"Ballers manage net income" lol this video was like EXACTLY what I needed. I had LedgerGuru setup our QB last week & am now going through all of your guys UA-cam content. So so so good... can't wait to hire y'all as our book keepers one day :)
Great Video. Just wondered where your actual product cost are against sales. I like to add run a report for items sold and calculate the cost of those goods, then add this in as a stock expense entry, to give a true profit for the month.
Your videos are excellent. You're a great teacher. Can you create a video on %'s to target for the e-commerce specific KPI's. I recognize this is subjective to an extent and the ambition of the business owner plays a key part, but maybe there are specific numbers an acquirer would look for when considering whether the business is successful and worthy of investment.
Jake, great suggestion. We cover some important ecommerce KPI's in the end of this PDF download on Preparing Early for an Ecommerce Exit: ledgergurus.com/resources/downloads-2/preparing-early-for-an-ecommerce-exit-a-checklist-of-what-to-do-now/ We also have it on our content schedule to dive in deeper on ecommerce KPI's in some videos
"Ballers manage net income" lol this video was like EXACTLY what I needed. I had LedgerGuru setup our QB last week & am now going through all of your guys UA-cam content. So so so good... can't wait to hire y'all as our book keepers one day :)
Yay! So glad! We are excited to work with you also in the future!
Amazing videos.
Great teacher . showing the difference b/w conventional Accounting and e-commerce Accounting
Thank you.
This is amazing information. Thank you
Please comment with your questions. For *help with your eCommerce accounting* , view our services here: ledgergurus.com/services/
Great Video. Just wondered where your actual product cost are against sales. I like to add run a report for items sold and calculate the cost of those goods, then add this in as a stock expense entry, to give a true profit for the month.
We usually maintain a separate cost product catelogue outside of QBO.
Your videos are excellent. You're a great teacher. Can you create a video on %'s to target for the e-commerce specific KPI's. I recognize this is subjective to an extent and the ambition of the business owner plays a key part, but maybe there are specific numbers an acquirer would look for when considering whether the business is successful and worthy of investment.
Jake, great suggestion. We cover some important ecommerce KPI's in the end of this PDF download on Preparing Early for an Ecommerce Exit: ledgergurus.com/resources/downloads-2/preparing-early-for-an-ecommerce-exit-a-checklist-of-what-to-do-now/
We also have it on our content schedule to dive in deeper on ecommerce KPI's in some videos
@@LedgerGurus Awesome!
Hi, do you recommend to record our sales on Amazon by product type?
That creates an awful lot of extra work, so only if there's value to you by doing it that way.
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