Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile
Michael Pignatelli, CPA

@ecomfinanceguy

eCom + CPG Accountant @ Firm Five, the #1 bookkeeper for inventory businesses.

ID: 1861013336

linkhttp://firmfive.com calendar_today13-09-2013 15:59:13

2,2K Tweet

531 Followers

390 Following

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

One of the most important tasks for any ecommerce entrepreneur is accurately forecasting revenue and COGS (Cost of Goods Sold). Why? Because it helps you understand where your business stands financially and gives you a roadmap for future growth.

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

90% of new client calls are accounting and tax emergencies. - The IRS just sent me a letter. - We have 3 interested parties in acquiring our brand, and we need the past 2 years numbers done yesterday. - I need to raise money to get to the next level but haven't done any

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Not seeing the numbers you want? Stop obsessing over website design, ads or branding. The real growth hack is product market fit. Dig into consumer feedback. Get out there and give samples, gain insight. Test and adjust. Rinse and repeat.

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Understanding Sales Tax for Ecommerce Businesses: A Deep Dive 🧡 Pull up a chair. Whether you're selling on Amazon or run your own online store, this one's for you. πŸ‘‡πŸ‘‡πŸ‘‡ {Bookmark this one}

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Amazon sellers using Quickbooks Online, we built Unloop Connect with you in mind. In the early days and can't afford a bookkeeper? Our app can turn your accounting on autopilot. As you grow, our team's here to help. 100% accurate bookkeeping shouldn't be just for the rich.

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Have you checked out Unloop Connect? Our app automates eCommerce revenue & COGS accounting, seamlessly integrating Amazon to QuickBooks Online. No manual work required. It's now live on the Intuit app store. More integrations coming in 2024!

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Running an Amazon business and wondering if hiring a bookkeeper is worth it? In less than 1 minute, I'll tell you exactly what a bookkeeper can do for you, so you can determine whether it's worth spending the money. πŸ‘‡πŸ‘‡πŸ‘‡

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Do your books or don’t. But never half ass them. I run a bookkeeping firm for ecommerce businesses and we get so many calls this time of year to go back and clean up a bookkeeping mess. I always ask, did somebody try and do the bookkeeping for the year? And they're like, yeah,

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

What's a Sales Tax Nexus? If you have a physical presence like an office or warehouse, you're 'on the hook' for collecting sales tax. Understanding this is key for any online seller.

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

What products are taxable? It varies, but usually tangible goods are. Some states have exemptions like for food or medicine. Know your products' tax categories!

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Accounting in 60 seconds! Here are the 3 essential financial statements EVERY business owner should know. πŸ‘‡πŸ‘‡πŸ‘‡ {BOOKMARK THIS ONE}

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Amazon sellers, wouldn't it be nice to have a free personal bookkeeping assistant? Introducing Unloop Connect – your hassle-free solution to managing Amazon finances. Sign up for FREE today and let us handle the numbers while you focus on growing your business πŸ‘‡

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

People I have a ton of respect for: Anybody who mastered their craft You know they spent 10 years in the trenches, working on something super niche Now, these people can charge whatever they want, work wherever they want and usually love what they do They don't brag, but are

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Has this ever worked for anybody, ever? "I trust this device, prompt me for 2FA less often" I still check that box, despite it never doing anything

Michael Pignatelli, CPA (@ecomfinanceguy) 's Twitter Profile Photo

Inventory accounting is really hard. That's why my accounting firm specializes in it. Putting in work today to set up COGS and inventory management properly will bless your P&L for life