Ecommerce

Understanding Ecommerce Sales Tax

Estimated reading time: 10 minutes 30 seconds. Ecommerce sellers used to have a pretty easy time when it came to sales tax, but those days are gone. In June 2018, a landmark case turned the tide on sales tax collection for good. The Wayfair vs. South Dakota ruling redefined the criteria for business owners eligible to pay sales tax. Prior to this ruling, business owners needed physical presence in a state to be considered eligible to remit sales tax.

The Basics of Ecommerce Accounting

Estimated reading time: 7 minutes. “Ecommerce businesses are really data businesses." - Cyndi Thomason, CEO of bookskeep. Most ecommerce sellers don’t go into business for accounting. But to run a profitable, healthy business, it’s crucial to understand your numbers. And for ecommerce, there are a few key definitions and systems that you need to know in order to give yourself the best chance at success. Regardless of whether you are a seller or an ecommerce accountant needing an overview, this is the place to start.

What Makes Ecommerce Accounting Different?

Estimated reading time: 5 minutes. Business accounting is one thing. Ecommerce business accounting? That’s another thing entirely. And for sellers with little to no accounting experience in general, it’s crucial to get to grips with what’s required as early as possible. The basic principles of accounting remain the same, but there are some fundamental differences. For each that we cover below, there are solutions out there to help you. With the monumental growth of ecommerce has come a significant expansion in the tools available to facilitate these types of businesses, so you are far from alone!

Amazon Seller Fees & Transactions: Explained

Estimated reading time: 14 minutes. Understanding what Amazon seller fees you can expect to pay on the platform is crucial to your bottom line. If you’re paying more in fees than you’re making in profit, you have a problem. You also need to be able to interpret your settlement statements to figure out exactly what charges you have paid and why, so that you can plan to minimize them as much as possible.

eBay Taxes: An Overview Guide

Estimated reading time: 22 minutes 30 seconds. eBay sellers generally need to pay most attention to the following taxes depending on their location: Sales tax (for the US) VAT or GST (for countries outside the US like the UK & Europe) Income tax (for most sellers, wherever they are) For more detailed information on these, select the guides linked above. Here, we’ll cover some of the frequently asked questions about eBay taxes across the board.

Profit First for Ecommerce Sellers

Estimated reading time: 7 minutes. Accountants might be comfortable with P&Ls and balance sheets, but not all ecommerce sellers are. When it comes to a quick reference point on the health of their business, sellers often look at their bank accounts. With bank transactions being almost instant nowadays, nowhere else offers them the same real-time viewpoint as those balances. Simple, quick, and easy. But as we know, simple, quick and easy can often lead to poor quality.

The 10 Most Common Amazon Accounting Mistakes (and How to Avoid Them)

Estimated reading time: 10 minutes. FBA sellers stand to make good money if they know what they’re doing. Around 20% typically make between $1000-$5000/month, with around 10% making up to $50,000/month. The sky’s the limit, but the foundation must be robust first. And there’s plenty that can go wrong easily, especially in the early days. This blog is inspired by a previous guest post by our friends at Bean Ninjas, and this video by Catching Clouds co-founder Patti Scharf.

Amazon Handmade Fees: How Much Does It Cost To Sell?

Estimated reading time: 5 minutes, 30 seconds. Amazon gets around 200 million unique visitors every month. Amazon Handmade gives crafty sellers and makers the chance to get their original products in front of this same audience, and it comes at a slightly different price. This article will explain all you need to know about Amazon Handmade fees, other requirements for selling on Amazon Handmade, and how to simplify the fee process.

eBay Fee Calculators [One Stop Resource]

Estimated reading time: 5 minutes, 30 seconds. Calculating your eBay fees ahead of time makes good business sense. After all, as a cost to your business, you want to make sure you aren’t spending a cent more than you have to. In this blog, we’ll take you through the eBay fee structure and where to find more information, along with the best eBay fee calculators on the internet so that you can plan with confidence.

What Are The Best Things To Sell On Etsy To Make Money?

Estimated reading time: 8 minutes. Unlike other marketplace facilitators, Etsy has a niche. And the success of the top-selling products on Etsy may have just as much to do with the sellers and how they operate as what the items are themselves. Best-selling items change all the time. So instead of giving you a fish, we are going to teach you to fish. This guide will explore who sells on Etsy, who buys on Etsy and why this should dictate your strategy.

Etsy Advertising Guide: Grow With Promoted Listings & Ads

Estimated reading time: 15 minutes. Spending money advertising your Etsy store might feel a bit daunting. How much should you spend? Is it worth it? Will you see any return, and how quickly? In this guide, we’ll explore exactly what your Etsy advertising options are, both on and off the site. We’ll also cover the free things you can do to boost sales, and ensure that you’ve maximized every opportunity to succeed on Etsy - paid and unpaid.

How To Sell On Etsy: Everything You Need To Know [Guide]

Estimated reading time: 26 minutes. Etsy is the home of the makers, the doers, the dreamers, and the creators. Original, vintage, and hand-made products are Etsy’s trade. So naturally, it attracts crafty sellers wanting to share their talents and skills. But Etsy is an ecommerce platform first and foremost - one with a trade value of $2 billion on the NYSE. Selling on Etsy successfully takes more than simply signing up and listing a product.

