An outsourced accountant can assist with inventory management by analyzing inventory costs and turnover rates; implementing and managing accounting systems that track inventory movement, costs, and valuation; and making year-end adjustments for inventory shrinkage, obsolescence, or other inventory-related matters. They can also provide important monthly, quarterly, and annual inventory reports to help with business planning. When it comes to Sales Tax Compliance, an outsourced accountant can help with determining the appropriate sales tax rates for products in different jurisdictions. They can also prepare and file sales tax returns and ensure timely payment of collected taxes. If under audit, an outsourced accountant can provide all essential documentation. Additionally, an outsourced accountant will remain up-to-date on any changes to sales tax laws and will keep you informed about any new requirements.  By outsourcing these responsibilities with an experienced ecommerce outsourced accounting team like Plumb, businesses can ensure accuracy, compliance, and focus on their core operations.