Tax Compliance, Business Performance Analysis, Budgeting and Planning, Estimated Sales Velocity, and Risk Management are just some of the reasons why Accounting is crucial for any Amazon seller.

Ryan Hurley, the founder and lead developer of SellAnalytics, a software that helps Amazon sellers manage their accounting and inventory, teaches us the importance of accurate accounting, the limitations of existing tools such as A2X and QuickBooks, and how Sell Analytics offers a comprehensive solution for Amazon sellers.

Episode Notes:

00:39 - Ryan Hurley Introduction

03:56 - First Product Sold

04:11 - Solving Accounting Problems

05:14 - Tying Inventory into Cashflow

06:47 - Inventory value on QuickBooks

07:18 - What Do You Need To Know Before Filing

07:56 - Trial Balance

09:31 - QuickBooks vs Spreadsheets

10:01 - Why Bypass QuickBooks

14:01 - Learning How to Operate an Accounting Firm

15:21 - Building Other Sales Channels

15:59 - Learning How Much to Reinvest in the Business

Website: https://sellanalytix.com/

LinkedIn: linkedin.com/in/ryan-d-hurley

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