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How Do You Do Bookkeeping on Shopify?

Last updated on October 2, 2022 @ 2:24 am

If you’re running a Shopify store, you’ll need to do some bookkeeping to keep track of your sales and expenses. The good news is that Shopify makes it easy to do your bookkeeping. Here’s how:

To start, log in to your Shopify account and go to the “Reports” section. Here you’ll find a variety of reports that will help you track your sales, inventory, and customers.

Next, click on the “Sales” report. This will show you a list of all the orders that have been placed on your store. To see more details about an order, simply click on it.

Now, let’s say you want to see how much money you’ve made in a specific time period. To do this, click on the “Date Range” drop-down menu and select the time period you’re interested in. Then, click on the “Export” button to download a CSV file of your sales data.

PRO TIP: If you are thinking about using Shopify to do your bookkeeping, think again! While Shopify is a great platform for eCommerce, it is not designed for bookkeeping and can actually cause more problems than it solves. Here are just a few of the potential pitfalls:

1. Incorrect tax calculations – Because Shopify is not designed for bookkeeping, it can sometimes get tax calculations wrong. This can lead to you overpaying or underpaying taxes, which can be a headache to sort out.

2. Lack of reporting features – Again, because Shopify is not designed for bookkeeping, it lacks many of the reporting features that you need to properly track your finances. This can make it difficult to see where your money is going and make sound financial decisions.

3. Inaccurate inventory tracking – If you sell products on Shopify, you’ll need to track your inventory levels carefully. However, because Shopify is not designed for bookkeeping, it can be difficult to accurately track inventory levels, which can lead to stock-outs or other problems.

Overall, while Shopify is a great platform for eCommerce, it’s not the best choice for bookkeeping. If you’re looking for a tool to help you

Once you have your sales data, open it in a spreadsheet program like Microsoft Excel or Google Sheets. Then, create a new sheet and label it “Shopify Sales”.

Now, add the following columns to your sheet:

– Order number
– Customer name
– Email address
– Order date
– Shipping method
– Product name
– Product price
– Quantity ordered
– Total order value

To fill in these columns, simply copy and paste the data from your CSV file into the appropriate cells. That’s it! You now have a complete record of all the orders that have been placed on your store.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.