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The Xero Accounting app, built by Shopify, has just been released for beta. Click here to install it on your store: https://apps.shopify.com/xero and send your feedback to [email protected]. App highlights: easily export order history to Xero, seamless sales, product and customer reporting, and create sales invoices in just one click. The app is currently available worldwide exc...
Hi, Can anyone shed some light how they determine the actual profit for a shipment? Hypothetical Example: Customer Orders: 1G of Liquid Rubber - $54.95 1 Roll of Seam Tape - $43.95 1 Brush - $5.99 1 Disposable Gloves - $3.49 Total - $108.38 Customer pays this and gets Free Shipping Lets say our costs are: 1G of Liquid Rubber - $24.95 - Profit - $30 ...
I'm looking at replacing a custom ecommerce system for a UK business client with Shopify but although I've crawled through the forum and emailed Shopify support, I can't see how their tax calculation can be handled, and presumably this applies to loads of other UK and EU businesses. The tax applied is dependant on the purchaser's BILLING address and the rules are 1. If the billing addres...
Heya all, at Pipemonk - we are a 5-star rated Shopify partner expertising in accounting. We have built expertise in Ecommerce accounting after working with 1800+ Shopify stores. We also have a growing network of certified public accountants who are eager to help. So if you have any questions on accounting principles, concepts, reporting best practices, fees tracking, inventory mangement or ...
So business starts picking up and I have to determine profits on my products and how much I am paying my distributor. How owuld I manage to figure this out? At the first of the month I supposed to pay the balance due to my supplier for products sold, this is a unique type of deal that one typically wouldn't have. My current method I would print out all of that months goods sold and have to c...
Hi I have a business selling leather goods. I have been operating for 18 months. I want some advice and be able to talk to someone about things such as: - sales trends - Impacts of discounts - Which products have sold better than others. - Understanding seasonality of my sales - Potential sales growth. I'm willing to pay a little bit, but do not have the biggest budge...
Hi - I have recently installed the Shoping Through Quickbooks Online App in Quickbooks to better manage inventory by now having the ability to account for COGS in Quickbooks, and also create Purchase Orders. However, I have called Shopify support and have been advised that only SOLD inventory appears through the Shopify App in Quickbooks. I am seeking advise on how other small business ecommerc...
Hi can someone please advise how they do this. considering moving to QBO or Xero and using an app to import all my orders in as invoices, seperate fee etc. But how does one then reconcile the individual sales against the bulk deposit shopify payments makes to your back account. thanks !
I'm getting this error: The TaxType code 'CAPEXINPUT' cannot be used with account code '200'. Every time an XERO export fails. Any ideas what could be causing this?
Hi everyone, UK based company Have only had a handful of orders on our site since launch and looking at one we got the other day saw that VAT 20%(included) was added as a line on the order. As we are not VAT registered I went into "settings" and un-ticked the "All taxes are included in my prices If selected, all taxes will be calculated using this formula: tax = (tax rate * p...
Hello! My site launches on Monday (woohoo!) and I have a few questions! A year or two ago, I used a free app called Revenue Tax Reporting, but it appears to have been unpublished. I can't seem to find a similar (free) app out there that will just generate sales tax reports each month. Any tips or work-arounds available?? I really don't want to go through each sale one by one to obtain the sales...
Hi There, I have been selling wines on Shopify for 1 month now. Our physical presence is in California. I am having an issue with Shopify calculating incorrect sales tax based on destination. As per California BOE law, I must collect State sales tax rate + District sales tax rate. For example my home town's rate is 9% but if I ship to an out of district city, the rate will be different. How do ...
Hey everyone! I'm looking for some suggestions on basic business finance software or a Numbers template I could use to start tracking my expenses. I'm looking for the basics nothing like payroll since i'm the only employee. Or inventory becaue believe it or not I don't really need inventory for my business. So something that includes business spending for items, advertisement spending, m...
Hi, We are based in the UK and the main accounting software here is Sage does anyone else use it? Or do we need to go with Quikbooks to link with Shopify. I read from most comments the problem with the link and Quikbooks is that it does not show the Shopify deduction, or has this been sorted? All help and comments would be great as we would like to get it right first time!! Thanks
Hi all, I currently have one Shopify B2C store and use Xero for my accounting. The Xero app works really well. I have a second and still developing second Shopify store, B2B as a wholesale branch of the same business. I want to be able to integrate both of my Shopify stores into the one Xero account (as it is the same business), which at the moment the Shopify made Xero app cannot d...
Hello! I'm new to shopify. These forums have been very helpful... I'm looking to add an HST number to my invoice for my canadian customers. I'm using Order Printer templates as my invoice...I do not know how to code (sadly). Anyone know an easy way to do this for a novice? Thanks!
Hi all Looking for, but seriousy struggling to find integration with both shopify and ebay and an accounts package. To be honest, it doesn't need to fully integrate with ebay, just pull in the transactions from paypal and crucially separate out the fees. Am in the UK, currently using freeagent for accounts which is perfect for paypal, but zero integration with shopify ( at least nothing ...
Hi Guys, I'm trying to build a shop in which a few select clients can place multible orders per day (catering industry). I'm looking for a way in which these clients can create an account and be billled on a specific cycle rather for each individual order. For example, once a client has ordered £1000 worth of products they get billed automatically. Or the client gets automtically billed ...
Hi there, I am based in Germany and have set up a Shopify store. I was wondering if anyone could recommend a software for simple bookkeeping (Einnahmenüberschussrechnung) that ideally connects to Shopify and/or Elster (German tax office interface). I checked out: Xero - doesn't seem to be certified for the German market (correct me if I'm wrong) billomat - they have a limited amount of...
I am debating on whether or not I should hire a bookkeeper. I started my business 15 months ago and it is really starting to pick up. I have become so busy with day to day work that I can't seem to find time to do my bookkeeping. Is a bookkeeper worth the money? Also, what is the typical rate to expect. Thank You!
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