Welcome to the fourth installment of our Scaling Smart series, where we explore how automating your accounting can drive growth for your business. This edition is all about helping Shopify merchants tackle scaling challenges—like managing multiple sales channels, international transactions, and complex payouts.
Scaling a Shopify business can quickly complicate your books. As you grow, tracking performance across different channels, handling cross-border sales, and managing payouts across locations can eat up valuable time. With Bookkeep, you gain tools that simplify these tasks, letting you spend less time on spreadsheets and more on growing your business.
1. Enhanced Reporting for Multiple Shopify Channels
Managing data from different Shopify sales channels and third-party apps can feel like juggling too many balls. With Bookkeep’s enhanced reporting, you can segment and group your sales channels, including Shopify POS and third-party apps. This means each sales channel gets its own entry, providing a clear view of performance across channels. For example, you can track returns from apps like Loop separately while getting a complete view of your online store—all mapped directly into your accounting system. It’s a smarter way to gain deeper insights without the manual work.
2. Accounting for International Sales Made Simple
Expanding globally means more sales, but it also means more complicated accounting. Shopify Managed Markets offers tools that help you to set up and manage selling in international markets. Managed Markets also offers additional features powered by Global-e to help you scale and optimize your international markets directly from your Shopify admin, simplifying cross-border transactions and accounting.
Bookkeep captures international sales, taxes, and fees, automating the entire process for you. Each transaction is recorded accurately, from gross revenue to fee deductions, keeping your books clean and compliant. Plus, with our detailed reconciliation tools, you can rest easy knowing your records align with every payout.
3. Split Payouts for Multi-Location Sellers
One bank account per Shopify account might work for small shops—but for larger, multi-location businesses, it’s a headache. Bookkeep’s Shopify Payout Splitting feature simplifies this process. It separates daily payout data by store, making it easy for accounting teams to allocate revenue to the right accounts. Say goodbye to endless spreadsheets and manual transfers. Now, you can focus on what really matters—growing your business.
Let’s Simplify Your Shopify Accounting, Together
Bookkeep is here to help you automate the complex and focus on growth. Ready to see how these advanced features can work for your business?
Book a call with our team today.
