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)


Episode Artwork
1.0x
0% played 00:00 00:00
Feb 17 2025 23 mins   1

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/

Become a smarter online seller in just 7 minutes
Our free newsletter is your shortcut to ecommerce success. Every Tuesday and Thursday in your inbox. 100% free. Unsubscribe anytime. Sign up at https://newsletter.ecommercecoffeebreak.com

Rate, Review & Follow
Enjoying this episode? Help others like you by rating and reviewing my show on Apple Podcasts. Rate here: https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422

Follow the podcast to catch all the bonus episodes I am adding. Do not miss out. Hit that follow button now!