01
Connect your Shopify store
Setttle brings in Shopify Payments payouts and the sales, refunds, adjustments, fees, and tax evidence behind them.
Store activity connected ✓
Bookkeeping for Shopify
See every Shopify payout land in your books.
Connect your Shopify store and your bank account. Setttle brings sales, refunds, fees, tax, and FX together so you can reconcile the full settlement against the deposit that actually arrived.
Live connection · Max pilot · CAD & USD
Example payout · Sep 26
Shopify Payments
Settlement activity
- Sales and adjustments
- $8,742.60
- Refunds
- −$312.40
- Shopify fees
- −$248.74
Net payout
184 orders · 3 refunds
$8,181.46
Bank deposit
Business chequing
$8,181.46
Shopify Payment
Difference
$0.00
Matched ✓Shopify activity → payout → bankbalanced · traceable
Both sides of the payout
The store says what happened. The bank proves what landed.
Setttle connects those two records in one controlled path instead of leaving you to rebuild a payout from reports and bank memos.
02
Connect your bank account
Your bank feed provides the other side of the story: the actual deposit that reached your account.
Deposit found ✓
03
Review once, post together
Confirm the accounts, tax treatment, and any exchange rates that need judgment. Then post the payout and its reviewed activity as one complete result.
Books reconciled ✓
Settlement accounting
The net deposit is only the last line
Setttle keeps the activity behind it visible, reviewable, and linked to the journal entry it creates.
Sales and sales tax
Trace each settlement back to the sales and tax evidence Shopify provides. If tax responsibility is unclear, the affected activity waits for your decision.
orders → sales · tax payable
Refunds
Keep the refund tied to the original Shopify evidence so revenue and the related tax reverse through the right accounts.
refund → sales reversal · tax reversal
Processing fees
Review Shopify fee components and any fee tax separately. A payout total is a control, not permission to guess the expense or tax treatment.
fee type → expense · fee tax
CAD, USD, and FX
When store activity, payout currency, and your books differ, Setttle keeps the exchange-rate decision visible and records the resulting gain or loss.
source amount → rate → book amount
Review stays in the loop
Routine work moves. Judgment stays yours.
Shopify data is evidence, not posting authority. Setttle prepares the complete accounting result and stops where the evidence does.
Exact payout and bank deposit
Matched automatically for review
Known account and tax mappings
Reused consistently
Missing tax, fee, or FX detail
Held for your decision
Shopify changes settled evidence
Returned to attention
A deliberate boundary
Bookkeeping for the settlement. Not another store back office.
Keep running products, inventory, fulfilment, and point of sale in the systems built for them. Setttle takes the money trail from Shopify Payments through to reconciled books.
Inventory stays outside
Bring reviewed inventory and cost-of-goods-sold amounts into your periodic close. Setttle does not track quantities or value inventory.
Nothing posts silently
Account mappings, tax treatment, exchange rates, and uncertain matches stay reviewable before they become accounting facts.
One set of books
Shopify work uses the same Inbox, ledger, bank reconciliation, and close checks as the rest of your business.
Questions worth asking
What Shopify activity does Setttle bring into the books?
Setttle supports settlement accounting for Shopify Payments: payouts and the related sales, refunds, adjustments, processing-fee components, and available tax evidence. It does not manage products, fulfilment, inventory quantities, or point of sale.
Why do I need to connect my bank account too?
Shopify explains how a payout was assembled. Your bank proves the amount that actually arrived. Setttle matches the net payout to that deposit, then keeps the settlement activity and bank transfer tied together in the ledger.
Does Setttle post Shopify activity automatically?
No. Setttle prepares the settlement and reuses mappings you have confirmed, but ambiguous accounts, tax treatment, exchange rates, or matches stay visible for review. Provider data does not silently become a journal entry.
Can Setttle handle Shopify payouts in another currency?
Setttle supports CAD and USD bookkeeping. When a Shopify transaction or payout crosses currencies, you review the required historical rate and the books retain the resulting FX effect instead of hiding it inside a fee or deposit.
Which plan includes Shopify?
Shopify bill-charge CSV imports are available on Micro and Max. Live Shopify connections are a Max capability and are currently rolling out through an authenticated accounting pilot. See current pricing.
Follow the payout all the way to the bank
Connect Shopify Payments and your bank account. Review the exceptions, post the settlement, and know the deposit is in the books.
7-day Max trial · no credit card required