eCommerce Accounting: How to Automate Shopify & WooCommerce Financials

You sell online. Your accounting should happen online too — automatically. Most Shopify and WooCommerce merchants still export CSV files and manually reconcile orders with their accounting software. That process breaks every month.

The Problem

eCommerce accounting has specific challenges:

• Orders come in 24/7 — manual entry can't keep up
• Refunds need to be properly accounted for (not just subtracted from revenue)
• GST on mixed-rate items (digital vs physical goods) needs correct treatment
• Payment processor fees (Stripe, PayPal) need to be tracked as expenses
• Multi-currency orders need proper AUD conversion

The XIntelliSync Solution

Connect Shopify (OAuth) or WooCommerce (API key) and orders flow directly into your financials:

• Revenue appears in your P&L by product category
• Refunds are tracked as separate line items — not netted from gross revenue
• GST is calculated per order based on your tax configuration
• Cash flow reflects actual payment settlement cycles
• COGS is calculated if you track inventory