31 docs tagged with "Shopify"

Bookkeep automates accounting for Shopify Managed Markets orders, handling sales, fees, and tax reconciliation

When a Shopify refund is issued via Shopify Payments, the refunded amount initially appears as pending (for up to two business days), and Bookkeep automatically updates the corresponding journal entry once the refund is fully processed and confirmed.

When merchants use Shopify Managed Markets, Bookkeep automates the accounting of duties by capturing duties collected from customers under the "Duty" subcategory in the ecommerce (sales) journal entry and recording duties withheld by Shopify under "Duty" or "customs duty" in the deposit journal entry—providing accuracy, efficiency, and a clear audit trail.

Bookkeep automates Shopify revenue recognition based on actual fulfillment, ensuring your books reflect only what's truly earned — while reversing or correcting when that changes.

Bookkeep handles Shopify order edits to ensure accurate reporting and accounting

Learn How Bookkeep Captures and Records Shopify Restocking Fees in Your Accounting

Learn how to approve collaborator access for Bookkeep in Shopify to allow reporting access

Learn how to manually book Shopify sales and deposits into QuickBooks for accurate accounting.

Walkthrough of how to get Shopify accounting automation up and running with Bookkeep.

Key Information for Using Shopify to Sell on Facebook or Instagram

Explores the limitations of the Shopify Cost of Goods Sold automation

Learn how to post Shopify sales, discounts, and returns by product category in Bookkeep

Explore the Complexity of Shop Cash Buried in the Shopify Payouts

Learn about the daily accounting automation offered by Bookkeep including sales, payouts, processing fees, and COGS

Handling Shopify payouts to multiple bank accounts and accounting for these deposits correctly

Bookkeep segments Shopify sales channels and apps for better accounting visibility

Explains how using unsupported carriers in Shopify Managed Markets affects tax and duty responsibilities

How Bookkeep captures payouts for Markets Pro orders in Shopify

Bookkeep lets you configure separate Chart of Accounts mappings per bank account, ensuring that each payout is posted to the correct account in your accounting platform

How Bookkeep posts Shopify Deposits or Payouts to your accounting platform

How Bookkeep uses Shopify Product Types (Categories)

How Bookkeep Tracks Sales Tax Withheld by Specific Channels

Bookkeep offers financial data files for each Shopify Ecommerce journal entry

How Bookkeep handles complex accounting with Shopify deferred revenue and fulfillment-based revenue recognition

How to post discounts by product or discount categories and subcategories in Shopify journal entries

How Bookkeep enables you to post Shopify gross sales and refunds by Product Type or Item Name

Bookkeep captures all gift cards issued through orders – both fully paid and discounted – ensuring your books reflect the true balance of gift card liabilities.

This article explores how Bookkeep handles these discrepancies and the benefits this brings to your financial operations.

How Bookkeep enhances Shopify accounting automation by creating detailed journal entries that clearly outline sales tax withheld and sales tax collected amounts

Learn how Bookkeep automates Shopify payouts with adjustments for easier accounting and reconciliation

Accounts Receivable or Missing Payments?