Clearing Account | Why Your Ecommerce Accounting System Needs This

This video talks about clearing accounts - what they are and why you need them. You may already be familiar with the concept of a clearing account if you’ve used Undeposited Funds in QuickBooks. For ecommerce businesses, the concept is the same. If you have made sales with a shopping cart with the deposit in transit, you don’t want the individual transactions cluttering up your bank account. These transactions should live in their own clearing account for easier identification and reconciliation.

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🚀🚀 New to Acuity Ecommerce Accounting? Well, let me tell you a little bit about us. We’re here to make ecommerce businesses better.

Acuity Ecommerce Accounting was co-founded by Patti Scharf (CPA).

At Acuity, we specialize in providing accounting and online bookkeeping services tailor-made for ecommerce entrepreneurs. With a team of dedicated experts, we've become the trusted financial backbone for over 2,000 entrepreneurs.

We empower you to scale your business efficiently, make more informed business decisions, and free up valuable hours in your week.

To level up your ecommerce accounting, contact us here: https://acuity.co/ecommerce-accountin...

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We've been focused on ecommerce accounting since 2012. Now we've brought our knowledge and experience to YouTube to help share important ecommerce, accounting, and business information with everyone who's looking for it. Think that might be you? Then please subscribe!


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