{"id":18077,"date":"2026-09-21T08:09:40","date_gmt":"2026-09-21T08:09:40","guid":{"rendered":"https:\/\/myiva.co\/usa\/?p=18077"},"modified":"2026-09-23T08:38:26","modified_gmt":"2026-09-23T08:38:26","slug":"ecommerce-reconciliation","status":"publish","type":"post","link":"https:\/\/myiva.co\/usa\/blog\/ecommerce-reconciliation\/","title":{"rendered":"eCommerce Reconciliation: How to Reconcile Shopify, Amazon, Stripe &amp; PayPal Payouts"},"content":{"rendered":"\n<p>Your Shopify dashboard says you sold $12,000 last week. Your bank received $10,870. Somewhere between the two are fees, refunds, reserves, and chargebacks, and unless you reconcile every payout, you cannot be sure the gap is correct.<\/p>\n\n\n\n<p>This process is the backbone of accurate <a href=\"https:\/\/myiva.co\/usa\/blog\/ecommerce-bookkeeping-guide\/\">ecommerce bookkeeping<\/a>, without it, your books show cash movement, not real performance.<\/p>\n\n\n\n<p>Your finances are impacted by each online purchase in multiple ways. Revenue is collected from the consumer, processing costs are paid, the cost of the product is accounted for, shipping cost is covered, and a refund or return may be handled later. Manually handling these tasks can quickly result in mistakes.<\/p>\n\n\n\n<p>This guide shows you how to reconcile payouts from Shopify, Amazon, Stripe, and PayPal step by step, using clearing accounts, daily checks, and a monthly close checklist.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Payouts are net amounts, so reconcile gross sales, fees, and refunds, not just deposits.<\/li>\n\n\n\n<li>Use one clearing account per platform; a zero balance proves the payout is complete.<\/li>\n\n\n\n<li>Reconcile Amazon by settlement period and Shopify, Stripe, and PayPal by payout.<\/li>\n\n\n\n<li>Investigate discrepancies quickly, while platforms will still correct errors.<\/li>\n\n\n\n<li>Document every reconciliation and have someone other than the preparer review it.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What Is eCommerce Reconciliation?<\/h2>\n\n\n\n<p>eCommerce reconciliation is the process of matching every sale, refund, fee, and payout from platforms like Shopify, Amazon, Stripe, and PayPal to your accounting records and bank deposits. It confirms that gross sales, platform deductions, and net deposits all agree, so your books show true revenue and profit.<\/p>\n\n\n\n<p>Unlike a physical store with one register and one daily deposit, online sellers deal with several channels, payment methods, and payout schedules at once. That is why eCommerce reconciliation needs a repeatable system rather than a quick glance at the bank balance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Types of eCommerce Reconciliation<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Type<\/th><th>What you match<\/th><\/tr><\/thead><tbody><tr><td>Order-to-payment<\/td><td>Every order in your store against a completed payment in your processor<\/td><\/tr><tr><td>Payout-to-bank<\/td><td>Each platform payout against the deposit in your bank account<\/td><\/tr><tr><td>Fees and commissions<\/td><td>Charged fees against the platform\u2019s published rates<\/td><\/tr><tr><td>Refunds and chargebacks<\/td><td>Refunds issued and disputes lost against amounts deducted from payouts<\/td><\/tr><tr><td>Sales tax<\/td><td>Tax collected against your liability account and marketplace-collected amounts<\/td><\/tr><tr><td>Inventory<\/td><td>Units sold, shipped, and returned against stock records and FBA reports<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Why Your Payouts Never Match Your Sales<\/h2>\n\n\n\n<p>After subtracting fees, refunds, reserves, shipping costs, or other changes, platforms like Amazon, Shopify, Etsy, and payment processors may deposit a net amount. Recording only the bank deposit hides significant costs and understates sales.<\/p>\n\n\n\n<p>The most common reasons a payout differs from your sales report are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Platform fees: payment processing, marketplace referral, and fulfillment fees are deducted before payout.<\/li>\n\n\n\n<li>Refunds and chargebacks: returns issued this period reduce this period\u2019s payout, even for older orders.<\/li>\n\n\n\n<li>Reserves and holds: platforms may hold part of your balance and release it later.<\/li>\n\n\n\n<li>Payout timing: orders placed near the end of a period often land in the next payout.<\/li>\n\n\n\n<li>Taxes and adjustments: marketplace-collected sales tax, reimbursements, and currency conversions change the net amount.<\/li>\n\n\n\n<li>Split payments: buy-now-pay-later plans, gift cards, and discounts change what is collected per order.