Scale Up

Get Better Accounting for Shopify with A2X for Shopify

Shopify sellers have better accounting with A2X for Shopify integration Updated October 2020. Estimated reading time: 4 minutes, 30 seconds. In today’s technology-driven world, there is no real excuse for poor accounting. While most businesses and Shopify sellers find it a monotonous and time-consuming chore, it’s essential for tracking, managing and optimizing the growth of your business. Say goodbye to spreadsheets and invest in user-friendly and effective accounting software. Having a robust system in place will help you manage your cash flow and taxes – simplifying your finances.

Grow Your Business with a Successful Data-Driven Strategy

Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. Estimated reading time: 3 minutes. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will:

A Complete List of Walmart Product Categories

A Complete List Of Walmart Product Categories Estimated reading time: 10 minutes. With no set-up or ongoing membership fees, a wide customer base and less competition than many other online platforms, Walmart Marketplace has emerged as a major opportunity for ecommerce sellers. It is important as a seller on Walmart Marketplace that you categorize your items correctly. This not only determines customer experience and visibility, but it directly affects the fees that you will need to pay the platform.

Walmart Fulfilment Services: What You Need to Know

Estimated reading time: 4 minutes. Fulfillment by Amazon (FBA) had given the ecommerce giant an edge over its competition - until now. With Walmart Fulfillment Services (WFS) launching nation-wide, Walmart Marketplace sellers can now leverage the extensive fulfillment network and experience of this retail goliath, giving their customers a smooth buying experience without the hassle. What’s the catch, you say? Well, there needn’t be one. From Walmart Fulfillment Services cost to process, eligibility and set up, here’s everything you need to know.

Walmart Advertising Strategy Guide: How To Harness The Power Of Performance Ads

Estimated reading time: 13 minutes. “Retail e-commerce sales projected to pass 4 trillion (14.6% of total retail sales) by 2020.” - Interana Competition is rife in ecommerce, and that’s only set to increase. Whilst studies say that the number of us blocking ads has gone up, that doesn’t mean we should give up on advertising altogether. This is why performance-based advertising is so popular - you only pay for desired actions once you’ve received them.

A2X for Walmart Launch | Seamlessly Automate your Walmart Accounting with A2X

Estimated reading time: 8 minutes. Today is an exciting day for everyone here at A2X. That’s because today, we are thrilled to announce the launch of A2X for Walmart. While Walmart has traditionally been a big box retailer operating megastores throughout the world, they recently entered the online shopping industry in a big way - by creating the Walmart Marketplace and acquiring a number of smaller online shopping platforms to fuel their growth.

Walmart vs. Amazon: The Changing Landscape For Ecommerce Sellers

Walmart is one of the most recognizable brands in the world. With a momentous footprint in the US, the giant has moved into ecommerce and is taking it by storm. Almost anyone can sell on Amazon. Merchants are in their millions which makes competition rife, selling strategies complex and standards strict. It’s likely that you are already selling on Amazon, and may be intrigued by the new kid on the block - what does Walmart offer that Amazon doesn’t, and should you be getting a piece of the pie?

Why More Sellers Are Diversifying Away from Amazon

About the author - Wayne is a management accountant who forged a 15-year career with tech heavyweight Hewlett Packard. He is now the COO and resident eCommerce accounting expert at Bean Ninjas. When Wayne isn’t managing a global team and equipping eCommerce entrepreneurs with the financial tools they need to enjoy business success and lifestyle freedom, he’s being an everyday superhero to his wife and five children.

Accounting for Facebook Shops with A2X for Shopify

Learn how A2X can integrate with Facebook Shops in order to give you automated and accurate accouting for your business. There’s no other digital marketing opportunity quite like social media. It’s one of the easiest ways to spread the word about your brand, engage potential local and international customers – and ultimately grow your e-commerce business. Facebook has dominated the social media market for a decade. Not only is it the platform of choice for connecting with family and friends, but it’s also the go-to marketing tool for most business owners.

