February 7, 2024

Nimbus eCommerceE-commerce-blog

Why you need cloud accounting for E-Commerce business

Why you need cloud accounting for E-Commerce business By ANITA SAJKIEWICZ You may notice that our profile description has changed. It now reads: Digital Accountant for E-Commerce | Paperless Accounting | Transactions Automation in the Cloud | XERO Migration and Integration with Amazon Shopify WooCommerce And that’s because we’ve made a decision to focus primarily

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Nimbus eCommerce Guide to Gross Profit Margin

Guide to Gross Profit Margin: How to Calculate It and Why It Matters

Guide to Gross Profit Margin: How to Calculate It and Why It Matters If you\’re running an eCommerce business, it\’s important to understand what gross profit margin is and how to calculate it. This figure tells you how much money your business is making after accounting for the costs of goods sold. It\’s essential to

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Nimbus eCommerce bank Reconciliation

Bank Reconciliations: What Are They and Why Do They Matter?

Bank Reconciliations: What Are They and Why Do They Matter? If you\’re an eCommerce business owner, then you know that keeping your finances in order is of utmost importance. One important task in financial management is reconciling your bank transactions. But what are bank reconciliations, and why do they matter? Let\’s get into it. What

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Nimbus Ecommerce Why Inventory Management Is So Important for Ecommerce Business

Why Inventory Management Is So Important for Your Ecommerce Business

https://www.youtube.com/watch?v=usSS49pAIlg Why Inventory Management Is So Important for Your Ecommerce Business Running an eCommerce business means you buy and sell large quantities of goods. Understanding inventory management is essential to your business, and the key to success. If your inventory records aren’t thorough and your financial reports lack key information, you risk running into serious

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