Schultz & Associates, CPA

Amazon FBA inventory accounting can get messy pretty quickly. You buy inventory, ship it to Amazon and Amazon handles the orders from there. That makes fulfillment easier. It does not necessarily make the accounting easier. At any given time, your…Continue readingAmazon FBA Inventory Accounting: What Ecommerce Owners Need to Know

An ecommerce company has $2 million of Amazon sales and $1 million of Shopify sales. It is easy to look at those numbers and assume Amazon is twice as important to the business. But how much money did you actually…Continue readingEcommerce Multi-Channel Profitability: Sales Don’t Tell the Whole Story

You receive $100,000 from Shopify Capital. After that, Shopify starts taking a percentage of your daily sales until the agreed amount has been collected. If you are looking at the bank activity, it would be easy to confuse some of…Continue readingEcommerce Financing That Doesn’t Look Like a Normal Loan

You ordered $200,000 of inventory from China in November. It shipped in December but will not arrive at your warehouse until January. Is it inventory at December 31? Maybe. The answer depends on when you took ownership of the product.…Continue readingEcommerce Goods in Transit: Is That Inventory Already Yours?

You made the sale, but all of the money did not make it to your bank account. Payment processors and ecommerce platforms sometimes hold part of a seller’s money in reserve. Shopify Payments, Stripe, PayPal and Amazon can all hold…Continue readingEcommerce Payment Processor Reserves and Holds: Where Is Your Money?

The basics of Ecommerce Cost Per Acquistion Lucky you. You have stumbled upon a article about Ecommerce Cost Per Acquisition (CPA), that was written by a Certified Public Accountant (CPA).  But I promise that I will not use accounting lingo. …Continue readingEcommerce Cost Per Acquisition