<\/li>\n<\/ul>\n\n\n\n<p>Example: Assume a buyer purchases $1,000 in merchandise through Shopify. After a $50 refund and a $30 payment fee, the deposited total might be $920. Your books should normally describe the transaction as $1,000 in sales, a $50 refund (recorded to Sales Returns &amp; Allowances), and a $30 processing fee. The $920 bank deposit should then be reconciled with those entries.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why eCommerce Reconciliation Matters<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">It Shows Your True Profit<\/h3>\n\n\n\n<p>Gross sales are not the same as take-home profit. Inventory costs, shipping, promotion, marketplace commissions, payment processing fees, discounts, refunds, and chargebacks are additional expenses that online merchants must take into consideration. Reconciliation separates these amounts so you can see which products and channels actually make money.<\/p>\n\n\n\n<p>This is exactly the kind of gap a dedicated ecommerce accountant is trained to catch before it distorts your margins.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">It Supports Accurate Tax Reporting<\/h3>\n\n\n\n<p>Businesses must keep records that accurately reflect their income and expenses, according to IRS regulations. Form 1099-K reports your gross payments, not your net deposits, so only books that record gross sales will agree with it. (Source: <a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/recordkeeping\" rel=\"nofollow noopener\">IRS, Recordkeeping<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">It Improves Cash-Flow Management<\/h3>\n\n\n\n<p>Even with high sales, an eCommerce business may still struggle to make ends meet. Reserves, delayed payouts, and refunds all affect when cash is actually available.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">It Catches Errors, Fraud, and Disputes Early<\/h3>\n\n\n\n<p>Unreconciled payouts hide duplicate fees, missing reimbursements, and unauthorized transactions. Spotting chargebacks quickly also leaves time to submit evidence before the dispute deadline.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Reconcile eCommerce Payouts: Step-by-Step<\/h2>\n\n\n\n<p>Use this process for every platform that pays you, whether Shopify, Amazon, Stripe, PayPal, Etsy, or Walmart:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Download the payout or settlement report for the period from each platform.<\/li>\n\n\n\n<li>Create a clearing account for each platform in your accounting software.<\/li>\n\n\n\n<li>Record each payout\u2019s gross sales, refunds, fees, taxes, and adjustments to that clearing account.<\/li>\n\n\n\n<li>Record the net payout as a transfer from the clearing account to your bank account.<\/li>\n\n\n\n<li>Match that transfer to the actual deposit on your bank statement.<\/li>\n\n\n\n<li>Confirm the clearing account balance returns to zero, or equals only payouts still in transit.<\/li>\n\n\n\n<li>Investigate any difference line by line against the platform report.<\/li>\n\n\n\n<li>Document what you found, have someone review it, and close the month.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How Clearing Accounts Make Reconciliation Work<\/h2>\n\n\n\n<p>A clearing account is a temporary holding account for one platform. Sales, refunds, and fees flow in, the net payout flows out, and the balance should return to zero. If it does not, something is missing.<\/p>\n\n\n\n<p>Here is the $1,000 Shopify example recorded through a clearing account. In each entry, the first account is debited and the second is credited.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Entry<\/th><th>Debit<\/th><th>Credit<\/th><\/tr><\/thead><tbody><tr><td>Sale: Shopify Clearing \/ Sales<\/td><td>$1,000<\/td><td>$1,000<\/td><\/tr><tr><td>Refund: Sales Returns &amp; Allowances \/ Shopify Clearing<\/td><td>$50<\/td><td>$50<\/td><\/tr><tr><td>Fee: Merchant Processing Fees \/ Shopify Clearing<\/td><td>$30<\/td><td>$30<\/td><\/tr><tr><td>Payout: Bank \/ Shopify Clearing<\/td><td>$920<\/td><td>$920<\/td><\/tr><tr><td>Shopify Clearing ending balance<\/td><td>$0<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">How to Reconcile Shopify Payouts<\/h2>\n\n\n\n<p>Online platform payouts are generally net amounts, which is why solid <a href=\"https:\/\/myiva.co\/usa\/expertise\/amazon-accountants\/\"><strong>Shopify accounting<\/strong><\/a> starts with the payout report, not the bank deposit.<\/p>\n\n\n\n<p>Start from the Payouts page in your Shopify admin and export the transactions for each payout. Each Shopify Payments payout lists the charges, refunds, fees, chargebacks, and adjustments it includes.<\/p>\n\n\n\n<p>A Shopify payout may include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross product sales.<\/li>\n\n\n\n<li>Discounts and gift cards.<\/li>\n\n\n\n<li>Refunds and chargebacks.<\/li>\n\n\n\n<li>Shopify Payments deposits.<\/li>\n\n\n\n<li>Payment-processing fees.<\/li>\n\n\n\n<li>Shipping income and shipping charges.<\/li>\n\n\n\n<li>Sales-tax information.