Understanding where app installs come from is essential for any Shopify app business that wants to make disciplined marketing, product, and partnership decisions. The Shopify Partner Dashboard gives app developers and agencies visibility into install activity, including information that can help identify the sources driving merchants to install an app. Used correctly, this data can […]...

Ending inventory is the value of goods a business still has available for sale at the end of an accounting period. It matters because it affects cost of goods sold, gross profit, taxable income, and the accuracy of financial statements. To calculate it, an accountant must know the cost of inventory available for sale, the […]...

The Internal Revenue Code (IRC) does not treat every business activity the same way. A payment received for performing labor, a fee for licensing software, and proceeds from selling equipment may all be revenue to a business, but they can fall into different tax categories. Understanding how the IRC distinguishes services from assets is essential […]...