What is Ecommerce accounting- The best practice to analyze your cash flows If you are an eCommerce business owner and asked what the toughest task in running an eCommerce business is, then most probably you would answer ‘accounting’. It has
Inventory is a collective term for goods or stocks that businesses hold for production, processing, and re-sale. Inventory is mainly of three types – raw materials, work-in-progress, and finished goods. The inventory investment is quite high especially in capital intensive,
Do you often get confused about the Periodic Inventory System? In this article, we will understand what the Periodic Inventory system is and how it differs from Perpetual Inventory System. Let us first start with the basics of the periodic
Learn about the definition of inventory clearance and best practices for clearing out old or unwanted products from your warehouse.
A healthy cash flow is essential for any business. We have compiled seven ways you can improve your business’s cash flow with smart inventory practices.
Have you ever wondered to hire an e-commerce business consultant who can help you to plan your fiscal decisions? Are you a business owner or a person who wants to understand what e-commerce consultants do? If yes, then this article
Calculating ending inventory for a financial year can be a challenge for bigger businesses than small businesses. This post describes the ending inventory, its importance, the methods used in its calculations, and how to overcome the challenges to calculate it.
As the name states, this process starts with the order and ends with the payment. The Order-To-Cash cycle covers the entire process, starting from placing the order, and ends after the payment. Once you update the books of accounts, the
In financial accounting, inventory is categorised as a current asset and operating asset as every business expects to encash it within its fiscal year. Inventories are liquid assets and goods of value that a company keeps and plans to sell
Learn about the key differences between Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).
Find out what exactly is B2B Saas and which companies are in the top 10 in this field. You can also learn about various types of benefits brought by these products to your e-commerce business.
What is Supply Chain Optimization? – Everything you need to know Do you know how does supply chain optimization can have a strong impact on the market situation? In this short article, we will have an overview of Supply Chain