I'm here to help micro e-commerce sellers and other online business owners get a handle on their bookkeeping and taxes. If you are a new seller on Etsy, Amazon, Shopify, eBay, creator, self-published author and more, I'm here to help you navigate the boring but necessary accounting aspects of small business ownership in an easy to understand way.
January is a terrible time to fix your bookkeeping
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Hi Reader, January is a terrible time to discover that your bookkeeping system isn’t working. That’s when many business owners are already trying to:
Starting now gives you time to set up QuickBooks, learn a simple monthly routine, and fix problems before year-end. Save 90% on QuickBooks OnlineFrom August 3 through August 31, QuickBooks Online is offering 90% off for the first three months. That makes this a much more affordable time to get started. The goal is simple: close out the year with organized books and reports you can hand to your tax preparer—without spending January in a panic. And while you’re learning, you can bring your QuickBooks questions to my Office Hours instead of trying to figure everything out alone. QuickBooks isn’t necessary for every brand-new business. But if you’ve outgrown your current system or know your bookkeeping needs more structure, this may be a good time to make the switch. (If you're not sure, hit reply, tell me your situation, and I'll let you know what I think.) [Get 90% off QuickBooks Online] This is my affiliate link, which means I may earn a commission if you sign up, at no additional cost to you. Sarah |
Small Business Sarah
I'm here to help micro e-commerce sellers and other online business owners get a handle on their bookkeeping and taxes. If you are a new seller on Etsy, Amazon, Shopify, eBay, creator, self-published author and more, I'm here to help you navigate the boring but necessary accounting aspects of small business ownership in an easy to understand way.
Good Morning Reader, Back when I was shipping a lot of physical products during the holidays, there was one thing that made those long packing sessions much more bearable: a really good audiobook or podcast. Packing orders can be pretty mindless work, which meant I could keep my hands busy while my brain was off somewhere else entirely. And honestly, knowing I could jump back into a book I was enjoying made me more likely to stop procrastinating and get those orders out the door. Audiobooks...
Hello! In last week’s bi-weekly newsletter, we talked about building out new listings, testing new ideas, and giving those listings time to settle in and start gathering data. This week, I wanted to talk specifically to my Etsy sellers about one of the strategies I’ve been experimenting with as I build out my own Etsy shop. I actually have another Etsy shop besides Small Business Sarah. It’s my little testing ground where I can have fun experimenting with products, designs, pricing,...
What gets included in your eCommerce deposit This email contains referral links. See my disclosures. Hi Reader, I received a great reader question the other day: If I use cash basis accounting, do I still need to record all the sales, fees, refunds, shipping, and sales tax breakdowns? The answer is yes. Cash basis accounting means you generally record income when you receive the money and expenses when you pay them. But it does not mean your bookkeeping should only show the lump-sum deposit...