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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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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Track Cost of Goods Sold for Product Bundles and Kits
With all the recent simplifications and improvements we’ve been making to inventory tracking in Seller Ledger, it’s time to roll out something that many sellers have been asking for: the ability to track cost of goods sold for product bundles and kits. If you use continuous inventory tracking in Seller Ledger, you likely already have…
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