How do you keep track of profit and loss?
Asked 4 years ago
I feel like I'm floating in an ocean with no land in sight. Are there any proven methods you can recommend for tracking the profit and loss of my online business?
Geovanni Buckley
Thursday, February 10, 2022
For an online business, the best way to track profit and loss is by using online accounting software like Xero, Quickbooks, Wave, and Freshbooks. They have integrations that connect automatically to stores making accounting easier by tracking expenses and income.
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