Shopify Bookkeeping Guide: How to Master E-Commerce Financials & Avoid Audits
Effectively, mastering Shopify bookkeeping is the difference between running a profitable e-commerce brand and merely churning cash. However, many store owners fall into the trap of assuming that their Shopify dashboard equals their financial reality. Specifically, ignoring the complexities of payment gateways, sales tax nexus, and inventory costs can lead to disastrous tax filings. Below, […]
Merchant Reconciliation Guide: How to Unscramble Stripe, Square & PayPal Payouts
Merchant reconciliation is the often-overlooked backbone of accurate financial reporting for modern businesses. Whether you operate a bustling e-commerce store or a high-traffic local cafe, your payment processor—be it Stripe, Square, or PayPal—is not just a bank account; it is a complex holding area for your revenue. Unfortunately, many business owners make the critical mistake […]