We are accountants for eCommerce Businesses
Integration for eCommerce
we are good at what we do
We are accountants for eCommerce Businesses. Many of our clients use Amazon or Shopify which means we are completely comfortable in working with these platforms and the reports that they provide.
At Nimbus eCommerce, we are committed to making online shopping very efficient for your customers. But what about the experience you and your company have behind the scenes? Without eCommerce integration, you probably face potential obstacles and problems on a daily basis, especially as your business continues to grow.
With Nimbusecommerce.net you can check what benefits a fully integrated eCommerce solution can bring you …
For more information, please select your option below and contact us.
integration of your online store
Integrations in the online store consist of the possibility of cooperation with various types of store or warehouse and sales platforms and also accounting software.
The integration process gives a whole range of facilities and new possibilities. Integration with various types of platforms makes work easier, making it more pleasant, faster and less complicated.
It allows you to improve the online store’s operation. As a result, integration gives the effects of minimizing various types of costs.
The integration can be installed at any time in the existence of the store. So, even if you don’t want to strain your budget at the very beginning, you can use this option in the future. Then you will improve your services, improve the speed of order fulfillment and automate some of the work.
what are the benefits of ecommerce integration
You could think of integration as an extremely well-built network of roads that connects each and every one of your systems. It essentially links your online storefront and other online sales channels to your back-end systems (such as inventory management system, accounting software etc.).
This enables everything to communicate seamlessly and bi-directionally, meaning information and data can travel and be utilised freely and automatically.
Integration offers a wealth of benefits that can significantly streamline your online eCommerce business. It not only reduces issues and manual workloads, but it also helps significantly when it comes to business growth.
Integration means there’s no need to input the same data into multiple different systems manually. Data and information is instead entered into a single place, and this information can then be accessed and read from every corner of the integrated system.
This dramatically reduces the human involvement throughout the input process, reducing human error and redundant data. That means no more worrying about inconsistencies and problems that can sometimes occur from even the slightest lapse in focus.
we have no limits
Why Choose Us
We understand how eCommerce works, so whether you want to change from a sole trader to a limited company or register for European VAT, we know the most effective way of doing this.
We work with Shopify & Amazon sellers every day to help with everything from setting up a new company, VAT compliance, expanding to new markets and self assessment.
We integrate with all the Shopify and other platform payment gateway providers such as Shopify Payments, PayPal or any card provider.
We understand eCommerce, giving expert advice on how to build your online business.
What is XERO?
XERO is a cloud-based accounting software that allows users to be connected anywhere on any device. XERO is able to connect you for all your business needs. This helps us, your accountants, to be able to build strong relationships to support you in achieving your business and personal goals.
XERO allows us to do this by letting us take proactive steps to relieve the burden of accounting affairs, so we can share our expertise which will create new opportunities for you whatever they might be.
why choose XERO?
XERO has been designed from the ground up, it is built in a way to be simple, elegant and intuitive for small businesses, from eCommerce sector in particular. It makes accounting seamless and easy to use so in the end your books can be done faster, cheaper and better.
The best way to describe why you should choose XERO is to give you 7 reasons:
1. Award winning software
Once Forbes named Xero the Worlds Most Innovative Growth Company, in 2006 saw Xero’s first subscriber. Now Xero has over 1.5 million subscribers worldwide. Xero also has won the Canstar Blue award for small business accounting software four years in a row. Which compares value for money, customer service, ease of use, ease of integration, reporting and overall
2. Data & Safety in the Cloud
What is the Cloud? It is simply data being saved on the internet, so you can access it from anywhere and anytime. This means your Xero will automatically update for you without you even knowing so. From now on there will be no more software updates or desktop installs that can waste precious time. The next question you will be asking is how safe will your information be? Xero
works along side with Aura Software Security who have been a crucial part of their success. Xero uses the same level of security as internet banking and no one has access to your organisation on Xero unless you invite them.
