Questions about Social Commerce Accountants
What is Social Commerce Accountants?
Social Commerce Accountants is an eCommerce accounting firm based in Sawbridgeworth, Essex, that helps brands and sellers on Amazon, Shopify, and TikTok Shop reconcile their records and fix books that do not add up.
What specific services does the firm provide?
The business offers three specific engagement types: Scoped clean-up to fix historical messes, Ongoing accounting to keep monthly books right, and Planning with Rory/RT Finance for fractional CFO support and stock modelling.
How can a new client get started?
Clients can start by booking a free 30-minute discovery call with founder Sam Hoye to discuss their current setup and the specific problem they need solving.
Where is the business located and how can it be contacted?
The firm operates from Unit D2 Office 2, Station Road, Sawbridgeworth, England, and can be reached directly at +44 7915 267069 or via contact@socialcommerceaccountants.com.
What makes their approach to accounting different?
A key feature of their process is following the evidence by tracing source records, reconciling settlements, and documenting adjustments rather than just picking a flattering number.
What factors does the firm consider when calculating profit?
The firm explicitly states that stock costs, VAT treatment, advertising, and overheads are required to calculate profit, noting that not all channels use the same settlement structure.
How does the reconciliation process work step by step?
The process involves three steps: finding the disconnect by mapping channels, doing the work by tracing evidence, and making the reports usable by explaining remaining issues.
Which technology integrations does the firm use?
The firm integrates with platforms like Xero and Synder, as demonstrated by a case study involving a client named Lewis Wilson from Bangtao Fightstore.
Who is the ideal client for this firm?
The firm serves businesses with revenue ranging from £1m to £20m, focusing on Shopify, Amazon, and TikTok Shop sellers.
What example does the firm use to explain its methodology?
The firm uses a synthetic example on its website to illustrate the difference between gross receipts, customer refunds, payment fees, and the final payout to reconcile.
Are all services included in the monthly accounting fee?
The firm states that historical clean-up and CFO support are not automatically included in monthly accounting, requiring separate agreements.
What core concept does the firm highlight about financial reporting?
The firm emphasizes that the number in a bank account is not the whole story, as sales, cash, and profit can tell three different stories.
What additional resources does the firm offer?
The firm's website includes a referral programme and a blog as part of its helpful links section.
What is the official website of Social Commerce Accountants?
The official website of Social Commerce Accountants is socialcommerceaccountants.com.
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An eCommerce accounting firm in the UK helping brands and sellers on Amazon, Shopify, TikTok Shop, and more.
- Phone
- +44 7915 267069
- Address
- Station Road, Unit D2 Office 2, Sawbridgeworth, Essex, CM21 9JX
- Categories
- Accounting