Connecting Shopify Sales and Payouts to QuickBooks Automatically
Reconciling daily Shopify Payments payouts with QuickBooks is taking up too much of our accounting team's bandwidth. Because Shopify payouts net out processing fees, refunds, and adjustments before hitting the bank account, simple bank feeds don't account for true gross sales or merchant fees properly. How can we automate Shopify to QuickBooks sync accurately?
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Our bookkeeper used to spend almost two full days every month manually matching Shopify payout batches with QuickBooks transactions. Between processing fees, gift card redemptions, and returns, our numbers never matched on the first try. A friend in an e-commerce group suggested checking out https://www.neonpanel.com/shopify-to-quickbooks to streamline daily journal entries. It saved us from constantly making manual spreadsheet corrections.