What is accounting for e-commerce businesses?
Accounting is a discipline that analyses the economic and financial situation of a given company or organisation.
Nowadays, all companies and organisations, whatever their size, activity or characteristics, must keep their accounts up to date. It is a legal requirement, but it is also a fundamental activity to know what the state of a given company is.
In the particular case of eCommerce, their accounting is not very different from that of any other business. They are bound to keep their accounts and present their annual accounts like any other type of company, and in accordance with the accounting plan of the country in which they operate.