The Ultimate List of Tools for Amazon UK Sellers

Streamline your operations and get ahead of the competition. Here are the top tools you need to be using if you’re selling on Amazon UK. In 2002, Amazon launched its UK marketplace, allowing third-party sellers to sell their products to local and international Amazon customers. Over the past 18 years, Amazon UK has grown to be the second-largest marketplace in Europe, and thanks to Europe’s version of Fulfilment by Amazon (FBA) – called the European Fulfilment Network (EFN) – over 280,000 UK sellers use the online marketplace.

6 Common Accounting Mistakes that FBA Sellers Make

This is a guest post from our partners at Bean Ninjas. Did you know that more than 50% of Amazon’s $280 billion in revenue comes from FBA sellers? The competition for sales has only grown with FBA sellers doing anything they can to get an edge. In some cases, this includes unethical or downright criminal practices to get more sales or hurt their competition. So, the last thing you want to do is create self-inflicted problems.

How to get reconciled Shopify POS accounting

As a busy retail shop owner, your time is spread across a wide range of activities every week. Whether it’s looking after customers, managing staff or setting up your systems for success, the last thing you want to do is create unnecessary work. And while simplicity is a virtue in any business, the retail landscape has grown much more complex thanks to the prominence of the internet. Customers expect us to be present on social media, have an online store, and provide a range of shopping options to suit their preferences.

Amazon Pay accounting and reconciliation with A2X

Finally a way to accurately automate your Amazon pay accounting and reconciliation with A2X for Amazon. Here’s how. When customers check out with Amazon Pay, the sales proceeds arrive in the merchant bank account up to two weeks later. They are batched with other transactions and various fees are deducted. Often the merchant has no way to account for the fees or to reconcile the funds received with the sales orders they see in Shopify or other sales channels.

Amazon FBA Sellers Get Better Accounting with A2X

Accurate accounting thanks to seamless integration With the number of apps and technology available today for e-commerce sellers, manual accounting processes can be – and should be – a thing of the past. There are few other business tasks as essential, yet labour-intensive, as accounting. It can both drive the growth of your business forward, and at the same time, completely overwhelm you. There is a time and a place for manual spreadsheets and processes, often best used at the start of your Amazon FBA journey when order numbers are low.

The authentic buyer’s guide to Shopify automation

Where to automate your business – and with what apps Shopify is one of the biggest names in e-commerce, so big that it’s hard to remember a time when the platform didn’t exist. Over the past 15 years, Shopify has well and truly carved its name into the web application hall of fame, offering traditional retailers and entrepreneurs alike the freedom and wealth of e-commerce. With a myriad of different e-commerce platforms available to today’s keen entrepreneurs, there are many reasons why Shopify’s star shines so bright.

How to Offer Free Shipping on Shopify to Boost Sales

Boost your sales with a free shipping incentive Free shipping is well proven to be one of the most enticing offers that online stores can give their customers. When used effectively, it can increase the total amount a person is willing to spend at your store. But sometimes e-commerce sellers are hesitant to offer free shipping because they fear they’ll lose out – free shipping isn’t exactly ‘free’ after all, someone still has to pay for it.

The authentic buyer’s guide to Amazon automation

Why, how and with what apps Every online retailers’ dream is to grow a successful business, and while it’s not the reality for some (some products just won’t sell), it has been and can be attainable for many. Since its inception 25 years ago, Amazon has evolved to become the largest online marketplace in the United States. Amazon’s customer base by far exceeds that of its competitors, with 12 marketplaces worldwide generating US$280.

How to remove ‘Powered by Shopify’ from your store

Simple instructions for removing Shopify’s branding By default, when you create a new Shopify online store, the branding ‘Powered by Shopify’ is automatically added in two different places: the first, your store’s footer, and the second, on your store’s password page (if your website is password protected or not yet live). This is to let customers know that you have used Shopify to build your online store. For some Shopify sellers, the ‘Powered by Shopify’ brand isn’t a bother.

