The CronosNow Ecommerce Accounting Blog
Welcome to the CronosNow Ecommerce Accounting Blog, your premier destination for navigating the complex financial landscape of online retail. Gain invaluable insights into e-commerce accounting and bookkeeping as well as optimizing your financial strategies, enhancing profitability, and ensuring compliance with the latest tax regulations. Whether you’re a startup owner, a seasoned entrepreneur, or an accounting professional, our blog offers a treasure trove of practical advice, industry trends, and innovative solutions designed to empower your business in the digital age.
The Tax Solution Every High-Growth eCommerce Seller Needs to Consider
High-growth can lead to big profits—and an even bigger tax bill. Learn how Jim, an eCommerce seller, faced a tax dilemma with no cash to pay, and discover the strategy we used to manage his tax burden effectively.
How Incorrect COGS Calculations Cost an E-Commerce Founder $84,000
Ignoring accurate landed costs can severely impact your business. Caroline learned this when an accounting error led to $84,000 in overpaid fees and misguided decisions. Learn why proper cost accounting is crucial.
How Accrual Accounting Helped Jim Reveal a Hidden $1.2M Profit
Cash basis accounting is simple and affordable, but it misses crucial details needed for informed business decisions. Discover why accrual accounting provides a clearer picture and helps you make smarter financial choices for your business.
Don’t Let VAT Sink Your UK Expansion
There are huge opportunities for U.S. businesses to expand into Europe, with the potential for double-digit growth. Don’t let poor regulatory planning derail your success—prepare carefully to seize the incredible growth potential waiting in the European market.
How to break free from the eCommerce debt trap
Leveraging debt to grow your business can be a powerful strategy, but many eCommerce founders fall into a destructive debt trap that erodes profits, causes frustration, and leaves them feeling helpless. Learn how to avoid the eCommerce debt trap.
Is a 4X ROAS killing your business?
Is your business’s ROAS as strong as you think? Are you actually making a profit? Many owners and marketers believe their marketing is effective, but the reality can be different. Learn how to accurately measure ROAS to ensure you’re not losing money on your advertising efforts.
Reduce Your Ecommerce Accounting Costs: Pro Tips for Sellers
How do you get the best value when it comes to what you pay your ECommerce accountant? Discover what affects eCommerce accounting costs and find strategies to lower monthly fees while maintaining financial accuracy.