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Want to grow your business? Start by hiring a qualified bookkeeper. This is your great first step towards your business growth. A solid bookkeeping system will help you save a lot of money and improve the efficiency of your business. Once you take something complicated such as bookkeeping and turn it into a simpler thing, it will save your business valuable time and money. In addition, it will res
18/08/2022
What are Shopify professional reports?
Shopify professional reports are nothing more than the more advanced reports available with Shopify and higher plans. These include more granular reports about your products – sales of individual items, sales over different periods of a year (this can be useful for seasonal items), additional tax reports, or more detailed information about how your customers interact with your store.
Learn more about these reports here https://bit.ly/3AuCljP
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Are you struggling with keeping track of your records? Need to set up, clean up, or catch up on your books for tax season? Send DM to get started.
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Schedule a Free Discovery Call and check if we can work together
https://calendly.com/gonzales-anarowena
Save time and money. Focus more on running your business.
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Follow us for more Shopify Bookkeeping Tips
17/08/2022
Each time a customer makes a purchase or interacts with your store in any way, lots of analytical data is generated. Shopify scrupulously notes down each detail and presents them to you in the shape of Shopify reports. Some are available out of the box in your analytics dashboards, and others can be generated at will. With the abundance of information at your disposal, it would be a shame not to use it to your advantage.
Shopify reports – what’s available with your plan?
Many Shopify reports are considered a premium feature and, as such, are not available with the lowest plans. Advanced ($229/month) and Shopify Plus plans (starting from $2,000/month) offer the full set of analytics but the regular Shopify plan ($79) doesn’t lack far behind.
Lower plans (Lite and Basic) come only with limited analytics but you can access the Analytics dashboard regardless of the plan you’re on.
For the full plan comparison table, please click this link https://bit.ly/3pp3cY5.
Shopify reports – where to find them?
All reports reside in your dashboard, under Analytics -> Reports.
1 - Shopify reports menu
You can also look up various statistics under the Dashboard tab and track the current visitors of your store via the Live View tab (available for Basic Shopify and higher plans).
How to export Shopify reports?
On each report’s page, you’ll find an Export button in the top-right corner.
2 - Export Shopify report
With it, you can download a .csv file containing a given report, usually with even more details than visible in the dashboard. These files can then be uploaded into any tool for processing data (Google Sheets, MS Excel) or, when it makes sense, import it into, for example, accounting software.
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Are you struggling with keeping track of your records? Need to set up, clean up, or catch up on your books for tax season? Send DM to get started.
—-------------
Schedule a Free Discovery Call and check if we can work together
https://calendly.com/gonzales-anarowena
Save time and money. Focus more on running your business.
--------------
Follow us to learn more about Shopify Bookkeeping
Benefits of a Business Bank Account
There is almost no reason not to open a business bank account to support your small business.
🎯It keeps your business and personal finances separated: You need to ensure your business financial records are accurate. Keeping your business and personal assets separated makes this process much easier.
🎯It helps you build your business credit: When you open a business bank account, credit bureaus begin tracking credit history for your business. This will help when you need a business loan or line of credit.
🎯It lets you assess your business performance more easily: With your income and expenses running through a dedicated account, it becomes easier to analyze your business’s performance. Some banks even offer software to track business performance.
🎯It lends credibility to your business: Customers will see your business as more trustworthy when payments come from a business account instead of your personal account.
🎯It helps simplify tax season: Tax preparation will be much easier at year-end because using a business checking account helps maintain a record of income and expenses.
🎯It helps you build a banking relationship: Building a banking relationship can be beneficial if you need business financing in the future.
🎯It allows you to accept credit card payments: Many banks offer merchant services to their customers, which allow you to accept credit card payments into your business checking account.
25/07/2022
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