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Your path to accurate, real-time financial reporting

Accounting Seed

This divide causes your data to be disconnected and means sales opportunities and financial transactions must either be manually copied or moved through third-party tools to register on your accounting platform, often resulting in integration breaks and syncing delays.

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Latest product news — June 2022

Xero

This means your customers can open attachments (such as terms and conditions or a sales brochure) from the email itself, rather than a webpage. See your cash balance in the Xero Accounting app — Global. We’re updating the home screen of the Xero Accounting app, so you can understand your overall cash balance position.

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Does Shopify Collect Sales Tax?

Snyder

Sales tax can be complicated to calculate, as it varies from country to country and even from state to state. In the United States, for example, sales tax is collected by the seller at the time of purchase and remitted to the appropriate state tax authority. What Is Sales Tax? Does Shopify Collect Sales Tax?

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Latest product news — October 2022

Xero

Manage POs and contacts in the Xero Accounting app — Global. You can now create new purchase orders and edit existing purchase orders in the Xero Accounting app. We’ve also updated the contact list in the Xero Accounting app, so you can easily filter and sort between customers and suppliers.

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Do I Need an Accountant for My E-commerce Business?

Snyder

Although many e-commerce businesses will hire an accountant to help them with tasks such as tax filings, having efficient accounting for Shopify software can make a big difference to your finances! In this article, we’ll explain which admin functions you need, as well as how to handle your accounting and analytics.

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How Mutual Muse took circular fashion from trend to timeless

Xero

Moving online with Shopify In addition to digitising and streamlining Mutual Muse’s accounting, apps have transformed the way they’re able to do business. Enter Shopify, which allowed Mutual Muse to move its entire shopfront online, and easily sync its sales and seller payments back to Xero via the Shopify integration by Xero. “It

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Does Shopify Have Expense Tracking?

Snyder

While you can use the platform to produce reports showing your total sales, or revenue by region, the functionality is fairly limited, and not sufficient for comprehensive expense tracking. In this case, you have two options–hiring an accountant for your e-commerce business or integrating an accountancy app that will do the legwork for you.