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E-commerce bookkeeping records sales, fees and refunds at gross, then ties the net Amazon or Shopify payout to a clearing account that must clear to zero
Posted inUS Accounting & Tax Bookkeeper

E-Commerce Bookkeeping for US Sellers: Amazon, Shopify & Multi-Channel Reconciliation

E-commerce bookkeeping records sales, fees and refunds at gross, then ties the net Amazon or Shopify payout to a clearing account that must clear to zero
Posted by Riyali Ganguly July 30, 2026
A bank reconciliation explains every gap between the statement and the books: adjust the bank side for timing, the book side by journal entry
Posted inUS Accounting & Tax

Bank Reconciliation Explained Step by Step for Bookkeepers

A bank reconciliation explains every gap between the statement and the books: adjust the bank side for timing, the book side by journal entry
Posted by Riyali Ganguly July 30, 2026
US GAAP requires accrual accounting, but the IRS lets a business averaging under $32,000,000 in gross receipts file on cash. How both work in practice
Posted inUS Accounting & Tax Bookkeeper

Accrual vs Cash-Basis Accounting: US GAAP and IRS Rules 2026

US GAAP requires accrual accounting, but the IRS lets a business averaging under $32,000,000 in gross receipts file on cash. How both work in practice
Posted by Riyali Ganguly July 29, 2026

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Recent Posts

  • E-Commerce Bookkeeping for US Sellers: Amazon, Shopify & Multi-Channel Reconciliation
  • AI in US Accounting 2026: QuickBooks and Xero
  • US Chart of Accounts: The Small Business Bookkeeping Blueprint
  • Bank Reconciliation Explained Step by Step for Bookkeepers
  • Accrual vs Cash-Basis Accounting: US GAAP and IRS Rules 2026
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