#e-commerce
E-commerce
Accounting solutions for online stores and e-commerce businesses
TikTok Shop Seller Bookkeeping: Reconciling Gross Sales, Fees, and Your 1099-K
TikTok Shop's 1099-K reports unadjusted gross sales, not net payout — referral fees, payment processing charges, and affiliate commissions typically consume 30-45% of that total before it reaches a seller's bank account, and untracked fees can inflate taxable income.
EU VAT One Stop Shop: How US Freelancers and SaaS Founders Sell Into Europe Without 27 Tax Registrations
The EU's Non-Union OSS scheme lets US freelancers and SaaS founders selling digital products to EU consumers file one quarterly VAT return instead of registering separately in all 27 member states.
Retail Return Fraud and Wardrobing: How to Catch It in Your Books
Wardrobing and other return fraud account for roughly 10–15% of retail returns and cost U.S. retailers over $100 billion a year; reason-code tracking, customer-level return reports, and a monthly returns reserve are the bookkeeping controls that catch it before it erodes margin.
Writing Down Obsolete and Slow-Moving Inventory: Lower of Cost or Net Realizable Value Explained
Don't carry dead stock at full cost — GAAP's lower of cost or NRV rule requires writing obsolete and slow-moving inventory down to what you can actually realize, with a repeatable month-end workflow.
Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit
One missing resale certificate can reprice years of sales as taxable — collect the right form at checkout, validate it on receipt, renew 60 days before expiry, and tie every certificate to its invoices.
Accounting for Customer Loyalty & Rewards Programs Under ASC 606: Points Liability, Deferred Revenue, and Breakage
Loyalty points are a separate performance obligation under ASC 606 — allocate revenue to points at standalone value, hold it as deferred revenue, and recognize it (plus proportional breakage) only on redemption or expiry.
Buy Now, Pay Later Is Quietly Breaking Your Books: A Merchant's Guide to Accounting for Klarna, Affirm, and Afterpay
BNPL providers pay merchants the full sale price minus a fee, then report gross volume on a 1099-K — so recording only the net deposit understates revenue and triggers IRS underreporter notices. Record gross sales through per-provider clearing accounts to keep fees, reserves, and 1099-K totals reconciled.
All-In Pricing in 2026: SB 478, the FTC Junk Fees Rule, and the State Compliance Patchwork
California SB 478, the FTC Junk Fees Rule, and new Minnesota, Massachusetts, and Connecticut statutes require all-in pricing across hotels, tickets, restaurants, and subscriptions in 2026. A practical compliance checklist covering pricing engines, third-party feeds, frontline scripts, and the accounting reclassification work that follows.
Life After Section 321: How Small E-Commerce Importers Are Rebuilding Landed Cost, Pricing, and Cash Flow in 2026
A practical guide for Shopify and Amazon FBA sellers on rebuilding landed cost, pricing, and bookkeeping after the May and August 2025 suspensions of the Section 321 de minimis exemption, with line-by-line duty math, entry-type tradeoffs, and cash-flow tactics.
Sales Tax Holidays 2026: A Multi-Channel Retailer's Compliance and POS Configuration Guide
Twenty-one US states run sales tax holidays in 2026, with seven converging on August 7–9. Here is how Shopify, Amazon, Walmart, and Etsy sellers should configure product taxability, plan inventory, and avoid the per-item cap, bundled-sale, and excluded-venue mistakes that drive audit losses.
Texas Data Privacy Act and the 20-State Patchwork: A 2026 Compliance Playbook
Twenty US states have comprehensive consumer privacy laws in effect by 2026, twelve require Global Privacy Control recognition, and cure periods are sunsetting in Connecticut, Delaware, Kentucky, Minnesota, and Montana. Here is the minimum viable compliance program for SaaS, e-commerce, and professional service operators.
Online Course Creator Bookkeeping: ASC 606, Sales Tax After Wayfair, Stripe Fees, and Affiliate Commissions
A bookkeeping framework for course creators on Teachable, Kajabi, and Thinkific covering ASC 606 recognition for cohorts and lifetime offers, state economic nexus after Wayfair, Stripe and PayPal reserve accounting, affiliate commission classification, and Section 179 studio capitalization.