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HOW TO BREAKOUT SHOPIFY FEES FOR ACCURATE FINANCIALS

Basis 365

In this blog post, we'll discuss how to break out Shopify fees for accurate financials and the benefits of outsourced e-commerce accounting. In this blog post, we'll discuss how to break out Shopify fees for accurate financials and the benefits of outsourced e-commerce accounting. to 2% per transaction.

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Top Accounting Key Performance Indicators for a Marketing Company

Basis 365

So, let's explore the top accounting KPIs vital for a marketing company's financial management. So, let's explore the top accounting KPIs vital for a marketing company's financial management. Client Acquisition Cost (CAC) : CAC measures the cost of acquiring new clients for the marketing company.

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The Best Tips for Inventory Management for Small Business

Snyder

When you have a successful business , it’s important to be able to track and manage your physical goods, and inventory management will help you with that. Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses.

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Top 5 ways to convert tax return clients into retainer clients

ThomsonReuters

Even though a retainer can be a win-win, it can be a challenge to convert people and businesses who come to your accounting firm for their tax returns into consistent retainer clients. Tax and accounting firms may reason that the client will spend more if they pay for services a la carte, one at a time.

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Handling Advanced Inventory Tracking Using QuickBooks Online

SchoolofBookkeeping

Advanced Inventory Tracking inventory Using QuickBooks Online For years the outcry from the accounting community has been “QBO doesn’t track inventory” and when QBO was first unveiled (circa 2000), that was 100% accurate. Perpetual Inventory This is where each item’s quantity, and its cost, is tracked daily.

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Boost Your Financial Performance: Reports Your FP&A Team Needs

Acterys

In this blog, we look at three main reporting types that FP&A teams must use to monitor the financial health and performance of a business. FP&A teams are responsible for creating financial statements at the end of the accounting cycle. FP&A teams play a key role in ensuring the financial stability of a business.

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Everything you need to know about accounts payable

ThomsonReuters

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, accounts payable is abbreviated as “AP” or “A/P”.