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🚀 December Update: Shopify accounting with Vencru integration

Accounting Integration for Shopify

We’re thrilled to announce a game-changing upgrade for all our fellow entrepreneurs. Vencru, your trusted partner in business management, has taken a giant leap forward by integrating seamlessly with Shopify, one of the world’s leading e-commerce platforms. This integration is set to transform how you handle your online store’s finances, making your life as a […]

Chart of Accounts for e-commerce businesses: Detailed guide

retail chart of accounts

Accounting for an online business can be challenging, especially for a global business. Thus, it is important to have a structured framework for organizing all financial transactions. This makes it easier to categorize and record various income and expenses associated with e-commerce accounting. That’s where the Chart of Accounts for e-commerce businesses comes in. In […]

Guide to Restaurant Chart of Accounts (with sample PDF)

retail chart of accounts

Running a restaurant involves juggling numerous financial transactions, from managing inventory to tracking expenses and revenue. Restaurateurs need an organized financial framework to maintain control and make informed decisions. That’s where a Restaurant Chart of Accounts comes in. In this guide, we explain the Restaurant Chart of Accounts, delve into its crucial components, and show […]

The 5 Best POS and Accounting Software [2023 Edition]

Best POS and Accounting software

As a retailer or wholesaler, having an efficient Point of Sale (POS) and accounting software is not just an advantage—they’re necessary. The right tools can streamline sales transactions, manage finances, and provide valuable insights into your business operations. Whether you’re a small business owner, an entrepreneur, or running a growing enterprise, choosing the right POS […]

10 ways to maximize sales during Black Friday and Cyber Monday

Black friday sales tips

Black Friday and Cyber Monday have become synonymous with a shopping frenzy, offering consumers discounts and deals on an unmatched scale at any other time of the year. Originating in the United States, Black Friday is the day after Thanksgiving, marking the unofficial beginning of the holiday shopping season. Cyber Monday follows shortly after, focused […]

Pharmacy software: What features are required?

What is pharmacy software? Pharmacy software is a specialized system designed to manage the operations of a pharmacy. It integrates various functions critical to pharmacy business processes, streamlining workflows and ensuring operations run efficiently. Top 14 features every pharmacy management software should have For a small pharmacy, management software should be tailored to handle core […]

How to Setup Your Shopify Store: A Step-by-Step Guide

How to setup a Shopify store

Starting an online store is exciting, and Shopify makes it easier to turn your e-commerce dream into reality. With its user-friendly interface and powerful features, Shopify has become a go-to platform for entrepreneurs. We will guide you through setting up your Shopify store, from choosing a plan to starting your online business. Why Choose Shopify […]

What Is Inventory in Accounting and How Is It Calculated?

inventory accounting detailed guide

Inventory is the lifeblood of a business, crucial not just in operations but also in financial accounting. But what exactly does inventory mean in accounting terms, and how is it recorded? This blog aims to serve as a comprehensive guide to understanding inventory in accounting. In this article, we will cover how to classify inventory […]

What is Invoice Factoring, and is it right for my business?

What is Invoice Factoring, and is it right for my business?

Managing cash flow can be a constant challenge for a small business owner. You might be in a financial bind while juggling expenses and waiting for clients to pay their invoices. This is where invoice factoring can come to your rescue. In this guide, we will explore the world of invoice factoring, shedding light on […]

20 Accounting Terms Every Retailer and Wholesaler Should Know

Accounting is the language of business, and understanding its terminology is essential for retailers and wholesalers alike. Whether you are managing your finances in-house or working with an accountant, these 50 accounting terms will empower you to make informed financial decisions and maintain a healthy bottom line.  This comprehensive guide will define each term and […]