Cash v Accrual Basis Accounting: What’s Best for your Ecommerce Business?

At some point, companies grapple with the question of cash v accrual accounting to record their financial transactions. The concern is valid as the two accounting methods have their pros and cons, depending on the business model and the complexity of the transactions involved. The difference between the two bookkeeping practices depends on when the […]

How to Find Contribution Margin

You look at various metrics to measure your company’s success: ROAS, conversion rate, customer lifetime value, average order value – you name it. However, one critical metric is often overlooked: contribution margin. Contribution margin helps you track product profitability and can serve as the foundation for strategic business decisions. Understanding how to find contribution margin […]

Amazon Seller Accounting: Proven Tips For Starting and Scaling

The best Amazon sellers aren’t just researching and listing products. They are thinking through their entire business, including accounting. As you scale your business, you’ll realize the need for a robust Amazon Seller Accounting solution to successfully navigate the Amazon ecosystem as transactions increase in volume and variety. Initially, paper-based accounting and simple spreadsheets may […]

Unit Economics