Does your business use Shopify? If so, you could be missing out on important financial information that's not surfaced on your Shopify Finance Summary! In some cases, Shopify hides sales information related to apps like Loop Returns, or other third-party sales channels added to your account. This means you'll need to stay on your toes when booking the sales by channel figures to your GL, in order to properly reflect the true picture. Want to learn more about this common Shopify issue? Read our latest blog post: https://lnkd.in/eatvrPaa #shopify #ecommerce #retail #retailbusiness #accounting #accountants
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10 hours/week at $17/hour back in 2013. That’s the minimum extra time I remember spending on counting cash, making sure everything matched up with slips from 8+ terminals, my Excel spreadsheet, and the end-of-day sales summary. This was at a restaurant. You were lucky if you got out by 3 a.m. If a digit was off or a fiver went missing under a billfold...good luck. Store managers will understand — a big part of the job truly begins after closing. Experiences like these are why I think it’s amazing to see Shopify investing in tools that make cash management and tracking simpler. One source of truth for earnings, bills, secure funding and more. We often talk about "unified commerce" - innovations like these help define it. Check out what Shopify Finance brings to the table below 👇 #ecommerce #retail #shopify
Manage your money where you make it. Introducing Shopify Finance, a new home in the Shopify admin to access earnings, pay bills, and secure funding. All the financial tools merchants need are now built directly into their business. The suite includes: ✔️ Shopify Balance: a free business account that allows merchants to get paid as soon as the next business day and earn APY rewards on every dollar ✔️ Shopify Credit: a pay-in-full Visa card offering up to 3% cashback on eligible business purchases ✔️ Shopify Capital: funding offers up to $2M, with flexible repayments from daily sales and no impact on personal credit score ✔️ Shopify Bill Pay: schedule and pay bills using credit cards—even if vendors don’t accept them ✔️ Shopify Tax: automated sales tax calculations, tax liability insights, and filing Entrepreneurs innovate at warp speed, but traditional financial systems haven’t kept up. Shopify Finance is changing that: https://lnkd.in/gfK7YGuQ
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Shopify Introduces Shopify Finance 💸 Shopify just made life a whole lot easier for merchants with Shopify Finance, an all-in-one financial solution built right into the Shopify admin! From Shopify Balance and Capital to Credit, Tax, and Bill Pay, merchants now have a single dashboard for managing finances—giving faster access to funds and flexible repayment terms. 💰 This update means less financial stress and more time to focus on growth, especially for marketers navigating cash flow during major sales seasons. 📈
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Manage your money where you make it. Introducing Shopify Finance, a new home in the Shopify admin to access earnings, pay bills, and secure funding. All the financial tools merchants need are now built directly into their business. The suite includes: ✔️ Shopify Balance: a free business account that allows merchants to get paid as soon as the next business day and earn APY rewards on every dollar ✔️ Shopify Credit: a pay-in-full Visa card offering up to 3% cashback on eligible business purchases ✔️ Shopify Capital: funding offers up to $2M, with flexible repayments from daily sales and no impact on personal credit score ✔️ Shopify Bill Pay: schedule and pay bills using credit cards—even if vendors don’t accept them ✔️ Shopify Tax: automated sales tax calculations, tax liability insights, and filing Entrepreneurs innovate at warp speed, but traditional financial systems haven’t kept up. Shopify Finance is changing that: https://lnkd.in/gfK7YGuQ
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🚨 Big News! 🚨 Shopify has launched Shopify Finance - your new all-in-one financial hub! 🎉 Access funding 💸, automate tax compliance 📝, and streamline bill payments 💳, all from a single dashboard. Say goodbye to financial headaches 🤯 and hello to unstoppable growth! 🚀 Dive into Shopify Finance and be part of the entrepreneur empowerment movement! 💪 #ShopifyFinance #businessgrowth #shopifyupdate #ecommerce #onlinebusiness #finance #shopify
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Introducing Shopify Bill Pay: Simplify Your Business Payments Say goodbye to the hassle of managing business bills with Shopify Bill Pay. Powered by Melio, this integrated tool lets you schedule, pay, and manage invoices right from your Shopify admin. Handling business payments, vendor relationships, and accounting tasks can be time-consuming. With Shopify Bill Pay, you can streamline these processes, saving valuable time for growing your business. What is Shopify Bill Pay? Shopify Bill Pay is a seamless business payments app within your Shopify admin. It centralizes your vendor management and payment methods, allowing you to pay invoices effortlessly. Key Benefits: - Flexible Payments: Pay vendors using Shopify Balance, credit/debit cards, or ACH bank transfers, while vendors can receive payments via ACH, checks, or wire transfers. - Global Transactions: Work with vendors worldwide without complications. - Invoice Tracking: Keep track of all invoices in one place, ensuring timely payments and avoiding late fees. How It Works: Set your payment preferences once, and future payments become a breeze. Add vendor details for quick payments, with invoices automatically organized in your Bill Pay dashboard. Tips for Optimization: 1. Earn Rewards: Use credit cards for payments and earn rewards and cashback. 2. Schedule Payments: Never miss a due date with scheduled payments. 3. Sync Accounts: Sync with Gmail, QuickBooks® Online, or Stocky for seamless workflow. 4. Use Shopify Balance: Save on transaction fees with Shopify Balance for bill payments. Start using Shopify Bill Pay today to simplify your business finances and focus on growth. Install for free without any signup or subscription fees. #Shopify #Shopifyexperts #sopifystoredesign #shopifystoreredesign #shopifyproducthunting #productresearch #shopifydropshipping #shopifyva #shopifythemecustomization #shopifyreviews #productreviews
