In my first full year I struggled to keep my inventory straight and accurate. I even outsourced my accounting and inventory management to someone "experienced" in this sort of thing.
Then why did I have to spend hundreds of dollars with my local accountant and my own time just to straighten out my COGS and related product sales?
What a nightmare.
Someone told me, or I heard on a podcast, about one retailer's trifecta ecommerce system that made ecommerce fun again.
It was the Shopify <--> Stitch Labs <--> ShipStation system. I already had two of the three. So I decided to try out Stitch.
And am I glad I did! I also ditched Quickbooks for Xero.
With Stitch, I added my Shopify and Amazon stores as a channel. I connected ShipStation and Xero.
Stitch is the hub of my ecommerce universe.
As orders come into Shopify and Amazon, they automatically flow into Stitch. I can quickly see what open orders I have at glance, inventory levels, and when it's time to reorder stock.
From there, the orders are pushed to both ShipStation for fulfillment and Xero for accounting purposes.
After I fulfill the orders in ShipStation, the information flows to Stitch which adds the tracking details to the order, closes it out, and notifies Shopify that the order has been fulfilled (I use ShipStation's notification to send tracking details to the customer).
At the end of the week (or month), I can jump into Xero and reconcile all my transactions. And at the end of every month, Stitch pushes over a manual journal entry with all the month end details on COGS, inventory purchases, stock adjustments, etc.
No more keeping track of inventory on a spreadsheet or running extra reports for my accountant.
Stitch has made my inventory management and purchases such a breeze that I actually enjoy ecommerce once again.
And the customer service via chat has been nothing short of outstanding, in my opinion.
Thank you Stitch Labs and all the Stitchers and Master Stitchers who helped me create my own ecommerce nirvana.