E-commerce Accounting: Complete Three-Edition Set

1. What the books are trying to explain
2. Debits credits and the general ledger
3. Cash accruals and the timing of a sale
4. Reading the financial statements
5. Designing accounts that stay useful
6. Connecting documents systems and bank activity
7. Opening balances and changing systems
8. Controls for a small accounting team
9. Sales discounts and delivery
10. Reconciling processors reserves and payouts
11. Refunds chargebacks and customer disputes
12. Marketplaces and dropshipping
13. Purchasing inventory and calculating landed cost
14. Cost of goods sold and product margins
15. Warehouses counts and stock differences
16. Damaged obsolete and slow moving inventory
17. Downloads licenses and hosted access
18. Subscription schedules renewals and cancellations
19. Bundles pricing and changing contracts
20. Commissions software and other investment costs
21. Closing the month
22. Reconciliations and correcting errors
23. Cash flow working capital and financing
24. Channel profitability and owner dashboards
25. Sales tax across states and sales channels
26. Income taxes and the bridge from books to tax
27. Imports exports and foreign currencies
28. Selling internationally from a US business
29. Principal agent and merchant of record
30. Returns gift cards loyalty and warranties
31. Multiple entities and group reporting
32. Closing Harbor and Lumen
33. Appendix A Working templates
34. Appendix B Exercise answers
35. Appendix C Glossary
36. Appendix D Sources and further reading
37. Appendix E Topic finder

Assume the owner contributes $20,000 as capital on October 1. The contribution is not a loan and has no repayment obligation.

The bank asset rises by $20,000 and equity rises by $20,000. Nothing appears as sales revenue. The entry balances because it records both sides of the event.

Harbor receives a $20,000 owner contribution, a $5,000 loan, and $1,200 from a customer for next month's service. Classify each receipt and calculate the total increase in assets, liabilities, and equity. Assume no service has been provided.

1. Accounting, VAT, and the rules that apply to you
2. Debits, credits, and the general ledger
3. Accruals, customer advances, and VAT timing
4. Financial statements and profit versus cash
5. Accounts, VAT codes, and reporting dimensions
6. Connecting documents, systems, and bank activity
7. Opening balances and changing systems
8. Controls for a small accounting team
9. Sales, discounts, and delivery
10. Reconciling processors, reserves, and payouts
11. Refunds, chargebacks, and customer disputes
12. Marketplaces, deemed suppliers, and dropshipping
13. Purchasing inventory and calculating landed cost
14. Cost of goods sold and product margins
15. Warehouses, counts, and stock differences
16. Net realisable value and inventory recoveries
17. Downloads, licences, and hosted access
18. Subscriptions, renewals, and cancellations
19. Bundles, pricing, and changing contracts
20. Contract costs, development, and website investment
21. Closing the month
22. Reconciliations and correcting errors
23. Cash flow, working capital, and financing
24. Channel profitability and owner dashboards
25. VAT in the everyday books
26. Selling to consumers across the EU
27. Imports, customs, and foreign currencies
28. National rules, income tax, and the reporting calendar
29. Principal, agent, and merchant of record
30. Returns, vouchers, loyalty, and warranties
31. Multiple entities and group reporting
32. Closing Harbor and Lumen
33. Appendix A Working templates
34. Appendix B Exercise answers
35. Appendix C Glossary
36. Appendix D Sources and further reading
37. Appendix E Topic finder

Assume the €20,000 is a genuine capital contribution, with no repayment obligation:

Assets and equity rise together. No revenue is created. If the owner instead lends €20,000 under an enforceable loan arrangement, the credit would be assessed as a liability under the actual facts. The owner's label is relevant evidence but does not replace the agreement.

The business receives €20,000 capital, a €5,000 loan, and a €1,200 customer advance for next month's service. Ignore VAT in this classification exercise. Calculate changes in assets, liabilities, and equity.

1. Accounting, VAT, and the rules that apply to you
2. Debits, credits, and the general ledger
3. Accruals, customer advances, and VAT timing
4. Financial statements and profit versus cash
5. Accounts, VAT codes, and reporting dimensions
6. Connecting documents, systems, and bank activity
7. Opening balances and changing systems
8. Controls for a small accounting team
9. Sales, discounts, and delivery
10. Reconciling processors, reserves, and payouts
11. Refunds, chargebacks, and customer disputes
12. Marketplaces, deemed suppliers, and dropshipping
13. Purchasing inventory and calculating landed cost
14. Cost of goods sold and product margins
15. Warehouses, counts, and stock differences
16. Net realisable value and inventory recoveries
17. Downloads, licences, and hosted access
18. Subscriptions, renewals, and cancellations
19. Bundles, pricing, and changing contracts
20. Contract costs, development, and website investment
21. Closing the month
22. Reconciliations and correcting errors
23. Cash flow, working capital, and financing
24. Channel profitability and owner dashboards
25. VAT in the everyday books
26. Overseas customers, marketplaces, and Northern Ireland
27. Imports, postponed VAT, and foreign currencies
28. UK business taxes, filings, and Making Tax Digital
29. Principal, agent, and merchant of record
30. Returns, vouchers, loyalty, and warranties
31. Multiple entities and group reporting
32. Closing Harbor and Lumen
33. Appendix A Working templates
34. Appendix B Exercise answers
35. Appendix C Glossary
36. Appendix D Sources and further reading
37. Appendix E Topic finder

Assume the £20,000 is a genuine capital contribution, with no repayment obligation:

Assets and equity rise together. No revenue is created. If the owner instead lends £20,000 under an enforceable loan arrangement, the credit would be assessed as a liability under the actual facts. The owner's label is relevant evidence but does not replace the agreement.

The business receives £20,000 capital, a £5,000 loan, and a £1,200 customer advance for next month's service. Ignore VAT in this classification exercise. Calculate changes in assets, liabilities, and equity.