Connect Shopify to FiscalInsights
Sync Shopify orders, payouts, and fees. Track COGS and sales tax automatically.
Integration Features
How It Works
FiscalInsights connects to Shopify's API to import orders, payouts, refunds, and fees. Each Shopify Payments payout is broken down into gross sales, transaction fees, shipping charges, taxes collected, and net deposit. Orders from other payment gateways (PayPal, etc.) are also tracked and reconciled against bank deposits.
How to Connect Shopify
Shopify is the leading e-commerce platform, and its accounting can get complex fast — between transaction fees, shipping costs, sales tax collection, refunds, and multiple payment gateways. FiscalInsights untangles all of this by connecting directly to your Shopify store and importing every financial detail.
Each Shopify payout is fully decomposed: if Shopify deposits $4,850 into your bank, FiscalInsights shows you the $5,000 in gross sales, $150 in processing fees, $200 in shipping collected, and $180 in sales tax collected. This level of detail is essential for accurate profit margins and tax compliance. COGS tracking helps you understand true product profitability by subtracting your product costs from sales revenue.
For stores using Shopify Payments alongside PayPal, Amazon Pay, or other gateways, FiscalInsights tracks each channel separately. Multi-channel reporting shows which payment methods your customers prefer and how processing costs compare. Sales tax collected through Shopify is tracked by jurisdiction so you know exactly what to remit in each state.
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