Problems for Amazon Selling books and accounting

Hey guys, I’m an accountant mainly working with e-commerce businesses, recently i met with client who is amazon seller, he was so upset due to his business cashflow. He wasn’t able to maintain his books and had no clue how he always run out of cash in his business neither had idea about exact P/L of his business.

Purpose of making this post to know more about problems that amazon sellers are facing in maintaining their business financial reports and books at the end of the accounting period.

Share your prblems regarding your business finances and books. I’m planning to write comprehensive guide based on my accounting and bookkeeping experience which will definitely help amazon or other e-commerce businesses owners to deal with those issues in future. Trying to add some value in this community. Thanks