At Bookkeep, we’re always working to improve your accounting processes. This month, we’re rolling out several updates designed to simplify reconciliation, streamline tax management, and give you more flexibility in your accounting workflows. Here’s what’s new:
Simplified sales tax tracking for Shopify’s Shop channel
Starting January 1, 2025, Shopify’s Shop channel handles U.S. sales tax collection, remittance, and filing. To help merchants navigate this change, Bookkeep automates daily journal entries to separate sales tax collected and withheld. We’ve also added support for mixed tax mapping between Canadian and U.S. tax rates, making cross-border accounting smoother than ever.
📖 Get more details on sales tax tracking for Shopify
Shopify import tax tracking
Managing import taxes for international orders just got easier. Bookkeep now tracks import taxes and refunds, providing accurate records of import taxes withheld by Shopify. This prevents overpayments and keeps your international accounting precise.
📖 Find out more about Shopify import taxes
No subscription commitment during Shopify trials
We’ve made it easier for users coming from the Shopify App Store to try Bookkeep. You no longer need to approve a subscription upfront — enjoy the full trial experience without commitment. Once your trial ends or you decide to subscribe, you’ll be prompted to approve the subscription directly in Shopify.
Square fee mapping for more detail
Bookkeep now captures and allows separate mapping for Square fees, including third-party fees. For example, restaurants using delivery services can now clearly track these fees, ensuring accurate financial reporting and fewer surprises during reconciliation.
Expanded Sage Intacct support with custom dimensions
Bookkeep now supports user-defined dimensions (UDDs) in Sage Intacct, in addition to standard ones like Location and Department. This new feature provides greater customization and flexibility, letting you tailor your accounting processes to your specific needs.
📖 Learn about dimensions in Sage Intacct
Automate Sezzle deposits for easier bank reconciliation
Sezzle is a fast-growing “Buy Now, Pay Later” platform, trusted by over 40,000 merchants in the U.S. and Canada. Bookkeep now automates the posting of Sezzle deposits or settlements daily, ensuring each deposit is recorded separately for seamless bank reconciliation.
📖 Learn how Sezzle integrates with Bookkeep
What’s next?
With these new features, you’ll be able to automate more tasks and gain deeper insights into your financials, all while keeping your records accurate and up to date. From simplifying tax reporting for Shopify’s Shop channel to offering enhanced flexibility for Sage Intacct users, we’re continuously working to make accounting less stressful and more intuitive.
As we roll into 2025 (we can’t believe we’re already a month in either), we’ll continue to enhance our platform with more features that streamline your accounting processes. We’ll focus on expanding integrations, improving automation, and providing even more reporting options to give you the insights you need to make informed decisions.
Have questions? Contact our team below to learn more about how Bookkeep can streamline your accounting.