Full List of Amazon FBA Warehouse Locations and Sales tax rate by State

Amazon FBA Warehouse Locations Keeping on top of your inventory and the different sales tax rates associated with each state can be a juggle. There’s nexus to consider, both physical and economic, as well as local sales tax which drives the total state tax rate up. Of the 50 US states (plus Washington DC), Amazon currently owns and operates fulfilment centres in 27. As an FBA seller, it’s important that you know this because it influences which states you should be collecting sales tax in.

Shopify Fulfilment Network Guide: What you need to know and how you can leverage this to expand your business

On June 19th, 2019, Shopify announced their largest development to date - the Shopify Fulfilment Network (SFN). Through combining sophisticated machine learning systems with a geographically dispersed network of warehousing facilities, Shopify aims to make it easier for online sellers to successfully grow their brands. “Shopify is known for having simplified the online shopping experience, and we are now taking this one step further — making the fulfillment systems and technology that used to be reserved for the largest companies in the world accessible and affordable to every merchant, even those just starting to take off.

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.

Business Intelligence and Summary Accounting - Part 2

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.

11 Actionable Shopify SEO tips for your Shopify Store

Get your store ranking well for the right target keywords It’s the age-old question any business faces – how do you get more customers? For Shopify retailers, it’s not a simple matter of building a beautiful store to draw shoppers. To increase your online visibility, you need to make it easy for your customers to find you. This is where you can use search engine optimisation (SEO) to improve your store’s ranking, website traffic, and ultimately, customer purchases.

How to Drive Traffic to your Shopify Store

Marketing tips and tricks on how to drive traffic and sales You’ve launched your Shopify store – congratulations! Now that you’ve set up shop and you’re ready to market your products to the world, the next step is to think about how you’re going to drive traffic to your online store. You need customers! As an e-commerce merchant, attracting new customers and driving organic or paid traffic to your website is key to all parts of your business; brand awareness, customer engagement, sales and return purchases.

The Best Apps to Fully Automate Your Shopify Store

How to fully automate your store functions As a seller, you’ll know the beauty of e-commerce is that you can run your business – and sell your products – from anywhere, and to anyone, in the world. While that creates accessibility and flexibility, it doesn’t necessarily make business any easier. Automating your store functions is the best way to streamline your e-commerce business, removing the manual busywork, so you can concentrate on more valuable tasks – the ones necessary to growing your business.

Accounting for Shopify - The Best Shopify Apps for Accounting

Cloud-based apps and software have revolutionized the digital landscape for businesses and consumers alike. By removing the need to store everything on physical drives, and making information available at all times through the cloud, a new world of possibilities have emerged that simply weren’t possible 20 years ago. When it comes to accounting for your store’s transactions, cloud-based apps offer a wide range of ways to simplify your activities and free up more time to focus on higher value tasks.

The Top 10 Best Shopify Apps to Increase Sales

Marketing, sales, customer service and back-office You’ve set up your Shopify store and now you’re ready to grow your business, and that means increasing sales. Shopify’s App Store is full of free and paid plugins you can easily integrate and use to your advantage. Too much choice, though, makes it hard to know where to invest your time – and sometimes money. So, we’ve done the research for you, compiling a list of the top ten apps you need to grow your turnover and revenue.

How-To Guide: Seamlessly Integrate Shopify with QuickBooks

Integrating Shopify with QuickBooks. Step-by-step instructions using A2X Good, accurate accounting is fundamental to the growth and compliance of any business. For small e-commerce sellers, crunching numbers, while essential, is one of those back-office admin tasks that chews up a lot of time and effort. For that main reason, e-commerce sellers often turn to third-party accounting software like QuickBooks to help them automate their business financials. Lots of Shopify sellers currently use QuickBooks, and if you’ve stumbled across this article, we’re guessing you’re in that boat.

