Shopify Payments Balance

evobastep
New Member
1 0 0

Hello,

 

My accountant is requesting proof of pending funds (the balance) at a specified date from my shopify store. This would seem like a pretty typical request, as shopify is acting essentially as a short term bank, holding our funds. The accountant wants to know what the amount of pending funds was at year end, so that he can report appropriately on our balance sheet.

 

Where can I determine this? Surely I can't be the only one that requires a report on this. I can get a report on just about everything else, but unable to find anywhere that I can get my balance, except the current balance as of today.

0 Likes

You'll find these details in your payments report, and your Accountant should be pulling these details for you, this process should be included in their services. I do this for all of my eCommerce clients!

0 Likes
mikkelbjensen
New Member
1 0 0

Do you mind explaining where exactly you find this report?

0 Likes
Travel111
Excursionist
22 0 5

I also cannot see the right amount or a column called 'Balance'. 

I went to Analytics > Reports > Payments - and the column headers I see are:

Payment Method - Accelerated Checkout - Credit Card - Sales Channel - Transactions - Gross Payments - Refunds - Net Payments

None of these say BALANCE and none of the amounts = what shows as the Shopify Balance in Freeagent. 

 

0 Likes