Walmart
Clunky integration, messy sales data? Not with A2X, say LedgerGurus
From single mum to CEO of 60+ employees After unexpected circumstances left Brittany Brown as a solo mum (with no education to fall back on), she decided to go back to school and get her accounting degree. She was about to graduate and was being actively recruited by some of the ‘Big Four’ public accounting firms in North America, but she could tell they weren’t the right fit. She took a job with a small, local accounting firm instead, but around the same time, client accounting services were growing – and the idea sparked the start of Brittany’s own firm, LedgerGurus.
Multi-channel clients require a multi-pronged approach
Riding the early wave of eCommerce accounting In 2011, when husband and wife duo Scott and Patti Scharf founded their eCommerce accounting firm Catching Clouds, Amazon dominated the online shopping sphere. Over a decade later, the market has exploded with Shopify, Etsy, Walmart, eBay and international Amazon iterations joining the fray. As one of the first accounting businesses to specialise in eCommerce, Catching Clouds has gone from strength to strength, taking on larger clients, going beyond simple bookkeeping and recently merging with Acuity.
Using digital tools brings about new business opportunities for Elver Ecommerce Accounting
From humble beginnings to specialists in eCommerce Around eight years ago, Steve Blackmore was working from home in the UK – he’d just started his own accounting practice. He admits the first six months were a steep learning curve, with new clients slowly trickling in, but it wasn’t long before it became his full-time gig.
Over time, the growth led to leasing an office and hiring more staff, including his son Oliver.
Understanding Ecommerce Sales Tax
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.
Integrating awesome technology for fast-scaling clients
For the love of tech After 15 years working as an accountant, Philip Oakley decided it was time for a change. He took the part of his job he loved the most – the tech – and started helping businesses find the right cloud solutions to sell their products and services online. Fast-forward 13 years and OutserveWeb has partnered with some of the biggest names in cloud tech including Shopify and Unleashed.
Why Every Amazon Seller Should Consider Expanding to Selling on Walmart
Amazon finally has a real competitor in the ecommerce space, and it’s none other than retail giant Walmart. Now that the latter’s platform is exploding in growth, merchants would be wise to explore their options.
Expanding your Amazon business to selling on Walmart is a smart move to increase your reach and revenue. While Amazon is the largest online marketplace, Walmart marketplace has seen impressive growth in recent years and offers several benefits to sellers.
Why Ecommerce Business Owners Need to Work with an Accounting and Bookkeeping Expert
This article is a guest post from our friends at Ecombalance, a monthly bookkeeping service and A2X Gold Partner.
Starting, running, and scaling an ecommerce business can be a difficult and complicated process, especially when it comes to your ecommerce bookkeeping and accounting. In addition to managing your inventory, shipping, customer service and more, you also need to keep up with the financial side of your business. This means staying on top of taxes, filing accurate financial statements, understanding business deductions, tracking expenses and more.
How To Sell On Multiple Channels (2023 Guide)
Have you ever stood in a store, about to buy a product, and then quickly checked online to see if it’s cheaper?
Yeah, you’re far from alone.
We live decidedly multichannel lives these days. As customers, we have choice.
It might be shopping through ecommerce sites, brick-and-mortar stores, social media, or market stalls. And we expect our favorite brands and products to be there waiting for us across a variety of mediums.
Social Media for Ecommerce Businesses Today [2023 Guide]
“Pushing a company agenda on social media is like throwing water balloons at a porcupine.”
Erik Qualman, author and motivational speaker. It’s no secret that social media is a powerful tool for businesses.
But its power lies in engaging with the right audience in the right way, which is not an easy thing to nail. Particularly when audience interests, needs, and expectations change.
Simply posting an ad or a product is not enough.
How to Sell on Walmart Marketplace in 2023: The Definitive Guide
Walmart exists to make life easier for consumers.
This is clear in everything from their branding to the layout of their physical stores - it’s a one-stop shop; it’s the most affordable stuff all in one place; it’s trusted, recognizable brands that consumers know and can depend on.
Walmart’s fast growing online marketplace is an opportunity for business owners and entrepreneurs to get all the benefits of having their products in a department store, with the convenience and increased reach of ecommerce.
How Does Accounting Compare Across Ecommerce Platforms Today? An A2X x Insightful Accountant Webinar
On 26th May 2021, we took part in a webinar with Insightful Accountant to discuss how ecommerce sellers need different kinds of accounting support based on their selling platform. We explored what’s changed and still changing, the key accounting challenges for each type of seller, and trends emerging within the industry. Armed with these insights, ecommerce accountants can anticipate the changing needs of their clients this year and better serve them in their journeys.
