Financial Management for E-Commerce Business

Deliverables:

Sales tracking and categorization of all online transactions.

Inventory management: tracked the cost of goods sold (COGS) and ensured accurate inventory valuation.

Provided monthly financial reports, including P&L, to track profit margins and expenses.

Tools Used:

Xero for tracking sales and expenses.

Excel for custom inventory management and profit margin analysis.

Outcome:

The e-commerce business owner had accurate records, helping to monitor cash flow and profitability.

The ability to analyze profit margins allowed the business to make informed decisions about pricing and inventory.