Tag: bookskeep

Managing Your Inventory Cash Flow

Guest Post by Cyndi Thomason of bookskeep How much of your Amazon payout do you need to set aside to purchase your next round of inventory? When will you have to make that next payment to your wholesale supplier, and isn’t your credit card payment coming due? If the answers to these questions don’t just roll off […]

Do I Really Need InventoryLab and an Accounting Software?

Guest Post by Cyndi Thomason of bookskeep This past week I had the opportunity to visit with 30 hard-working ecommerce sellers at an Amazon Seller Retreat. I had a blast reviewing their accounting books and giving them suggestions. One question that came up several times was “Do I need InventoryLab and Quickbooks or Xero?” It’s […]

Must Read For Ecommerce Sellers

I recently sat down with Cyndi Thomason of Bookskeep to talk about her new book Profit First for Ecommerce Sellers: Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine published earlier this month. Cyndi shared where the idea to write the book came from, how she believes eCommerce sellers can stay competitive, […]

6 Things to Know Before Issuing 1099s

Guest Post by Cyndi Thomason of bookskeep As the year comes to a close, in addition to the busy selling season, it’s time to ensure you are ready for January and the IRS deadlines for 1099’s.  The IRS requires 1099s to be issued to vendors and filed with the IRS by January 31st.  There is […]

Show Me the Money!

Guest Post by Cyndi Thomason of bookskeep “Show me the money!” Can’t you hear Cuba Gooding, Jr. saying that line? The line I hear from my clients is similar, “My P&L shows I made a profit, so where’s my money?!” It’s a common question we get from clients, and it’s a common misconception that all profits […]

Why You Should Create an Inventory Bank Account

As part of our research for the creation of this blog, we checked out numerous other blogs in the Amazon seller space. One of the blogs we visited was that of bookskeep, headed by Cyndi Thomason. In one previous post, Cyndi details the benefits of creating an inventory bank account, something that was a new […]