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Shopify Accounting For Your E-commerce Business — Jason Richelson | Why Accounting Is More Than Shopify Numbers, How Bad Accounting Kills Value, What Makes Multi-channel Tricky, How Reconciliation Saves Revenue, Why Automation Matters Past $1M (#373)
Manage episode 467091583 series 2921256
Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/
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In this episode of the Ecommerce Coffee Break Podcast, we explore the often-overlooked complexity of accounting in growing eCommerce businesses.
Our guest, Jason Richelson—CEO and co-founder of Bookkeep.com—brings 20+ years of experience in payments, business automation, and accounting systems. He shares expert insights on keeping financials accurate and managing multi-channel accounting challenges.
Topics discussed in this episode:
- Why proper accounting goes beyond Shopify dashboard numbers.
- How poor accounting can sink your business sale price.
- What makes multi-channel accounting so complex.
- Why treating deposits as pure income is dangerous.
- How daily reconciliation prevents lost revenue.
- What makes U.S. sales tax a nightmare for sellers.
- How Facebook's sales tax differs from Shopify's.
- Why automation matters above $1M in revenue.
- What the future of eCommerce accounting looks like.
- How to automate accounting.
Links & Resources
Website: https://www.bookkeep.com/
Shopify App Store: https://apps.shopify.com/bookkeep-com-daily-summary-e-commerce
LinkedIn: https://www.linkedin.com/company/bookkeepcom
X/Twitter: https://x.com/bookkeepcom
Get access to more free resources by visiting the show notes at
https://tinyurl.com/ywkb2eht
MORE RESOURCES
Store Optimization Beginners Guide: Instant PDF Download! It's FREE. 👉 https://ecommercecoffeebreak.com/essential-conversion-optimization-guide/
Top Tools, Apps, and Services used by leading Ecommerce Brands: https://ecommercecoffeebreak.com/quiz-results/
Become A Smarter Online Seller In 5 Minutes
Get free ecommerce insights via email every Tuesday & Thursday. No cost, just value. Sign up now at https://newsletter.ecommercecoffeebreak.com
Rate, Review & Follow
Enjoying this episode? Help others like you by rating and reviewing my show on Apple Podcasts at https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422
Follow the podcast to catch all the bonus episodes I am adding. Do not miss out. Hit that follow button now!
418 afleveringen
Manage episode 467091583 series 2921256
Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/
---
In this episode of the Ecommerce Coffee Break Podcast, we explore the often-overlooked complexity of accounting in growing eCommerce businesses.
Our guest, Jason Richelson—CEO and co-founder of Bookkeep.com—brings 20+ years of experience in payments, business automation, and accounting systems. He shares expert insights on keeping financials accurate and managing multi-channel accounting challenges.
Topics discussed in this episode:
- Why proper accounting goes beyond Shopify dashboard numbers.
- How poor accounting can sink your business sale price.
- What makes multi-channel accounting so complex.
- Why treating deposits as pure income is dangerous.
- How daily reconciliation prevents lost revenue.
- What makes U.S. sales tax a nightmare for sellers.
- How Facebook's sales tax differs from Shopify's.
- Why automation matters above $1M in revenue.
- What the future of eCommerce accounting looks like.
- How to automate accounting.
Links & Resources
Website: https://www.bookkeep.com/
Shopify App Store: https://apps.shopify.com/bookkeep-com-daily-summary-e-commerce
LinkedIn: https://www.linkedin.com/company/bookkeepcom
X/Twitter: https://x.com/bookkeepcom
Get access to more free resources by visiting the show notes at
https://tinyurl.com/ywkb2eht
MORE RESOURCES
Store Optimization Beginners Guide: Instant PDF Download! It's FREE. 👉 https://ecommercecoffeebreak.com/essential-conversion-optimization-guide/
Top Tools, Apps, and Services used by leading Ecommerce Brands: https://ecommercecoffeebreak.com/quiz-results/
Become A Smarter Online Seller In 5 Minutes
Get free ecommerce insights via email every Tuesday & Thursday. No cost, just value. Sign up now at https://newsletter.ecommercecoffeebreak.com
Rate, Review & Follow
Enjoying this episode? Help others like you by rating and reviewing my show on Apple Podcasts at https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422
Follow the podcast to catch all the bonus episodes I am adding. Do not miss out. Hit that follow button now!
418 afleveringen
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