The "Hidden" Costs of Running An Ecommerce Business

Estimated reading time: 4 minutes, 30 seconds. This is a guest post from our friends at MerchantSpring, a tool for managing your ecommerce business. Whether you run a small start-up or a major enterprise, there’s no question that your online presence is a crucial investment for your business. The trick is knowing where to spend your money for the best results with the greatest return. In this blog, we’ll be looking at the expected and unexpected costs that come with ecommerce.

Etsy SEO Guide: Everything You Need To Know [Ultimate Guide]

Estimated reading time: 13 minutes, 30 seconds. “Sellers control the most important factors in Etsy search placement.” Etsy.  Etsy SEO is worth your time. Still one of the top digital marketing strategies for the greatest return, SEO for Etsy can be broken down into a few key areas for relatively straightforward application. The only challenging thing about SEO is that it’s a journey, not a destination. You’re never really done with SEO, whether on Etsy or elsewhere.

Shopify vs Etsy: Which Platform Should You Sell On?

Estimated reading time: 13 minutes. What do a pair of snowboarding, outdoor enthusiasts and an urban apartment-dwelling creative have in common? All were entrepreneurial founders of two of the most popular and successful ecommerce businesses in the world to date: Shopify and Etsy. They built the tools to enable imaginative sellers like you to bring your products to the world. But which is right for your business? If you sell craft, handmade or vintage items (which meets Etsy’s criteria), and you’re unsure whether to kick off with Etsy marketplace or go solo with Shopify, this guide is for you.

Etsy Accounting Guide: Everything You Need To Know

Estimated reading time: 9 minutes. Etsy sellers, arguably, have more to account for in their books than other ecommerce sellers. Keeping track of all the costs involved in creating a product, and then selling it, is essential to ensuring you make a profit in the end. If you want to grow, that is. In this Etsy accounting guide, we’ll be covering all the key things that sellers like you need to know, and do, to successfully manage your books.

How To Sell On Amazon in 2021 [The Ultimate Guide]

Estimated reading time: 38 minutes. In 2020, it became official: Amazon is worth $1 trillion. Sharing its name with one of the most biodiverse forests on the planet, Amazon’s seemingly infinite footprint and product offering are similarly expansive. And Amazon.com is the tip of the iceberg. From music streaming to healthcare, gaming, entertainment, cloud computing, and more, Amazon is so much more than an ecommerce platform - though it still holds the top spot for that, too.

Amazon SEO Guide: How To Rank At The Top Of Search Results

Estimated reading time: 16 minutes. Every year, around a million new sellers join Amazon. With around 4,000 items selling on the platform every minute, there’s no shortage of buyers for that hefty seller base. But a competitive edge is everything, and it makes good financial sense to start with the freebies. Search Engine Optimization is free. You might already associate SEO with blogs or websites, but it’s just as important for ecommerce platforms.

Are Your eBay Fees Too High? Here's How To Lower Them

Estimated reading time: 7 minutes 30 seconds. Your eBay fees are unavoidable, but it’s within your control to manage and plan for them. If you feel like your eBay fees are too high, there are a few indicators you can look for to find out whether this really is the case, or something else is going on. That’s what we’ll explore in this guide: how to tell whether your fees are too high, what to do about them, and what else might be wrong.

eBay Listing Fees Guide

Estimated reading time: 11 minutes, 30 seconds. If you’re looking to turn a nice profit in the ever-expanding realm of ecommerce, or to expand your business, eBay could be a great option for you. You can be up and running in minutes and don’t need to be a registered business yet - perfect for a seller dipping their toes into ecommerce. But access to almost 200 million active buyers doesn’t come free.

eBay Final Value Fees: What You Need To Know [Guide]

Estimated reading time: 10 minutes 30 seconds. Today, there are around 187 million active buyers on eBay. Getting access to that kind of traffic comes at a price, and that price is eBay seller fees. But seller fees on eBay, like with many of the ecommerce platforms, aren’t always straightforward. Sure you’ve got your standard listing fee, but there are circumstantial fees that come into play only in certain scenarios, and those are what sellers need to get their heads around.

Sage eBay Integration Guide: How To Automate Your Accounting

Estimated reading time: 11 minutes. Integrating eBay with cloud accounting software is a great way to save you time, make sure nothing is missed in your bookkeeping, and give you access to financial information anytime, anywhere. Sage is a fantastic option for any eBay seller, with plans that can grow with you and an internationally-acclaimed reputation. But whilst integrating eBay and Sage is a smart first step, it won’t get you the optimal accounting stack for ecommerce - that’s the same for any other platform and accounting software provider, too.

Why Multi-Channel Ecommerce Sellers Need A2X

Selling on multiple sales channels should mean more sales, not more admin. Here’s what A2X, the leading ecommerce accounting software, can do for your business. What’s Challenging About Ecommerce Accounting? Ecommerce is not like brick-and-mortar, where the majority of transactions occur directly through the bank. With ecommerce, transactions are occurring through the sales channel and businesses receive lump deposits net of fees. When you start selling on multiple sales channels, these difficulties compound.

A Tour Of Amazon Seller Central

Estimated reading time: 11 minutes. For Amazon sellers, Seller Central is mission control. Everything you need to run your business is there in one centralized location, but some aspects have greater tools and resources available to help you than others. That’s what we’re going to explore here. In this blog, we’ll take you through the elements of your Amazon Seller Central account and how you can use them to your advantage.

