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Post each payout to QuickBooks Online or Xero as one entry. Entry totals match your bank deposits.
Taxomate turns each Shopify Payments payout into one summarized entry in QuickBooks Online or Xero. The entry groups sales, fees and refunds, and its total equals the payout, so you can match it to the bank deposit. PayPal and other selected gateways post through a clearing account and need their own reconciliation check. QuickBooks Online uses a journal entry or invoice. Xero uses an invoice, or a bill for a negative payout. Cost of goods sold can post as a separate entry from your SKU costs.
- Post one summary entry per Shopify Payments payout to QuickBooks Online or Xero
- Each entry total equals the payout, so you can match it to the bank deposit
- Map sales, fees and refunds to your chart of accounts
- Post COGS as a separate entry from your SKU costs
- Post new payouts automatically after you finish setup
Languages
English
Works with
- QuickBooks Online
- Xero
Categories
Financial reports
Financial operations
Automated data sync
Pricing
Choose the plan that best fits your business.
200 Orders
$14 / month
or $140/year and save 17%
Features
- For stores w/ up to 200 orders per month
14-day free trial
1K Plan
$24 / month
or $240/year and save 17%
Features
- For stores up to 1,000 orders per month
14-day free trial
5K Plan
$44 / month
or $440/year and save 17%
Features
- For stores up to 5,000 orders per month
14-day free trial
10K Plan
$79 / month
or $790/year and save 17%
Features
- For stores up to 10,000 orders per month
14-day free trial
All charges are billed in USD. Recurring and usage-based charges are billed every 30 days. See all pricing options
Reviews (7)
- 100% of ratings are 5 stars
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0% of ratings are 4 stars
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0% of ratings are 3 stars
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0% of ratings are 2 stars
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0% of ratings are 1 stars
Taxomate does a great job of consolidating our settlements across our Amazon/Ebay/Walmart/Shopify marketplaces, mapping transactions to the proper QBO accounts, and automatically generating/sending journal entries. We were previously using a competitor's app, which was significantly more expensive, and were very pleased to discover Taxomate as a cost-effective multi-channel alternative. We were able to reduce our monthly costs by 60% after switching. The user interface is intuitive if your QBO chart of accounts is configured properly. The account support team helped with the initial onboarding and was able to provide direction on feature parity. They are responsive and provide great support, especially in rare instances when missing features are identified. They were able to develop quick enhancements to meet our accounting needs.
Excellent app with amazing customer support would highly recommend!
Live chat was very fast to respond and extremely patient and helpful to solve a small issue.
Great plugin! I was looking for a tool that syncs with Xero and I am glad I found Taxomate. This works really well in our retail business and it saves time for bookkeeping. We also tried a2xaccounting but found this much more affordable..
Support
App support provided by taxomate.
Resources
Launched
November 18, 2021 · Changelog
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