<\/li>\n\n\n\n<li>Returns and other adjustments.<\/li>\n<\/ul>\n\n\n\n<p>Orders paid through PayPal, Shop Pay Installments, or manual methods do not appear in Shopify Payments payouts, so reconcile them separately.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Reconcile Amazon Settlement Reports<\/h2>\n\n\n\n<p>Amazon sellers must link the relevant Seller Central account and marketplace area to their accounting system for proper <a href=\"https:\/\/myiva.co\/usa\/blog\/amazon-bookkeeping-guide-for-us-sellers\/\"><strong>Amazon bookkeeping<\/strong><\/a>. Amazon settlement reports may include product sales, refunds, referral fees, delivery charges, storage fees, advertising expenses, reimbursements, reserves, and other changes.<\/p>\n\n\n\n<p>When you reconcile each settlement, make sure to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Import Amazon settlement data.<\/li>\n\n\n\n<li>Separate gross sales from refunds.<\/li>\n\n\n\n<li>Record referral and fulfillment fees.<\/li>\n\n\n\n<li>Track advertising and storage expenses.<\/li>\n\n\n\n<li>Record reserves as a receivable until Amazon releases them.<\/li>\n\n\n\n<li>Check that FBA reimbursements for lost or damaged inventory actually arrived.<\/li>\n\n\n\n<li>Set aside for <a href=\"https:\/\/myiva.co\/usa\/blog\/amazon-seller-taxes\/\">Amazon seller taxes<\/a>, referral fees and FBA charges reduce your payout but don&#8217;t reduce your gross reportable income.<\/li>\n<\/ul>\n\n\n\n<p>A marketplace deposit does not necessarily equal total customer sales. It is generally the amount left after Amazon has deducted fees, refunds, reserves, and other adjustments. Recording merely that deposit can make revenue appear lower than it was, making expense analysis difficult.<\/p>\n\n\n\n<p>Amazon settlements typically cover a two-week period that does not line up with your month-end, so match each settlement as a whole rather than by calendar month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Reconcile Stripe and PayPal<\/h2>\n\n\n\n<p>Stripe groups many charges, refunds, and fees into each payout. Use Stripe\u2019s payout reconciliation report to see exactly which transactions a payout contains, then record them through a Stripe clearing account.<\/p>\n\n\n\n<p>PayPal works differently, because money can sit in your PayPal balance. Treat PayPal like a bank account in your books, reconcile it to the monthly PayPal statement, and record transfers to your bank as transfers, not income.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Investigate and Resolve Discrepancies<\/h2>\n\n\n\n<p>When a clearing account will not return to zero, compare it line by line with the platform report. Most differences come from a handful of causes:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Cause<\/th><th>How to fix it<\/th><\/tr><\/thead><tbody><tr><td>Timing difference<\/td><td>Record the payout as in transit and confirm it clears in the next period.<\/td><\/tr><tr><td>Unrecorded fee or adjustment<\/td><td>Post the missing fee from the payout report to the correct expense account.<\/td><\/tr><tr><td>Refund or chargeback missed<\/td><td>Record it in the period it was deducted, not when the order was placed.<\/td><\/tr><tr><td>Duplicate entry<\/td><td>Delete the duplicate and check your sync settings so it does not repeat.<\/td><\/tr><tr><td>Missing payout or reimbursement<\/td><td>Open a case with the platform, keeping the order and payout IDs as evidence.<\/td><\/tr><tr><td>Currency conversion<\/td><td>Record the exchange difference as a gain or loss, not as sales.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Keep a running log of open items with the date, amount, and owner. Anything unresolved after 30 days should be escalated, because aged items are the ones that end up written off.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Daily Reconciliation Checks: Catching Payment Problems Early<\/h2>\n\n\n\n<p>A daily reconciliation involves analyzing eCommerce orders, payment statuses, refunds, fees, payouts, and bank deposits. It helps sellers identify failed payments, missed deposits, duplicate transactions, and chargebacks before they impact cash flow or fulfillment.<\/p>\n\n\n\n<p>Review these items each day:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Orders marked paid, pending, canceled, or failed.<\/li>\n\n\n\n<li>Payment-processor transactions and refunds.<\/li>\n\n\n\n<li>Shopify, Amazon, Stripe, or PayPal payouts.<\/li>\n\n\n\n<li>Processing fees, marketplace commissions, and chargebacks.<\/li>\n\n\n\n<li>Deposits received in the business bank account.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Real-Life Example<\/h3>\n\n\n\n<p>A Shopify customer places a $300 order for three items. The order shows a pending payment status, but the payment fails before it settles. Without daily reconciliation, the seller may ship the order and lose both the merchandise and the shipping cost.