The Ultimate VAT Guide for Amazon Sellers in UK & Europe

Estimated reading time: 51 minutes. So you’re an Amazon seller interested in VAT? Perhaps you’re in the US wanting to do business in Europe, or you’re in Europe and keen to understand your Amazon tax obligations. Either way, this guide will break it down for you. Whilst there are similarities between VAT, sales tax and GST, the former is a little unique. The EU member states have some parameters they must keep to, and some they don’t.

How To Create A Shopify Shipping Policy [Tutorial + Template]

Estimated reading time: 7 minutes. Customers are happier when they know what to expect, and adding a shipping policy to your Shopify store helps to manage those expectations. If you do it right, your shipping policy can act as a highly effective sales tool - at once making a commitment about your service, and letting customers know what happens with their items after they click that buy button. A clear and concise shipping policy benefits both parties.

Everything You Need To Know About Amazon's FBA Service

Estimated reading time: 17 minutes. Today’s consumers are all about instant gratification, and that certainly translates to online shopping orders. In fact, 80% of shoppers want a same-day delivery option, 56% of 18-34 year olds expect it, and around 61% are prepared to pay more for it. Enter: Amazon FBA. With a reputation for innovation and hitting the nail on the head when it comes to solving customer pain points in a timely (and perhaps even anticipatory) manner, Amazon delivers yet again.

Xero Amazon Integration Guide [How To Set It Up]

Estimated reading time: 14 minutes. As a financial hub to help you record, crunch and analyze your sales, Xero is a great software option for Amazon sellers. Designed to grow with you, whatever size or stage you may be at in your business journey, Xero has your accounting covered. But whilst automating the transfer of your financial data from Amazon to Xero is a core step, it’s not the end of the road.

Good Etsy Shop Names And How To Find Yours

Estimated reading time: 8 minutes. As an Etsy seller, creativity comes naturally to you. But if coming up with a good Etsy shop name has thrown you off your game, you wouldn’t be the first. Equally problematic is if you’ve already come up with your preferred store name, but tragedy strikes, and your name has been used by another Etsy shop. Not knowing where to begin is expected, but we’ve got you covered.

Shopify VAT: How To Do It Right [Guide + Useful Links]

Estimated reading time: 6 minutes. Just about everything is taxed. And as you’ll no doubt be aware, it’s not all the same kind of tax. Tax has become a strange, disconnected sort of extended family tree. Your income tax branch includes members like capital gains, estate, payroll, and inheritance tax. Then there’s the awkward, money-hungry branch of property, real estate, and gift taxes. And these barely scrape the surface. Here, we’ll be talking about the exotic foreign cousin of the goods and services tax family.

Everything You Need to Know About Migrating to A2X for Shopify from Bold (and Why You Should)

Estimated reading time: 8 minutes. As connector apps, A2X and Bold are important parts of optimized ecommerce accounting automation. These apps ensure that your Shopify data is calculated accurately and organized. But the way they each do this and the resulting outcomes are quite different. One of them has a few additional features to offer - features that can transform the way you do business. And you might be surprised to hear that switching is not only easy, but books can be backdated, so it’s almost like the migration never took place at all.

What Are The Best Products To Sell On FBA?

Estimated reading time: 6 minutes 30 seconds. According to a Feedvisor survey, 89% of buyers agree that they are more likely to purchase from Amazon than other ecommerce sites. And with Amazon bringing in over $125 billion in sales revenue in the fourth quarter of 2020 alone, it shows. With numbers like that, it makes sense why sellers are still flooding to the platform but where do you start when choosing what to sell there?

Quickbooks Amazon Integration Guide [How To Set It Up]

Estimated reading time: 12 minutes, 30 seconds. Amazon first opened its digital doors to sellers worldwide in the early 2000s. But back then, people only had the option to sell either books, CDs, or DVDs. Nowadays you can find and sell just about anything on Amazon. From groceries and toy cars to bonsai trees and mobile phones; if it can fit in a Fed-Ex van or be downloaded as a PDF, you’ll find it on Amazon.

How To Set Up An Etsy Seller Account [Tutorial]

Estimated reading time: 8 minutes. So you’re thinking about joining the Etsy family? Exciting! Etsy is the platform for creatives, where imagination comes to life and buyers love personal touches. It’s all about the hand-made, human feel, but it does need to start with some techy steps first. Setting up your Etsy seller account is very easy, and this article will show you exactly how (as well as the crucial next step).

Etsy Business Plan Template: Prepare For Selling On Etsy

Estimated reading time: 11 minutes. Are you considering turning your hobby into a business using the Etsy marketplace? Well, you’ll be joining a platform that gets around 81.9 million buyers these days looking for handmade goods just like yours. Before you dive in though, we invite you to lower the tools for a moment and funnel that creative flow into a top-notch Etsy business plan. It’s crucial to understand exactly what your business does, its identity and how it’s going to function so that when it comes to making costly decisions, you have a road map to guide you.

Etsy Integration Guide: How To Simplify Your Etsy Business

Estimated reading time: 14 minutes. Having apps that automate parts of your to-do list is great, but if they don’t talk to each other, you still need to mediate. With the plethora of app options out there today, developers have already solved this problem for us and continually update and upgrade the way our tech solutions communicate. We have become masters of automation, and Etsy sellers are just as much invited to the party as any other seller.

What Are Amazon Referral Fees? [Guide + Full List]

Estimated reading time: 8 minutes, 30 seconds. Confused by Amazon fees? We don’t blame you. Amazon has rather a few to get your head around - subscription and listing fees are only the beginning. But it’s crucial for your bottom line that you understand which apply to you and why. In this article, we’ll be exploring referral fees, specifically: What they are, how much they are and how to stay on top of them.

