Free Templates Streamline Monthend Accounting

Free Templates Streamline Monthend Accounting

This paper introduces a set of financial report templates with pre-set formulas, covering various types of income and expenditure accounting. It aims to address the issue of low efficiency in month-end financial accounting. The solution can automatically calculate, summarize data, and generate visual charts, improving the accuracy of financial decision-making. However, it is for learning and communication purposes only and commercial use is prohibited.

Amazon Sellers Optimize Profits Through Cost Accounting

Amazon Sellers Optimize Profits Through Cost Accounting

Amazon sellers often struggle with cost accounting. This article delves into the cost structure of Amazon businesses, comparing mainstream accounting methods like FIFO and weighted average to reveal the difficulties in cost accounting. It introduces the solution provided by Lingxing ERP, helping sellers achieve automated and accurate cost accounting, eliminate unclear accounts, and precisely calculate profits. This enables sellers to gain a clear understanding of their financial performance and make informed business decisions based on accurate cost data.

01/06/2026 Warehousing
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Amazon Sellers Guide to Accurate Accounting for Profitability

Amazon Sellers Guide to Accurate Accounting for Profitability

This article provides a detailed explanation of how to calculate Amazon store profits, covering platform revenue, product costs, and other expenses. It offers clear steps and considerations to help sellers eliminate confusion about profit margins and understand their store's profitability. The article also suggests using ERP systems to improve efficiency in profit tracking and management. By mastering these techniques, sellers can gain better control over their finances and optimize their Amazon business for increased profitability.

Crossborder Tong Executives Fined for 150M Accounting Fraud

Crossborder Tong Executives Fined for 150M Accounting Fraud

The Shenzhen Stock Exchange publicly condemned Global Top E-Commerce (Cross-border Tong) for financial fraud. Its subsidiary, Globalegrow, overstated profits by 1.5 billion RMB, resulting in penalties for multiple executives. The company's performance has declined, highlighting compliance management as a lifeline for the industry. This incident underscores the accelerating shake-up in the cross-border e-commerce sector, where those who adhere to regulations will ultimately prevail. Compliance is now paramount for survival and success in this evolving market.

Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow's founder, Xu Jiadong, is under investigation, reportedly due to economic disputes with the company's actual controller, Yang Jianxin. This has drawn attention from suppliers, some of whom claim Globalegrow owes them money and have encountered unclear accounting practices. The investigation is ongoing, and further developments are awaited. The situation highlights potential financial challenges within the cross-border e-commerce company and raises concerns about its relationships with its suppliers and internal financial management.

Bsplink Modernizes Aviation Financial Settlements

Bsplink Modernizes Aviation Financial Settlements

BSPlink is IATA's web platform designed to optimize financial settlement between travel agencies and airlines. It enhances efficiency, reduces costs, and ensures data security through features like automated processing and unified settlement. This system streamlines the reconciliation process, making it faster and more accurate. By automating key functions, BSPlink helps to minimize errors and improve overall financial management within the aviation industry. It provides a secure and reliable environment for managing transactions and accessing critical financial information.

Inventory Daily Closing The Key to Ensuring Accurate Warehouse Management for Enterprises

Inventory Daily Closing The Key to Ensuring Accurate Warehouse Management for Enterprises

Daily inventory accounting is a crucial activity for businesses, summarizing and reconciling stock at the end of each day. It not only ensures data accuracy amid complex supply chains but also improves management efficiency through technological advancements. This helps companies control operational costs and meet financial and audit requirements. Depending on the nature of different businesses, the frequency of inventory management should be flexibly determined to achieve optimal management results.

11/30/-0001 Warehousing
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IATA Launches Global Clearing House for Airline Settlements

IATA Launches Global Clearing House for Airline Settlements

IATA Clearing House exchange rates are the authoritative standard for interline settlement among airlines, comprising FDR, MMR, and CDR rates. They aim to reduce exchange rate risks, simplify settlement processes, and improve operational efficiency. The annual subscription provides PDF and TXT format files for easy system integration, making it a smart choice for airline financial settlement. This ensures accurate and efficient interline billing and revenue accounting across the global airline network.

Swazilands Currency and Financial Tools Explained

Swazilands Currency and Financial Tools Explained

Understanding the exchange rate of the Swazi Lilangeni (SZL) and its related financial instruments is the first step in visiting Swaziland. This article provides a detailed overview of the Lilangeni's exchange rate structure, currency usage, and conversion tools to facilitate your transactions and investments.