Walmart

Clunky integration, messy sales data? Not with A2X, say LedgerGurus

From single mum to CEO of 60+ employees After unexpected circumstances left Brittany Brown as a solo mum (with no education to fall back on), she decided to go back to school and get her accounting degree. She was about to graduate and was being actively recruited by some of the ‘Big Four’ public accounting firms in North America, but she could tell they weren’t the right fit. She took a job with a small, local accounting firm instead, but around the same time, client accounting services were growing – and the idea sparked the start of Brittany’s own firm, LedgerGurus.

Multi-channel clients require a multi-pronged approach

Riding the early wave of eCommerce accounting In 2011, when husband and wife duo Scott and Patti Scharf founded their eCommerce accounting firm Catching Clouds, Amazon dominated the online shopping sphere. Over a decade later, the market has exploded with Shopify, Etsy, Walmart, eBay and international Amazon iterations joining the fray. As one of the first accounting businesses to specialise in eCommerce, Catching Clouds has gone from strength to strength, taking on larger clients, going beyond simple bookkeeping and recently merging with Acuity.

Using digital tools brings about new business opportunities for Elver Ecommerce Accounting

From humble beginnings to specialists in eCommerce Around eight years ago, Steve Blackmore was working from home in the UK – he’d just started his own accounting practice. He admits the first six months were a steep learning curve, with new clients slowly trickling in, but it wasn’t long before it became his full-time gig. Over time, the growth led to leasing an office and hiring more staff, including his son Oliver.

Understanding Ecommerce Sales Tax

Ecommerce sellers used to have a pretty easy time when it came to sales tax, but those days are gone. In June 2018, a landmark case turned the tide on sales tax collection for good. The Wayfair vs. South Dakota ruling redefined the criteria for business owners eligible to pay sales tax. Prior to this ruling, business owners needed physical presence in a state to be considered eligible to remit sales tax.

Integrating awesome technology for fast-scaling clients

For the love of tech After 15 years working as an accountant, Philip Oakley decided it was time for a change. He took the part of his job he loved the most – the tech – and started helping businesses find the right cloud solutions to sell their products and services online. Fast-forward 13 years and OutserveWeb has partnered with some of the biggest names in cloud tech including Shopify and Unleashed.

Why Every Amazon Seller Should Consider Expanding to Selling on Walmart

Amazon finally has a real competitor in the ecommerce space, and it’s none other than retail giant Walmart. Now that the latter’s platform is exploding in growth, merchants would be wise to explore their options. Expanding your Amazon business to selling on Walmart is a smart move to increase your reach and revenue. While Amazon is the largest online marketplace, Walmart marketplace has seen impressive growth in recent years and offers several benefits to sellers.

Why Ecommerce Business Owners Need to Work with an Accounting and Bookkeeping Expert

This article is a guest post from our friends at Ecombalance, a monthly bookkeeping service and A2X Gold Partner. Starting, running, and scaling an ecommerce business can be a difficult and complicated process, especially when it comes to your ecommerce bookkeeping and accounting. In addition to managing your inventory, shipping, customer service and more, you also need to keep up with the financial side of your business. This means staying on top of taxes, filing accurate financial statements, understanding business deductions, tracking expenses and more.

How To Sell On Multiple Channels

Have you ever stood in a store, about to buy a product, and then quickly checked online to see if it’s cheaper? Yeah, you’re far from alone. We live decidedly multichannel lives these days. As customers, we have choice. It might be shopping through ecommerce sites, brick-and-mortar stores, social media, or market stalls. And we expect our favorite brands and products to be there waiting for us across a variety of mediums.

Social Media for Ecommerce Businesses Today

“Pushing a company agenda on social media is like throwing water balloons at a porcupine.” Erik Qualman, author and motivational speaker. It’s no secret that social media is a powerful tool for businesses. But its power lies in engaging with the right audience in the right way, which is not an easy thing to nail. Particularly when audience interests, needs, and expectations change. Simply posting an ad or a product is not enough.

