Step Five (QuickBooks): How to Reconcile Journal Entries with Shopify bank payments
Updated over a week ago

Payouts can be imported to QuickBooks as Journal Entries (or Sales Invoices) along with a deposit, which can be matched up against your payments from Shopify. The deposit is linked to the journal entries for easy reconciliation with your payment from Shopify.

STEP 1. First, make sure you have selected the proper bank/credit card accounts for Shopify in taxomate under Settings > Connections.


STEP 2. In QuickBooks, select Transactions and then Banking on the left side.



STEP 3. Find the payout payment that you want to reconcile and select Confirm. QuickBooks should auto-match the proper deposit to the bank payment to make things easier.

If no match was found (Confirm button is not showing) select the transaction and Find match. Then select the matching deposit and save.

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