Samza Bookkeeping

Excel enthusiast / serial entrepreneur / I run a full service bookkeeping business.

[Austin @austinsprops]

One of the more painful MLB 0-2 days I think I’ve had❌

Cole & Manaea had sooo many chances to cover here for us.

I’d run both again in a heartbeat.
-2u nonetheless day.

[Samza Bookkeeping @samzabooks]

Most small business owners don't realize how much a messy P&L is costing them — not in fees, but in bad decisions.

If you can't trust your numbers, you can't trust the decisions you're making from them.

That's the real reason to stay current on bookkeeping, not just tax time.

[Samza Bookkeeping @samzabooks]

That coffee run you paid for with your business card "just this once"?

It happens to everyone — but those little mix-ups add up.

Keep a small buffer in your business account for the occasional personal expense, and pay yourself back right away.

Your books will thank you.

[Samza Bookkeeping @samzabooks]

Here's something we tell every client:

Bookkeeping isn't just about staying compliant at tax time — it's about making good decisions all year long.

Should you hire? Can you afford that new equipment?

Clean books answer those questions before you even have to ask them.

[Samza Bookkeeping @samzabooks]

Bookkeeping tip: Don't wait until tax season to organize your receipts.

Set a recurring 15-minute date with yourself each week to log expenses and file receipts as you go.

Future-you will be so grateful.

Small consistent habits save you hours (and stress) later.

[Samza Bookkeeping @samzabooks]

@damianplayer n8n

[Samza Bookkeeping @samzabooks]

Yes, they're great to see product velocity, winning ASIN's, and keep track of COGS, and you shouldn't get rid of them.

But they're not bookkeeping platforms.

If you're doing more than $10K a month in gross sales, you will need more intensive financial management.

[Samza Bookkeeping @samzabooks]

Are you making sure you're accounting for all of the fees and adjustments related to Amazon in your bookkeeping?

Sellerboard/Sellerise and similar platforms miss some from time to time. Relying on these platforms for your P&L isn't 100% accurate.

[Samza Bookkeeping @samzabooks]

If you stay on top of your bookkeeping/accounting, you're way ahead of your competition.

[Samza Bookkeeping @samzabooks]

The demand for accounting and finance skills is still massive.

So many companies < $1MM skip bookkeeping altogether.

Lots of companies < $10MM have lousy bookkeeping.

And still too many in the $10MM - $50MM range barely tap into financial trends for insights and strategy.

[Samza Bookkeeping @samzabooks]

Scaling your business? There's no reason for you to do your own bookkeeping.

The ROI is minimal compared to the true drivers of growing an Amazon business (sourcing, inventory management, etc.).

[Samza Bookkeeping @samzabooks]

And no, IL and Sellerboard P&Ls are not good replacements for true financial reporting in a financial management system. Invest in your books!

[Samza Bookkeeping @samzabooks]

You need to dig into your numbers and make sure you’re actually making real profit.

A prep center is an expense.

You cannot count cash back into your buy cost.

How much does each unit cost to send into Amazon?

What returns do you have?

Look at the full picture.

[Samza Bookkeeping @samzabooks]

Did you know brands on Amazon can hit you with an IP complaint even if you sold out of the ASIN from that brand?

Best practice: if an ASIN sells out, and you don't have plans to replenish it, delete the ASIN/SKU.

Build that weekly schedule for your business!

[Samza Bookkeeping @samzabooks]

Breaking down those huge goals or projects into small, attackable tasks forces you to make progress, fail, and learn.

No better way.

[Samza Bookkeeping @samzabooks]

@makowskialex_ Volume

[Samza Bookkeeping @samzabooks]

@yassin_baum Script

[Pete @peternelson]

Random thoughts on credit and leverage.

You see a ton of people trying to scale Amazon very quickly.

They want to catch up to the bars posted on social media.

That's dumb.

You should not use leverage when you are just starting your Amazon business.

Use the CC (to earn the cash back and show that you are credit worthy) but you should have cash to back it.

You should also have a funnel of cash that is not related to Amazon.

Rover, turo, flipping items on facebook marketplace, etc.

This will allow you to see exponential return on your money over time and even out your cash flow.

Leverage is an amplifier of skill.

If you do not know what you are doing you may set yourself back in a tremendous way.

Resist the urge to play catch up to the shit you see on social media.

You have to recognize the people that are throwing up 20k day prime days have been doing this for a year or many years.

Additionally, working with limited resources will force you to learn the in's and out's of FBM, then FBA, etc.

Be patient.

You need to earn the right to use credit.

[Samza Bookkeeping @samzabooks]

Yes, they're great to see product velocity, winning ASIN's, and keep track of COGS, and you shouldn't get rid of them.

But they're not bookkeeping platforms.

If you're doing more than $10K a month in gross sales, you will need more intensive financial management.

[Samza Bookkeeping @samzabooks]

Are you making sure you're accounting for all of the fees and adjustments related to Amazon in your bookkeeping?

Sellerboard/Sellerise and similar platforms miss some from time to time. Relying on these platforms for your P&L isn't 100% accurate.