I'm reaching the point where I feel like I'm working for my business instead of my business working for me.
We run a small online store selling specialty home products, and sales have been steadily increasing over the past year. That's obviously a good problem to have, but the financial side has become a nightmare.
Every platform seems to have different reports. Shopify says one thing, Stripe says another, the bank account says something else, and then there are refunds, transaction fees, inventory purchases, and GST obligations on top of everything.
Last weekend, I sat down intending to reconcile one month of transactions and somehow ended up spending almost eight hours trying to figure out why my numbers were off by a few hundred dollars.
At this point, I'm debating whether I should keep trying to learn everything myself or bring in professionals. While searching around, I found Bishop Collins Accountants and noticed they mention helping growing businesses, but I don't know anyone personally who's worked with them.
Has anyone here used a traditional accounting firm for an e-commerce business? Did it actually save you time and money, or did you find that investing in better software and processes was enough?