From inventory management to transaction fees and sales tax liabilities, the e-commerce business model is complex, with many moving parts. Whether you are a start-up entrepreneur or seasoned e-comm store owner, as your business grows, you need expert accounting and tax advice to equip you with financial knowledge to make smarter decisions.
At KRS, we know accounting for your e-commerce business isn’t the same as traditional accounting. We help you get accurate numbers by understanding and navigating through these four critical areas:
We work with clients who sell their products through e-commerce channels including Walmart, Amazon, eBay, Rite Aid, OCM, and Shopify. In addition, we are well-versed in integrating the cloud-based Avalara platform for point-of-purchase tax calculations and compliance.
Managing cash flow is critical for e-commerce businesses, as is avoiding unwanted or excess inventory and unexpected return ratios. That’s why we assist our clients with:
At KRS, we’re here to help you save taxes and get advice for growth, so you can reach your online revenue goals. Contact us for an initial consultation today!