Accrual Accounting
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Get Your E‑Commerce Accounting Straight With Fractional CFO Services

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Accrual Accounting Difference for Your Business

Our GAAP-compliant accrual accounting method provides precise insights into your e-commerce business. This ensures accurate financial reporting and supports informed decision-making for sustainable growth.
Catalog
Inventory
Purchasing
Orders
Shipping
Maximize profit
Gain granular insights into your product catalog's financial performance with our accrual accounting method.
Go data-driven
Calculate each SKU profitability, empowering smarter product and pricing decisions
Stay GAAP-compliant
Ensure accurate financial reporting by aligning catalog data with GAAP-compliant accrual accounting principles.
Be in control
Optimize inventory with real-time tracking of stock levels, valuation, and cost of goods sold.
Predict the future
Minimize stockouts and overstocks by using accrual accounting to forecast demand and prepare accordingly.
Enhance financial visibility
Regain control over inventory-related expenses, facilitating cost-effective inventory management strategies.
Work with the best
Improve vendor management and procurement processes with accrual accounting analysis of purchasing data.
Leverage the data
See cost-saving opportunities and negotiate favorable terms with suppliers based on accurate cost analysis.
Improve purchasing
Streamline purchasing workflows and minimize procurement risks by aligning purchasing decisions.
Monitor revenue
Analyze profitability at the order level, enabling proactive decision-making to optimize sales performance.
Crack the code
Identify trends and patterns in order to enhance sales strategies and improve customer engagement.
Improve reporting
Ensure accurate financial reporting by reconciling sales orders with accrual-based revenue recognition principles.
Cut costs
Control shipping costs and optimize logistics operations with accrual accounting analysis of shipping expenses.
Optimize logistics
Evaluate carrier performance and negotiate favorable shipping rates based on data-driven insights.
Master supply chains
Consult our logistics expert to improve the way you manage demand/supply planning and inventory management
Accrual Accounting
Compatibility
Testimonials
Pricing
Our Story
How It Works
Contact Us

Tailored to Your Needs, Committed to Your Growth

Whatever your e-commerce tech stack is, you will be able to consistently achieve growth targets using our financial insights.
E-commerce marketplace
Amazon Seller Central
Amazon Vendor Central
eBay
Shopify
Walmart
Wayfair
Target
Lowe’s
Menards
HomeDepot
Accounting platforms
QuickBooks Online
Quickbooks Desktop
Oracle NetSuite
Xero
Sage
Xendoo
Yardi Breeze
Accounting connectors
A2X
ConnectBooks
Custom Accounting Integration
Inventory management platforms
Fishbowl Inventory
SellerCloud
Cin7

Expertly Built

The expertise of our team is tested by both our clients and certification centers
100% Job Success
Top Rated Plus
bookkeeping exam
quickbooks certified proadvisor badge
quickbooks advanced certified proadvisor badge

Trusted by Best

See what our clients and partners have to say about our team and services.

A highly professional team that seamlessly manages full-cycle accounting services on Oracle NetSuite.
Their meticulous attention to every detail and consistently professional communication set them apart.

firstime.com

We smoothly transitioned from cash-method accounting to GAAP accrual basis, significantly improving our insight into business operations through detailed financial statements.
Thank you for your hard work!

opportuniteas.com

Kudos to Michael and his team for their remarkable attention to detail in supporting us with our clients through Finaloop.com.
We highly value their clear communication and dedication.

www.greenhouse.business

A highly professional team that seamlessly manages full-cycle accounting services on Oracle NetSuite.
Their meticulous attention to every detail and consistently professional communication set them apart.

firstime.com

We smoothly transitioned from cash-method accounting to GAAP accrual basis, significantly improving our insight into business operations through detailed financial statements.
Thank you for your hard work!

opportuniteas.com

Kudos to Michael and his team for their remarkable attention to detail in supporting us with our clients through Finaloop.com.
We highly value their clear communication and dedication.

www.greenhouse.business

Our Accounting Services

We offer off-the-shelf packages to meet common client needs,
but can also design a custom solution for your business, while still sticking to our usual hourly rates.
$40/hour
Easy start
Books Audit & Clean Up

We will help you regain control of your company's finances and build a robust accounting system

Book Free Consultation & Order

Audit and cleanse historical ecommerce data for accurate financial reporting.

Reconcile ecommerce sales and expense records for consistency and accuracy.

Identify and rectify discrepancies in ecommerce transaction records.

Organize and standardize ecommerce financial documentation for clarity and compliance.

Optimize ecommerce charts of accounts for efficient tracking and analysis.

