Ecommerce accounting horror stories with LedgerGurus

In this seven-episode series, expert ecommerce accountants and bookkeepers reveal the financial horror stories they’ve encountered with ecommerce business owners over the years.

In this video, Kamilie Billingsley of LedgerGurus recalls an absolute horror story. After a new CFO started at a $35 million clothing company, they were keen to review the books. However, the company’s accountant was insecure about their work, and rather than hand over the information, they deleted three years of financials. And it doesn’t stop there. Once LedgerGurus came on board to help the company, they discovered the original accounting had misfiled the 2020 taxes by $1 million!

Let us know what you learned in the comments below!

Check out the blog post and read more stories here: https://a2xaccounting.com/blog/near-ecommerce-failures/

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A2X is a world-class software company which automates accurate ecommerce accounting for thousands of ecommerce businesses worldwide. Whether you’re selling on Shopify, Amazon, BigCommerce, eBay, Etsy, or Walmart, A2X will give you confidence your financials are accurate and the insights you need to run your ecommerce business efficiently.

A2X has been built to exacting standards of leading ecommerce accountants. A2X is ideal for accounting firms and bookkeepers and is also available for ecommerce businesses to subscribe directly.

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