March 9, 2023

If you sell on Shopify, you probably received a 1099-K from Shopify. You might have noticed that on the surface, the amount on this form doesn’t quite match the amount in your bookkeeping. In this post, I’m going to show you how to tie out your Profit & Loss report from your QuickBooks report to

Read More

January 9, 2021

Before you begin recording your Shopify gift card sales and redemptions, be sure to watch the video I created that shows you step-by-step how to do your monthly Shopify bookkeeping. The method I describe in this post is based on the method I demonstrated in the overview video. You can watch the first video HERE. This

Read More

April 11, 2020

Shopify is a popular and easy to use platform for selling products online. In fact, it has never been easier to open a shop and start making money. But while opening a shop might be simple, the tricky part of Shopify is keeping track of your finances. As an accountant, I strongly recommend QuickBooks Online

Read More

April 8, 2020

Shopify is a popular platform for selling online. But bookkeeping for Shopify presents some unique challenges. The biggest issue is that customers can pay in a variety of ways, and those payment methods deposit to your bank differently and have different fees. So in this post, I’ll share best practices for how to record Shopify

Read More