How to Sell on Walmart Marketplace: The Definitive Guide

Walmart exists to make life easier for consumers. This is clear in everything from their branding to the layout of their physical stores - it’s a one-stop shop; it’s the most affordable stuff all in one place; it’s trusted, recognizable brands that consumers know and can depend on. Walmart’s fast growing online marketplace is an opportunity for business owners and entrepreneurs to get all the benefits of having their products in a department store, with the convenience and increased reach of ecommerce.

How Does Accounting Compare Across Ecommerce Platforms Today? An A2X x Insightful Accountant Webinar

On 26th May 2021, we took part in a webinar with Insightful Accountant to discuss how ecommerce sellers need different kinds of accounting support based on their selling platform. We explored what’s changed and still changing, the key accounting challenges for each type of seller, and trends emerging within the industry. Armed with these insights, ecommerce accountants can anticipate the changing needs of their clients this year and better serve them in their journeys.

Why A2X for Xero Is A Great OneSaas Alternative

There are thousands of ecommerce apps and integrations on the market today all trying to solve problems for sellers. Whether it’s accounting, fulfilment, customer management, marketing or tax compliance, business owners are able to design a tech stack that perfectly services their unique needs and goals, and removes much of the requirement for human input. As much as a customized infrastructure is an incredible resource, having numerous separate apps poses a tricky challenge: How do you get them talking to each other?

How to Integrate Walmart and Xero

Integrating Walmart Seller Center with Xero is a great way to increase efficiency and accuracy for Walmart seller bookkeeping. Walmart marketplace sellers – and accountants and bookkeepers who work with Walmart sellers – will understand that bookkeeping for Walmart can be complex. One key challenge that makes Walmart bookkeeping complicated is that Walmart settlements are not just made up of sales – they’re actually a combination of sales, fees, refunds, and other transactions.

How to Integrate Walmart Seller Center with QuickBooks Online

Integrating Walmart Seller Center with QuickBooks Online is a great way to manage Walmart seller bookkeeping efficiently and accurately. Walmart marketplace sellers and accountants and bookkeepers who work with Walmart sellers will understand that bookkeeping for Walmart can be complicated due to the fact that Walmart settlements are not just made up of sales – they’re actually a combination of sales, fees, refunds, and other transactions. Simply coding a Walmart settlement to a ‘Sales’ account is incorrect, and can lead to a number of issues.

Scaling Your Walmart Seller Business: Walmart Marketplace Knowledge Base

As a business owner in the ecommerce sector, you’ll be well aware of the benefits of online market platforms. Rather than deal with the expense and the time-consuming process of building your own ecommerce platform, it makes sense to leverage ones that are already thriving. You might already be an aficionado on Amazon and Shopify, so perhaps it’s time to diversify and join the Walmart Marketplace. Or maybe you’re just starting out as an online entrepreneur, and want to plan ahead.

Grow Your Business with a Successful Data-Driven Strategy

Sellers Funding Data Insights is a Game Changer for Amazon Sellers Guest post by SellersFunding. Updated October 2020. It’s no secret that big data is rapidly changing the way companies do business and helping them make more informed decisions. This is why it is vital to have a robust data-driven strategy for your Amazon Sellers business, to stay competitive in today’s evolving marketplace. A successful strategy not only requires a clear vision of your business goals, but it also needs to include how you will:

A Complete List of Walmart Product Categories

With no set-up or ongoing membership fees, a wide customer base and less competition than many other online platforms, Walmart Marketplace has emerged as a major opportunity for ecommerce sellers. It is important as a seller on Walmart Marketplace that you categorize your items correctly. This not only determines customer experience and visibility, but it directly affects the fees that you will need to pay the platform. For more information on this and how it works, check out their instructional video.

Walmart Fulfilment Services: What You Need to Know

Fulfillment by Amazon (FBA) had given the ecommerce giant an edge over its competition - until now. With Walmart Fulfillment Services (WFS) launching nation-wide, Walmart Marketplace sellers can now leverage the extensive fulfillment network and experience of this retail goliath, giving their customers a smooth buying experience without the hassle. What’s the catch, you say? Well, there needn’t be one. From Walmart Fulfillment Services cost to process, eligibility and set up, here’s everything you need to know.

