Things No One Wants to Deal With - E-commerce Accounting, Taxes, and More with Tom Mercer
March 14, 2024
Welcome to Episode 104 of the eCom Ops Podcast! In this insightful episode, we dive deep into the world of e-commerce accounting with our special guest, Tom Mercer, from Bean Ninjas. Tom brings a wealth of experience, having worked with seven and eight-figure e-commerce businesses, and shares his journey from a globe-trotting accountant to a specialist in e-commerce finance.
Things No One Wants to Deal With - E-commerce Accounting, Taxes, and More
Tom Mercer, Director at Bean Ninjas, is an ACCA-certified accountant renowned for his expertise in scaling eCommerce businesses. With over six years of global remote accounting experience, he specializes in creating tailored accounting solutions using Xero and was awarded the Xero Bookkeeping Partner of the Year in 2019.
Bean Ninjas is a leading financial services firm dedicated to empowering seven and eight-figure eCommerce businesses. Specializing in bookkeeping, accounting, virtual CFO, and tax services, they focus on platforms like Shopify, Amazon FBA, and WooCommerce, helping entrepreneurs achieve financial independence and make data-driven decisions.
The No.1 eCom Operations hack
When it comes to taxes, what we do is we actually the lucky thing now that we didn't have 10, 15 years ago is we have really good software integrations that basically take care of taxes for you. Taxes are the thing that keeps most e-commerce entrepreneurs up at night, worrying and looking over their shoulders. So that's the reason this is like a dream come true.
You Will Learn
- The critical role of bespoke accounting and bookkeeping solutions in scaling eCommerce businesses.
- Insights into the unique financial challenges and opportunities faced by eCommerce platforms like Shopify, Amazon FBA, and WooCommerce.
- The importance of data-driven decision-making in achieving financial independence and success in the eCommerce sector.
- Strategies for navigating global accounting practices and regulations, essential for eCommerce businesses operating in the international market.
Let’s keep learning and growing together in the world of eCommerce!
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