• Shopify Accounting For Your E-commerce Business — Jason Richelson | Why Accounting Is More Than Shopify Numbers, How Bad Accounting Kills Value, What Makes Multi-channel Tricky, How Reconciliation Saves Revenue, Why Automation Matters Past $1M (#373)

  • Feb 17 2025
  • Length: 23 mins
  • Podcast

Shopify Accounting For Your E-commerce Business — Jason Richelson | Why Accounting Is More Than Shopify Numbers, How Bad Accounting Kills Value, What Makes Multi-channel Tricky, How Reconciliation Saves Revenue, Why Automation Matters Past $1M (#373)

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  • Summary

  • Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/
    ---

    In this episode of the Ecommerce Coffee Break Podcast, we explore the often-overlooked complexity of accounting in growing eCommerce businesses.

    Our guest, Jason Richelson—CEO and co-founder of Bookkeep.com—brings 20+ years of experience in payments, business automation, and accounting systems. He shares expert insights on keeping financials accurate and managing multi-channel accounting challenges.

    Topics discussed in this episode:

    • Why proper accounting goes beyond Shopify dashboard numbers.
    • How poor accounting can sink your business sale price.
    • What makes multi-channel accounting so complex.
    • Why treating deposits as pure income is dangerous.
    • How daily reconciliation prevents lost revenue.
    • What makes U.S. sales tax a nightmare for sellers.
    • How Facebook's sales tax differs from Shopify's.
    • Why automation matters above $1M in revenue.
    • What the future of eCommerce accounting looks like.
    • How to automate accounting.


    Links & Resources

    Website: https://www.bookkeep.com/
    Shopify App Store: https://apps.shopify.com/bookkeep-com-daily-summary-e-commerce
    LinkedIn: https://www.linkedin.com/company/bookkeepcom
    X/Twitter: https://x.com/bookkeepcom

    Get access to more free resources by visiting the show notes at
    https://tinyurl.com/ywkb2eht


    MORE RESOURCES

    Download the Ecommerce Conversion Handbook for store optimization tips at https://tinyurl.com/CRO-ebook

    Best Apps to Grow Your eCommerce Store: https://ecommercecoffeebreak.com/best-shopify-marketing-tools-recommendations/

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