Directive Finance - Accountant for eCommerce

Expert Accounting for Your E-Commerce Business

Running an e-commerce business involves managing inventory, handling multiple payment gateways, and navigating sales tax across different jurisdictions. Precise financial management is crucial for your success.

Many of our eCommerce clients share the following pain points:

Inventory Management

Tracking inventory and calculating the cost of goods sold (COGS).

Efficient management and tracking of inventory and costs.

Sales Tax Compliance

Handling VAT and sales tax for various regions.
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Accurate handling of VAT and sales tax requirements.

Payment Reconciliation

Reconciling payments from multiple gateways and managing returns. Managing and reconciling payments and returns effectively. Navigating and accounting for various fees and commissions charged by e-commerce platforms and marketplaces. Understanding how these costs affect overall profitability and pricing strategies.

Fraud Prevention and Chargebacks

Dealing with fraudulent transactions and chargebacks, which can lead to revenue loss and increased administrative costs. Implementing systems to detect and prevent fraud while minimising legitimate customer inconvenience.

Shipping and Logistics Costs
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Managing and accounting for shipping expenses, including international shipping complexities, import/export duties, and understanding the impact on profitability.

Cash Flow Management
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Ensuring adequate cash flow to handle operational expenses, invest in inventory, and manage seasonal fluctuations, particularly with delayed payment cycles from payment processors or platforms.