Walmart Advertising Strategy Guide: How To Harness The Power Of Performance Ads

“Retail e-commerce sales projected to pass 4 trillion (14.6% of total retail sales) by 2020.” - Interana Competition is rife in ecommerce, and that’s only set to increase. Whilst studies say that the number of us blocking ads has gone up, that doesn’t mean we should give up on advertising altogether. This is why performance-based advertising is so popular - you only pay for desired actions once you’ve received them.

Walmart Sales Tax - How To Do It The Right Way

Sales tax is one of the greatest challenges for ecommerce sellers in the US. Why? Because compliance requirements differ across the states, and the consequences of getting it wrong can be quite significant. In 2018, the South Dakota vs. Wayfair Inc. ruling changed the tax landscape for remote sellers for good. With this decision came a wave of state-specific rules and definitions of tax nexus, leaving many sellers - small and large - confused about their obligations.

A2X for Walmart Launch | Seamlessly Automate your Walmart Accounting with A2X

Today is an exciting day for everyone here at A2X. That’s because today, we are thrilled to announce the launch of A2X for Walmart. While Walmart has traditionally been a big box retailer operating megastores throughout the world, they recently entered the online shopping industry in a big way - by creating the Walmart Marketplace and acquiring a number of smaller online shopping platforms to fuel their growth. If you’re selling on Walmart, or planning to sign up in the near future, then you’ll be pleased to know that A2X for Walmart is here to take the hassle out of ecommerce accounting.

Walmart vs. Amazon: The Changing Landscape For Ecommerce Sellers

Walmart is one of the most recognizable brands in the world. With a momentous footprint in the US, the giant has moved into ecommerce and is taking it by storm. Almost anyone can sell on Amazon. Merchants are in their millions which makes competition rife, selling strategies complex and standards strict. It’s likely that you are already selling on Amazon, and may be intrigued by the new kid on the block - what does Walmart offer that Amazon doesn’t, and should you be getting a piece of the pie?

Why More Sellers Are Diversifying Away from Amazon

About the author - Wayne is a management accountant who forged a 15-year career with tech heavyweight Hewlett Packard. He is now the COO and resident eCommerce accounting expert at Bean Ninjas. When Wayne isn’t managing a global team and equipping eCommerce entrepreneurs with the financial tools they need to enjoy business success and lifestyle freedom, he’s being an everyday superhero to his wife and five children. As 2020 rages on with global health and financial crises, we decided to take a pulse check on the state of eCommerce.

Cyndi Thomason | bookskeep

bookskeep paves a profit first path for ambitious ecommerce sellers Discover how Cyndi Thomason built her bookkeeping empire from the ground up with the help of smart digital tools like A2X. These days, bookskeep is thriving, helping ecommerce businesses turn healthy profits, and Cyndi (now a bestselling author) has cemented herself as a leading figure in the ecommerce accounting community. Juggling work and mum life As with many accountants, Cyndi Thomason’s career started in the corporate world.

How aggregator Cap Hill Brands automates month-end close across 27+ ecommerce stores

Explore how online consumer brand company Cap Hill Brands has quickly cemented itself as one of the top four aggregators in the US, and how A2X plays a critical role in its mission to nurture ecommerce brands into thriving global businesses. Taking ecommerce consumer brands to the next level With pandemic shopping and a new wave of online sellers entering the market, more and more Amazon aggregators are exploding onto the ecommerce scene.

Unloop and A2X | eCommerce Accounting on Autopilot

Helping clients turn their eCommerce accounting onto autopilot Combining the power of people and technology, Unloop is helping eCommerce founders gain control of their finances, using digital tools like A2X to put their accounting on autopilot. Together with other big-name systems like Xero, QuickBooks Online, Dext, Hubdoc, DEAR, Slack, Zoom, ClickUp and Loom, Unloop and its clients are headed for lightning-fast growth. From public to eCommerce accountant As with many professional CPAs, Michael Pignatelli cut his accounting teeth at one of the well-known ‘Big Four’, Deloitte.