xendoo

MARCH 17, 2022

It can be overwhelming for small business owners to choose from all the ecommerce bookkeeping services out there. Many small businesses trust Xendoo with their financials, but we understand that choosing the best bookkeeping and accounting solution is a big decision. . What Is Ecommerce Bookkeeping?

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xendoo

APRIL 20, 2021

Just like a traditional brick-and-mortar business, your eCommerce business needs a good bookkeeping system for essential functions like tracking revenues and expenditures and filing tax returns. If you opt for manual bookkeeping, you’ll need to import all your information from your bank account into your ledger.

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xendoo

APRIL 13, 2022

Since starting your business, you’ve likely filled multiple roles–from product and customer service to bookkeeping and sales–at some point. For instance, you’ve probably asked yourself: Should I outsource bookkeeping? Tasks like bookkeeping are ideal to hire outside help. When should you outsource bookkeeping?

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xendoo

APRIL 14, 2021

Read on to see our cash flow management tips to keep your eCommerce business sailing smoothly. . At the risk of stating the obvious, one of the best ways to keep a positively manage cash flow is to get more sales from your eCommerce business. Minimize Inventory. You can’t afford to have that much cash tied up doing nothing.

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xendoo

OCTOBER 20, 2021

Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? Outsource accounting services can help you accomplish this, providing a set of benefits that can help to cover back office responsibilities as you and your team focus on your core business tasks.

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xendoo

AUGUST 9, 2021

Good business bookkeeping is vital for any successful company, both for legal and financial reasons. Accurate information from bookkeeping is not only necessary to know where your business stands financially at a given moment, but it is also essential for strategy planning, managing cash flow, and predicting profitability. .

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xendoo

OCTOBER 11, 2021

While the idea of working with an accountant who has decades of experience in finance may be appealing, it is vital to make sure that the professional you choose can fully understand the unique needs of your industry. For instance, let’s say that your organization is in the eCommerce space. Do You Have Experience with the IRS?

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