ACCOUNTING FOR ECOMMERCE COMPANIES

Companies are going increasingly digital as time inevitably rolls on. Due to this, more often than not entrepreneurs tend to kickstart their retail businesses online. It is an exciting arena in which your company could expand dramatically almost overnight.

With that comes a lot of numbers…

Our experience of accounting for ecommerce companies has seen us team up with some fantastic creative people. By taking the financial side of things off your hands and making it more digestible, we help you focus on the passion that got you into the ecommerce world in the first place.

Boost Your Creative Business’ Online Operations

Taking your business online is very much the done thing these days. If your brand’s produce can’t be seen on the internet, you’re cutting yourself off from a huge chunk of potential customers. However, with that extra business comes a slew of extra figures that could send an untrained brain spinning.

This is where we come in. As an accounting agency focused on supporting those operating in creative industries, we know exactly what it is that your business might need.

Working as an extra branch to your current team, we gather and organise all the relevant information to help put your company in the best possible position to succeed.

As experienced ecommerce accountants, we can assess the numbers, tell you what they are saying, fix any flaws and (most importantly) spot opportunities that could help boost your ecommerce business to the next level.

Case Study:

From a family of ambitious entrepreneurs, Carrie set out on creating a jewellery ecommerce business based around a gap in the market.
 
Discover how, by working with us, she managed to transform her business from an overdraft to a seven figure bank balance
 
 

DISCOVER HOW WORKING WITH ESTABLISHED ECOMMERCE ACCOUNTANTS CAN HELP YOU

Get in touch with our team of ecommerce accountants to see how we can help take your business to the next level…

How We Can Help Map Your Accounts Using The A2X-Xero Combo

As we have already mentioned, accounting for ecommerce companies can prove a real challenge.

With more moving parts on the financial side of the business than most other industries, sometimes managing the finances solo can feel like trying to bail water out of a sinking ship with a coffee mug.

This is why we use a combination of ecommerce accounting platform A2X and cloud-based accounting software Xero to tackle the issue.

Working in unison, these two platforms help digest the numbers in a far more palatable manner. But more importantly, they give you the opportunity to truly visualise the finance side of your business. This helps you make astute decisions based around accurate data.

It is also why here at Raedan, we are avid supporters of Xero and believe that it blows competition out of the water. In fact, it forms one third of our business trifecta.

There’s More Data Involved In Accounting For Ecommerce Companies – But We Love It

With an ecommerce business comes a lot of data. We mean A LOT of data. As is to be expected with a business model based on flurries of transactions.

We are well aware of the sheer tidal wave of data that comes with an ecommerce business. Some may potentially be put off by it, but we love nothing more than digging answers from the numbers to help creative businesses thrive.

We condense the wide array of financial data down into more meaningful info on which you can base your next steps towards greatness!

Woman on laptop utilising the help of accounting for ecommerce companies

Are you keen to hear how we can help take your ecommerce business to the next level? Contact our team here. We would love to hear from you.

START BY TELLING US WHAT YOU REALLY WANT FOR YOUR BUSINESS

Interested to hear how we can help your ecommerce company soar? Contact our team here. We would love to hear from you.