You focus on sales. We'll do the books.
eCommerce business owners have to juggle a lot of things. From inventory management to shipping logistics to chasing suppliers, there’s no time to spare. We can help.
Is your ecommerce business ready for up-to-date, stress-free bookkeeping?
Poor cash flow management can be the kiss of death for an eCommerce business. Even with high-flying sales, having high customer acquisition costs, poor inventory management, pricey merchant fees and more, can lead to business failure. As experts in ecommerce bookkeeping services, we give you the visibility and control you need to manage cash flow effectively.
Accurate Financial Reporting
From sporadic sales to supply chain challenges, eCommerce can be unpredictable at best. Monthly updates on your balance sheet, income statement, and statement of cash flow is key to understanding your inventory levels, sales tax obligations, revenue by channel and other financial information.
Inventory Planning and Management
Understanding and accurately accounting for inventory is no small task, but is the backbone to running a successful eCommerce business. Making big inventory purchases requires careful planning and if there isn’t enough cash on hand, up-to-date books ensure you’ll be bank-ready for loan applications.
Merchant Fees and Foreign Exchange
Merchant and fulfillment fees from Amazon and Shopify can cut into your profit margins. Buying inventory and selling in different currencies can also create a host of accounting complexities. Timely, accurate bookkeeping and a solid chart of accounts help to uncover the true and sometimes "surprising" costs of doing business.
Accounting Skills and Software
The cost of a bookkeeper, payroll professional, and accounts payable and/or receivables clerk, along with all the software required to manage the back office functions, not only takes a bite out of profits, but can be difficult to find and harder to manage. Outsourcing these functions lets you focus on what really matters, sales.
What Our clients are saying.
We work with you to fully understand your business needs and support requirements.
Best-in-class cloud-based technology that drives eCommerce efficiencies
We work with cloud-based applications specializing in payroll, time tracking, merchant processing, expense management, and more. We don’t take shortcuts with security, and your data always belongs to you.
Every industry has specific tools and requirements, and eCommerce is no different. We work with the technology you use every day.
Insights & Expertise from HAT Accounting
Stay informed with practical tips, financial updates, and expert advice to help you manage your money smarter and grow your business with confidence.
