Samza Bookkeeping (@samzabooks) 's Twitter Profile
Samza Bookkeeping

@samzabooks

Excel enthusiast / serial entrepreneur / I run a full service bookkeeping business.

ID: 3183458676

linkhttp://samzabookkeeping.com calendar_today03-05-2015 01:35:59

1,1K Tweet

356 Followers

612 Following

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

Breaking down those huge goals or projects into small, attackable tasks forces you to make progress, fail, and learn. No better way.

Dave (@daveflips_) 's Twitter Profile Photo

if you wanna quit your job and do Amazon full-time, please make sure your numbers, your ACTUAL numbers, how much profit is hitting your bank account every month, is healthy. so many sellers have good profits on sellerboard but that is only profit on items you sold. what about

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

I'm a firm believer in accrual accounting instead of cash accounting for Amazon sellers. There is a significant difference when it comes to COGS, as well as sales recognition as Amazon loves to hold your funds for a bit before they hit your account.

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

You shouldn't only be focusing on your bookkeeping during tax time or monthly reviews of your transactions. Cash flow will suffer, accuracy will be fumbled, and you will grow to absolutely DESPISE your own books if you let it constantly pile up. This only leads to more issues.

Pete (@petesflips) 's Twitter Profile Photo

Random thoughts on credit and leverage. You see a ton of people trying to scale Amazon very quickly. They want to catch up to the bars posted on social media. That's dumb. You should not use leverage when you are just starting your Amazon business. Use the CC (to earn

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

Breaking down those huge goals or projects into small, attackable tasks forces you to make progress, fail, and learn. No better way.

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

Did you know brands on Amazon can hit you with an IP complaint even if you sold out of the ASIN from that brand? Best practice: if an ASIN sells out, and you don't have plans to replenish it, delete the ASIN/SKU. Build that weekly schedule for your business!

Samza Bookkeeping (@samzabooks) 's Twitter Profile Photo

Scaling your business? There's no reason for you to do your own bookkeeping. The ROI is minimal compared to the true drivers of growing an Amazon business (sourcing, inventory management, etc.).