Let’s face it, managing the “numbers” of your online business is a pain for most of us. We’ve got a simple solution.
If you’ve tried to do this yourself, perhaps you setup a spreadsheet to track your expenses, pull your Amazon transaction reports, grabbed your eBay statements, run your Shopify summary reports, data, data, data, on and on and on.
Next you dump all those numbers to a tax professional and hope that they can properly identify everything to maximize your profits and minimize your taxes.
But every time you are likely forgetting to track some common expenses or a deduction. Your reports are likely incorrect or incomplete, but you have little way of knowing.
If this sounds like you, you are almost certainly blowing profit out the window that should be staying in your pocket!
Be Ready For Tax Time!
Tax time comes quickly every year! This year most US businesses have a new earlier filing date – March 15 is an important tax day in the US!
If you need a quick solution, you should consider our Crash Accounting method which we cover in this training. After you complete the simple setup videos we’ll show you how to summarize your sales and quickly get your numbers ready to send to any qualified accountant for tax preparation.
All the platforms like Amazon and Shopify give you high-level transaction numbers but in order to maximize the money you keep in your pocket you need the real numbers that define your success. You need to know your net profits. You need to know the numbers that are the lifeblood of your business.
There are any number of accounting training systems available online. Some of them are free and many are $300 plus. BUT, few (if any) of them are focused on your specific needs as an e-commerce seller!
Our goal is to get you running with proper training on the basics of e-commerce training utilizing the world’s number one accounting system, QuickBooks Online, or offer you a done for you service if you prefer.
Accounting Course Webinar
What is "crash accounting"?
Crash Accounting is a way to generate a quick summary for your annual business activity so you can get good data to your tax person in plenty of time for tax season. It also works for your regular business process if you are comfortable expensing your inventory purchases and not including detailed sales tax info in QuickBooks Online. You can always track those details in another application if you are already doing so. You can start with crash accounting to handle your annual numbers and then switch over time to more detailed accounting. It’s your choice and our training helps you make that choice.
Does your Proven Accounting Training work with the accrual method of bookkeeping?
Yes the training will work cash or accrual and the topic is discussed a couple of times in the training. However the vast majority of sellers use cash basis and all the platforms - Amazon, eBay, etc - function on a cash basis. You can make it work accrual but its going to be a lot harder to get things to match up.
Can I simply give this “Crash Accounting” information to a third party (an assistant, my accountant etc.) and tell them to do it for me?
Yes - one of the videos explains how to setup other users and give them varying levels of access to all necessary data depending on your needs. Keep in mind though that many accountants do not understand the business of being an ecommerce seller so it is to the sellers benefit to make sure that you, or someone on your team understand the principles.
How much “work” is there in getting this right for my business?
The first year will be the hardest year. There are about 4.5 hours of video for you or someone on your team to go through. On average, a couple hours of setup work is involved to get started. The time to enter your data will vary depending on the size of your business but we will teach you a number of techniques to simplify the process. After year one though, you’ll have a streamlined process that will make your accounting and expense tracking far more straightforward and organized.
Why is this only $99 if it’s so useful?
We have a massive community of full-time and part-time online sellers to serve. We are characterized by providing 10X value on all courses and services we provide. This is no exception. It should be priced at $500 or more, but we are launching it for $99 to serve our community well and deliver exceptional value.
Do I need to purchase QBO software in order to put this system to use?
Yes, but we are getting you a great discount on that software. You REALLY need quality software in order to maximize your take home profits and ensure the accuracy of your business bookkeeping.
Is this international?
The training is created with QuickBooks Online US. Anyone selling in the US and/or with a US based business is included in this target group. If you are an international seller selling on Amazon US or other US based platforms our training along with QuickBooks Online US will provide you with the tools to fulfill your US accounting needs.
Part of the Proven Amazon Course.
Our goal is to make our customers happy, so we back that up with our simple refund policy. If you are not pleased with your purchase for any reason, just contact us within 30 days and we will offer a full refund or credit - your choice! Have questions or concerns? We are happy to help. Contact us at: [email protected]