In the world of e-commerce accounting, chargebacks are a common occurrence. Chargebacks happen when a customer disputes a transaction and requests a refund from their bank or credit card company. This can be because of several reasons, including fraud, unauthorized transactions, or a dissatisfied customer. While chargebacks can be frustrating, they are an inevitable part of business in e-commerce.
Read MoreUnderstanding the basics of the accounts receivable process is essential for any business owner or accountant. Read on.
Read MoreAre you a small business owner struggling with your company's financial aspects? Financial management is difficult, especially if you don't know how to properly compensate your staff and make sure that you pay all of your expenses on time.
Read MoreAs a startup, it is important to be aware of the different aspects of accounting in order to keep your business on track. Why? Simple: money is a business' bloodline. Without money, a business cannot operate properly, if at all, and being able to manage this money wisely is key to the success of any organization, especially startups.
Read MoreTime is a crucial element in business, production, and life. It can heavily impact productivity and a company's bottom line when it comes to managing costs and revenue. Time is closely linked to several key performance indicators (KPIs) that evaluate a company's capability to produce, expand, satisfy customer requests, and achieve the best possible outcomes.
Read MoreSales tax is a tax imposed on the sale of goods and services. The tax is calculated as a percentage of the sale price of the good or service. The tax is typically imposed by the state where the sale occurs.
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