<\/p>\n\n\n\n<p>A daily review would show:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shopify order status: Payment pending.<\/li>\n\n\n\n<li>Payment processor status: Failed.<\/li>\n\n\n\n<li>Bank account: No matching deposit.<\/li>\n\n\n\n<li>Action: Hold the order and request another payment method.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Monthly eCommerce Reconciliation Checklist<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Every payout for the month is recorded through its platform clearing account.<\/li>\n\n\n\n<li>Each clearing account balance is zero or equals payouts in transit.<\/li>\n\n\n\n<li>Bank, credit card, and PayPal balances match their statements.<\/li>\n\n\n\n<li>Refunds and chargebacks are recorded in the period they occurred.<\/li>\n\n\n\n<li>Amazon reserves and reimbursements are tracked and released amounts are recorded.<\/li>\n\n\n\n<li>Sales tax collected sits in a liability account, not in revenue.<\/li>\n\n\n\n<li>Gross sales by platform are on track to agree with any Form 1099-K you receive.<\/li>\n<\/ul>\n\n\n\n<p><em>Under current federal rules, platforms issue <a href=\"https:\/\/irs.gov\/newsroom\/irs-issues-faqs-on-form-1099-k-threshold-under-the-one-big-beautiful-bill-dollar-limit-reverts-to-20000\" rel=\"nofollow noopener\">Form 1099-K<\/a> only when gross payments exceed $20,000 and transactions exceed 200 in a year, but all income is taxable either way.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Common eCommerce Reconciliation Mistakes<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Recording net payouts as revenue:<\/strong> Booking only the deposit understates sales and hides platform fees.<\/li>\n\n\n\n<li><strong>Ignoring sales-tax liabilities:<\/strong> Sales tax collected from customers is not considered business income and must be tracked separately for accurate reporting.<\/li>\n\n\n\n<li><strong>Overlooking refunds and returns:<\/strong> Returns, chargebacks, and refunds must be recorded immediately to ensure that sales and profit data are accurate.<\/li>\n\n\n\n<li><strong>Missing small recurring costs:<\/strong> App subscriptions, advertising fees, fulfillment charges, and merchant fees can accumulate and should be classified consistently. Clean categories also help you claim every eligible <a href=\"https:\/\/myiva.co\/usa\/blog\/ecommerce-tax-deductions-for-us-online-sellers\/\">eCommerce tax deduction<\/a>.<\/li>\n\n\n\n<li><strong>Waiting until tax season: <\/strong>Updating records only once a year makes it difficult to detect inaccuracies and restricts the usefulness of cash flow and profitability insights.<\/li>\n\n\n\n<li><strong>Reconciling by calendar month instead of by payout:<\/strong> Payouts that span two months will never tie out this way.<\/li>\n\n\n\n<li><strong>Leaving clearing accounts unreconciled:<\/strong> A clearing account that never returns to zero signals missing fees, refunds, or deposits.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">eCommerce Reconciliation Best Practices<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Reconcile on a fixed schedule:<\/strong> daily checks, each payout on arrival, and a full close monthly.<\/li>\n\n\n\n<li><strong>Use consistent IDs:<\/strong> keep order, payout, and settlement IDs in your entries so every amount can be traced.<\/li>\n\n\n\n<li><strong>Separate duties:<\/strong> the person who records transactions should not be the only one who reconciles them. In a small business, the owner can review the bookkeeper\u2019s work.<\/li>\n\n\n\n<li><strong>Keep an audit trail:<\/strong> save payout reports and reconciliation notes with your records, generally for at least three years.<\/li>\n\n\n\n<li><strong>Track a few metrics:<\/strong> unreconciled balance at month-end, number of open items, and average days to resolve them.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Tools That Automate Payout Reconciliation<\/h2>\n\n\n\n<p>Accounting software such as QuickBooks Online, Xero, and Zoho Books can import bank feeds and platform data, but most sellers add a connector app for payout-level reconciliation.<\/p>\n\n\n\n<p>Connector apps such as A2X, Synder, and Link My Books summarize each Shopify payout or Amazon settlement into one journal entry that splits out sales, fees, refunds, and taxes and matches the exact bank deposit. That turns reconciliation into a quick review instead of hours of manual matching.