Let’s say you are a brand new company and we're looking at the balance sheet of your company. You have current assets of $1,000 split between cash ($500) and inventory that you intend to sell ($500). Valuation ratios are used to determine the value of a stock when compared to...

You can also customize your dashboard to review all your ecommerce metrics at once. Ecommerce accounting also includes running financial reports such as profit and loss statements and cash flow statements. Think of these as the owner’s manual for your business—your financial statements and reports represent everything you need to know about the workings of your company, all compiled in one place. Ecommerce accounting is the practice of recording, organizing, and managing all of the financial data and transactions relevant to the operation of an ecommerce company. Think of it as a subset of small business accounting that is specifically set up...