Managing Shopify payouts can be complex, but it doesn’t have to be. Bookkeep’s latest update brings more clarity to your accounting process by offering specific, easy-to-understand labels for each adjustment in your Shopify payouts. No guesswork – just clean, accurate entries.
Say Goodbye to Unclear Adjustments
In the past, adjustments in Shopify payouts often appeared with generic labels, like debit or credit, making reconciliation a challenge. Most accounting automation platforms don’t solve this issue, often leaving customers to reach out to Shopify support for manual reconciliation. With Bookkeep’s enhanced adjustment labeling, each transaction is clearly identified. Whether it’s a sales tax withholding or shipping label adjustment, you’ll have a full picture of what’s happening in your books – every time.
Better Transparency, Better Accuracy
Bookkeep automatically identifies and categorizes a wide range of Shopify adjustments, making your reconciliation process more transparent and efficient. Common adjustments we label include:
- Shop Cash Adjustments
- Disputes and Reversals
- Flow Commerce (Managed Markets) Adjustments
- Import Taxes Withheld
- Facebook & Instagram Adjustments
- Sales Tax Withheld
- Seller Protection Credits and Reversals
- Shipping Label Adjustments
- Shipping Other Carrier Charge Adjustments
- Shop Cash Campaign Adjustments
- Shopify Collective Debits
- Shopify Collective Debit Reversals
We keep up to date with all Shopify updates for you and make changes to our platform to ensure your accounting is always accurate, no matter how your business grows.
Keep Your Sales Tax in Check
Sales tax can be tricky, especially when selling across different platforms. Bookkeep ensures that sales tax adjustments are accurately reflected in your payouts, so you avoid overpayments and manage your taxes with confidence.
Let Bookkeep Handle the Complexity
Bookkeep takes the hassle out of managing Shopify payouts by ensuring every adjustment is labeled clearly and correctly. Ready to save time and reduce errors in your books?
Book a demo today and let us show you how Bookkeep helps out your Shopify accounting on autopilot.
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