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How Do You Record Ecommerce Sales in Accounting?

xendoo

Many ecommerce owners understand the importance of making sales, but do you know how to record ecommerce sales for your accounting system? No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances.

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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

Managing Accounts Receivable Manually If your accounting system is on a cash basis, AR isn’t an issue. If you use accrual accounting, you record transactions as soon as you earn the money. What Is Accounts Receivable Automation? On your balance sheet, you count the amount in AR as an asset.