Setting up your accounting practice for ecommerce success: From 0 clients to a thriving niche

In this webinar, ecommerce accounting specialist Veronica Wasek, Founder of Mavency, provides a guide for how accounting and bookkeeping practices can specialize and serve an ecommerce niche.
Additional resources:
- Access the Shopify Bookkeeping Method course - use code shbka2x15 for up to $155 in savings - courses.5mbacademy.com/course...
- 5MB Academy for virtual bookkeepers - courses.5mbacademy.com/
- ‪@5MinuteBookkeeping‬
- Get marketing tips for attracting new ecommerce clients in this webinar recording - • Proven Marketing & Sal...
- Book a demo with the A2X team - go.a2xaccounting.com/book-a-demo
Get in touch:
- Get in touch with Mavency - mavency.com/
- Get in touch with A2X - [e-mail]
In this webinar:
00:00 Setting Up Your Practice for Ecommerce Success: From 0 Clients to a Thriving Niche
01:58 Meet Veronica
05:20 Agenda
05:47 The world of ecommerce accounting
08:21 Defining ecommerce accounting
14:16 What makes ecommerce accounting so complex?
15:49 Bookkeeping for timing differences
19:45 Using clearing accounts
21:18 Overcoming ecommerce hesitations
21:55 Hesitation: “Clients don’t want to pay for apps”
22:57 Hesitation: “Clients don’t want to work with a bookkeeper”
24:09 Hesitation: “I have to be an expert in ecommerce, sales, taxes, inventory, and more”
27:12 Mavency’s ecommerce niche journey
30:09 Navigating ecommerce tools
35:45 Beware of free apps!
38:41 Using A2X for ecommerce accounting
39:47 Pricing strategies for ecommerce bookkeeping
43:14 Other helpful tools
43:56 Lessons learned
44:21 Access the Shopify Bookkeeping Method course
46:18 Q&A
46:34 The A2X Partner Program
47:13 Marketing & lead generation
49:40 TikTok Shop
52:50 How A2X can fetch historical data
53:41 How to price up a client who has multiple sales channels, currencies, countries, and bank accounts
55:40 Marketing resources
58:13 Events and conferences to meet ecommerce sellers
1:00:00 How to handle COGS an inventory when the client has no records
1:03:18 Recommended inventory management system
1:04:25 How to complete with solutions such as Upwork
The information provided in our webinars and resources is meant to be general in nature. Please consult a certified expert to get advice for your specific business requirements.