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">When to Hand Reconciliation to a Professional<\/h2>\n\n\n\n<p>Doing it yourself works for a single-channel store with a few payouts a month. Consider professional help when you sell on several platforms, reconciliation takes more than a day each month, discrepancies roll over from month to month, or you are months behind. Our <a href=\"https:\/\/myiva.co\/usa\/services\/catch-up-bookkeeping-services\/\">Catch-up Bookkeeping<\/a> service brings overdue reconciliations current, and <a href=\"https:\/\/myiva.co\/usa\/services\/clean-up-bookkeeping-services\/\">Clean-up Bookkeeping<\/a> fixes books that were reconciled incorrectly. For tax planning and filing, work with an <a href=\"https:\/\/myiva.co\/usa\/expertise\/ecommerce-accountants\/\">eCommerce CPA<\/a>.<\/p>\n\n\n\n<p>Consider professional help when you sell on several platforms, reconciliation takes more than a day each month, discrepancies roll over from month to month, or you are months behind. Our <a href=\"https:\/\/myiva.co\/usa\/services\/catch-up-bookkeeping-services\/\">Catch-up Bookkeeping service<\/a> brings overdue reconciliations current, and <a href=\"https:\/\/myiva.co\/usa\/services\/clean-up-bookkeeping-services\/\">Clean-up Bookkeeping<\/a> fixes books that were reconciled incorrectly. Talk to MyIVA about <a href=\"https:\/\/myiva.co\/usa\/services\/bookkeeping-services\/\">bookkeeping services<\/a> built for multi-channel sellers, or work with an <a href=\"https:\/\/myiva.co\/usa\/expertise\/ecommerce-accountants\/\">ecommerce accountant<\/a> for tax planning and filing.<\/p>\n\n\n\n<div class=\"wp-block-group cta-section is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Need help getting your payouts to tie out? Talk to MyIVA&#8217;s eCommerce CPAs about having your reconciliations done for you.<\/h3>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\">Get Your Quote<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">People Also Ask:<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1789995643523\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why doesn\u2019t my Shopify payout match my sales?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Shopify deducts processing fees, refunds, chargebacks, and adjustments before paying out, and orders near the end of a period may fall into the next payout. Reconcile each payout\u2019s transaction list to find the exact difference.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1789995645007\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is a clearing account in eCommerce accounting?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A clearing account is a temporary account for one sales platform. Gross sales, refunds, and fees are recorded in it, the net payout is transferred out, and a zero balance confirms the payout is fully reconciled.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1789995645830\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why doesn\u2019t my Form 1099-K match my bank deposits?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Form 1099-K reports gross payments before fees, refunds, and chargebacks, while your bank shows net payouts. Compare the form to gross sales in your books instead.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>Payouts from Shopify, Amazon, Stripe, and PayPal will almost never equal your sales, and that is exactly why eCommerce reconciliation matters. Recording only bank deposits hides fees, refunds, and chargebacks and produces misleading financial reports. Record every payout through a platform clearing account, reconcile each one when it arrives, and close every month with a checklist, so missing deposits, failed payments, and duplicate transactions surface while you can still fix them.<\/p>\n\n\n\n<p>Need help getting your payouts to tie out? <a href=\"https:\/\/myiva.co\/usa\/contact-us\/\">Talk to MyIVA Accounting<\/a> about having your reconciliations done for you.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your Shopify dashboard says you sold $12,000 last week. Your bank received $10,870. Somewhere between the two are fees, refunds, reserves, and chargebacks, and unless you reconcile every payout, you cannot be sure the gap is correct. This process is the backbone of accurate ecommerce bookkeeping, without it, your books show cash movement, not real [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":18091,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-18077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce"],"_links":{"self":[{"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/posts\/18077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/comments?post=18077"}],"version-history":[{"count":0,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/posts\/18077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/media\/18091"}],"wp:attachment":[{"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/media?parent=18077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/categories?post=18077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myiva.co\/usa\/wp-json\/wp\/v2\/tags?post=18077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}