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Do I Need an Accountant for My E-commerce Business?

Snyder

Here are a few scenarios in which you probably need advice from an accountant: Choosing an advantageous trading structure as a start-up Switching between accrual and cash-basis accounting systems Filing complex tax returns or multi-state sales tax declarations Managing cross-border taxes for international sales Troubleshooting a cost inefficiency.

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Does Shopify Have Expense Tracking?

Snyder

In this case, you have two options–hiring an accountant for your e-commerce business or integrating an accountancy app that will do the legwork for you. How Do Accounting Apps Integrate With Shopify? What Is Expense Tracking? It’s also vital to anticipate costs to keep track of your cash flow.