As CFOs and accounting teams know, keeping books clean and accurate for Shopify and Square merchants can be a time-consuming, manual effort. Between reconciling sales data, managing sales tax, and keeping up with new payment methods, it’s easy to feel overwhelmed. We get it.
That’s why, at Bookkeep, we’ve developed breakthrough features to help you skip the bottlenecks and get back to what really counts – growing your business. Check out how our latest product updates make your accounting more automated, accurate, and efficient.
New Square Features: Automate Accounting for Better Control
1. Organize Transactions with Square Balance Folders
Square merchants can stay on top of cash flow with Balance Folders. Easily sort funds for taxes, payroll, and more – automatically. With these details now tracked in Bookkeep, you’ll get a clearer picture of your finances and more time to focus on the big stuff.
2. Capture Gift Card Load Fees for Square
Handling gift cards in Square just got easier. With Bookkeep, we now capture all gift card load fees so every transaction is tracked and reported in your books. This gives you full visibility into your gift card program, with the confidence that nothing is missed.
3. Simplify Sales Reporting with Square Rollup Options
For merchants using Square, we now offer the flexibility to roll up sales and refund data by product category or item name. This customizable feature supports more granular reporting and analysis, giving you clearer insights into product performance and profitability.
4. Monitor Gift Card Transfers Across Multiple Locations with Square
For franchises and multi-location businesses using Square, Bookkeep now captures gift card pool transfers. This feature gives you a clear summary of gift card activity by location, making it simple to manage gift cards across multiple sites.
Learn more about Bookkeep’s seamless Square accounting integration here.
New Shopify Features: Simplify Global Sales and Reconciliation
1. Streamline Shopify Sales Tax Reconciliation by Sales Day
Shopify merchants can now simplify tax reconciliation with Bookkeep’s new feature. It breaks down sales tax withheld by day on bank deposits and payouts. It’s an easier way to ensure tax accuracy and keep your records in sync with payment cycles.
2. Grow Globally Using Shopify Managed Markets
Expanding internationally? Shopify Managed Markets, now supported by Bookkeep, handles the complexities of selling in new regions. From managing taxes and duties to accepting local payment methods, this feature automates global transactions, allowing you to expand your market effortlessly.
3. Stay on Top of Shopify Payout Adjustments with Automated Accuracy
Bookkeep ensures your Shopify deposits and adjustments – like sales tax, Shop Cash fees, and payouts – are accurately tracked. With everything organized in one place, reconciling your records is quicker and more efficient.
4. Track Shop Cash Rewards for Easier Reconciliation
With Bookkeep, you can now track Shop Cash by sales day on bank deposits or payouts. Ensure every reward and transaction is accounted for – giving you complete insight into Shop Cash and making reconciliation easier.
Learn more about Bookkeep’s seamless Shopify accounting integration here.
Take Your Growth Further with Bookkeep
We’re always innovating to save you time, reduce your manual workload, and provide complete confidence in your books – whether you’re a Shopify or Square merchant. With Bookkeep, you’ll have the latest tools to focus on what matters most: driving your business forward.