Everything You Need To Know About Shopify Payments [Guide]

Estimated reading time: 14 minutes. Based on a collection of studies, around 70% of customers will leave a site even after adding an item to their shopping cart. There are numerous reasons for this, but a common one is a complicated or drawn-out checkout process. Integrated payment solutions are one answer that ecommerce platforms have come up with. Shoppers save their details once so that purchase journeys simply consist of a Buy It Now button.

eBay Selling Guide: Strategies For Success

Estimated reading time: 10 minutes. So you’re ready to sell on eBay, but you want to make sure you do it right - and actually make a profit? Strap in! eBay gives everyone from merchants to ecommerce hobbyists an easy-to-use platform to make sales, but it’s not without competition. With almost 200 million buyers and 1.6 billion listings, sellers need to maintain a competitive edge in order to succeed. We’ve been busy looking closely at eBay, and we’ve written a number of guides and articles on how to use the platform successfully.

How To Integrate Etsy and Sage Business Cloud Accounting

Estimated reading time: 9 minutes, 30 seconds. Time is one thing you can’t buy and if you’re an Etsy seller, it’s probably safe to assume that you already need as much of it as possible to create. Bookkeeping is fundamental to the survival and growth of your business, so it needs your attention and your investment. Fortunately, neither of those things need to be significant - not with the technology that allows you to work smarter, not harder.

How To Find The Right Shopify Theme For Your Store [Guide]

Estimated reading time: 15 minutes. The theme of your Shopify store dictates almost everything. What your customers see, how they interact with your brand, what media and add-ons you can include - the list goes on. It’s important to think about what you’ll need from your theme before you go diving in and get carried away by the cool color palettes and exciting plug-ins. Plus, with a little planning, you’ll be able to see whether a freebie will cover your bases or if a paid option is worth your time and money.

How To Integrate Quickbooks For Etsy Using A2X [Tutorial]

Estimated reading time: 10 minutes. Etsy is for the makers and creators. If you’re an Etsy seller, it’s probably safe to assume that you didn’t open a store wanting to focus all your time on managing its accounting. As you’ll no doubt be aware, your bookkeeping has to be a priority. Fortunately, there are some excellent software options, apps, and integrations out there all designed to make your life as easy as possible.

What Are The Best Shopify Products To Sell In 2021? [Guide]

Estimated reading time: 7 minutes. People shop via ecommerce for just about anything, so the list of things you could sell online is practically endless. Where do you start when it comes to finding products that will be popular for your Shopify store? In this guide, we aren’t going to just provide you a list of promising ideas. Whilst we will cover what has been performing well, we want to help you ask the right questions and perform insightful research so that you can make the best decisions for your business in the long-term.

What Is eBay Selling Manager And Should You Get Pro?

Estimated reading time: 8 minutes. Not all eBay sellers have the same goals when they sign up to the platform. When eBay started back in 1995, it was primarily an auction site used for selling the odd pre-loved item from around the house - a sort of online garage sale. As ecommerce grew and more sellers flocked to run full-fledged businesses on eBay, the platform needed to change tack. These sellers required a backend that would give them the visibility, reporting tools and resources necessary to run their business.

The Story Behind eBay Valet And Alternatives You Can Use

Estimated reading time: 8 minutes. So, you’ve created amazing, optimized listings on eBay, and they’re starting to get attention. Suddenly, you need to make sure that your items are getting to the buyers quickly and painlessly - one of the key drivers of customer satisfaction on the eBay platform. For some, getting a large volume of items from storage into the mailboxes of the buyers in a timely manner is a logistical nightmare.

The Ultimate Shopify Sales Tax Guide [Full Resource]

Estimated reading time: 13 minutes 30 seconds. In the mid-1990s at the dawn of ecommerce, online sales weren’t worth enough to garner the attention of tax authorities. Sales tax was something paid by businesses with a fixed, physical address, and back then, most had that. This isn’t the case today. Since Shopify’s inception in 2004, US ecommerce sales revenue has skyrocketed from $75 billion to $787.9 billion in 2020. In the last decade alone, the industry has multiplied itself almost five times over.

How To Hire And Vet The Right Bookkeeper For Your FBA Business

Estimated reading time: 5 minutes. This is a guest post from our friends at specialist ecommerce accounting firm Bean Ninjas. When you’re first starting out, you might be tempted to do your own bookkeeping and accounting. However, as your business grows, it is rarely a good idea to keep DIY’ing it. Every minute that you are spending on bookkeeping is time you aren’t spending on growing or running your business. If this resonates with you, then read on to learn how to hire and vet the right bookkeeper for your FBA business.

eBay Growth Guide: How To Increase eBay Sales

Estimated reading time: 11 minutes. There’s money to be made on eBay. In 2020, eBay sales revenue grew 22% - and that’s not the only thing that grew. With more sellers joining eBay every day and approximately seven million in the US alone, competition is rife. Growing on the platform takes work. But that’s why you’re here - to find out what your options are and how to leverage every available tool at your disposal.

