PROP Accounting Software: Bridging the Gap for Small Businesses A new sector of the accounting software market has been developing in recent years. These new applications handle Process and Resource…
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Customizable Accounting Software Many accounting software programs are available online today. While general software offers certain benefits, it does not consider the needs of individual businesses, which can vary considerably….
Running a solopreneurship or a small business is not a walk in the park. Finding new ways to grow your business necessitates incorporating fresh ways of thinking. In this article,…
Many small businesses fail to expand or stay afloat because they don’t recognize pitfalls. Knowing these five business expansion mistakes can help growing companies avoid oversights and miscalculations. The time…
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.
