Accountex USA | September 6-8, 2017 | Hynes Convention Center | Boston, MA

Ecommerce Accounting Best Practices for the Modern Accounting Practice

08 Sep 2017
8:00 am - 11:00 am

Ecommerce Accounting Best Practices for the Modern Accounting Practice

The future is ecommerce. So whether you are focusing on ecommerce clients as a niche or only have a few clients that are expanding online, all of your clients need you and your practice to understand their online business efforts.  This session will provide an overview of the ecommerce world and focus on the accounting processes and technologies needed to support ecommerce businesses.

 

Learning Objectives:
At the conclusion of this training, you will:

  • Understand ecommerce business owners
  • The difference between a marketplace and shopping cart
  • Payment processors, merchant services, and the accounting for fees & transactions
  • Ecommerce Accounting Best Practices
    • Posting Income
    • Managing Accounts Payable, Purchase Orders
    • Cost of Goods Sold
    • Inventory
  • Ecommerce Accounting Technology
    • Sales Tax Management for online businesses
    • Cloud Inventory
    • Tools sellers are using
  • Accounting Practice Tips
    • Security best practices for ecommerce