Shopify will then transfer these funds (payouts) from your available account balance into your actual bank account based on your payout schedule. This is your balance of funds comprised of different types of transactions (e.g., payments, refunds, etc.). You already know that when you make a sale or accept a payment, Shopify will take the payment from the customer, then deposit the funds to a holding account. The most important thing to remember is that Shopify holds funds on your behalf. Greenback captures your Shopify accounting data from Shopify Payments. We are fanatical about itemized details because it’s imperative to know your cost of sales. We even create ancillary transactions for “netted out” card swipe fees, and subscription plans (when the data is available). Greenback auto-fetches your sales, refunds, and payouts from Shopify and syncs them to QuickBooks. The following steps and how-to videos will help you get setup with Shopify, Greenback, and QuickBooks.
0 kommentar(er)
