How Pocket Does Bookkeeping
- How to calculate COGS %
- How does Pocket record inventory?
- My Amazon/Shopify Receivables balance looks high. What could be driving that?
- What is the difference between Inventory Asset vs COGS?
- Pocket and QuickBooks Online (QBO) Integration
- Fixed Assets Depreciation: What Method Does Pocket Use to Depreciate Fixed Assets Such As Computers
- How are accrual basis accounting books converted to cash basis books?
- How does Pocket reconcile Shopify/Amazon payouts with recorded sales?
- I have a Line of Credit - do I connect that account in the bank connections?
- What is a Platform Fee rule?
- How does Pocket handle non-traditional digital banks such as QBO bank account?
- How do costs that I book to Inventory Asset impact my COGS?
- I see Shopify Receivables and/or Amazon Receivables accounts in my Chart of Accounts. What are those accounts for?
- How does Pocket record COGS?
- How does Pocket retrieve data from Shopify/Amazon and recognize sales?
- What is the difference between Pocket’s accounting service and accounting service from an accounting agency?
- Do I still need to hire a bookkeeper after I sign up with Pocket?
- I’ve connected my bank account to Pocket. Doesn’t the Pocket team have access to my bank?
- Does Pocket complete monthly reconciliations?
- Does Pocket do accrual-based accounting or cash-based accounting?