E-commerce is not a fad that will pass away. People have discovered the comfort of getting products or services over the phone or any other device. This alternative to traditional commerce has shown an upward trend, with a whopping sum of $4.2 trillion being the total amount made with e-commerce in 2021. E-commerce accounting is the collection, analysis, and reporting of the financial transactions relating to your e-commerce business.
”Every company shall keep its accounting books in its head office for a period of at least 5 (five) years from the end of the financial year of the company.’’
Climate change risk must be integrated into corporate planning, finance, processes, and communications by chartered accountants and the companies they deal with.
Any freelancer or solopreneur requires a comprehensive plan to achieve their financial goals, including accurate record keeping, increased profitability, and tax compliance. You, too, will profit from hiring an accounting firm to help organize your finances.
I understood that establishing my online fashion business would be a long-term investment. It’s something that I’m optimistic about, so it doesn’t sound like a job. Yet I didn’t know how much more time I would have wasted from not getting the correct accounting solution in place from the outset.
Tanvi Fal Dessai | Narrated by: Sara
As the saying goes, “you ask the wrong question – You get a wrong answer. And that certainly implies in everything we say or everything we want to know. So, are you sure you are asking the right question when you tell which is the right or the best accounting software for your business?