The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
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Are Sales Tax, Shipping and other fees part of Cost of Goods Sold?
We recently received a question about whether sales tax should be included when calculating cost of goods sold. Because this is a very common scenario, we decided that this would make an interesting blog topic. There are actually a couple of key questions here: What is included in Cost of Goods? When you purchase items…
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Pay eCommerce estimated taxes – accurately and on time
In time for 2023 third quarter estimated taxes, Seller Ledger has released a new feature to make calculating your tax obligation easy. New “Quarterly” taxes tab Under the Taxes section, you will see a new tab labeled “Quarterly”. Clicking on it will bring you to a screen like this: Seller Ledger now estimates your quarterly…
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Tracking cost of goods sold with eBay
eBay cost of goods sold tracking has been a challenge for years (as we have heard from both customers and members of the eBay management team.) Not too long ago, Seller Ledger rolled out inventory tracking, complete with some nifty automated cost of goods sold calculations. But for eBay sellers, that functionality depends on the…