Overview

Pet Supply Mafia LLC is a vibrant and growing e-commerce brand specializing in premium pet products. With consistent sales volume and inventory movement, they needed structured, reliable, and accurate financial tracking. Since early 2023, we’ve provided ongoing monthly bookkeeping services to support financial clarity, informed decision-making, and tax compliance.

Scope of Work

• QuickBooks Setup & Optimization

  • Customized chart of accounts specific to the pet product industry.

  • Integrated e-commerce platforms with QuickBooks Online.

• Monthly Bookkeeping Services

  • Recorded and categorized all income and expenses.

  • Reconciled multiple bank and credit card accounts monthly.

  • Tracked inventory-related expenses and cost of goods sold (COGS).

  • Maintained accurate records of merchant fees and third-party sales channels (e.g., Shopify, PayPal, Square).

• Financial Reporting

  • Delivered monthly financial reports:

    • Profit & Loss

    • Balance Sheet

    • Cash Flow Statement

  • Highlighted trends, cost analysis, and suggested areas for optimization.

• Year-End Support

  • Prepared full financials for CPA for tax filing.

  • Generated 1099 reports and year-end summaries.

Tools & Integrations

• QuickBooks Online (QBO)

• Google Drive / Shared Folder for invoices and receipts

Impact

✅ Monthly books always up-to-date and audit-ready
✅ Improved cost control through accurate COGS tracking
✅ Reliable financials provided for investor and tax purposes
✅ Saved the client dozens of hours annually in admin work