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Amazon Accounting: How to Gain Visibility Into Your Business
1. Accounting Basics and How To Gain Control of your Numbers
How to Use this Course & Who it Will Help (12:29)
What is bookkeeping and why do I care about my accounting? (3:37)
Cash vs. Accrual Accounting: Which do I choose? (4:52)
Accounting Software: QBO, Xero and the Rest.... What product is best? (7:12)
2. Setting Up QuickBooks Online Correctly For an E-Commerce Seller
Introduction and Overview (1:34)
Getting Started with QuickBooks Online (4:48)
Your Chart of Accounts: How do the numbers work and how should I organize my COA? (6:02)
Chart of Accounts for A2X: What needs to change about your COA if you choose to use the A2X tool? (5:05)
Handling Multiple Currencies & Integrating your Bank Accounts (3:53)
Setting Opening Balances and Dealing with Old Accounting Data (9:45)
3. Bookkeeping Basics
Introduction and Overview (3:18)
Managing Bank Transactions (9:19)
Reconciling Accounts : Don't skip this step! (5:58)
4. Amazon Sales and the Magic of A2X Accounting
Introduction and Overview (6:21)
Chart of Accounts for A2X: What needs to change about your COA if you choose to use the A2X tool? (5:05)
How to Set Up Your A2X Account (2:54)
Mapping A2X Properly (9:59)
Troubleshooting A2X and Correcting Errors (11:32)
Don't want to use A2X? Here's What You Can Do Manually (7:31)
5. Handling Shopify and Other Sales Channels
Introduction and Overview (1:41)
Using Clearing Accounts to Properly Capture Non-Amazon Sales (2:37)
How to Capture Non-Amazon Sales with a Monthly Journal Entry (13:17)
PayPal: Is it a payment processor or a bank account? And How to Handle it in your Books (8:54)
6. Cost of Goods Sold and Inventory
Introduction and Overview (4:13)
Costing of Inventory: Proactive vs. Reactive? (11:17)
Simple vs. Loaded COGS: How do I load other expenses into inventory and COGS? (5:21)
A2X for Cost of Goods Sold (8:49)
Inventory Management Software Tools: When do I want one and is there a best option? (5:32)
Calculating Ending Inventory and Reconciling Inventory (10:05)
7. Other Accounting Issues or E-commerce Businesses
Introduction and Overview (1:50)
Sales Tax for E-Commerce Sellers (9:36)
The Finished Product: Investor Grade Books! (5:16)
Bonus: What's Next?
Moving From Bookkeeping to CFO! (5:16)
FREE: Sneak peak at the KPI to Rule All KPIs!! (From CFO Course) (10:39)
Bonus Video: How profitable should I be? (6:43)
Bonus Video: 6 Different Amazon Business Models Explained (10:59)
Appendix: Free Downloads
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Calculating Ending Inventory and Reconciling Inventory
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