Bookkeeping for Amazon FBA Beginners: Bench Review Guide

Amazon FBA

If you’re new to selling products on Amazon through their FBA (Fulfillment by Amazon) program, you may find yourself overwhelmed by all the financial aspects of running your business. One crucial aspect that you’ll need to keep track of is your bookkeeping. Proper bookkeeping is essential for managing your finances, tracking sales and expenses, and ultimately, understanding the profitability of your Amazon FBA business. In this article, we will provide a beginner’s guide to bookkeeping for Amazon FBA sellers, specifically focusing on using Bench bookkeeping services. 1. Understand the Basics of Bookkeeping: Bookkeeping is the process of recording and organizing […]

Beginner’s Guide to Managing Amazon Seller Accounting and Bookkeeping for FBA

Amazon FBA

If you’re a beginner Amazon FBA seller, you may not realize the importance of proper accounting and bookkeeping practices. However, managing your finances is crucial to the success of your business. In this article, we’ll provide you with some tips on how to effectively manage your Amazon seller accounting and bookkeeping. 1. Separate business and personal expenses: It’s essential to keep your business and personal finances separate. This will make it easier to track your business expenses and income, and it will also make things much simpler come tax time. Open a separate business bank account and get a separate […]