(800) 931-6557
(800) 931-6557
ASP
  • Home
  • Accounting
    • Services
    • Accounting FAQ
  • Recruiting
    • Services
    • Recruiting Team
    • Our Process
    • Recruiting FAQ
    • Top Candidates
  • Openings
  • Oregon
  • Washington
  • Colorado
  • About
    • Clients
    • Testimonials
    • Diversity, Equity and Inclusion
    • Resources
    • Submit Resume
  • Contact
  • Payments
  • Blog
  • Home
  • Accounting
    • Services
    • Accounting FAQ
  • Recruiting
    • Services
    • Recruiting Team
    • Our Process
    • Recruiting FAQ
    • Top Candidates
  • Openings
  • Oregon
  • Washington
  • Colorado
  • About
    • Clients
    • Testimonials
    • Diversity, Equity and Inclusion
    • Resources
    • Submit Resume
  • Contact
  • Payments
  • Blog

​In Pursuit of Profit

Read our expert article below or sign up to get articles sent to your inbox.​

5/28/2020

Comments

The 14 Most Common E-commerce Accounting Mistakes

 
E-commerce businesses have some special accounting considerations. Unfortunately, many business owners are unaware of these nuanced differences, resulting in avoidable accounting errors. These errors can have serious financial and legal implications for e-commerce businesses and their owners, which can snowball over time if they are left unaddressed. Eliminating these types of errors should be a top priority for any organization to improve efficiency, maximize revenue, prevent fraud, and avoid tax-related penalties. ​
The 14 Most Common E-commerce Accounting Mistakes

Read More
Comments

5/20/2020

Comments

Calculating COGS for E-commerce Stores

 
Cost of Goods Sold (or COGS as it is more commonly referred to) is the total cost of selling products, which means it is the cost of doing business for e-commerce and traditional retailers alike. COGS is one of the most important metrics for an e-commerce business because it will be your most significant expense. It informs inventory decisions, pricing strategy, tax calculations, and cash flow management, among other critical business functions. Understanding COGS provides a full picture of revenue generation, arming you with crucial information for better strategic planning. 
E-commerce COGS

Read More
Comments

5/14/2020

Comments

Special Accounting Considerations for E-commerce Operations

 
While e-commerce bookkeeping is a lot like traditional retail bookkeeping overall, there are unique accounting considerations when doing business online as well. Being aware of these special considerations when starting an e-commerce business helps avoid surprises along the way. However, even well-established e-commerce companies can still struggle with the intricacies as operations evolve, regulations change, buying trends shift, and new technology is developed. 
Special accounting considerations for ecommerce operations

Read More
Comments

5/8/2020

Comments

​Bookkeeping Essentials for Starting an Ecommerce Business

 
 Business owners that are new to the world of e-commerce often mistakenly believe that e-commerce bookkeeping is vastly different than traditional retail bookkeeping and accounting.

​While e-commerce certainly has some extra steps to get started and nuanced differences along the way, business finances are similar whether they are online or offline. Essentially, e-commerce accounting best practices are basically just accounting best practices. ​
Ecommerce bookkeeping essentials

Read More
Comments

    SUBSCRIBE:

    DOWNLOAD:

    The Ultimate New Business Formation Checklist

    DOWNLOAD:

    Accountant Evaluation

    Categories:

    All
    Accountant
    Accounting
    Accounting Systems
    Artificial Intelligence
    Audit
    Bank Reconciliation
    Benefits
    Bookkeeper
    Bookkeeping
    Brand
    Budgeting
    Business Analysis
    Business Trends
    Career
    Cash Flow
    Change Management
    Checklist
    Closing The Books
    Colorado
    Community
    Contracts
    Controller
    Depreciation
    Ecommerce
    Economy
    Finance
    Fraud
    Government
    Hack
    Hiring
    HR
    Infographic
    Internal Controls
    IRS
    Laws
    Leadership
    Legal
    Local Economics
    Manuals
    Market Trends
    News
    Nonprofit
    Online Bookkeeping
    Oregon
    Outsource
    Payroll
    Payroll Taxes
    Planning
    Procedures
    QuickBooks
    Record Keeping
    Recruiting
    Recruiting Market Reports
    Remote Workforce
    Reporting
    Restaurants
    Risk
    Sales Tax
    Scam
    Security
    Small Business
    Social Media
    Software
    Startup
    Statistics
    Strategy
    Taxes
    Technology
    Time Management
    Washington State

    Archives:

    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    June 2015
    February 2013
    October 2012
    November 2011
    May 2011

    RSS Feed

Services

Accounting Services
Recruiting Services
​

Company

About
Oregon Team
​Washington Team
Colorado Team
Clients

Support

Contact
CC
FAQ
​Resources
​Blog
​

ASP

Your resource for accounting & recruiting services. Serving Seattle, Bellevue, Redmond, Kirkland, Portland, Beaverton, Hillsboro, Lake Oswego, Denver, Lakewood, Aurora and more.
Contact us today for a free,
no-obligation consultation:
Toll Free (800) 931-6557
WA (425) 492-1901
OR (503) 473-0122
​CO (720) 572-8211
info@asp-nw.com
© COPYRIGHT ASP - ALL RIGHTS RESERVED 
 A CFO Selections Company
Privacy Policy
Photos from Pricenfees, Debbieallendale