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Shopify Finances Reports
You can think of Shopify Finances Reports as your financial statements. They offer a comprehensive overview of the income and expenses on your orders and give you more insight into your sales and money flow.

Reports available within Shopify finances are:

📰Total sales
📰Taxes
📰Tips
📰Payments

The core financial metrics we recommend you to track within these reports are total sales and net sales.

Total sales = gross sales – discounts – returns + taxes + shipping

Net sales = gross sales – discounts – returns

The most important Shopify finances report is the Shopify finance summary, where you can see your sales, payments, liabilities, and actual profit. A separate report for each one of the items is available.

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Are you struggling with keeping track of your records? Need to set up, clean up, or catch up on your books for tax season? Send DM to get started.
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Schedule a Free Discovery Call and check if we can work together
https://calendly.com/gonzales-anarowena
Save time and money. Focus more on running your business.
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Follow to learn more about Shopify Bookkeeping

Accounting software gives you:

• Up-to-date, automated books with nothing missed.
• An instant view of your business's cash flow.
• Security via encryption technology (the best available).
• The ability to set access levels and invite others to view your books.
• The option to add apps and integrations to
level-up aspects of your operations.

Our recommendations of Accounting software providers:

Xero
Beloved by small and medium businesses
across the world, Xero’s user-friendly features and intuitive interface has made it an ecommerce favorite. Plans typically start at less than $10/mo and grow with your needs.

Quickbooks
One of the most popular ecommerce accounting software options, Quickbooks has plenty of apps and integrations so you can tailor a solution that works best for you. Ideal for any sized business,

To learn more about Xero & Quickbooks, book a call now to get started: calendly.com/gonzales-anarowena

What is your business type?

Did you know your tax liabilities will be different depending on your business structure? You need to know the business entity tax you're responsible for.

Talk to us, book a call now: https://calendly.com/gonzales-anarowena/15min

Make it count!