How To Sell To Amazon Directly [Guide]

Estimated reading time: 8 minutes. When most people think about doing business with Amazon, it’s in the format of using the platform to sell to customers. But this isn’t the only option. You can sell to Amazon directly, as part of their vendor program. Becoming an Amazon vendor takes away the customer service or brand management aspect of your business, replacing it with a focus on distribution and fulfilment. You are the backend, not the front.

eBay vs. Amazon: Where Should You Sell [Ultimate Guide]

Estimated reading time: 19 minutes. Amazon and eBay were part of the first wave of true digital natives. Both are entrepreneurial platforms; competitive, diverse, financially-minded, and borderless. Connecting buyers and sellers across the globe, Amazon and eBay are both household names. eBay is the classic auction site, and Amazon is the Google for shopping, right? Did you know that these days, eBay sells more via Buy It Now listings than it does auctions?

The Best Amazon Fee Calculators Of 2021

Estimated reading time: 15 minutes. To run a sustainable, profitable business on Amazon, you need to understand its fees. With such a huge variety of fees which are not always simple to interpret on statements, getting your head around them before you sell could make all the difference. That’s where fee calculators come in. Amazon fee calculators help you predict what costs you might come up against when selling your products and whether they will be profitable.

Shopify vs eBay: Where Should You Sell? [Ultimate Guide]

Estimated reading time: 12 minutes. Thinking of selling online, but unsure of which platform to pick? While Shopify and eBay are both popular ecommerce platforms, this is where the similarity ends. They are, in fact, very different, and they offer different experiences to both buyers and sellers. So, what do these experiences look like and how should you go about picking one? In this article, we’ll find out. In this Shopify vs.

Amazon Pay Guide: Everything You Need To Know

Estimated reading time: 11 minutes. Online shoppers like choice. And they prefer businesses that give them choice. In fact, Business Insider reports that limited payment options could account for a quarter of abandoned shopping carts in the US. But with no shortage of payment gateway options for ecommerce sellers, how should they pick which ones to offer, and do buyers have a resounding preference? Is Amazon Pay the obvious choice for Amazon sellers, for example, or are there better alternatives?

15 Actionable Shopify Tips To Grow Your Store in 2021

Estimated reading time: 17 minutes. At their Reunite 2020 event, Shopify announced some pretty cool updates for 2021. As one of the leading ecommerce tools, Shopify is constantly evolving and expanding its software, adding new apps and integrations to help its merchants thrive. And with over 600,000 sellers on the platform, if you’re one of them, you’ll want to know as many Shopify tips and tricks as early as possible to come out ahead.

eBay Promoted Listings: Is It Worth The Investment? [Guide]

Estimated reading time: 10 minutes 30 seconds. eBay’s promoted listings enable sellers to advertise inside the eBay platform. It’s a simple way to boost exposure for your items, and eBay shows these ads to more active buyers. In their words, by using their promoted listings, you’ll “market to who matters, when it matters”. Of course, there’s a price tag attached. As a seller, you’ll need to weigh up the benefits of this additional exposure against the cost of advertising on eBay.

Shopify Sage Integration: Here's How To Set It Up [Guide]

Estimated reading time: 8 minutes 30 seconds. When Sage began life in 1981, Shopify didn’t exist. Sage founder David Goldman wanted an automated accounting software solution for his business, so he built it himself. In 2006, Shopify founders Tobias Lütke and Scott Lake didn’t like the ecommerce software available to them at the time, so they built what they wanted themselves. Both Sage and Shopify were conceived by entrepreneurs that wanted the freedom to customise, automate and grow their businesses.

How To Sell On eBay For Beginners [The Definitive Guide]

Estimated reading time: 22 minutes 30 seconds. This year, eBay will be 26 years old. A lot has happened in 26 years. With technological advances taking trillions of dollars off the streets and into the digital space, ecommerce has exploded. And going into 2021 with the COVID-19 pandemic keeping us indoors, the ability to buy online has never been more essential. With a wealth of tools now available to beginners, it’s difficult to know where to start and how to get the best out of the eBay platform.

Amazon Tax Canada: What You Need To Know

Estimated reading time: 7 minutes. Canada’s sales tax is a bit of a mutt. It’s not quite the same breed as the US, or as Europe, but almost a cross between the two. Canada’s sales tax is called GST (goods and services tax), and is a value-added tax, meaning it is added onto the value of an item at each stage in its manufacturing journey. Although the GST rate is consistent across Canada, the story barely begins there.

How To Sell On Shopify in 2021 [The Ultimate Guide]

Estimated reading time: 13 minutes. Shopify was started in 2004. Canadians Tobias Lütke and Scott Lake wanted to sell snowboarding equipment, but found the existing tools for ecommerce sellers too restrictive. So, they built their own. By 2007, the company was bringing in around $8,000/month. Now, monthly revenue is closer to $20million. As an industry leader, Shopify is constantly evolving to give customers the best experience, exceed their expectations and help sellers push boundaries.

Join Retail Giant Walmart’s Ecommerce Marketplace This Month for Less with the New-Seller Savings Promotion

Ever thought about selling on Walmart Marketplace? After a record sales boom in the second quarter of 2020 for the platform and growth in the triple digits, Walmart Marketplace is looking for its next generation of sellers. And as the numbers show, there’s no shortage of customers waiting. To sweeten the deal, Walmart is launching its New-Seller Savings campaign this month for any new recruits. The Promo From February 24 - March 31st 2021, new sellers get 30 days of commission-free sales and access to a first for Walmart: An exclusive online event for Marketplace sellers.

