Automating a Sales Tax Solution Navigating sales tax is a necessity for nearly every American retailer. Only five states don’t have a sales tax, so unless you’re doing business exclusively...
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Learning the 5 E-commerce Terms Barring the rare exception, almost every business in the retail space is going to have an e-commerce presence. In fact, many of today’s most admired…
E-commerce accounting has existed since we realized it was possible to make money selling goods and services on the internet. But e-commerce business wasn’t always for the everyday small business owner or entrepreneur.
According to a 2016 benchmarking report by Compass, a management report solution for online businesses, the checkout abandonment rate in e-commerce sits at 25 percent. Think about it: That’s a quarter of your customers! The report further breaks down the numbers by product.
“We’ve given cloud commerce a complete overhaul and we think both SMBs and their accountants will love it! The new product solves so many issues that online retailers face daily.”
According to the US Department of Commerce, the percentage of sales that occur online has risen from less than 4 percent to more than 9 percent over the past 10 years. That number is only poised to go up. AccountingSuite™ is here to help.
Most of your clients are prepared to deal with the influx of customers buying goods, but far fewer excel at managing returns effectively. Obviously, an angry customer is the worst case scenario, but business owners also have to consider how returns affect inventory and their financials
Dropshipping has become an increasingly popular method of delivering goods to customers in recent years. When done right, it’s not hard to see why.
Every business envies the farmers market. Why? Because it represents the simplest transmission of goods from manufacturer to end consumer.