Amazon and Shopify accounting with QuickBooks Enterprise

A2X for Amazon, and A2X for Shopify are helping thousands of e-commerce sellers across the world automate their accounting. In these two guides, we’ll show you how users of the QuickBooks Desktop and QuickBooks Enterprise products can use A2X to account for their Amazon sales and/or their Shopify sales. Using A2X for Amazon with QuickBooks Desktop and QuickBooks Enterprise Using A2X for Shopify with QuickBooks Desktop and QuickBooks Enterprise What is A2X for Amazon?

How-To Guide: Seamlessly Integrate Shopify and Xero

Integrating Shopify with Xero. Step-by-step instructions using A2X You have your Shopify store, and your accounting software Xero – and now you’re looking to integrate the two. No problem. This how-to guide includes step-by-step instructions on how to sync them up – including using an accounting connector app. “No! Not another app to add to the mix!” we hear you say. But, it’ll be worth it, promise. This guide will take you through how to easily integrate A2X with both Shopify and Xero and why your e-commerce business will benefit tremendously from using an accounting connector.

The Best Amazon FBA Podcasts you need to be listening to in 2019

Expand your knowledge, grow your business Whether you’re a podcast virgin or an in-the-know regular, there’s no denying podcasts are a great tool for Amazon FBA sellers. In a matter of minutes you can learn about the latest update or a new marketing tactic, get inspiration and advice – all while working at home or driving the kids to school. We’ve put together a list of the podcasts you should be listening to in 2019 to expand your knowledge and grow your Amazon FBA business:

How To Pack Your Products for Amazon FBA

You have decided to use Amazon FBA for your business fulfillment requirements and now you have arrived at the point where it’s time to package your first shipment. You want to make sure that there are no delays, no unforeseen costs, and that your goods arrive at their destination in the same condition they left your business. Why does correct packaging matter? It is not just a matter of packing your products into a box and sending it to Amazon.

Using spreadsheets for your Amazon accounting? Here's how it compares to A2X

Patti Scharf from Catching Clouds gave a great summary of the benefits and problems with spreadsheet based accounting for Amazon and why a specific Amazon accounting solution like A2X can make it more automated, and accurate. We always tell Amazon sellers it’s better to focus on value-add activities in the Amazon business such as new product development or sales and marketing, instead of boring/time-consuming spreadsheet accounting. Similarly for accountants, it means moving to value-based services and automating the mundane data entry, so you can focus on the high-value consulting and advice that is both a more valuable use of your time, and more beneficial to your clients.

Why most Amazon seller businesses don’t work and what to do about it!

Michael Gerber is widely regarded as one of the top small business gurus of all time. He authored the bestselling book The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It, along with more than 30 other educational commerce guides. Over the past 40 years, Michael has been educating and empowering small business owners around the world, helping them to succeed and essentially create businesses that are very attractive for acquisition.

Intelligent automation for the Amazon Seller

It’s a reality. Our world is becoming more automated every single day. Integrations connect different apps, plugins are able to handle large amounts of information with ease, and businesses are turning to automation for a competitive edge. At first glance, automation might seem out of reach for many Amazon sellers. What was once the domain of large organizations with deep pockets is now accessible to anyone with a laptop and a ‘can do’ attitude.

Amazon FBA in the UK and how A2X makes accounting so much easier

This article is has been written with our good friends at OD Accountants in the UK. It discusses the growth of Amazon FBA in the UK and how OD Accountants have been working though the challenges of Amazon accounting with the help of A2X. During recent years, online marketplaces have transformed the way we shop. Amazon brings together sellers, merchants and businesses in almost every industry into a highly competitive marketplace.

What is sales tax and why does it matter to me?

This article is a guest post from our good friends at MuseMinded. They have teamed up with Permitted to offer a free sales tax starter kit for US-based Amazon sellers. Learn more here. In the Amazon FBA community, sales tax has become quite a controversial topic during recent years. To understand why, let’s start by taking a look at what sales tax actually is. Sales tax is a ‘consumption tax’, which is supposed to be paid when a good is consumed (or sold at the retail level).

