If Someone Gave You Free Money , With No Catch... Would You Take It?

That is exactly what we do! On average, our clients increase their profit margins 1.50% by month one or two... so if your revenue is $100,000 a month... that's $18,000 MORE a year in Profit! (yes... you read that right!)

Foundered by Sellers for Sellers

Get better clarity into your biggest expense that put you in control of your Landed Unit Costs.

Your biggest expense, and most often overlooked, is your Cost of Goods Sold. With SellerVue, you have everything your business needs to stay organized all in one central place.

We work with all eCommerce platforms

Trusted by growing online companies

Your Path To Profitability Starts
With Productivity. 

Tracking and keeping up to date with your growing landed costs isn't easy nor exciting. But getting it wrong can hurt your bottomline. 

We are professional number crunchers and we are here to help you take the guesswork out of Cost of Good Sold.

Say goodbye to your cost-keeping headaches! 

"One of the best benefits of SellerVue is, is taking my unwieldy spreadsheet full of errors and sometimes an utter disorganised mess of invoices shattered through my google drive and inbox. And, organising everything in one place. 

I no longer have to guess my landed costs as they are always ready to review."

- Tom Phillips

What is the purpose of
Ecommerce Cost Accounting? 

Cost accounting can give your business detailed insight into how your money is being spent. With this information, you can better budget for the future, reduce inefficiencies and increase profitability.

“Having a single location for invoices, and product unit costs that my bookkeeper can just go get has kept everyone on the same page effortlessly.”

- Kendra Greene

“Having SellerVue work with my accounting team has been amazing. We've been able to increase my SDE by an extra $18k

- Kelly Palm

“I no longer have to wonder what my margins are, they're always readily available. ”

- Tom Phillips

We don't have to dig through a spreadsheets to figure out our landed unit costs.”

- Murphy O'Neil

SellerVue turned a tedious process to a simple one, we are way more efficient with our numbers.”

- Tim Connor

“Everyone's on the same page. Many of our people are not very spreadsheet savvy, so having SellerVue remove that obstacle is a godsend.”

- Irene Fields

“Love it! Their process makes sense. Every cost has been accounted for, and my margins are accurate, which makes pricing decisions easy.”

- Rachel Bernard

What is the purpose of Ecommerce Cost Accounting? 

Cost accounting can give your business detailed insight into how your money is being spent. With this information, you can better budget for the future, reduce inefficiencies and increase profitability.

What is the main difference between cost accounting and financial accounting?

Financial accounting is governed by regulators and must comply with the generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS). Cost accounting, however, doesn’t have to abide by these regulations since its used internally. 

Ecommerce Cost Accounting: What It Is And When To Use It?

As a ecommerce seller, you need to have a firm understanding of your cost of goods sold. 

Why? Because this information is key to determine whether you’re making a profit and how profitable a product actually is. This is where ecommerce cost accounting comes in. 

Ecommerce cost accounting revolves around the costs associated with getting and selling your products. In other words, it’s a way to understand the exact Cost Per Unit (CPU) from factory floor to your warehouse floor, and associated Cost of Goods Sold to your customers door.

The Benefits of Cost Accounting

There are many reasons why cost accounting is so important for businesses, especially in ecommerce. Perhaps most importantly, it allows you to make informed decisions about pricing and where to cut costs. 

It also provides valuable insights into where your money is going and can help you identify areas of wasted spending. Additionally, cost accounting can give you a competitive edge by helping you understand your margins and find ways to increase them. Finally, by better understanding your costs, you can make more accurate predictions about cash flow and future profitability.

As you can see, there are many reasons why cost accounting is such an important tool for ecommerce businesses. If you’re not already using this method in your business, now is the time to start!

What Is Ecommerce Cost Accounting?

Ecommerce Cost accounting is a type of managerial accounting that focuses on the Cost of Goods Sold. It assigns per unit costs to products. Through cost accounting, you can further understand where your business is spending its money, how much it earns and where you might be losing money. 

Ecommerce Sellers should use cost accounting internally to improve your business’s profitability and efficiency.

What Are The Elements of Ecommerce Cost Accounting

Accounting is a necessary evil for any business—especially ecommerce businesses. Understanding the different elements of ecommerce cost accounting can help you better manage your finances and make sound decisions about how to use the money you make from your online store.

There are a few key elements of cost accounting, listed below.

Factory Costs
These are costs related to the production or manufacturing of the final/end product.

Inbound Costs
These are costs related to the receiving the final/end product. Essentially these are all the cost described above less the factory costs with the the actual shipping of the product representing the largest expense in the Inbound Cost category.

Selling Costs
These are costs related to the product to the customer.

Ecommerce Cost Accounting vs. Financial Accounting

Ecommerce cost accounting is a type of financial tracking system that helps you keep track of all your Cost of Goods Sold. It’s specifically intended for sellers who have multiple products available on their website and need to track the associated Cost Per Unit. By using cost accounting software, you can gather information about all your landed product costs—and use this data to make better decisions about how to grow your business in the most profitable way possible.

