Set the cut-off
Keep sales and adjustments in the correct accounting period when payouts cross month-end.
Shopify accounting topic hub
Shopify month-end close
Close Shopify with complete payout coverage, correct cut-off, reviewed journals, matched cash, and documented exceptions.
6 focused guides
What you will learn
A Shopify close is more than matching deposits. The month must include the right sales, refunds, fees, taxes, gateway balances, product costs, and late payouts—even when those events cross different reporting dates.
Use this hub to build a repeatable close, apply a defensible cut-off, review the work before posting, and scale the process without filling QuickBooks with unnecessary transaction detail.
Review completeness
Confirm payout, tax, gateway, COGS, journal, clearing, and bank coverage before sign-off.
Scale the process
Use controlled summaries, exception reviews, and evidence packs as order volume increases.
Continue through the topic
Every guide in this hub.
Follow the sequence or choose the specific accounting problem you need to solve.
Month-end close
Month-end cut-off for Shopify sales, refunds and payouts
Decide which month Shopify sales, refunds, fees and payouts belong in, then close QuickBooks without losing late activity or moving revenue to the bank date.
9 min read →BookkeepingCash vs accrual accounting for Shopify stores
Choose cash or accrual accounting for a Shopify store without confusing sales, payouts and bank deposits. Includes a worked example and QuickBooks setup.
9 min read →Payout controlsWhat your accountant should review before posting Shopify payouts
Use this Shopify payout review checklist before posting to QuickBooks. Check completeness, tax, refunds, fees, mappings, clearing and bank evidence.
9 min read →Scaling operationsHow high-volume Shopify stores keep QuickBooks clean
Keep QuickBooks usable as Shopify order volume grows. Learn when to use payout summaries, how to preserve detail, and which controls prevent duplicates and messy closes.
9 min read →Month-end closeA month-end close checklist for Shopify merchants
A repeatable Shopify accounting close covering payout completeness, taxes, COGS, QuickBooks journals, and bank matching.
9 min read →A practical route
Use this hub in three passes.
- 01
Use the complete bookkeeping guide to understand the full monthly workflow.
- 02
Apply the cut-off guide and close checklist to the period being closed.
- 03
Finish with accountant review, clearing checks, and documented sign-off.