Systems that scale - Preparing your FBA business to enter new markets

This article is the third and final post in our three-part series of tips and tools for people that are thinking about selling on Amazon. In the following paragraphs, we take a look at the differences between analytics and accounting, the importance of getting the right tools and software in place before entering new markets, and things to consider when entering new markets. We are living in an increasingly globalized world, where the internet has broken down many of the barriers to trade and entry into foreign markets.

What does your E-Commerce Technology Platform Development plan look like?

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. Clearinity noticed that the best business builders will tell you that they have a plan for their business.

5 Growth Opportunities Every Amazon Seller Should Take Advantage Of

Are you looking to grow your business but don’t really know where to start? Whether you’re new to selling on Amazon or have been doing it for years, you should always have your eyes set on growth. That means setting goals, outlining how you’ll achieve them, regularly checking your progress and making adjustments as needed. So how can you actually grow your Amazon business? While there are several ways to take your storefront to the next level, here are five growth opportunities to take advantage of now:

A brief guide to VAT obligations for Amazon merchants selling in Europe

There’s no denying that automation drives efficiency and reduces cost. In the long run, the most efficient players in any given market have the best chances of winning market share and building long-lasting businesses. For eCommerce, warehousing and fulfilment, Amazon has positioned itself to take full advantage of the coming automation era by implementing the latest technologies and creating a highly automated eco-system. Amazon’s offering makes it much easier for merchants to sell internationally than ever before.

Amazon Bookkeeping tips from Patti Scharf, Catching Clouds

Patti Scharf from Catching Clouds has published this fantastic video on the Catching Clouds Academy YouTube channel introducing the many challenges and mistakes Amazon sellers make when accounting for their Amazon sales, and how you should be doing it (with A2X). Here’s the video, I highly recommend checking it out: Patti is putting out a ton of great videos, so if you like this one, subscribe to their channel.

8 Inventory Financing Options for Amazon Sellers

Financing inventory can be intimidating and often stressful even for bigger sellers. But, it doesn’t have to be. When you’re short on much-needed inventory, it’s easy to make rash decisions when it comes to financing it. The best thing you can do is take a step back, do your research and consider your options. 1. Money in the Bank If you have enough personal savings to fund your holiday inventory, you can pay for your next purchase order or closeout sale (in the case of retail arbitrage) interest free.

Online Business Banks Time, Ahead of Amazon Australia Launch

Time gained with A2X will be crucial as Amazon launches in Australia. Kerin* runs a highly successful online business. She had grand growth ideas in the pipeline, but not enough time to set them in motion. A2X is the automated Amazon marketplace accounting service that Kerin used to win back 20 hours a month and the opportunity to grow her business – fast. Kerin and her husband have been running their own very successful online business since 2012, selling world-wide from their base in Australia.

When to hire an accountant for your Amazon business

Hiring an accountant for your Amazon business can be expensive. And if you’re a startup or small business selling through the Amazon marketplace, doing it yourself can seem like a smart way to save money. But as you grow, your accounts get more complicated. You may need to switch from cash accounting to accrual accounting, and you’ll probably find it harder and harder to handle the information coming in from Amazon – their settlement data is notoriously difficult to reconcile.

Amazon Lending Has Funded 20,000 Businesses

Amazon last week promoted its Amazon Lending program with a press release announcing that it has surpassed $3 billion in loans to small businesses since the its launch in 2011. Amazon Lending provides funds to businesses that sell through Amazon marketplaces, with the loans repaid from the proceeds of products sold through Amazon. The concept is a good one; businesses gain the working capital to fund more inventory of popular products, that generates more sales, those businesses grow, and Amazon’s overall revenue grows accordingly.

Grouping sales by product type in A2X

Introduction In A2X we can group sales all together or we can split them by SKU or product type. Grouping by SKU is fairly obvious, by product type is a little more complicated! In this post we’re going to show you how grouping by product type works. I’d like to say upfront, product types are generally an extra-for-experts setting that not all users are going to want or need, it lets you group many different SKUs into single invoice line items for special accounting or tax treatment.