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Introducing Shopify Finance—an all-in-one financial suite designed to support Shopify merchants right where they run their business! 🚀 Now, managing everything from earnings and expenses to funding and taxes is built directly into the Shopify admin, empowering merchants to streamline their finances as easily as they do their sales. Here’s what Shopify Finance includes: ✔️Shopify Balance: A free business account with next-day payouts and APY rewards on every dollar saved. ✔️ Shopify Credit: A Visa card offering up to 3% cashback on eligible business purchases, perfect for reinvesting in growth. ✔️ Shopify Capital: Flexible funding up to $2M with repayments tied to daily sales and zero impact on personal credit. ✔️ Shopify Bill Pay: Easily pay vendors with your credit card, even if they don’t typically accept them. ✔️ Shopify Tax: Automated tax calculations, insights into tax liabilities, and filing assistance. With Shopify Finance, merchants gain essential tools to manage their money as they build their brand—putting them in control every step of the way. 🔥
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Another hit from the creative & product pros on the Shopify Growth team and beyond: Introducing Shopify #Finance, the financial suite that’s built right into your business. Overcome traditional #banking barriers as you manage cash flow, borrow with confidence, and rack up rewards—all without leaving your #Shopify admin. Performance-based tools and offers are optimized for Shopify merchants and built to grow with you, from start to #scale.
Manage your money where you make it with Shopify Finance
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One Shopify update that's been rolled out and that doesn't get mentioned enough is the new customer account option, that comes packed with features: 📦 Built-in Refund System: Shopify’s new built-in system now lets you manage partial or full shipping refunds more easily, including tracking each step in your order history. ⏲️ Every refund action is logged into the order’s timeline, offering a clear record of each step in the process. 💸 This system also automatically updates your financial summaries to reflect the refunded amounts, providing better visibility into your store’s financial health. Have you tried these features? What's your experience? #ecommerce #returns #shopify
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🎉 Spotlight on Viable! 🎉 We're thrilled to highlight the integration between Shopify and Viable! Viable offers a unified view of your finances with intelligent cash flow forecasts. It eliminates guesswork by providing real-time visibility into cash flow, money inflows and outflows. Viable helps businesses save money through detailed insights on expenses by category and supplier. With projected cash flows, it assists in budgeting for inventory, marketing, and operational expenses. Viable also predicts financial outcomes and optimizes for growth, profit, or cash flow. Designed by e-commerce finance experts, it integrates seamlessly into your success story. Key features of Viable include: - A complete and real-time view of your finances: Access current financial status at any moment. - Detailed insights on expenses by category: Analyze and optimize spending per category for better cost management. - Current and projected cash flows: Manage present finances and plan for future needs accurately. - Live income statement with margin and net profit projections: Stay on top of financial performance with real-time projections. With this integration, Shopify users can now effortlessly connect their store data with Viable, utilizing its robust financial management capabilities to enhance customer satisfaction and operational efficiency. This partnership brings powerful financial insights and streamlined financial management directly to Shopify users, promoting business growth and efficiency. We’re excited about the opportunities this partnership brings and look forward to its positive impact on our Shopify customers' financial management processes. Special thanks to Steven Haynes, Franklyn Martin and all team members involved in the project who have made this integration possible! Best wishes to Viable for a successful journey ahead! #partnership #success #shopifyapp #shopify #financialmanagement #cashflowforecasts #Viable
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One Shopify update that's been rolled out and that doesn't get mentioned enough is the new customer account option, that comes packed with features: 📦 Built-in Refund System: Shopify’s new built-in system now lets you manage partial or full shipping refunds more easily, including tracking each step in your order history. ⏲️ Every refund action is logged into the order’s timeline, offering a clear record of each step in the process. 💸 This system also automatically updates your financial summaries to reflect the refunded amounts, providing better visibility into your store’s financial health. Have you tried these features? What's your experience? #ecommerce #returns #shopify
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