If you’re an e-commerce entrepreneur, you have probably heard about e-commerce accountants… but what are e-commerce accountants? How do they differ from a standard accountant? Here’s the rundown on what makes us different and why you should hire one if you are serious about your e-commerce store’s growth.
Every business needs an accountant, but an accountant that is specific to your industry can have massive advantages. In most sectors, this comes down to a simple case of understanding your business, but with e-commerce, it can run much deeper. Your ethos and priorities are different.
What traditional accountants won’t get
Most brick-and-mortar accountants work on the assumption that all businesses are the same unless they have specific accounting rules governing their sector, such as law offices. E-commerce may not be specifically governed by separate rules, but its international nature means that e-commerce entrepreneurs are subject to import and export rules for multiple countries.
Successful navigation of international rules not only avoids penalties but can also reduce your charges.
The benefits of e-commerce accountants
E-commerce entrepreneurs know full well how tech is a crucial and evermoving part of their business. E-commerce accountants know this too! We’re not going to stop at online accounting – we utilise every tool at our disposal and recommend appropriate tech to our clients.
Xero has plentiful apps in its marketplace, and we will be able to recommend which to use at which points in your growth. E-commerce accountants stay ahead of the curve with e-commerce technology so we can maximise your growth, not just complete your accounts.
We fit your schedule
E-commerce is a 24/7 industry, and you can run your business from anywhere in the world. It’s a freeing but full-on lifestyle to be an e-commerce entrepreneur, and we know that your schedule may not represent a 9 to 5.
As we mentioned above, e-commerce accountants are all about embracing technology, and that doesn’t stop at accounts. We encourage you to have meetings with your e-commerce accountant regularly (the more we know about your business, the more we can help!) and this is easily accomplished via a combination of video calls and instant messaging. We’re there at a time that works for you.
Most traditional accountants charge by the hour. This can be hard for e-commerce entrepreneurs to factor into their budget. Expenses for e-commerce stores fluctuate enough already, so we bill all our clients a fixed monthly rate that even includes a Xero subscription.
As Xero Gold Partners, we can move your existing accounts over to Xero whether they are in another accounting platform or just an Excel spreadsheet.
What are e-commerce accountants? The easiest and most affordable way for you to manage and scale your e-commerce business. We understand your business, its challenges and its needs. We can help you save time and money while growing from a tiny acorn to a mighty oak tree. If you’d like to discuss what we can do for your e-commerce business, get in touch with our team.
The best time to act is now.