should I charge sales tax on Shopify?” Each ecommerce platform and…

5 Repercussions of Neglecting Your Bookkeeping

If you’re like most e-commerce business owners, you dread bookkeeping. You probably have countless reasons why it’s last on your to-do list, from taking up too much time to being too complex.  However, neglecting your Shopify bookkeeping can have some serious repercussions, like overpaying on your taxes or receiving some unwelcome letters from the IRS. …