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How Pocket Does Bookkeeping

  • How to calculate COGS %
  • What is the difference between Inventory Asset vs COGS?
  • How are accrual basis accounting books converted to cash basis books?
  • Pocket and QuickBooks Online (QBO) Integration
  • What is a Platform Fee rule?
  • How does Pocket record inventory?
  • I see Shopify Receivables and/or Amazon Receivables accounts in my Chart of Accounts. What are those accounts for?
  • How does Pocket reconcile Shopify/Amazon payouts with recorded sales?
  • My Amazon/Shopify Receivables balance looks high. What could be driving that?
  • How do costs that I book to Inventory Asset impact my COGS?
  • Fixed Assets Depreciation: What Method Does Pocket Use to Depreciate Fixed Assets Such As Computers
  • Q: How do you determine the COGS percentage for a business with variable product costs and multiple sales channels?
  • How does Pocket record COGS?
  • What is the difference between Pocket’s accounting service and accounting service from an accounting agency?
  • Does Pocket complete monthly reconciliations?
  • Recommendations for Customers Experiencing Frequent Bank Disconnections
  • How does Pocket retrieve data from Shopify/Amazon and recognize sales?
  • Why are you requesting my bank statement?
  • How does Pocket handle non-traditional digital banks such as QBO bank account?
  • I’ve connected my bank account to Pocket. Doesn’t the Pocket team have access to my bank?
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  • How Pocket Does Bookkeeping
  • Inventory & COGS
  • Accounting Basics & Book keeping
  • Scope of Service
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