The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
-
Automated accounting for Walmart Marketplace sellers is here.
Seller Ledger is pleased to announce the launch of our direct integration with Walmart Marketplace, allowing us to provide automated accounting for Walmart sellers. Like our other automated connections, Seller Ledger will import your sales, commissions and payouts each night, automatically categorize them for tax purposes, and match payouts to your linked bank account. Note:…
-
1099-K threshold for 2024 confirmed at $5,000
Earlier this week, the IRS confirmed that the 1099-K reporting threshold for 2024 will indeed remain at $5,000, “regardless of the number of such transactions.” As a reminder, payment platforms must report “gross amount of aggregate payments” in excess of that threshold. If you sold more than $5,000 using any payment platform, you should expect…
-
eBay fees too high? It depends.
One of the most common complaints we see among small eCommerce sellers is that eBay fees are too high. As are fees at Amazon, Etsy, Poshmark and other eCommerce marketplaces. This becomes especially common whenever new fee increases are announced. While price increases often produce an emotional response (we are only human, after all –…
Automate your eCommerce bookkeeping today. Import order details from online sales channels like:
Plus we also connect to PayPal and most banks and credit cards
30-day free trial, no credit card required.