Consolidate duplicate entries and streamline ecommerce financial records.

Ensure ecommerce accounting practices adhere to industry regulations and standards.

Provide comprehensive cleanup services to enhance the reliability of ecommerce financial data.

Train ecommerce teams on best practices for maintaining clean and accurate accounting records.

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$45/hour
Full support
Management & Support

Acting as a outsourcing accounting agency, we will provide a comprehensive support for your busuiness

Book Free Consultation & Order

Comprehensive ecommerce bookkeeping to track sales, expenses, and profits accurately.

Financial statements customized for ecommerce, including income statements and balance sheets.

Tax planning and compliance services designed for ecommerce transactions and sales tax obligations.

Inventory solutions to optimize stock levels, minimize holding costs, and prevent stockouts

Cash flow management strategies tailored for ecommerce businesses to ensure liquidity and sustainable growth.

Cost analysis and pricing strategies to maximize profitability in competitive online marketplaces.

Payment gateway setup for accurate recording of online transactions across multiple platforms.

Fraud detection and prevention measures to safeguard your businesses from online fraud.

Financial analysis and forecasting to provide insights into future revenue trends and opportunities for expansion.

Expert guidance on ecommerce accounting software selection, implementation, and optimization for efficient financial management.

Organize and standardize ecommerce financial documentation for clarity and compliance.

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We can also help you with
$40/hour
E-commerce Supply Chain Audit

Supply chain can’t be separated from accounting.
Our supply chain audit and consulting will help reduce costs and streamline your operations, ensuring seamless fulfillment and customer satisfaction.

Our Journey to Revolutionize E-commerce Bookkeeping

Learn how we had to build the best e-commerce accounting service there is.
Vlad Korniyenko portraitMichael Kumov portrait
Michael Kumov & Vlad Korniyenko
TMA Founders

Our story begins with a passion for accuracy and a keen eye for detail. Frustrated by the prevalence of outdated bookkeeping practices reliant on journal entries and cash basis accounting, we recognized a pressing need for a different approach, especially in the dynamic realm of e-commerce.

E-commerce ventures thrive on precision and understanding, yet traditional bookkeeping methods often fall short, unable to capture the intricate nuances of online retail. Recognizing this gap, we set out on a mission to redefine bookkeeping for e-commerce entrepreneurs.

Driven by a commitment to empower business owners with the most crucial and detailed financial insights, we embarked on a journey to implement GAAP-compliant accrual accounting. This approach enables us to provide a comprehensive understanding of profitability for each SKU and other vital financial aspects.

Our goal is simple yet profound: to equip business owners with the accurate and detailed information they need to make informed decisions at every level of their operation. By embracing innovation and prioritizing accuracy, we're not just reimagining bookkeeping; we're revolutionizing it for the e-commerce era.

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How It Works

Simple 8-step roadmap for your journey to accrual accounting.
Initial Consultation

  • Schedule a consultation with our team to discuss your accounting situation and requirements.

  • During this session, we'll assess your specific needs and tailor our services to meet your business goals.

Assessment and Planning

  • After understanding your requirements, we'll conduct a thorough assessment of your current financial situation.

  • Based on this assessment, we'll develop a customized plan outlining the steps needed to onboard your e-commerce business onto our accounting system.

Data Collection

  • You'll provide us with access to your financial records, including sales, expenses, inventory, and other relevant data.

  • Our team will assist you in organizing and standardizing this data to ensure accuracy and compliance with industry regulations.

Implementing Accrual Accounting

  • We'll implement GAAP-compliant accrual accounting for your e-commerce operations.

  • This involves aligning your financial reporting with accrual-based principles to provide precise insights into your business's financial performance.

Integration

  • We'll also integrate our accounting platform with your existing e-commerce platforms, such as Amazon Seller Central, eBay, Shopify, etc., for seamless data transfer.

Testing and Review

  • We'll conduct thorough testing to ensure everything is working smoothly.

  • You'll have the opportunity to review the data and reports generated to verify accuracy and provide feedback.

Finalization and Go-Live

  • Once testing is complete and any necessary adjustments are made, we'll finalize the onboarding process.

  • You'll officially transition to our accounting system, and we'll provide ongoing support to ensure a smooth transition and continued success.

Continuous Support

  • Our team is available to provide ongoing support and assistance as you navigate our accounting system.

  • We'll also offer periodic reviews and consultations to ensure that our services continue to meet your evolving needs and goals.

Request Your Free Consultation

Book a free call today to get 1-on-1 advice on optimizing your e‑commerce finances
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