Amazon Income Tax Guide: What You Need to Know

Estimated reading time: 8 minutes. Most Amazon sellers bring in around $1000-5000/month in revenue, with around 6% making upwards of $250,000. Even after the costs and fees hidden behind those figures, that’s some substantial income. “Income” doesn’t just mean “salary”. A one-off garage sale worth $200 is technically income. It is simply money received, usually in exchange for goods and/or services. Selling on Amazon very much qualifies as an income source.

How To Save Time With eBay Automation [Sellers Guide]

Estimated reading time: 13 minutes, 30 seconds. Time is money, and when you’re a one-(wo)man band running your own eBay store, you need to take control over both as early in the game as possible. This is where eBay automation comes in. Humans are typically not good at lots of complicated, repetitive tasks - but software is designed for it. Best of all, it’s designed to handle these tasks at high volumes, scaling with you on your journey.

34 eBay Tips To Help You Sell More Products [Guide]

Estimated reading time: 20 minutes 30 seconds. The internet is full of helpful eBay tips for sellers, so in this guide, we bring the best of them together in one place. Our eBay selling tips range from general dos and don’ts, to the nitty gritty details for the most ambitious, dedicated seller. Here’s what we’ll cover, at a glance: Beginner tips for eBay seller success: Areas to focus on at the start Automation and accounting for beginners eBay seller tips and tricks to sell more: Store tips Listing and fees tips Description and pricing tips Fulfilment and supplier tips SEO tips Tips on what not to do on eBay Selling on eBay: Tips for Beginners If you are new to selling on eBay, use our tips below but focus on the following areas first.

Best Things To Sell On eBay In 2021

Estimated reading time: 12 minutes 30 seconds. Any Tom, Dick or Sally can sell almost anything on eBay. With 1.3 billion listings on the platform alone, competition is fierce, and knowing the best things to sell on eBay to make money has become an art in itself. To be a successful eBay seller in 2021, you should have a handle on where eBay has been, where it’s going, and how this translates to buyer behavior.

eBay Shipping Fees: Everything You Need To Know [Guide]

Estimated reading time: 12 minutes 30 seconds. Successful ecommerce businesses rely on efficient shipping processes. Without them, selling online is neither sustainable nor scalable. With many online retailers offering same-day or even 2-hour delivery options, consumers now expect their purchases to arrive quicker than ever. Being smart about your shipping is crucial to striking the right balance between good customer experience and realistic fulfilment on your end. The question is, can you both afford and manage the options you are offering?

eBay Global Shipping Program: Everything You Need To Know

Estimated reading time: 12 minutes 30 seconds. The eBay Global Shipping Program makes selling overseas a breeze. By taking care of packages on the behalf of sellers and sending them across the world, eBay opens up its entire global marketplace for trade. What’s in it for sellers? Millions more customers without the hassle of customs and imports paperwork. And for buyers? Access to more products with transparent shipping fees and processes.

How To Open An eBay Store [Step-By-Step Guide]

Estimated reading time: 6 minutes 30 seconds. Opening an eBay store is an excellent portal into the world of ecommerce. As one of the simplest, no-fuss selling platforms available, eBay is full of possibilities, and open to anyone. eBay has been around for a good while - since 1995, to be precise - and has positioned itself as a ‘selling partner’ in the ecommerce space. The platform is designed for sellers, whether you’re selling unwanted items, or scaling a full-time ecommerce business.

Announcing the Launch of A2X for Sage

Sage began life as a startup in 1981. Founded by David Goldman to automate the accounts of his own business, Sage now has 13,000 employees worldwide and millions of customers across 23 countries. And, in 2018, Sage took their offering to the cloud. Today, we at A2X are excited to announce that Sage Business Cloud Accounting customers will now be able to integrate with our software for seamless ecommerce accounting. Truly a world-class software match made in heaven.

The Ultimate Guide To Amazon Sales Tax [Full Resource]

Estimated reading time: 18 minutes 30 seconds. In 2020, the US is estimated to have spent over $370 million on retail ecommerce sales. By the end of 2021, this figure is expected to surpass $400 million. When Amazon was founded, the internet was relatively new and sales tax was something cemented in bricks and mortar. People shopped on streets - not online - so a physical address was enough for states to keep tabs on businesses.

eBay Business Plan Template [Highly Actionable]

Estimated reading time: 6 minutes 30 seconds. There are over 25 million sellers on eBay. No matter what you sell, with competition like that, you need to have a plan. Fortunately, with around 182 million users, there’s plenty of opportunity to grow and thrive. The purpose of an eBay business plan is to articulate your idea and figure out how to make it feasible. To do this, you will need to explore the different aspects of your business which define what it is and how it will operate.

How To Find An Amazon Accountant Or Bookkeeper [Full Guide]

Estimated reading time: 10 minutes 30 seconds. Accurate Amazon accounting is a must. The best thing you can do for your ecommerce business is to build an accounting framework that scales and nurtures your success. What does this look like? Great accounting software and the support of a specialist Amazon accountant. Whether your accountant just helps you get set up or supports you full time, their help and advice can be invaluable to the growth of your Amazon store.

eBay SEO Guide: Tips, Tools & Strategies for Success

Estimated reading time: 15 minutes. As an eBay seller, you’ve got some competition. With 182 million users and over a billion listings, you need to leverage every free tool at your disposal in the quest for that lucrative, competitive edge. Search Engine Optimization (SEO) isn’t just for Google. A free driver of organic traffic, eBay SEO just might be your new marketing best friend - it’s certainly not one to ignore.

