1099-K Questions

Allen_Nolan
New Member
2 0 0

As I understand the 1099-K form includes Gross Sales before 1) Discounts 2) Refunds 3) Fees and anything else not gross sales.

I can generate a report that gives my Total Revenue, Discounts, Refunds for my shop, but doesn't distinguish by payment method.

 Issue is part of my sales are Paypal, Amazon and Apple Pay   I also get a 1099-K from Paypal  for Shopify sales. Therefore I know what my Gross Sales from my Shopify Payments shop  are  but I do not know this for Paypal, because all they see is whatever goes to them in sales after discounts.  Any ideas how I can extract the Discounts information from Paypal?   I would rather not upgrade to the $299 plan just for that report.  The ROI just isn't there based on my sales.   Any advice appreciated :)

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ClementG
Shopify Partner
659 0 130

Have you checked the Payments report?

https://shopify.com/admin/finances/payments

 

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ClementG
Shopify Partner
659 0 130

Actually thinking about it a bit more, you will see the refunds on that report but you won't see the discounts since discounts are not paid for (by definition)...

Even if you upgrade to the $299 plan, I'm not sure how you'd be able to get that information.

1 tricky part is that discounts are applied to orders, not transactions. And it is the transactions that are attached to a payment gateway like Paypal.

If you're willing to use an app for this, I'm thinking I could add a report that shows you what you need on my reporting app https://apps.shopify.com/betterreports

 

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Chelsea4
Shopify Staff
Shopify Staff
1 0 0

Interesting! Do you have a lot of flexibility with adding new reports to that app?

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ClementG
Shopify Partner
659 0 130

Hi Chelsea,

Yes it is very flexible and it even includes a report designer to build your own reports. Or I can build them for you...

You can try the app for free for 14 days if you would like to check it out...

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ClementG
Shopify Partner
659 0 130

Quick update, Better Reports now expose the sale's payment gateway, which makes it easy to see gross sales, refunds, discounts, shipping and taxes per gateway.

It makes it easy to see the total per gateway or the total for all gateways except Paypal (for example)

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Oliviaalex
Tourist
4 0 1

can you tell me about 1099-k?

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