Best Shopify Accounting Apps for 2024

Sync Payouts into QuickBooks Online for Simplified Accounting

Streamline your accounting processes by seamlessly connecting your Shopify store with QuickBooks. With this integration, you can automate the tracking of your payouts, ensuring accurate and efficient record-keeping. By splitting your payouts into sales receipts, refund receipts, and expenses, you can easily monitor your sales, refunds, and fees. QuickBooks allows you to import up to 12 months of historical data from Shopify Payouts, eliminating the need for manual data entry and saving you valuable time.

One of the key benefits of syncing your payouts with QuickBooks is the automatic categorization of your transactions. Your payouts will be categorized by sales, shipping, discounts, tax, and fees, making it easy to analyze your Profit & Loss statement or Balance Sheet. This categorization feature ensures that you have a clear overview of your financials and allows you to make informed business decisions.

• Connect your Shopify account to QuickBooks in just a few simple steps and effortlessly import your Payouts.
• Enjoy the convenience of automatic categorization for your Payouts, including sales, refunds, and fees.
• Access summarized sales receipts, refund receipts, and expense transactions for a comprehensive view of your financials.
• Stay on top of your cash flow and gain a better understanding of your revenue by channel.

By syncing your payouts into QuickBooks Online, you can optimize your accounting processes, save time, and gain valuable insights into your business’s financial performance.