article thumbnail

Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

With automated reconciliation, your ecommerce accounting services will reconcile sales, bank deposits, and expenses across Shopify, Etsy, eBay, and other channels so that every dollar is accounted for. No more lying awake at night worrying that payments are missing or that there are duplicate postings.

article thumbnail

How to Avoid the Pitfalls of Messy Bookkeeping

Stephanie Peterson

Here is a list of bookkeeping tasks that should be performed every month to help eliminate messy books: Accounts Receivable: Review all open invoices and make sure that payments have been properly applied to invoices that have been paid. Additionally, you should check your bank account to ensure all deposits have cleared the bank.

article thumbnail

The biggest pricing mistakes I have made in my bookkeeping business

5 Minute Bookkeeping

I’ve taken on some really big projects and didn’t ask for any sort of deposit or advance. Mistake #3: Working before getting paid. Another big pricing mistake that I made was doing a project without getting paid first. Mistake #4: Undercharging for my services.