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Do Your Financials Tell a Story That Sells?
Dec 16, 2020

Do Your Financials Tell a Story That Sells?

Estimated reading time: 3 minutes. Your accounts should offer insight into your business. They should show successes, and they should show opportunities to help to pinpoint trouble areas. Having complete and accurate financials means that you, as an ecommerce seller, have the information you need to make better, smarter decisions about the future of your business. You know the true cost of sales, where you’re making and losing money, and where you could be investing more.

Xero eBay Integration Guide
Dec 15, 2020

Xero eBay Integration Guide

Estimated reading time: 5 minutes. Automating some parts of your business can majorly simplify the way it operates. You can save time and money by streamlining processes, increasing the efficiency of your business, and leaving less room for error. Sounds like a recipe for success - what’s not to like? Accounting must be done accurately in order for a business to thrive, so it makes sense to automate this part of your operations.

Ecommerce Options: Whether to Sell Through Amazon or Your Own Website
Dec 14, 2020

Ecommerce Options: Whether to Sell Through Amazon or Your Own Website

Estimated reading time: 4 minutes. Amazon is an ecommerce behemoth. It started as an online bookstore in 1994, and is now the world’s largest online retailer. If you’re a small company, the decision to sell through Amazon can seem obvious – after all, you won’t be able to compete with it – but it’s not automatically the best decision for every business. With Amazon Australia set to open early next year, it’s a good time for Australian and New Zealand retailers to think about their choices: take advantage of the Amazon platform, or stick to their own website.

Future-Proofing Your Amazon Business for Sale
Dec 14, 2020

Future-Proofing Your Amazon Business for Sale

Estimated reading time: 4 minutes. Like all business owners, Amazon marketplace merchants may one day weigh up the prospect of selling their business. And what will prospective buyers want to see? Accurate accounts demonstrating a healthy business. Even if you’re not considering this anytime soon, it’s sensible to behave as if this will be your goal one day. If you do this from the beginning, not only will your business operations be organized and transparent for you, but it will be much easier to go into the sales process prepared for success.

Accounting and Sales Tax: What do Amazon Sellers Need to Know?
Dec 14, 2020

Accounting and Sales Tax: What do Amazon Sellers Need to Know?

Estimated reading time: 6 minutes. Please note: ecommerce sales tax is still evolving and changing. These guides are correct at the time they are written but please consult official government pages or accounting professionals for the most up-to-date information applicable to you. The Supreme Court ruled in favor of South Dakota, granting the state authority to impose sales tax obligations on out-of-state transactions. Online sellers will have a new set of obligations and challenges ahead of them, while states could potentially gain billions in revenue.

What Does Your Ecommerce Technology Platform Development Plan Look Like?
Dec 13, 2020

What Does Your Ecommerce Technology Platform Development Plan Look Like?

Estimated reading time: 5 minutes 30 seconds. Last updated December 2020. This post is a guest post from our friends at Clearinity. Businesses, like people, evolve over time. Just ask any entrepreneur, and they’ll tell you that years 1-3 may look nothing like years 5-8! The clientele is different. The revenue is different. How daily work gets done might be similar, but the systems that help are usually very different.

The Ultimate VAT Guide for Amazon Sellers in the UK and Europe
Dec 11, 2020

The Ultimate VAT Guide for Amazon Sellers in the UK and Europe

Estimated reading time: 51 minutes. Otherwise known as ‘value-added tax’, VAT is a type of consumption tax that is paid by end users on products and services. In different regions, VAT is referred to by different names. For American sellers, it is called ‘sales tax’. In Australia and New Zealand, we call it ‘goods and services tax (GST)’. While the rules around how VAT is managed are different for each economy, there are a wide range of things that they all have in common.

Google Cloud Features A2X for 'Innovative Use of GCP'
Dec 10, 2020

Google Cloud Features A2X for 'Innovative Use of GCP'

Estimated reading time: 2 minutes. A2X has been built to scale up to support accounting for hundreds of thousands of Amazon sellers, including the largest who deliver in excess of 100,000 orders every month. At A2X we’re incredibly proud of the architecture we’ve built on top of Google’s Cloud platform (GCP) and delighted to have been recognised in a recent Google Cloud case study: “A2X: turns to Google Cloud Platform to help eliminate accounting complexity for Amazon sellers”.

Amazon Accounting Meetup Summary: Atlanta, Georgia - June 6th
Dec 10, 2020

Amazon Accounting Meetup Summary: Atlanta, Georgia - June 6th

Estimated reading time: 13 minutes 30 seconds. On June 6th, 2018, we hosted a meet-up for Amazon sellers, accountants, and people involved in the ecommerce space. This meet-up was held after the first full day of Xerocon in Atlanta, Georgia. We were privileged to have Brandon Wasser and Cat Fogarty present as guest speakers. Brandon Wasser is a Senior Account Manager at Bookkeeper360. Through this role, he has learned a great deal about emerging technologies and trends that are shaping the way we shop, and how businesses need to evolve in order to thrive in an ever-changing environment.

A2X, Amazon, and the Future of Accounting with HPC
Dec 9, 2020

A2X, Amazon, and the Future of Accounting with HPC

Estimated reading time: 5 minutes. How HPC accounting uses A2X to help solve its clients' problems HPC Accounting is something of a trendsetter among US accounting firms. The business started in 2011, and unlike most firms at the time, focused on providing value-based services, rather than charging clients hourly rates. Since 2016, they have abandoned time tracking altogether, preferring to give their clients personalized service and in-depth advice. As Accounting Manager Catherine Fogarty explains, HPC was also an early American adopter of Xero.