ExpensesPosts and articles about ExpensesBlogAli ShahDoes Your Shopify Store Need Automated Expense Reports?Traditionally, expense reports could only be generated by people with a specific skill set. But now there are various other options, such as mobile apps and web...BlogLauren Strapagiel6 Most Common E-Commerce Expenses (+ How to Reduce Them)The old adage goes: it costs money to make money. And if you run an e-commerce store you know how true that is. Keeping expenses down is important for any busi...CommunityHow do I use an Excel spreadsheet for tracking income & expenses?Hi everyone, I want to track my small business expenses in Excel. Looking for pointers on how to do it. Thanks. CommunityHow do you lower advertising costs in e-commerce?I advertise on Facebook, Instagram, and Pinterest, and I found that my marketing expenses have gone so high that it takes up almost half of my store's revenue. ...CommunityWhat is a good OPEX for an Amazon store?I want to make sure that my idea of how much operating expenses should be is as realistic as possible. I want to keep my costs as low as possible, but we need t...CommunityWhat expenses should be included in COGS?Good afternoon guys. I don't really understand the differences between some expenses and the cost of goods sold. Help? CommunityHow do I keep track of business income and expenses?What would you say is the easiest way to keep track of the business income and expenses?CommunitySales revenue: What is the breakeven point?Is there a way to calculate it? If so, what's the formula? Also, what would happen if the sales revenue falls?CommunityCan you calculate the breakeven point without fixed costs?What happens if I don't have a price per unit? Can I still calculate the BEP?CommunityHow do you calculate the breakeven point in Excel?I want to plot the BEP in excel. What is the formula for calculating it?CommunityHow do you analyze financial projections?I've looked up how to calculate the cost projection of my business, but now I need to understand how to read it to get the most out of it. Is there anyone her...CommunityWhat is the formula of cost of goods sold?Hi, I want to calculate COGS but I don't know how. Can someone please explain the formula to me, and give me an example?CommunityIs the cost of goods sold the same as expenses?What does COGS entail and how does it differ from the other expenses?BlogBrody HallKeeping Track of Your E-Commerce Business ExpensesFor a business to stay competitive, the importance of tracking finances cannot be overstated. By keeping track of key financial indicators such as revenue, expe...BlogAlice Bassett Mistakes to Avoid When Calculating Profit for Your Shopify Store in 2022How you track and calculate profit can make or break your Shopify store. The problem is it’s so easy to make mistakes, making your profit calculation inaccurate...CommunityIs Shopify expensive?Hi, I'm looking for a cost-effective platform to start dropshipping. So far, I like Shopify the best. I just need to find out from you guys: Do you consider S...CommunityHow do you do cash flow projections?How many months should a cash flow projection generally be for? I want to do a 6 moth cash flow projection, but I do need some help with how to do it. Any hel...CommunityWhat is free cash flow mean in business finance?What does free cash flow indicate, why is it important, and what is considered to be a good free cash flow?CommunityWhat is an example of amortization?What does it mean to amorize your cash flow?CommunityCost of Sales vs. expenses: What's the difference?How do you differentiate and categorize the different expenses that come with a business?CommunityCan you recommend a program to import sales figures from my Shopify store?I have a very small budget for my business and I don't have the capacity for an accountant to keep track of all of my income and expenses. My business would ben...
