Scott Scharf is the Co-founder and Chief e-Commerce Geek at Catching Clouds, an accounting firm for e-commerce companies. Catching Clouds specializes in helping multi-channel e-commerce sellers grow their businesses by providing current, accurate, and actionable financial information.

With over 30 years of experience in IT, Scott has provided consulting and solutions to a variety of companies ranging from global organizations to small businesses. He is an expert in unified communications and collaboration, IT security, and cloud accounting technologies.

In this episode…

For any type of business, there are many disadvantages to a lack of good accounting records. For example, while your business may be growing and making sales every month, you may struggle to receive credit if your finances are not in order.

This is especially true for e-commerce businesses. For a number of years, banks have been reluctant to offer lines of credit to e-commerce sellers. However, as the e-commerce sector continues to grow in 2021 and beyond, these practices are changing—as long as you have good and accurate financial records. So, what are some tried-and-true strategies for improving your e-commerce accounting in the new year?

Scott Scharf, the Co-founder of Catching Clouds, joins host James Thomson in this episode of the Buy Box Experts podcast to talk about the importance of accurate accounting for e-commerce brands. Scott discusses FBA versus FBM orders from an accounting perspective, the need for proper e-commerce accounting systems, and how the COVID-19 pandemic has created new opportunities for Amazon business owners. Stay tuned.