Save More Than 90% on Ecommerce Bookkeeping Costs

Save More Than 90% on Ecommerce Bookkeeping CostsA simple case for changing the course of your business—and your life—with automation.

These days sellers conduct business through a number of channels—both offline and online. These can include a cash register at a brick-and-mortar location, a selling platform (or store) like Magento or Shopify, a custom website with a shopping cart extension like WooCommerce, on marketplaces like Amazon and eBay, and even a point of sale tool like Square. So when it comes to accurately inputting all that sales data into inventory, shipping, and accounting systems, life for a multichannel seller gets very complicated very quickly. And the complexity is multiplied tenfold not if, but when, human involvement introduces errors. Typically when sales hit a peak or the business scales in some way, either the repetitive manual entry becomes too much for a busy seller to manage or hiring a bookkeeper becomes too expensive to justify. In fact, the data management has been the undoing of many a burgeoning business.#Datamanagement is time-consuming and expensive. Here's what to do about it and save money. #Unify… Click To Tweet

Either way sellers are conflicted: The ones who handle their own bookkeeping know their time is better spent growing the business with marketing, networking, researching lower-cost vendors, reviewing workflows—the list goes on. And those who pay to outsource data entry and bookkeeping are often left wondering if they’ll ever be free of an expense that scales in tandem with their business.     Continue reading

Sensible Is the New Sexy

Sensiblel is the new sexyWhy sellers should commit to back-end operations before pursuing just another pretty piece of SaaS

At the risk of over-simplifying the ecommerce industry, most of its software falls into one of two categories — sexy and unsexy. Inevitably, the more seductive side of selling entices business owners to buy tools they must have to attract customers, such as beautiful websites, video tools, artificial intelligence, marketing automation, and the like. Because owners think they need customer-facing tools in order to sell online—and because they’re more fun to use—they put tremendous business resources toward these shiny objects.Why #online #sellers should commit to back-end ops before pursuing another pretty piece of #SaaS… Click To Tweet

The truth is, sellers who first invest in the software that does the heavy lifting around data and order management are far more likely to survive their first year. Because the less showy, “boring” side of the business is what sellers actually use to run the company, without it, they are sure to fail. Among dozens of other tasks, this is the software that allows them to

  • automatically post and sync sales data to accounting, inventory, and shipping
  • easily track expenses, fees, and costs to calculate profits
  • process returns and exchanges
  • transfer payment from their customers to their bank account
  • manufacture or source their products
  • ship products, track inventory, see what’s in and out of stock
  • calculate, validate, and collect sales tax

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NEW FEATURE: 1-Click Accounting for Amazon

Webgility 1-Click Accounting for AmazonEcommerce sellers have been asking, and today we’re delivering.

We’re thrilled to announce a fast and easy way to settle and sync Amazon deposits and costs with QuickBooks Online or Xero. Webgility 1-Click Accounting for Amazon is a new enhancement to our Webgility Unify software that allows sellers of all sizes to automatically post Amazon orders, refunds, expenses, and payments into accounting software. In doing so, this feature eliminates the need for any additional data entry or a separate clearing account.

Why does this matter so much to Amazon sellers? Because settling up properly is a key making more money on the world’s biggest marketplace. And since most Amazon sellers operate with wire-thin margins, they need to have more visibility into sales, fees, and returns in order to turn a profit. Amazon sellers also need detailed information in their trend reports, in a much more granular fashion than they can get from Amazon. Webgility Unify provides sellers with automation, data analytics and business insights to help them reduce data entry costs, improve margins, and drive higher ROI on Amazon.

Because the Amazon Settlement Report contains settled, unsettled orders, and refunds from previous sales cycles and is only delivered by Amazon every two weeks, it’s difficult for sellers to reconcile their accounts between reports. This forces the creation (and maintenance) of a separate clearing account for Amazon sales that come in during that period. Webgility 1-Click Accounting allows sellers to instantly—and automatically—settle in accounting all in one batch once they receive their Amazon Settlement Report.NEW 1-Click #Accounting for @Amazon--a fast, easy way to settle costs with @QuickBooks or @Xero #Unify Click To Tweet

Webgility Unify makes reconciliation easy for both sellers and their accountants. With Webgility 1-Click Accounting, Amazon sellers can now see a complete list of orders from the current settlement period, whether they’ve received payment from Amazon, and what Amazon has charged them in fees and expenses.

With Webgility 1-Click Accounting Amazon, sellers can:

  • Automatically post Amazon orders, refunds, expenses, and payments as a batch directly into QuickBooks or Xero
  • Instantly reconcile the seller’s accounting with their Amazon Settlement Report with no additional data entry
  • Sync Amazon sales and refunds daily—individually or as a batch
  • Track Amazon fees/expenses as separate transactions or records them as one line item
  • Sync historic data from Amazon Settlement Reports going back 120 days

For an even deeper dive into this new feature, join our CEO, Parag Mamnani on a webinar on February 22, 2018 at 10 a.m. PST / 1 p.m. EST: Mission Possible—Easy Amazon Reconciliation.



Unify Your Financials with QuickBooks

Now more than ever it is vital for a business to centralize their financials.

As you know, “commerce” now involves both brick-and-mortar stores and selling on multiple channels online. And that’s just the first layer of complexity—this year at QuickBooks Connect, I learned that the average SMB uses approximately 15 applications to manage their business.

Unfortunately, many businesses are still manually entering in much of their sales, inventory, and shipping data into their QuickBooks. But why? This method creates many problems, some of them include:

  • Human error
  • Time wasted
  • Money spent

The good news is, there are several apps out there to move data for you. The bad news is that many of these apps do not communicate with one another. Sure, there is ERP software out there that will take care of it all, but it’s generally designed for the enterprise level business and it’s expensive.Why are so many #ecommerce businesses still manually entering data? There's a better way. #unify Click To Tweet” 

While an ERP may feel like a logical step for a maturing SMB, I would recommend waiting. If you are considering an ERP, it’s likely that you already have many of the necessary tools, but still struggle because those tools are not in sync. When your tools are not in sync, they cause a mess and confusion, which is more manual work. Continue reading

How to Protect Your Website From Modern Security Threats

How to Protect Your Website From Modern Security ThreatsFrom the first computer to the latest smartphone, it’s no secret that the world and our nation have made significant advancements in the world of technology. With each new invention or mobile advancement, we have made ourselves extremely reliant on the world wide web as our go-to resource for a plethora of things. However, with this dependency, we also have made ourselves very vulnerable to cyber security threats. Whether it’s a virus, bug, or a skilled hacker, security threats can come from all over the web. From paying our bills to signing up for the next greatest product, we are constantly putting our personal online–risking the chance of identity theft, and more. Big businesses with an online presence face the same threats every day as well.#Ecommerce Sellers! How to Protect Your Website From Modern Security Threats Click To Tweet

Unfortunately, with each major advancement in technology we make, internet hackers will find ways to advance their hacking techniques. Although there’s a multitude of security softwares that will help fight against unwarranted cyber hacks, there’s always the chance that cyber-criminals will find new ways to adapt their techniques and change the way they go about their exploitations. With that being said, it’s very important to keep in mind that getting ‘hacked’ is NOT an inevitability. With the right practices, you can secure your business and your website from modern security threats. Continue reading