Optimized Bookkeeping and Sales Reconciliation Enhance E-commerce Operations

Accelerating E-commerce Excellence: Streamlined Financial Systems Unlock Growth

Supply Chain Operations

Finance

Since 2022, we have been pivotal in transforming the financial landscape for an e-commerce client in the USA operating across multiple categories. Initially challenged by irregular bookkeeping and discrepancies in transaction recordings, our team devoted 800 hours to meticulously revamping their financial processes. This initiative not only rectified their bookkeeping errors but also optimized the reconciliation of sales across various platforms such as Amazon and eBay, fostering operational efficiency and growth.

“Revitalizing Presence: Escaping the Struggle of Unseen Products”

PAIN POINTS THEY WERE EXPERIENCING:

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The Solutions We Brought

Automated Sales Recording

Implemented a system to automatically record transactions from Amazon and eBay directly into QuickBooks Online (QBO), ensuring accuracy and timeliness.

Streamlined Bookkeeping Processes

Standardized bookkeeping practices to maintain regular and systematic financial records.

Comprehensive Reconciliation System

Developed a robust reconciliation process to align bank statements with sales data from online stores, eliminating discrepancies.

Error Analysis and Rectification

Instituted a continuous monitoring system to identify and correct transactional errors promptly.

Training and Support

Provided extensive training to the client’s staff on new systems and processes to ensure smooth operation and maintenance.

Regular Financial Audits

Conducted regular audits to assess the accuracy of financial records and compliance with applicable standards.

The improvements in our financial operations have been transformative. With streamlined bookkeeping and precise sales reconciliation, we can now focus more on expanding our business rather than getting bogged down by financial inconsistencies

⁠— Financial Manager, E-commerce Client

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