Hey, no judgement! I totally get it.
Bookkeeping/Accounting is NOT the funnest thing in the world to do.
Plus, it's super confusing...
And, you may have only started Amazon as a hobby, that quickly turned into a full blown business, right?
If you are at the point now where you KNOW you need to start getting your numbers in order, that's actually a really good thing!
It means you are running a business for yourself and having sales. Way to go!
Now, let us help you get caught up with your bookkeeping for the year so you can start the new year off right.
The Selling Family has partnered up with Vicki McCay to bring you this awesome new training course and spreadsheet (works with Excel and Google Drive) to help you QUICKLY and EASILY get your profit and loss numbers in order...
Even if you have an entire year worth of 'Catch Up' to do!
By the end of this course you will have an entire years worth of numbers that you can easily plug into your tax software of choice OR give to your CPA so they can know what's been going on in your new Amazon FBA business.
The focus of this course is to get your totals in order. We are not focusing on individual transactions.
That's why this is the perfect course for Amazon sellers who are in a time crunch or just don't want to be spending their time right now getting numbers in order.
I mean, who wants to be tied down to accounting numbers when there is sourcing to be done, am I right?!?
The important thing is that it GETS DONE! Those year end reports aren't going to do them self...And we are going to make it as easy and painless as possible for you.
Whether you do your own taxes or use a CPA, accurate figures are a MUST. We can help you come up with the right numbers so you can feel confident in your total Income, Selling Fees, Cost of Goods Sold and Ending Inventory figures.
The whole point of the Catch Up Accounting method we are showing you in this training is to get caught up with your 'books' as fast and easily as possible.
So, it's important to note that we are not going to bog you down with hours worth of videos and spreadsheet work that is going to take you weeks to complete!
Lesson 1 - Introduction to the course
Lesson 2 - Getting familiar with the custom spreadsheet so you can be ready to fill it in during the next lessons.
Lesson 3 - Finding and Importing your total sales, selling fees and sales tax
Lesson 4 - How to calculate your Cost of Goods Sold, whether you want to use Cash accounting or Accrual accounting
Lesson 5 - Inventory Reports so you have your beginning inventory, ending inventory, purchases and COGS numbers available
Lesson 6 - How to reconcile your bank deposits with the Amazon summaries
Lesson 7 - Understanding the 1099-k and what it means to you
Now is the time! You can join this course now and get immediate access to the videos and the spreadsheet so you can get to work right away.
Many students will be able to complete a years worth of bookkeeping in a weekend!
Disclaimer: Information provided in this course does not constitute tax or legal advice and must not be used as such. If you have tax or legal questions, please contact your professional adviser. This course is simply to demonstrate how to use this method of catching up on your bookkeeping, using our own experiences.
Let's go over some of the common questions we get about the catch up accounting course.
The goal with this course is to help you catch up with a lot of bookkeeping at once. We use a spreadsheet and Amazon reports to get it done.
There is no third party software being used or taught.
If you are interested in Quickbooks, we offer a different course for that :)
This course is being sold as a stand alone training that does not come with any one on one support.
Once you purchase the course, you will have the opportunity to pay for a one on one session with Vicki if you need further personal assistance.
If you have sold more than $600 on Amazon, the IRS considers this a business, not a hobby. So, whether you get a 1099-k from Amazon or not, you'll still be responsible for accurately reporting your Amazon income...So, yes!
This training comes with a 30 day no-questions asked guarantee. If you are not satisfied with the course just email us at firstname.lastname@example.org and we will issue you a refund.