Tag: Ecommerce

InventoryLab Webinar Recap for Ecommerce Sellers

It was such a pleasure joining Jeff Campbell of InventoryLab last week in the webinar discussing how to prepare your tax information. There were several questions from the attendees that I’m sure others have this time of year, so I’m recapping them here. Can we use InventoryLab as an accounting tool for our accounting reporting for our […]

InventoryLab’s New Settings Are Here!

If you’re a current IL user, you may have noticed recently that your Settings look a lot different. Or maybe you saw the most recent IL newsletter. But just in case you don’t already know, we have some big news for InventoryLab users that we’re excited to share! We’ve been hard at work behind the […]

Ecommerce Trends For 2021

Let’s face it: 2020 has been one long year for everyone. In a year that brought us a global pandemic, divisive politics, and remote learning, it sometimes felt like 2020 might never end. But fear not, the light at the end of the tunnel is just ahead because 2021 is right around the corner! Everyone […]

Q4: The Perfect Time to Put Parkinson’s Law to Work for You

You’ve heard me talk before about Parkinson’s Law. It was developed in the 1950’s by Cyril Northcote Parkinson, and can be simply stated that the amount of work required adjusts (usually increases) to the time available for its completion. This is applied to our resource of time. However, the law can be applied to all […]

Cash Flow Forecasting – What Does Your Horizon Look Like?

This time of year, many of our clients are actively engaged in Q4 2020 and contemplating what business may be like in 2021. There are many unknowns this year; everything from pandemic developments to storage limitations and fulfillment and shipping concerns. One thing is certain—this year, Q4 will be different. Are you prepared for all […]

Zapier Integration is Here!

Have you seen our recent email announcing a new integration with Zapier? Right about now you might be asking yourself: just what is Zapier and how can it help me?  Well, you’ve come to the right spot! I hope to enlighten you about what Zapier is and does, as well as 5 use cases on […]

Inside Online Arbitrage

Ever since the pandemic has changed the way we live and work, small business owners have been looking for innovative solutions to stay profitable. Many Amazon sellers have always sourced their inventory using retail arbitrage in brick and mortar stores. If you’ve never sourced online or want to know more about it, you’re in the […]

4 Best Practice Tips for Tracking Ecommerce Inventory

Tracking inventory is never easy, and with Amazon changing the rules recently, let’s take a minute to ensure we understand how inventory should be recorded in your books. We’ll start quite simply with the definition of inventory. From an accounting perspective, it is an asset and will show up on your balance sheet, just like […]