If you’re running a Shopify business, you may have noticed that Shopify is now charging for sales tax calculations. This paid service, called Shopify Tax, was recently included on all Shopify accounts to help manage sales tax calculations. So what exactly is this service and how could it impact your Shopify business? I’m here to help clarify what you need to know about the Shopify Tax service and its fees, so you can decide whether it’s a good fit for your Shopify business. Keep reading or click on my video linked below to hear Shopify Tax explained.

Have you heard of QuickBooks Commerce? QuickBooks Commerce is a new e-Commerce integration built right into QuickBooks Online. According to their website, it works with Shopify, Amazon, and eBay. QuickBooks Commerce automatically brings in your orders and payouts from Shopify and sends them into QuickBooks. It sounds great, but is it a good fit for your Shopify to QuickBooks Online integration? Keep reading or click on the video linked below where I’ll go over the pros and cons to help answer the question: Is QuickBooks Commerce right for Shopify sellers?

As a busy Shopify seller you are probably looking for ways to save time and simplify your bookkeeping. That may include looking through the Shopify apps to find the right one to connect your Shopify with QuickBooks Online. Beware! It's important to choose carefully because not all integration apps are the same and using the wrong integration can cause a major mess in your books. How can you know the right integration to use? I’m here to help. Keep reading or watch my video linked below where I share what Shopify Sellers should know before integrating Shopify and QuickBooks Online.

Are you curious to learn how to streamline the integration process between your Shopify and QuickBooks Online accounts? Look no further! I will show you the recent changes released by A2X in their Accounts and Taxes, which is where the integration and the mapping between Shopify and QuickBooks Online are managed. We’ll take a look at how these updates can make life easier when it comes to managing this important integration. Click the video linked below to watch A2X: Tour of new Accounts & Taxes | Shopify integration with QBO, or keep reading to find out more.

If you are a Shopify seller you may feel like you're stumbling around in the dark when it comes to the topic of sales tax. If that sounds like you, you're not alone! I often hear from Shopify sellers who worry about whether they are supposed to be registering to collect sales taxes and how they'll know if they have economic nexus in other states. Let me assure you that understanding sales tax doesn't have to be scary. Keep reading or watch my video linked below and I'll shed some light what every Shopify seller should know about economic nexus.

In your Shopify business you certainly recognize the importance of paying your vendors and employees, but what about paying yourself? You might take some money out of your business here and there as needed, but that can get messy when it comes to tax time. It’s important to be intentional and strategic when it comes to paying yourself in your company so you can maximize your tax savings. What exactly do you need to know so you can start paying yourself the right way? Keep reading or click on the video linked below and I’ll explain how Shopify sellers should pay themselves in an S Corporation.

As a Shopify seller, you already know that each sale made in Shopify is reduced by a payment processing fee before it reaches your bank account. This is true for Shopify Payments and most other payment processors used by Shopify sellers. But, are you correctly recording those payment processor fees in QuickBooks Online? If not, you are going to have some real challenges with reconciling your payment processor clearing accounts. You’ll also find that your cost of goods sold and revenue numbers aren’t reflected accurately on financial reports. To make sure you’re on the right track, keep reading below for my quick tutorial showing you how to record Shopify payment fees and other payment processor fees in QuickBooks Online.

While working in QuickBooks Online recently, you may have noticed some changes when trying to add an account to the chart of accounts. Even if you haven’t seen it yet, the updates are being rolled out to all QuickBooks Online users soon, so let’s make sure you’re prepared. I’d love to show you around and help you navigate these new changes. Keep reading or click on the video linked below where I give a quick tutorial on how to add an account to the new QuickBooks Online chart of accounts.

Is QuickBooks Online overstating your Shopify and PayPal income? Overstated Shopify and PayPal income is one of the most common messes I find when performing a QuickBooks diagnostic review of a Shopify seller's books. If you see income in your QuickBooks that appears much bigger than it should, it can be a headache to get it sorted out. So why does QuickBooks keep doing this anyway? Actually, it's not QuickBooks causing this at all. The problem is caused by using an incorrect Shopify/PayPal accounting workflow. If you'd like to learn how to make this problem go away once and for all, keep reading or watch the video linked below, and I'll share both the wrong workflow and then the correct workflow for recording Shopify and PayPal income in QuickBooks Online.

At VM Wasek, I have worked with dozens of Shopify sellers to help them set up and organize their financials, as well as to do their bookkeeping. The app that I always recommend for doing Shopify to QuickBooks Online integration is A2X. What is A2X, how does it work, and why do I recommend it? Keep reading for my full review of A2X for Shopify to QuickBooks Online integrations, where I’ll answer these question and more.