Financial accounting is an important part of any business. Unlike cost accounting, which is designed to help business owners make decisions about how to run their business within the company, financial accounting is designed to help shareholders, lenders, regulators and other parties who don’t have access to your internal information. It takes a business’s financials and presents them in a way that showcases how it’s doing in terms of assets, liabilities and shareholders’ equity. It also provides investors with the information they need to make informed decisions about investing in or loaning money to your company.

Does SellerVue Replace My Current Bookkeeping or Accountant?

At SellerVue, we understand how important it is to optimize your cost of goods sold. That’s why we don’t replace your current accountant or bookkeeper—we work with them so that you get the most out of every penny spent on your inventory and selling fees. 

Our team has decades of experience in analyzing and understanding what goes into a successful cost optimization plan for sellers.

Our approach starts by getting to know each client individually, so we can understand their unique needs and goals when it comes to their cost optimization strategy. From there, our team works with clients to identify areas where they can save money while still maintaining quality standards. We also provide advice on how best to manage your cost of goods sold and keep track of expenses related to purchasing materials and supplies for production. 

Finally, we work with clients on an ongoing basis to ensure that their cost optimization plan remains effective over time as their business grows and changes.

We believe in creating long-term relationships with our clients. We also understand that businesses can have different needs at different stages in their life cycle, which is why we offer tailored solutions depending on where our clients are in their journey towards success.

How our cost accounting services work...

Picture this: You’ve been working hard on your business, but it seems like you never have enough time to get everything done. You’re constantly switching between tasks and struggling to stay on top of everything. One of the most important tasks that you find yourself neglecting is managing your cost of goods sold - ie; what's actually costing you to sell a product - which can be a huge source of stress.

However, keeping up to date and accurate is essential if you want to spend more time growing your business and less time worrying about what's in the bank.

Read on to learn more about the benefits of our cost accounting service and what we can do for your business.

Specializing in Ecommerce Cost Accounting.

We specialize in providing cost accounting services to sellers on Amazon, Shopify, Ebay, Etsy, or Walmart. If that sounds like you and your business model then you are our customer! Our team of experienced bookkeepers understand the unique challenges faced by online sellers because they have worked with them before.

Keeping it Simple. Powered by Process.

We believe in helping you develop a systemized approach for improving profit margins. Having a process in place helps you understand what needs to be done, and when it needs to be done. It also helps ensure accuracy and consistency, which is critical for any business owner. A strong process can help reduce stress, wasted time and money, and mistakes along the way.

Fast and Efficient Service.

Service is the cornerstone of our customer service approach. Our team will go above and beyond to ensure that customers get the help they need promptly and efficiently. We’re committed to providing fast response times, so we use a variety of methods to respond quickly to customer inquiries, such as live chat, phone support and email support.

We also proactively monitor client accounts, ensuring that customers are always the information they need to make informed and profitable decisions. In addition to our proactive approach, we also provide detailed reports every month, quarter and year so clients can can rest easy that they're as profitable as they can be.

A Method That Gives You Real Results

On average, our clients increase their profit margins 1.50% by month one or two... so if your revenue is $100,000 a month... that's $18,000 MORE a year in Profit! 

(yes... you read that right!)
That's cash back in your pocket. Keep more of what you earn and invest in growth or buy something fancy... it's your money... you should decide.

MORE KIND WORDS FROM AWESOME HAPPY CLIENTS

If cash could talk, it would totally vouch for us. Until then,
you'll have to listen to these guys...

“We can know exactly what our Cost of Goods Sold/Revenue Rate is and what needs to be done and when. We're way more profit efficient.”

- Roger Lavine

“We have more time to build our business and less time in spreadsheet hell.”

- Andrew Frank

“We have more time to build our business and less time in spreadsheet hell.”

- Andrew Frank

“They added an extra 10k for my Seller Discretionary Earnings.”

- Matt Berg

“Before SellerVue, I'd wait until the anxiety was too much and then I would work on getting my invoices and product costs up to date. It use to take me days. Now with SellerVue, It's always ready. I'm making quicker and more profitable decisions (without the anxiety).”

- Rachel Smith

“The best thing is that I'm no longer getting emails from my Accountant and Bookkeeper asking me to up date my product unit costs. They can literally just go get it themselves. Now that is a win!”

- Morgan Rey

Get Started Today

We help ecommerce business keep more of what the earn.

If you're selling products online, you need to know exactly what each product costs to sell. Failing to have an accurate Landed Product Unit Cost will affect EVERY PROFIT METRIC and ultimately leave you with false data. Tracking product costs isn't easy - especially as you grow and getting it wrong can hurt your bottomline. That's why we built SellerVue.

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Have a tremendously profitable day.

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