COE & COE

Challenge

Their large inventory required meticulous management. Inadequate product tagging caused inaccurate balances and COGS calculations.

Huge Transactions

They sold across platforms like Shopify, Amazon, Etsy, and wholesale. Sales needed precise classification and reporting to reflect profitability and manage operations.

Solution

Standardized inventory processes and reclassified all products.

Tagged inventory appropriately for proper financial reflection.

Segregated inventory types and ensured accurate reporting.

Booked sales by channels for better insights and analysis.

Mapped channel-based costs to derive profitability.

Leveraged financial models to streamline decisions and improve profitability.

Results

Prompt and accurate reflection of business activities. Enhanced bookkeeping quality and reliable financial data.