THE SELLER LEDGER BLOG
Bookkeeping tips for
eCommerce sellers
Stay on top of accounting, taxes, and finances so you can focus on selling.
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Break a large inventory purchase into smaller items
Are you a card trader or someone who buys larger lots of items and breaks them into smaller groupings to sell? If so, we’re excited to announce some new capabilities to Seller Ledger’s inventory tracking. You can now break a larger inventory purchase into smaller items. Thanks to all of our sellers on platforms like…
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How to Handle Sub-Accounts from Shopify and Found
As more financial institutions look for creative ways to help customers manage their money, it can introduce some interesting questions. Shopify has partnered with Fifth Third Bank and others to offer Shopify Balance accounts, with the ability to add extra sub-accounts to track things like sales tax collected and more. And, we recently had a…
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Flexible Inventory Tracking: From Basic Counts to Item-Level Detail
Let’s face it – inventory tracking is the hardest, most laborious part of eCommerce accounting and bookkeeping. Many small sellers choose to skip it altogether, using the cash-based method of writing off every inventory item as cost of goods sold as soon as they make the purchases. Others try tracking the cost of every item…
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