9 Bookkeep-Shopify Accounting Features to Be Thankful For

The holiday season is here, and we’re making a list of accounting features worth celebrating — no need to check it twice. If you’re using Shopify, managing your finances can feel like a full-time job. That’s where Bookkeep comes in, automating tedious tasks so you can focus on growing your business.

Here’s a checklist of the top Bookkeep-Shopify features that simplify accounting, save time, and keep the headaches away.

1. Daily Revenue Recognition by Sale or Fulfillment Date

Tired of reconciling sales at the end of the month? Bookkeep lets you recognize revenue daily by either the sale date or fulfillment date. This flexibility ensures your books match your business operations.

2. Segment Revenue by POS Location or Sales Channel

Understanding your revenue streams is crucial for smart decision-making. With Bookkeep, you can segment revenue by POS location or sales channel, giving you a clear picture of where your profits come from.

3. Automatic Daily Entries to Your Accounting System

Bookkeeping is faster with automated daily entries sent directly to your accounting system. Whether you’re using Stripe, PayPal, or ShopPay, Bookkeep tracks and records payment channels automatically — no manual effort needed.

4. Deposit Reconciliation with Full Accounting

Wave goodbye to mismatched deposits. Bookkeep reconciles your deposits daily and accounts for every detail — fees, adjustments, taxes withheld, taxes received, Global-e fees, and duties added or removed.

5. Direct Integration to Avalara for Sales Tax Filing

Dealing with sales tax is no small task, especially in the U.S. With direct integration to Avalara, Bookkeep handles automated sales tax filing and payment, keeping you compliant with less effort.

6. Shopify Managed Markets for International Sales

Selling internationally? Bookkeep supports Shopify Managed Markets, simplifying global transactions and currency handling so you can expand your reach without worrying about financial complexities.

7. Enhanced Reporting for Multiple Shopify Channels

Manage multiple Shopify stores or sales channels like Facebook, Instagram, or TikTok with ease. Bookkeep’s enhanced reporting tools bring all your data into one place, helping you track performance and plan for growth.

8. Fulfilled Refund Recognition

Refunds can wreak havoc on your books if not recorded correctly. Bookkeep automatically recognizes refunds only when they’re fulfilled, keeping your financials accurate.

9. Shopify Payout Splitting

Handling Shopify payouts just got easier — especially for multi-location businesses. Bookkeep splits payouts into detailed transactions by store or channel for better visibility into where your money goes, breaking down fees, taxes, and more.

A Final Word of Thanks

Shopify accounting doesn’t have to be a holiday hassle. Our features work quietly in the background to clean up your books, prevent errors, and save you time. This season, be thankful for tools that let you focus on what you do best — growing your business.

Want to simplify your Shopify accounting? Let Bookkeep do the heavy lifting. Book a demo today.

The post 9 Bookkeep-Shopify Accounting Features to Be Thankful For appeared first on Bookkeep.

Share:

More Posts

Enterprise forensics: Why scalable solutions matter

Organizations in the private sector face significant complexity when performing enterprise forensics investigations, whether it’s in support of incident response, internal investigation, or litigation/eDiscovery. The volume of data, the sheer

FCC Grants SpaceX SCS Authority

On November 26, 2024, the Space Bureau released an Order and Authorization granting in part and deferring in part, with conditions, several applications from Space Exploration Holdings, LLC (“SpaceX”), including