Does Shopify Do Accounting And Bookkeeping? Does Shopify Have, Use, & Offer An Accounting Software?

Vova Even Oct 18, 2024
8 People Read
Table of Contents
  1. What is Link My Books?
  2. Key Features of Link My Books
  3. How to Get Started with Link My Books
    1. Pricing Details
  4. Who Can Benefit from Link My Books?
  5. Tutorial: How to Use Link My Books
  6. Accountants and Bookkeepers: Use Link My Books for Your Clients
  7. Conclusion

If you’re wondering whether Shopify offers accounting and bookkeeping tools for sellers, the short answer is: not yet. 


At this moment, Shopify does not have built-in accounting or bookkeeping software. 


But don’t worry — I've got a great solution for all Shopify sellers: Link My Books.


What is Link My Books?


Link My Books is an e-commerce accounting software that makes managing your finances easy. 


It connects your Shopify store to popular accounting platforms like Xero or QuickBooks and automates your bookkeeping. 


This means less work for you, as it handles everything from sales to refunds, fees, and taxes.


If you’re tired of spending hours on manual bookkeeping or worried about making mistakes, Link My Books could be exactly what you need.

Key Features of Link My Books


Here’s a breakdown of what Link My Books offers:


  • Automated Accounting: It automatically syncs your sales, refunds, and fees from Shopify, Amazon, eBay, Etsy, and more. No more manual data entry.


  • Tax Support: The software handles VAT, GST, and other sales taxes and keeps track of all the taxes for you, ensuring you stay compliant.


  • Bank Deposit Matching: Link My Books helps you match payments from your Shopify sales directly with your bank deposits in Xero or QuickBooks.


  • Accurate Reports: Every transaction is accurately recorded, so you always have a clear view of your finances.


How to Get Started with Link My Books


Getting started is super simple. 


You can sign up for a free trial of Link My Books and test it out with your store. 


They’re also offering a 50% discount for three months when you use my coupon code: VOVA20.


You can find the sign-up button below:



Pricing Details


If you want to know how much Link My Books will cost after the free trial, you can visit their pricing page


There, you’ll get a full breakdown of costs based on your sales channels and volume. 


This will help you understand what you’ll be paying to keep your books accurate and up-to-date.


Must Read: Link My Books Pricing – How Much Does It Cost


Who Can Benefit from Link My Books?


Link My Books isn’t just for individual sellers. 


If you’re an accountant or run a bookkeeping firm, this software can help you manage multiple clients who sell on Shopify or other platforms. 


It allows you to streamline your processes and reduce errors, which could mean less time spent on each client and, potentially, more clients for your business.


You’ll find that Link My Books helps you work faster and more efficiently, especially when handling complex transactions from multiple channels.


Tutorial: How to Use Link My Books


Now, if you’re unsure how to set it up, don’t worry! 


I’ve created a step-by-step tutorial with Daniel Little, the founder of Link My Books. 


In this video, we walk you through how to connect your Shopify store (or any other platform) to Xero or QuickBooks. 


It’s super easy, and by the end of the tutorial, you’ll have everything set up to handle your accounting and bookkeeping with ease.


Here’s the tutorial video:



For those who prefer reading, you can check out the written version of this tutorial: Link My Books Tutorial and Review


Accountants and Bookkeepers: Use Link My Books for Your Clients


If you’re an accountant or a bookkeeper, Link My Books can help you manage multiple clients efficiently. 


It integrates with platforms like Shopify, Amazon, eBay, and more, allowing you to handle all your clients’ bookkeeping in one place. 


This saves time and reduces errors, helping you serve your clients better.


For a more detailed tutorial aimed specifically at accountants, you can check out this video:



Conclusion


If you’re a Shopify seller or an accountant working with e-commerce clients, Link My Books is a powerful tool that can help you manage your accounting and bookkeeping tasks. 


It integrates easily with Xero and QuickBooks, saving you time and helping you stay accurate with your finances. 


Whether you're selling on Shopify or other platforms like Amazon, eBay, or Etsy, this tool can simplify your workload and make accounting less of a headache.


So go ahead, give Link My Books a try with their free trial, and don’t forget to use the code VOVA20 to get 50% off for three months!


Good luck with your business, and may your sales be great!

Table of Contents
  1. What is Link My Books?
  2. Key Features of Link My Books
  3. How to Get Started with Link My Books
    1. Pricing Details
  4. Who Can Benefit from Link My Books?
  5. Tutorial: How to Use Link My Books
  6. Accountants and Bookkeepers: Use Link My Books for Your Clients
  7. Conclusion