The Seller Ledger Blog
Tackling challenges in bookkeeping for eCommerce sellers
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See your profit or loss in bright color
To make it easier to see trends in your business profit or loss, as well as what’s driving it, we are excited to add a new chart to the top of your Profit and Loss report, above the traditional table: Mouse over any color on the chart to see the amount for that category, for…
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Record many mileage trips at once
Do you make a lot of the same business-related trips in your vehicle throughout the course of the year? Like going to the post office to ship packages? Do you go to the same venues to source on a regular basis? If so, manually recording each trip can become a bit burdensome when it comes…
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Home Office Deduction for Inventory Storage
Are you are an eCommerce seller who stores inventory in a closet, basement, office, attic, garage or other location in your home? You may be able to use the Home Office deduction for those spaces to reduce your tax burden. This article explains how to qualify for the Home Office Deduction and how it can…