What We Learned Analysing 1000 Shopify Payment Gateways

Estimated reading time: 7 minutes. Shopify offers payment gateway options for over 100 providers across the world. Why? So that you can provide your customers with the options most likely to suit them. A2X supports thousands of Shopify sellers with their accounting. No matter the payment gateway used, A2X interprets bank deposits and ensures that sellers have all the information they need to be able to manage their finances properly. With access to this kind of data, we can help sellers determine which gateways are proving most popular among our subscribers.

Business Intelligence and Summary Accounting: Part 2 [Interview]

Interview series with Conrad Rohleder: Part Two Traditionally, you’d wait till the end of the month to review your business’ progress and outcomes. This can leave you chasing your tail. To keep on top of the day to day, you need a way to track your business in real-time. Understanding the differences between business intelligence and accounting is one way to achieve this. In the second part of this series with Conrad Rohleder, we discuss: The difference between summary accounting and business intelligence.

The Velocity of Ecommerce and Insight: Part 3 [Interview]

Interview series with Conrad Rohleder: Part Three Everyday efficiency and clarity surrounding your business outcomes is optimised when you can integrate and review data effectively. However, not all programs are created equal when it comes to integration. Often businesses become pigeon-holed or bogged down using multiple programs that do not communicate properly. This can inhibit the growth and success of your ecommerce business. The solution? Learning to leverage business intelligence in ecommerce.

How A2X Handles VAT in All European Ecommerce Marketplaces

Estimated reading time: 9 minutes.  Anyone who runs an online store will know that the beauty of ecommerce is that its capabilities are limitless. It’s a fantastic way for retail stores of any type and size to reach a new community of customers – enabling you to expand your sales worldwide without the extensive costs of setting up a brick-and-mortar store. Ecommerce has levelled the playing field, making it possible for small businesses to compete with corporate giants on an international stage.

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.

12 Days of Christmas with A2X and Honua Bars

Estimated reading time: 2 minutes. We consider ourselves very lucky at A2X, because we get to work with some pretty awesome brands. The companies that we work with have been started by a diverse range of passionate business owners throughout the world, all with big ideas and plenty of determination. They inspire us all the time and so, this Christmas, we wanted to share some of that with you. In this 12 Days of Christmas series, we will be spotlighting a few of these brands and talking to them about their story, top ecommerce tips, and apps they like to use to help with running their businesses.

How-To Guide: Easily Integrate Walmart Seller Center With Quickbooks

Estimated reading time: 4 minutes 30 seconds. Accounting is a time-consuming necessity for all ecommerce sellers - large and small! Automating your accounts is a great way to eliminate the need for (potentially erroneous) manual data entry. Transactions are sent automatically as soon as orders complete, tallying up in your accounting software ready for you to reconcile. When it comes to accounting for ecommerce sellers, there are still some crucial parts missing in this tech stack.

Scaling Your Walmart Seller Business: Walmart Marketplace Knowledge Base

Estimated reading time: 8 minutes 30 seconds. As a business owner in the ecommerce sector, you’ll be well aware of the benefits of online market platforms. Rather than deal with the expense and the time-consuming process of building your own ecommerce platform, it makes sense to leverage ones that are already thriving. You might already be an aficionado on Amazon and Shopify, so perhaps it’s time to diversify and join the Walmart Marketplace.

The Velocity of Ecommerce and Sales: Part 1 [Interview]

Estimated reading time: 7 minutes 30 seconds. Interview series with Conrad Rohleder: Part One If you’re selling on an ecommerce platform, you want to do it right. Integrating intuitive, automated systems to handle your accounting and inventory is a must for your business. Programs such as Clearinity and A2X will save you time and money, paving the way for accelerated success. Clearinity is a cloud-based inventory management and operations optimization system, designed to make running your ecommerce business simpler and more successful.

The Impacts of Brexit and COVID-19 to the UK E-commerce Market

In Partnership with Shopify, Xero, A2X & ClearCloud Accounting In 2020 the UK was hit with a twofold setback of events which directly affected UK e-commerce retailers. Firstly, Britain leaving the European Union means a change in legislation leaving uncertainty on where businesses will lie in the new parameters. More recently COVID-19 struck and caused chaos to the economy and global markets, to which the full extent is yet to be revealed.

UK Ecommerce Accounting Software for Amazon FBA and Shopify

Running an ecommerce business in the UK comes with a unique set of challenges and opportunities. Regardless of whether you’re selling on Amazon, Shopify or another digital avenue, you need to have accurate financials in order to make sound business decisions. Many digital entrepreneurs (and their bookkeepers) manually enter the sales or payout data into their accounting system. While it may seem like a suitable solution in the beginning, this can result in more work and a wide range of issues such as reporting errors, difficulties with comparing the performance of different channels and time periods, and challenges when it comes to selling your business down the line.

eBay Bookkeeping Made Simple With A2X

Estimated reading time: 5 minutes. It’s official! A2X for eBay is here, and we are excited to be a part of this ecommerce giant’s journey. Now, sellers on eBay’s global marketplaces can benefit from A2X’s award-winning ecommerce accounting offering and integrate it directly with Managed Payments and Xero or Quickbooks. And that global marketplace is rather large: Source. Any ecommerce seller will know that bookkeeping is an essential, albeit time-consuming, part of running their business.

