If you are running an e-commerce business you face all the same issues as any other business – and more besides. Having an online business brings with it efficiencies that will help to save you time and money but equally there are challenges that traditional bricks and mortar businesses don’t face that you have to deal with. Marketing your store can be more time consuming for an online business, and any time saved by efficient in other area will most likely be swallowed up marketing. Unlike a store with a physical presence your online store will essentially be invisible without an e-commerce marketing strategy. And of course you have a far greater geographical reach and could therefore have to deal with the VAT implications of cross border transactions and potentially VAT registrations in other jurisdictions.
|+ VAT per month|
|Annual statutory accounts|| || || |
|Corporation tax return|| || || |
|Quarterly VAT returns|| || || |
|Payroll for up to 5 employees|| || || |
|Self-assessment returns|| || || |
|Email and telephone support|| || || |
|Registered office|| || || |
|Dividend documentation|| || || |
|Tax investigation service|| || || |
|Xero online accounting software|| || || |
|Xero training|| || || |
|Receipt Bank|| || || |
|Confirmation statement|| || || |
|Quarterly management reports|| |
|Quarterly dividend review|| |
|Monthly management reports|| |
|Monthly dividend review|| |
|Annual tax planning consultation|| |
Integrating your e-commerce platform with your accounting system is something that you should consider from the start and different e-commerce platforms integrate in different ways. If you have multiple sales channels (e.g. own website, Amazon, E-bay, Etsy) the accounting can become very complex.
We can help with many of the issues that you face, whether a start up or more established e-commerce business.
Our cloud accountancy packages have been created especially for an e-commerce business and include everything you need to take your business to the next level.
You can find more useful information on our dedicated E-commerce Accountants website
If you would like to discuss further how Elver Consultancy can help your business please call us now on 01942 725419 to arrange an initial free consultation or enquire online.