Accounting for Amazon & eCommerce Sellers | Lil Roberts | Ep. 101

Xendoo CEO and Founder Lil Roberts is going to share some general Amazon accounting best practices. She will talk about Accounting for Amazon & eCommerce Sellers and share about how to leverage technology to increase the productivity of traditional methods by 500%. Join the Beard Nation at https://www.facebook.com/groups/lunchwithnorm .

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Timestamps
0:00 Intro
2:45 Welcome Lil Roberts
5:50 Ecom Tax and Accounting Tips
8:40 The importance of having an LLC Report
14:20 Organizing Tax, Bookkeeping and Accounting
19:08 What is the proper bookkeeping and accounting
26:14 The difference between eCommerce and Traditional Accounting
36:45 Keeping a personal credit card from business credit card

More about Lil...

Lillian Roberts is a serial entrepreneur with a passion for small business. After a successful exit from the manufacturing industry, Lillian serves as CEO and Founder of Xendoo, a cloud-based fintech company based in Fort Lauderdale.

Xendoo specializes in online accounting and leverages technology to increase the productivity of traditional methods by 500%.
Recent Xendoo accolades include 1st place grant for Village Capital’s Finance Forward, 2019 finalist for Revolution’s Rise of the Rest, and 2018 Startup Showcase finalist for eMerge Americas.

A lifelong learner, she fosters a professional working environment where
people have the opportunity to continuously grow and develop.

About Lunch with Norm
Lunch With Norm is your resource for everything from amazon, to e-commerce, to digital marketing, to social media, all in the form of a Livestream podcast. Our aim is to arm the small business owner with the latest tools and advice from the experts that are making waves in the online space. Tune in to our Facebook page each week to have your questions answered live and on air. We want our listeners to walk away from each episode with actionable advice, you won’t get rich quick, but you will be able to take what you learn from this show and immediately apply it to your own business. Learn. Take action. Maximize your Business.

Who is the Beard Guy?
Norman Farrar is a serial entrepreneur who provides online marketing and managed eCommerce solutions for brands. He has worked with Fortune 500 companies such as Coca-Cola, Mercedes-Benz and 20th Century Fox. Since the early 1990s, Norman has focused on helping entrepreneurs optimize their operations and unlock their business’s potential.

When Norm isn’t traveling the world speaking at some of the largest e-commerce events or mentoring amazon sellers, he focuses his time on his four businesses. As if he wasn’t busy enough, Norm also hosts a weekly Live Show on Facebook and YouTube where he shares his thoughts on Amazon and E-Commerce with other Industry experts.

Norm’s new podcast I Know This Guy…. is now available for listeners. Norm hosts an interview podcast with compelling people from all walks of life, everyone has a story that the world needs to hear.

If you have any questions, feel free to post them in the comments.​
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Come back every Monday, Wednesday, and Friday at 12:00 pm for a regular scheduled "Lunch with Norm" where Norm sits down with Industry experts!​

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#AccountingforAmazon #EcommerceSellers #LillianRoberts