Six Years of Books in 12 Days: A Divorce Deadline Case Study
Divorce deadline and years of missing books? See how Ashmore Books rebuilt 6 years, 6 bank accounts, and 8,000+ transactions in 12 days.
Divorce deadline and years of missing books? See how Ashmore Books rebuilt 6 years, 6 bank accounts, and 8,000+ transactions in 12 days.
Why the QuickBooks Online bank feed records some transactions twice and drops others, how to find both, and how to fix them without breaking reconciled months.
Most e-commerce sellers who overpay tax are not missing a clever strategy. Their books count money that was never income, or miss costs that were real. Seven bookkeeping mistakes that inflate taxable profit for Shopify, Amazon, and multi-channel sellers, and how to check for each one.
The Profit and Loss says the store made money, but the bank account is always tight. In e-commerce the gap usually comes from inventory, platform reserves, financing repaid out of payouts, sales tax, and owner draws. How to find where the cash went and plan around it.
If your income in QuickBooks equals what the bank received from Shopify, Amazon, Etsy, PayPal, or Stripe, the books are recording net payouts, not sales. Profit may look roughly right, but gross sales, fees, refunds, and sales tax are missing, and that causes problems with taxes, lenders, and buyers.
A store can grow every month and still lose money on its best-known product. How to calculate contribution margin by product and by channel, with landed cost, fees, fulfillment, returns, and ad spend, plus a worked Amazon vs Shopify example.
Your CPA takes days to reply, never asks about your deductions, and never explains your return. Here is what a remote accountant for content creators should do instead, plus answers on reviewing your own books, equipment purchases, state residency, and entity choice.
Each Amazon payout is the net of hundreds of sales, fees, refunds, and reimbursements. Booking the deposit as income is the most common mistake in Amazon books. Here is the clearing account method that gets revenue, fees, and tax right.
Amazon collects sales tax on Amazon orders, but FBA inventory in other states can still create obligations Amazon does not handle. What marketplace facilitator laws cover, what they do not, and what to do about past exposure.
Shopify payouts almost never match your sales report. Fees, payout timing, refunds, and sales tax explain the gap. Here is how the books should record sales, fees, and payouts so revenue is right and the numbers tie.