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QuickBooks

Calculating and Reporting Year-End Inventory

What Is Your “Year-End Inventory Value”? This is the total dollar value of all products in your warehouses as of the end of your fiscal year. We adjust your inventory account in QuickBooks to ensure the balance in your warehouse matches the balance in QuickBooks. Why Do We Do This? We do not have direct…

What Is Bookkeeping? A Step-by-Step Guide to Bookkeeping

Confused about what bookkeeping is and what exactly it entails? You’re not alone. Every year, hundreds of entrepreneurs come to us with little to no knowledge of bookkeeping—and that doesn’t make them any less intelligent or capable of running a business.  So don’t feel stupid for asking questions like, “What is bookkeeping?” and “Should I…

A Guide to Amazon Seller Bookkeeping

At CapForge, we’ve seen our fair share of deer-in-the-headlights Amazon sellers who have no idea where to start when it comes to bookkeeping. If this is you, you’ve come to the right place. Our guide will cover all the basics, from defining bookkeeping to finding the best Amazon FBA accounting software. But first, a little…