Learning Center

Avoid Getting Lost in the Amazon Seller Digital Jungle

Written by Chase Insogna, CPA | Aug 31, 2022 9:35:25 PM

Selling on Amazon is like getting lost in a digital jungle among thousands of other sellers. Amazon’s services do not cover your store’s day-to-day financials and accounting.

When it comes to your finances, ask yourself a few questions:

  • Are you collecting sales tax from the correct territories?
  • Have you calculated your Cost of Goods Sold correctly?
  • Are your books showing you the full financial picture of your business?
  • Do you really want to do all of this on your own?
  • Are you keeping proper track of your Amazon seller financial transactions?
  • Or, are you feeling like you don’t know what you don’t know?

Without solid bookkeeping and accounting, you might find your eCommerce business in some difficulties, especially once tax filing season comes around.

Insogna CPA specializes in eCommerce and Amazon selling accounting services. We don’t need to learn how it works. We can hit the ground running on day one. You can expect fast turnaround times, accurate records, and a true partner to help you through the financial side of your business.

In addition to accurate bookkeeping and accounting records, we also assist you in tax planning and paying the right taxes throughout the year.

With accurate financial statements, you can easily see and match payments, determine extra commissions, know which orders remain unpaid, and more.

Are you making a profit?

Tracking your day-to-day financial transactions is crucial. Without up-to-date accounting, you won’t know whether you’re truly earning a profit or simply making sales. It will also be difficult to gauge the success and viability of your Amazon store.

Make the Right Decisions

Always know where your money is. Documented daily operations assist you in making the right financial decisions as your business grows.

If all you need is your accounting done right, that’s okay. If you want tax planning guidance, payroll assistance, or direction on selling your business, we can help with that too.

Contact Insogna CPA to learn more about how we can help you take your Amazon store to greater heights.

You Might Also Like