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Shopify's Point of Sale (POS) system is a powerful tool for businesses looking to integrate their online and offline sales seamlessly. This article explores the top five reasons to use...

Discover the key benefits of Shopify for your e-commerce business. Learn how Shopify can help you start selling online, manage your store, and enhance your sales.

Discover essential bookkeeping tips for new Shopify store owners. Learn bookkeeping tips for small businesses, Shopify bookkeeping best practices, and how to manage your finances efficiently.

Discover the benefits of integrating Shopify with QuickBooks Online. Learn how this powerful integration can streamline your e-commerce and accounting processes, enhance accuracy, and save you time.

This is ABSOLUTLEY my favorite topic to talk about.  I am SUCH an advocate of accrual accounting.  My thought is that if you are spending the money for a professional...

At the end of the accounting cycle each month, conducting an inventory count is essential to adjust the records for accuracy. This helps in calculating the ending inventory, a critical...

An inventory system is a mechanism through which businesses track goods throughout different stages of production and sales. These systems provide essential data that help managers make purchasing decisions, optimize...

At the heart of revenue recognition is the principle that revenue should be recognized when it is earned, regardless of when the payment is received.

Typically, indirect expenses are not included in COGS. They should be clarified or possibly rephrased to prevent misunderstanding. For example: "COGS represents the direct costs associated with the production of...

Inventory accounting is a specialized area of finance that deals with the complex process of tracking and valuing inventory—a critical asset for many businesses. The intricate details involved in inventory...

Here at NetDeposited, Jamie Dunn, our bookkeeping team lead discovered a very strange glitch.  The way Bookkeep works is great: It posts sales in Journal Entry form a "batched total"...

NetDeposited offers tailored Shopify services that concentrate on optimizing and refining inventory and sales workflows with cutting-edge cloud-based solutions.