Fincubex

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Welcome to Fincubex

Shopify & Amazon Accounting

Optimize your E-commerce finances with Fincubex’s Shopify & Amazon accounting services

The Edge with Fincubex

From Clicks to Clean books. Expert Accounting solutions for Shopify & Amazon with Fincubex

Shopify and Amazon are leading e-commerce platforms that enable businesses to sell products online. While Shopify allows businesses to create and manage their own online stores, Amazon offers access to a vast customer base through its marketplace. Managing the financial side of your online business can be complex, especially with ever-changing tax regulations and unique accounting considerations. We are your one-stop shop for seamless Shopify and Amazon accounting solutions.

Unlocking E-commerce Potential

Navigate the E-commerce Maze with our expert Shopify & Amazon Accounting Services

Running a successful business on Shopify and Amazon requires juggling multiple platforms and financial complexities. From managing inventory and sales tax across different marketplaces to ensuring accurate bookkeeping and optimizing profitability, navigating the world of e-commerce accounting can be a daunting task. That's where Fincubex comes in. Here's how Fincubex empowers your multi-channel success

Account Setup and Integration

Begin by connecting your Shopify and Amazon accounts to accounting software like QuickBooks or Xero. Configure tax settings and the chart of accounts to ensure accurate financial tracking.

Sales and Revenue Management

Automatically record all sales transactions, including product details and prices. Track platform-specific fees such as transaction, listing, and subscription fees to maintain comprehensive revenue management.

Inventory Management

Integrate with inventory systems to calculate Cost of Goods Sold (COGS) accurately. Continuously update inventory levels and valuations in real-time to reflect sales, returns, and new stock.

Expense Tracking

Record all business-related expenses, including shipping, marketing, and fulfillment costs, along with recurring fees for software subscriptions and third-party services.

Payment Reconciliation

Match payouts from Shopify Payments, Amazon Pay, and other processors with bank statements to ensure accurate financial records. Track all disbursements from both platforms.

Tax Compliance

Automate sales tax collection and recording based on customer locations. Manage international taxes like VAT and GST, and prepare accurate tax returns for compliance with all applicable laws.

Financial Reporting

Generate detailed profit and loss statements, maintain accurate balance sheets, and track cash flow to monitor the business’s financial performance and liquidity.

Strategic Business Insights

We go beyond basic accounting. We analyze your financial data to uncover valuable insights that can help you optimize your pricing strategies, marketing campaigns, and overall business operations for increased profitability.

Support and Consultation

Receive ongoing support from e-commerce accounting experts and provide training sessions for your staff on financial best practices and software use.

Partner with Fincubex and experience the power of streamlined, data-driven accounting solutions for your Shopify and Amazon business!

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Software

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