eCommerce

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

Use cloud-based software and A2X to level up your accounting Whether you’re just starting or you’re a well-established online business, you’ll probably have heard of eBay. Established in 1995, it’s been a popular online auction marketplace for many years and is a great way for e-commerce businesses to supplement their existing revenue channels. Most eBay sellers will agree that bookkeeping can be painstakingly time-consuming – but it’s the price you pay for being an entrepreneur.

E-Commerce Accounting: What Makes It So Different?

What makes e-commerce accounting different and how using an e-commerce accountant will help You’ve started an e-commerce store, and you’re slowly getting the different parts of your business sorted – suppliers, inventory, sales and marketing. Then you get to the not-so-simple matter of sorting your accounting. You remember taking a couple of accounting classes way back in high school, so you could try and muddle your way through if you had to.

Introducing Shopify POS powered by A2X for Shopify

Shopify has launched a new point of sale tool for retailers to accompany their suite of powerful tools for ecommerce merchants. As the leaders in ecommerce accounting, A2X, alongside Xero will be supporting the launch with a promotional plan for 50% off both A2X and Xero subscriptions for 6 months (subject to terms & conditions). A2X for Shopify works flawlessly with Shopify POS (point of sale) Make omni-channel selling is a breeze, A2X will break out, summarise and simplify your POS and ecommerce sales directly into your accounting system.

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.

The 10 E-commerce Accounting Principles

The accounting basics you need to know and understand As bookskeep CEO Cyndi Thomason puts it, “E-commerce businesses are really data businesses” – and we couldn’t agree more! While most e-commerce sellers don’t get into business for the accounting, its important to understand your numbers if you’re to grow not only a profitable business – but a healthy one too. bookskeep started like most other e-commerce businesses – out of necessity.

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.

Understanding E-commerce sales tax – a guide

Understanding the basics in the US and overseas If e-commerce sales tax has you scratching your head, you’re not alone. It’s a complicated, ever-evolving beast that not only changes between countries, but in the case of the US, between states as well. While we can’t promise you’ll be an e-commerce sales tax professional after reading this guide, it does cover the basics – and points you in the right direction of where and how to get started with sales tax in the US and internationally.

The Velocity of Ecommerce and Insight - Part 3

Intro: Whether you’re on the go or in the office A2X will save you time and money. You’re selling on an e-commerce platform and you want to do it right. This video is an interview with Conrad Rohleder, founder of Clearinity, a premier integration company. Conrad Rohleder: When you had brick-and-mortar stores, a customer had to stand in front of you and you had to sell them a product.

The Velocity of Ecommerce and Sales - Part 1

Early teleshopping in France, in the 1970s, paved the way for today’s ecommerce store, and now, 51% of Americans now prefer to shop online rather than in-store. A memorable brand experience and gaining long term customers is still the objective for any seller. Although social media has proven a powerful tool for marketing products, the urge persists for many shoppers to just get-out-there and find real human interactions.

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.

The Effect of US Trade Tariffs on Ecommerce Sellers

PART TWO - An Interview with the owner of a US based manufacturer and online retailer - By Karen Brady Click here for PART ONE 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 current Trade Wars have impacted his and other companies.

The definitive guide to Amazon 1099K reports for Amazon Sellers

What does the 1099K mean? How do I reconcile a 1099K? Why are the financials not accurate for business management accounting? Introducing the 1099K report from Amazon 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?

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.

Ecommerce options: whether to sell through Amazon or your own website

Amazon is an e-commerce 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.

Amazon Australia, Threat or Opportunity?

Amazon is preparing to launch online product sales in Australia in the next few weeks. As everyone knows, Amazon is the Western world’s largest online retailer, offering customers almost any product, delivering almost anywhere, and all at very competitive prices. Australia and New Zealand are relatively small markets, and Amazon’s arrival will be transformative. For businesses selling products in Australia or New Zealand, whether they’re manufacturers, startups, store retailers or online sellers, Amazon Australia could be a dire threat or an unprecedented opportunity, or both.