Why A2X for Xero Is A Great OneSaas Alternative
There are thousands of ecommerce apps and integrations on the market today all trying to solve problems for sellers.
Whether it’s accounting, fulfilment, customer management, marketing or tax compliance, business owners are able to design a tech stack that perfectly services their unique needs and goals, and removes much of the requirement for human input. As much as a customized infrastructure is an incredible resource, having numerous separate apps poses a tricky challenge: How do you get them talking to each other?
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.
How-To Guide: Easily Integrate Walmart With Xero
Ensuring that your accounts are reconciled, accurate and up-to-date is easier said than done for most ecommerce sellers.
It’s tricky enough for those selling only on Walmart Marketplace, but if you have a more diverse portfolio with multiple channels and potentially locations, balancing those books can be a real minefield. Unfortunately though, it is a crucial part of the business.
Automating your accounting makes good business sense. When you automate, your transactions are downloaded as settlement payments come through, which means that you can keep on top of your orders, and bank deposits with ease.
How-To Guide: Easily Integrate Walmart Seller Center With QuickBooks
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. As a seller, you need certain information in order to survive and thrive, which A2X can help with.
Scaling Your Walmart Seller Business: Walmart Marketplace Knowledge Base
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. Or maybe you’re just starting out as an online entrepreneur, and want to plan ahead.
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.
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
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. For more information on this and how it works, check out their instructional video.
Walmart Fulfilment Services: What You Need to Know
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
“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.
Walmart Sales Tax - How To Do It The Right Way
Sales tax is one of the greatest challenges for ecommerce sellers in the US. Why? Because compliance requirements differ across the states, and the consequences of getting it wrong can be quite significant.
In 2018, the South Dakota vs. Wayfair Inc. ruling changed the tax landscape for remote sellers for good. With this decision came a wave of state-specific rules and definitions of tax nexus, leaving many sellers - small and large - confused about their obligations.
A2X for Walmart Launch | Seamlessly Automate your Walmart Accounting with A2X
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.
If you’re selling on Walmart, or planning to sign up in the near future, then you’ll be pleased to know that A2X for Walmart is here to take the hassle out of ecommerce accounting.
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.
As 2020 rages on with global health and financial crises, we decided to take a pulse check on the state of eCommerce.
A2X now has the 'Sign in with Intuit' option
A2X is now even more convenient for you to use. A2X/QuickBooks users can now safely sign in with Intuit.
A button that you will see on the A2X ‘Sign in’ and ‘Sign up’ screens labelled ‘Sign in with Intuit’ will allow you to sign in with your Intuit login details.
Here is how it is done:
Step 1 -Select ‘Sign in with Intuit’ After pressing this button, what you see next will depend on whether you are already logged into QuickBooks in your browser, and whether you have already granted A2X limited access to your basic QuickBooks details.
Cyndi Thomason | bookskeep
bookskeep paves a profit first path for ambitious ecommerce sellers Discover how Cyndi Thomason built her bookkeeping empire from the ground up with the help of smart digital tools like A2X. These days, bookskeep is thriving, helping ecommerce businesses turn healthy profits, and Cyndi (now a bestselling author) has cemented herself as a leading figure in the ecommerce accounting community.
Juggling work and mum life As with many accountants, Cyndi Thomason’s career started in the corporate world.
How aggregator Cap Hill Brands automates month-end close across 27+ ecommerce stores
Explore how online consumer brand company Cap Hill Brands has quickly cemented itself as one of the top four aggregators in the US, and how A2X plays a critical role in its mission to nurture ecommerce brands into thriving global businesses. Taking ecommerce consumer brands to the next level With pandemic shopping and a new wave of online sellers entering the market, more and more Amazon aggregators are exploding onto the ecommerce scene.
Unloop and A2X | eCommerce Accounting on Autopilot
Helping clients turn their eCommerce accounting onto autopilot Combining the power of people and technology, Unloop is helping eCommerce founders gain control of their finances, using digital tools like A2X to put their accounting on autopilot. Together with other big-name systems like Xero, QuickBooks, Dext, Hubdoc, DEAR, Slack, Zoom, ClickUp and Loom, Unloop and its clients are headed for lightning-fast growth.
From public to eCommerce accountant As with many professional CPAs, Michael Pignatelli cut his accounting teeth at one of the well-known ‘Big Four’, Deloitte.
