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How to Bookkeep For Your Shopify Store. As you run your Shopify store, you need to continuously record and manage all your financial transactions, including sales, expenses, and payments, commonly referred to as bookkeeping or accounting. With an accountingapp, you can perform these tasks quickly and accurately.
One major change you might be considering is using, or upgrading, your bookkeepingsoftware. Knowing what technology to use, however, may be harder to work out: last year, a global survey of professional accountants revealed 42% said “they are overwhelmed by the sheer pace of technological change”.
Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years.
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