Starting a business involves exciting milestones like launching a product and making the first sale. However, proper financial management is essential. Before celebrating, it's crucial to have a plan for tracking income and expenses through an ecommerce accounting system.
Ecommerce accounting encompasses recording and managing financial data relevant to ecommerce operations. It is a specialized subset of small business accounting tailored to the unique needs of ecommerce companies. The practice involves tracking transactions, categorizing income and expenses, and understanding accounting terminology.
[
add
]
[
|
|
...
]