E-Commerce Accounting
Bringing Joy To Every E-Commerce, Adding Pace To Your E-commerce
Benefits of Accounting Service in E-Commerce
Handles Cash flow Issues in your Business
Track Your Earnings Before Tax and Sales
Expert Advice on Inventory Management
Providing Assistance in Projecting Sales.
Types Of Accounting Services in E-commerce
Claim of Loss On E-commerce
This loss occurs when a customer did not receive their products, He/She Buys from any online platform and pays before receiving the parcel so this Is a loss for the customer but they didn’t know how to recover this claim.
Stock Reconciliation
Stock reconciliation prevents your company from many big losses. We also provide this service under which we maintain the data of your company products and evaluate them. It helps to monitor the warning signs or bigger issues.
Payment Reconciliation
Under this service, we cross-check your bank statements and bookkeeping from your E-commerce accounts. This service helps to reduce your accounting error and helps you maintain the tax reports.
Inventory Management
Inventory management is a very necessary data for every company. Aulten Ventures Maintain the stock record in excel and give notice to you regarding the products which are less in number or don’t have enough stock. This report helps to Maintain a good stock in your godowns.
Closing Stock Summary
We also maintain the unsold stock records for your company in which we also ensure that what is the current status of your unsold stocks for a particular day. This helps to maintain the overall data of your stock. This statement helps to get real-time updates on stock.
Incorrect Commission and Other Fees Charged
Some E-commerce platforms charge higher commission rates as compared to other platforms and take some irregular charges from prospects. we will help the client to take back the refunds which they were paid to the e-commerce.
RTO Reconciliation
In this, the company’s statement of account adds and subtracts reconciling entries is done. We offer this service for your company’s accounts in which we check the previous and current reports of the accounts. These reports state the proper condition of the company’s accounts and check which adjustment is required for accounts.
Top Selling Product
The product sheet is a list of products that helps to identify the Top selling product and least-selling products we will provide this kind of service by which you can differentiate your products and you can manage your products and this helps to increase your business
Frequently Asked Questions
- It is the process of counting and evaluating stocks which is present in the company and how much stock is required for further deliveries. It gives an accurate idea to fill the stock in godowns.
- The general ledger is the document in which the income, expenses, and other movements of a company’s accounting are organized and recorded individually.
- A settlement is a time of payment by the customer to the merchant account receiving the fund whereas payment reconciliation is the process of reviewing the fund and all transactions of the company
Closing Stocks are Not Appearing in the Trial Balance. Because The value of total purchase is already mentioned in the trial balance if we mentioned closing stock in the trial balance then the outcome will be doubled.
This Helps You to Know the Availability of Stocks quantity You can also view the stocks balance and profit made from sales of your stock
It is the process of comparing transaction and activity to support documentation. We can say that reconciliation is the process in which irregular data is corrected by the accountant team.
- Reconciliation means restoring relationships, so it is no longer an individual process but implies a voluntary rapprochement of the formerly quarreling parties who want to reconnect without necessarily having to forgive the other.
This service is totally depend upon your business and your account health.
E-commerce accounting is different because it contains lots of transaction that’s are lead to be very complicated . It involves performing a range of accounting task for your E-commerce Business