What Kind of Ecommerce Seller are you?
Catching Clouds provides a complete outsourced ecommerce accounting service for your Amazon business.
You can sell your products around the clock and around the world.
You are the master of your business and have created your own online store on BigCommerce.
You might be doing all this alone or you may have some virtual assistants or employees.
You have full control of your ecommerce business. You’ve set up your online store on Shopify and are taking advantage of the cloud to sell your products 24/7 around the world.
You have decided not to put all your eggs in one basket, so you are selling products on multiple channels.
A Complete Ecommerce Accounting Department.
You run a successful, multi-faceted Ecommerce business. You’re handling everything from customer service to shipping, and although you have access to thorough financial analytics, you just don’t have the time to go through it all adequately. At Catching Clouds, we are eager to take those analytics, sift through them and streamline the information that leads to your next successful business decision. Take a look at how we do it.
ECOMMERCE ACCOUNTING SERVICES.
We provide a complete Ecommerce accounting department which includes all the accounting services, tools, and technology support you need to keep your accounting well-maintained and running smoothly.
- CONTROLLER AND BOOKKEEPING SERVICES
- COST OF CLOUD ACCOUNTING TOOLS
- SUPPORT FOR ALL CLOUD ACCOUNTING INTEGRATIONS
- SALES TAX MANAGEMENT
- PAYROLL SERVICES
- AND MORE…
Ecommerce Controller Services
Catching Clouds offers Ecommerce Controller Services to provide financial insight to business owners. Our services include unlimited phone and e-mail consultations with a seasoned professional so you can get the answers you need without having to worry about a ticking time clock jacking up your bill. Ecommerce Controller Services can be broad and encompass many different operational and consultative tasks. We customize a plan for you based on your unique business needs that includes such services as:
- Unlimited phone and e-mail consultations
- Oversight of Ecommerce Accounting Services
- Interpretation of financial results
- Cash flow projections
- Budgeting
- Forecasting
- Liaise with external CPA in gathering information for tax return preparation, compilations, reviews, or audits
- Liaise with business advisors or virtual CFO to support your long term planning
ECOMMERCE ACCOUNTING SERVICES
Catching Clouds offers Ecommerce Accounting Services (full-charge bookkeeping) to maintain the day-to-day operations of your accounting systems and record keeping.The goal of the Ecommerce Accountant is to properly record all income, expenses, assets, liabilities, and equity transactions for the customer’s business under the guidance of the Ecommerce Controller. We create a bookkeeping schedule to meet your company’s needs, including daily, weekly, monthly, and annual tasks.The following are examples of the ongoing cloud accounting services our bookkeepers typically provide:
- Unlimited phone and e-mail consultation
- Maintenance of day-to-day accounting systems and record keeping
- Processing of vendor bill payments
- Facilitation of time and expense reporting
- Processing and/or recording payroll transactions
- Maintenance of accounts receivable
- Recording of asset purchases and maintenance of fixed asset and book depreciation schedules
Ecommerce Business Process Optimization (EBPO) Services.
Catching Clouds provides strategic guidance and tactical plans to help business owners be successful.
- Ecommerce site strategy and implementation oversight
- Multi-channel selection
- Ecommerce supporting tool selection & process improvements
- Credit card merchant selection
- Sales tax strategy and process implementation
Catching Clouds provides the external guidance to successfully implement the technology and processes to manage and grow your Ecommerce business.
YES, SALES TAX IS A REALITY FOR ECOMMERCE BUSINESS
For those new to sales tax, I know what you’re thinking. You think you don’t have to worry about sales tax when you sell online. You’ve bought products on eBay or Amazon, and the sellers didn’t charge you sales tax, so obviously sales tax must not apply.
Despite what some people believe, any business that sells taxable products needs to collect sales tax in the jurisdictions where they have nexus. What is nexus? It is where your business has a significant presence (offices, employees, sales reps, and property (including inventory)). It doesn’t matter whether the business is online or brick and mortar. And it doesn’t matter if other people are following the rules or not. You should be aware that this is a liability issue for your business now.
A big challenge for an ecommerce business owner is managing sales tax compliance. Understanding collection requirements, configuring your shopping cart or marketplace, managing the sales tax collected, and filing the returns is a complex and time consuming process.
To make matters worse, for Amazon FBA (Fulfillment by Amazon) sellers, Amazon’s FBA service creates sales tax nexus for your business in the 22+ states where Amazon has warehouses. If you are an Amazon FBA seller and you’re making sales to customers in any of those locations, you should be registered, collecting, filing returns and remitting sales tax in each of those jurisdictions. That can be a pretty big compliance headache.
And what do you do if you haven’t been collecting properly? You know that you not only have to file but you might also have to pay back sales tax in multiple states and it’s too late to collect from your customers. You worry that this money will be coming out of your cash flow. We can help you understand your liability and put together a process to get compliant while minimizing penalties and interest.
Catching Clouds provides a complete sales tax management service for our ongoing monthly customers.
Sales Tax Services
We understand the complexities of sales tax compliance for online sellers as well as how to implement a manageable sales tax compliance process. Our cloud accounting service for Ecommerce business includes sales tax compliance across the United States.
Catching Clouds leverages cloud technology to connect to your marketplace, shopping cart, and inventory/order management systems to pull together all the information necessary to manage sales tax effectively. We also help configure all of your systems and implement processes for your business to follow to stay compliant.
Catching Clouds’ Ecommerce sales tax service makes it easy to budget for your sales tax compliance costs by providing a fixed price service, including special sales tax compliance bundles for Amazon FBA Sellers. Sales tax services Include:
- Sales Tax Analysis / Nexus Study (Partner)
- Sales Tax License Registration (Partner)
- Marketplace and Shopping Cart Sales Tax Configuration
- Filing and Remitting Sales Tax
- Sales Tax Management, including managing sales tax notices from the states
*Sales Tax isn’t a standalone service*
FREQUENTLY ASKED QUESTIONS.
We frequently hear questions around what’s included, tools we offer, pricing, and more. Lucky for you, we love answering questions and we have gathered the most commonly asked questions for you to easily find the answers you need. If your questions isn’t listed, click here to give us a shout.
Who will I work with and who has access to my books?
Our entire team consists of full-time US employees that work virtually from their homes. All employees have had background checks, and Catching Clouds has an actively monitored security policy.
You will be assigned an ecommerce accountant and controller who will work on your books and will get to know you and your business deeply. We do cross-train other accountants and/or controllers on your business so that our employees can go on vacation from time to time without disruption to the accounting for your business.
Do you offer training?
Funny you should ask. Demand has been so high for these services that we have decided to launch an online training series for ecommerce sellers and for accountants who want to help ecommerce sellers. Please click here for more information on Catching Clouds Academy.
What's included in the price?
We do our best to include pretty much everything you need to effectively run a modern accounting department: an ecommerce accountant to handle the daily work, an ecommerce controller to oversee the process and handle complex questions, and cloud accounting tools and ongoing support for those tools. Check out our services page for more information.
My books are a mess. Can you help?
Absolutely. Many of our customers began with books slightly (or massively) in disarray, and we have lots of experience setting up and cleaning up books.
However, keep in mind that we only provide cleanup and setup services to companies signed up for our ongoing monthly services. If you have a one-time cleanup project, reach out to us, and we may be able to refer you to another service.
I've seen other sites with pre-defined or three-priced package option. Do you offer that?
Nope. We treat our customers as the unique businesses they are. Don’t get me wrong, we love getting an easy price quote by checking on the website as much as the next guy, but unfortunately, the price for each customer really does depend.
