When selling online using platforms such as Amazon, eBay, Shopify, or directly through your website it is important to ensure you have an automated cloud accounting system to enable you to monitor your business performance and to ensure your bookkeeping is up to date.
Like many businesses who sell products online there are often a high number of sales each month and with that a high number of bank transactions, sale invoices and purchase invoices. It is vital to ensure your business has an accountant who specialises in accounting for e-commerce businesses to enable you to automate you accounting function to ensure you get proactive support which is value for money.
Do I need to provide you with Amazon reports?
We will request you to create a secondary user profile for us to enable us to obtain the Amazon sales reports directly, saving you time to focus on your business.
Do you need me to show you where to get the Amazon reports?
We support many clients who already sell on Amazon, eBay and other sales platforms therefore we are very experienced with Amazon's Seller Central Account. You can rely on us as your accountant to know were to find the right information to save you valuable time.
What bookkeeping software do you use?
We use Xero cloud accounting software to maintain your bookkeeping online, providing you with access to your financial information in real-time. Xero is the market-leading cloud accounting software and we can support you with integrating apps to help you grow your business.
What integrations do you recommend?
Firstly we will arrange a call with you to learn more about your business to enable us to advise you on what apps could work best for your business. Each business is different therefore during our discovery call we will ask you for some key information on the number of transactions going through your business each month in addition to finding out what other sales platforms you use such as eBay or Shopify. We will also discuss with you how you currently manage your stock and which inventory management solutions such as Dear Inventory, Unleashed or TradeGecko might help to support your business. We will also discuss with you how often you pay your suppliers and if automating this through Xero payments using TransferWise could you you to save vasts amount of time and money for your business.
Do you outsource your services overseas?
No. We recognise the importance and benefits of having a team of UK qualified accountants and bookkeepers and it is part of our values to ensure all client work is completed by our team of accountants based in England. This is a great benefit as it enables us to support you and work closely together with you through Zoom meetings, screen sharing and we are always available to support you on a phone call. Depending on where your business is located in the UK we might also be able to visit you onsite to support you with setting up your systems if required.
We have over 15 years' conbined experience working with Xero and helping business to start, grow and establish their business using cloud accounting technology.
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