3. Ease of use
Xero simply does make accounting beautiful. Small business can be set up in minutes and Nimbus eCommerce is one call away to help if you get stuck.
Xero is often a source of inspiration – it simplifies our finances and makes a usually complicated process easy.
4. Live data helps us support you in real time
Xero has helped us change the Client – Accountant relationship. We can present to you live business finances and reports as of today, so you are able to log on from anywhere, any place on any device to see how your business is doing. This could range from paying an employee while on holiday or getting an automatic reminder from Xero to pay an outstanding bill.
5. With Xero you don’t have to worry
And that’s because everything is automatically calculated for you and updates literally happen while you sleep, and you won’t even know that it has happened.
6. Xero helps your business succeed
It is a proven statistic that businesses who use Xero’s accounting software succeed greater then those without. This comes down to connectivity, with 92% of business that use Xero are connected to an advisor, 99% have an active bank feed and 40% are using app connections. All of these
connections are only a finger touch away.
7. Xero listens to its users
Analysing the feedback that they give, product teams innovate and shape Xero’s interfaces and products. They do this by the user sharing what is working, what could be better and what they want to see. Xero then implements this every 3-6 weeks by releasing new updates based on the reviews it receives.
important things you should know
Questions And Answers
The definition of eCommerce accounting is reporting about your eCommerce business. Ecommerce accounting refers to collecting, analyzing, organizing, and reporting financial data related to business transactions and assets within an eCommerce business. There are several things your eCommerce accounting includes:
1. Bookkeeping, which lists every transaction. For example, when you accept products to your storage, or sell on Shopify, or have to accept back a pair of shoes on Amazon. Bookkeeping keeps track of every money or asset movement, and provides a document covering every such event.
2. Management reports, which gather all the sales data and try to make sense of it. For example, how much of each product you sold, what are the costs of operating every channel, and where do you actually make money.
3. Tax filing & statutory reports. These depend on where you sell, for each government has a different tax system. Tax reports constitute a very detailed recount of every transaction and the categories they fall under. Depending on the categories, different types of tax are derived.
Xero is a bookkeeping software we use. If you operate it yourself you‘ll have to manually go to Xero, choose ‘Accounts’ tab and press ‘reconcile’ each time. We connect your Shopfiy or Amazon, account directly and upload data every 24 hours. This allows for the most efficient, reliable and up to date reconciliation of your eCommerce sales.
Absolutely. We make the transition seamless on our end. We’ll get in touch directly with your current accounting service provider, take over all your financial documents, and audit them to make sure your company is compliant. We check for any loose ends with Revenue, organise historical data, and then prepare and file necessary reports. We offer up ongoing advice about relevant tax exemptions, helping you be smarter with your taxes. Now that your accounting is in good hands, you can focus on what you do best: running your business.
Our firm specializes in small companies, which satisfy two of the three conditions listed below:
- The company employs up to 50 people
- The annual turnover is less than €12 million
- The company total assets do not exceed €6 million
If this sounds like your company, that means we are the right accountant for you!
You have come to the right place! We can advise you on the best legal structure for your business and guide you through the entire process. If you wish, we can complete the registration on your behalf to save you the hassle. This way you can be certain that your new business is fully compliant with all requirements.
This will depend on the type of business you are running, the scale and the legal structure. If you are self employed and just trading on a part time basis, probably you just need to file your income tax return once a year. However, if you run a limited company, you will have many more reporting obligations and will definitely benefit from professional accounting services. We can advise you on the best option but the choice is always yours.
Watch this short video to find out how your small business can benefit from hiring a professional accountant.
Yes we do. Any small size business can benefit from our professional services and this applies to sole traders as well. We can tailor our offer to suit your particular needs, even if you are just trading part time. Please get in touch and we will be happy to assist!
The shares in a company are owned by its shareholders. In case of limited companies the liability of shareholders is limited to the value of shares they hold. The important factor is that a limited company is a legal entity separate from its owners. If you are wondering what the best legal structure is for your business, please get in touch and we will happily advise you.