Shopify bookkeeping USA

This comprehensive blog post on 'Shopify bookkeeping USA' will cover essential bookkeeping fundamentals for Shopify merchants, emphasizing the use of ecommerce-aware accounting workflows and integration with software like QuickBooks Online or Xero via connectors such as A2X, Link My Books, or Webgility. It will detail a recommended chart of accounts, explain how to record gross sales, sales tax, refunds, and payment processor fees, and advise on inventory and COGS management. The post will outline a regular bookkeeping cadence including weekly order checks, monthly reconciliations, and quarterly sales tax reviews. A significant portion will address sales tax compliance, explaining economic nexus under the Wayfair effect, varying state thresholds, and marketplace facilitator laws, with practical steps for registration, collection, and filing. It will also guide merchants on where to find state-specific rules, linking to state Department of Revenue websites for California, New York, and Texas. Federal reporting, specifically Form 1099-K changes and reconciliation, will be covered, highlighting the importance of detailed recordkeeping to avoid audit risks. Shopify-specific reconciliation and automation workflows will be discussed, recommending tools like Shopify Tax, TaxJar, Avalara, and accounting software integrations. Common pitfalls such as mistaking net deposits for revenue, sales tax errors, and poor recordkeeping will be addressed with solutions. The blog will adopt a state-specific content strategy, providing a national overview while offering an interactive checklist and direct links to state DOR pages, with short spotlights for major states. The post will be SEO-optimized, between 1500-2200 words, and will include a downloadable monthly/quarterly checklist and a sample chart-of-accounts snippet.