Most ecommerce operators treat their profit and loss statement like a report card; something to check once a month, nod at, and file away.

You open Xero expecting clarity. Instead, your profit and loss statement shows numbers that make no sense. Revenue looks inflated because Amazon fees are not breaking out correctly. Your best-selling product shows negative margins, but you know that […]

Accurate, real-time accounting separates retailers who scale confidently from those drowning in reconciliation backlogs. But here's the challenge: how do you keep your books current when Lightspeed runs your stores and Xero manages your finances […]

86% of ecommerce owners cite lack of marketplace-specific accounting knowledge as their primary reason for switching bookkeeping providers, according to a 2025 Finaloop survey. This reveals a critical gap: general accounting practices fail to […]

Key Takeaways: Shopify integrations (or apps) are third-party tools that "plug into" your store via an API to extend its core functionality, such as connecting to accounting, marketing, or inventory software These tools automate manual tasks, […]

Recording prepaid expenses in QuickBooks seems straightforward until your ecommerce business scales.