Shopify Accounting Day at San Francisco Shopify Merchant Lounge

Calling all Shopify Merchants in the San Francisco Bay area. On Thursday, March 19th, Shopify has organised a day dedicated entirely to help Shopify Merchants with their accounting. Shopify accounting office hours will be held from 10 am - 4.00 pm and a Shopify accounting meetup will take place from 6.00 pm. Both events will be in the Shopify Merchant Lounge. Shopify Accounting Office Hours Join accounting and tax experts Wayne Richard and Jermey Allen who are available for one on one appointments in the Shopify Merchant Lounge.

Keen to hear from QuickBooks Online experts discussing e-commerce?

Join Hector Garcia LIVE when he interviews Brittany Brown of LedgerGurus tomorrow 2/20/2020 1pm-3pm EST Register here: https://zoom.us/webinar/register/3115536351662/WN_cyfZbUStQgy4y8ywVm_W6g Brittany Brown of LedgerGurus specializes in e-commerce accounting for US-based businesses and advocates for A2X. Using A2X gives you confidence in your e-commerce financials because you know the numbers are right when it reconciles to the cash in your bank account. She’ll include a demo which shows how A2X automates important steps in Amazon and Shopify accounting.

Join A2X for an educational webinar with Xero, Shopify and WhichAddOn this Thursday

A2X Presents “Opportunities in Ecommerce & Best Practices for Accountants & Bookkeepers” Register here for an exclusive webinar this Thursday at 11 am AEST If you are an accountant, bookkeeper or cloud integrator, this webinar is for you! Register now to hear from experts on the opportunities in ecommerce and best practices for connecting and working with Shopify clients. The Line-Up Shopify will be discussing the opportunities for you in ecommerce and tips and tricks you can use to build your ecommerce client base.

Join A2X and special guests at Xerocon Brisbane 2019

The A2X team are very excited to be attending Xerocon with the main focus being the recently launched, A2X for Shopify! This week, on the 4th and 5th of September, A2X is heading along to Xerocon at the Brisbane Convention & Exhibition Centre. As well as the usual Xerocon excitement, we have a jam-packed schedule planned for you. If you’re an accountant with Shopify clients or you are interested in the e-commerce accounting niche, come by the A2X booth with all your pressing questions.

Register for the QB 'Appy Hour with A2X for Shopify

The QB ‘Appy Hour is a fun monthly webinar series dedicated to the QuickBooks Apps ecosystem. This month, experts Heather Satterley and Liz Scott will be discussing the latest Shopify and QuickBooks integration, A2X for Shopify. Register for the QB ‘Appy Hour, Aug 27, 2019 04:00 PM EST This Webinar is a must attend for accountants who have clients using the Shopify platform or those wanting to learn about the opportunities around Shopify accounting.

Join e-commerce accounting experts in Chicago at the A2X + Xero booth

This June, 25th - 28th, A2X is joining forces with Xero and heading along to the Internet Retailer Conference and Exhibition (IRCE) in Chicago. Why IRCE? IRCE is the largest e-commerce conference globally. This conference is a must attend for all e-commerce sellers. IRCE offers businesses the solutions they need to stay ahead in the dynamic e-commerce sector. What is different? A2X+Xero will be hosting an e-commerce accounting expert Q&A at the booth, with scheduled appearances from top e-commerce accounting partners, Co-Founder Catching Clouds, Scott Scharf, and Co-Founder Xendoo, Lil Roberts.

How the US Trade Tariffs Will Affect Amazon FBA Sellers [Part Two]

Estimated reading time: 10 minutes. An Interview with the Owner of a US-Based Manufacturer and Online Retailer with Karen Brady  Part One here. This company uses both CNC components produced in the US, and imported components designed in the US and manufactured in Chinese factories. The final retail products are assembled in the US and sold on from their website. Following on from the interview with ExportX’s Paul Grey, I continue my investigation into the mechanics of import/export and how the US-China Trade Wars have impacted his and other companies.

The Definitive Guide to Amazon 1099K Reports for Amazon Sellers

Estimated reading time: 7 minutes. The Amazon 1099k (or sometimes just called the 1099 or “ten-ninety-nine") is the one report we get asked about so often at A2X; ‘How do I match the 1099K to my sales, how do I know where Amazon gets their numbers, what does this all mean and why does it never easily balances back to your business management accounting?'. Now, while we will cover off on all those questions in this blog and the supporting material, this task is something that is really not necessary.

Join A2X at the QB ‘Appy Hour

The QB ‘Appy Hour is a fun monthly webinar series dedicated to the QuickBooks Apps ecosystem. This month, experts Heather Satterley and Liz Scott feature A2X in their roundup of essential apps for e-commerce. Tune in on December 11th 4.00 – 5.00pm EST. This Webinar is a must attend for accountants who have clients selling on Amazon or if you want to learn about the opportunities around Amazon accounting. Members of the A2X team will be running through a short presentation of A2X and a full demonstration connecting Amazon and QuickBooks.

Amazon Australia, Threat or Opportunity?

Estimated reading time: 3 minutes 30 seconds. Amazon launched online product sales in Australia in 2017 and has since established a strong presence in the online market. Australia and New Zealand are relatively small markets on a global scale. However, Amazon’s arrival in the Australian market has been nothing short of transformative. For businesses selling products in Australia or New Zealand - whether they’re manufacturers, start-ups, store retailers or online sellers - Amazon Australia can be seen as a threat, an opportunity, or both.