Shopify Accountants | Chartered Shopify Accounting Services

Chartered Shopify accounting services for online stores.

Pineapple Accounts are a trusted partner for Shopify accountant services. Our team of experienced professionals understands the unique financial needs of e-commerce businesses and is here to help streamline your accounting processes and maximise your Shopify store's potential.

You can hand over the financial complexities of accounting and Shopify bookkeeping to our team, and benefit from our streamlined processes, expert guidance, and actionable insights. While we handle your Shopify accounting needs, you can focus on what you do best—running and growing your online store.

Get a free quote using our quote calculator below, or speak to our accounting team via Whatsapp with any queries.

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Xero Shopify Accounting

At Pineapple Accounts, we specialise in integrating Xero, a leading cloud-based accounting software, with your Shopify store. Xero offers powerful features and seamless integrations that allow you to streamline your financial processes, save time, and make informed business decisions.

Why Use Xero for Shopify?

Xero is designed to meet the unique needs of eCommerce businesses, and when combined with Shopify, it becomes a powerful tool for managing your online store’s accounts.

There are many reasons why the Pineapple team choose to use Xero for our accounting, including:

Real-time Financial Insights: With Xero, you can gain a clear view of your business's finance at any time. Track sales, expenses, and cash flow in real-time to make data-driven decisions and identify areas for growth.
Automated Data Syncing: Xero seamlessly integrates with Shopify, automatically importing your sales, expenses, and other financial data. It eliminates the need for manual data entry and tedious reconciliations, as Xero keeps your books up to date with minimal effort.
Inventory Management: Xero offers robust inventory management features that allow you to track stock and inventory, manage purchase orders, and streamline your order fulfilment processes.
Multi-currency Support: If your Shopify store operates in multiple currencies, Xero has you covered. It enables you to manage transactions, invoices, and reports in different currencies, providing accurate financial records for your international operations.
Customisable Reporting: Xero's reporting capabilities allow you to generate custom reports and gain valuable insights into your Shopify business's performance by monitoring key metrics and tracking profits.

What Shopify Accounting Services Do We Offer?

We offer a range of key services for Shopify businesses to allow you to hand over the dull, tedious accounts side of running an online store to allow you to focus on other core areas like business growth.

Our Shopify accountants offer the following services to our clients:

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Why Work with Specialist Shopify Accountants?

When it comes to managing the financial aspects of your Shopify business, partnering with specialist Shopify accountants like Pineapple Accounts can make all the difference. With our expertise, customised solutions, comprehensive KPI management, and guidance, we can provide the reliable, key financial information you need to make smart business decisions.

In-depth Knowledge of Shopify: A specialist Shopify accountant will have a much deeper understanding of the Shopify platform and its unique accounting requirements. Our team are familiar with its integrations, payment gateways, inventory management systems, and order fulfilment processes. This allows us to provide completely accurate and efficient accounting processes tailored specifically to your Shopify store.
eCommerce Accounting Expertise: eCommerce accounting involves complexities that are different from traditional brick-and-mortar businesses. Specialised Shopify accountants are well-versed in areas such as tracking online sales, managing multiple sales channels, handling digital transactions, calculating shipping costs, and accounting for discounts and refunds. This specialised knowledge helps ensure accurate financial reporting and compliance with eCommerce accounting regulations.
Tax Compliance and Planning: Tax regulations for eCommerce businesses can be complex and overwhelming to keep on top of. Specialist Shopify accountants stay up to date with the latest tax laws and regulations relevant to online stores to help you navigate sales tax, VAT, international tax obligations, and tax deductions. Specialist expertise ensures that your business remains compliant and helps you optimise your tax planning strategies.
Business Growth Support: Specialist Shopify accountants can act as trusted advisors, providing guidance that allows business growth. Our team can help you to set realistic financial goals, develop budgets and forecasts, and work to meet these targets. Our extra insights and recommendations based on your financial data can allow you to expand your product offerings, optimise pricing, and scale your operations.

In summary, working with specialist Shopify accountants brings a wealth of Shopify-specific knowledge and eCommerce accounting expertise that you wouldn’t necessarily have access to with a regular accountant.

Why Choose Pineapple?

eCommerce Accounting Specialists: At Pineapple Accounts, we provide comprehensive eCommerce accounting services tailored specifically to businesses with online stores. Our deep understanding of the Shopify platform allows us to navigate its intricacies and optimise your financial operations to ensure your accounts are being managed in the most efficient and profitable manner possible.
Expert Guidance and Support: Managing the financial aspects of your Shopify store can be complex and time-consuming. Our team of skilled, chartered accountants will provide you with expert guidance and support, ensuring accurate financial reporting, tax compliance, and proactive financial planning. With us by your side, you can focus on growing your business while we take care of the boring numbers.
Streamlined Accounting Processes: We believe in efficiency and streamlined processes. Our accountants are well-versed in using advanced accounting software integrations and automation tools to simplify your bookkeeping, inventory management, and order tracking. By leveraging technology, we help you save time, reduce errors, and gain valuable insights into your business's financial health.
Customised Solutions for Shopify Stores: We understand that each eCommerce business is unique, which is why we offer personalised accounting solutions tailored to your specific needs and goals. Whether you're a small startup or a thriving online retailer, we adapt our services to match the scale and complexity of your Shopify store, in exchange for one set monthly fee.
Comprehensive Services: Our range of Shopify services covers every aspect of your eCommerce accounting requirements. From getting you set up with us and switching accountants seamlessly, and reconciling your bank accounts to handling tax compliance and financial reporting, we've got you covered. We are committed to providing accurate, timely, and reliable financial information that empowers you to make informed business decisions.
Data Security and Confidentiality: We prioritise the security and confidentiality of your financial data. Our team uses Xero accounting software, which adheres to the highest industry standards to ensure your information and financial data are protected at all times.
Proactive Insights and Reporting: Our team believes in more than just handling your accounts and stopping there; we provide valuable insights and analysis through regular financial reports and KPI dashboards for our Gold Plan clients. By understanding the story behind your numbers, you can identify trends and make strategic decisions that drive the growth of your Shopify store.

Get Started with our Monthly Shopify Accounting Plans

From only £25 per month, you can receive complete management of your Shopify store’s accounts and taxes, preparation and submission of tax returns, and benefit from online access to support from a chartered accountant whenever needed.

Browse our monthly accounting packages below to find the right option for you or get in touch if you require a bespoke Black Plan or have any queries.

Bronze

From £25+ VAT per month

Accounts & Taxes
Registration of business with Companies House & HMRC
Preparation of accounts
Preparation of business taxes
Pineapple support on Whatsapp with a chartered accountant
Pineapple Portal to e-sign documents securely
References for finance and mortgage applications

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Silver

From £102.50+ VAT per month

All included in the Bronze package
VAT Returns
Payroll

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Gold

From £142.50+ VAT per month

All included in both Bronze and Silver packages
Expense Software
Xero Accounting Software
Debt Recovery
Bookkeeping & Reconciliation
Live Management Reporting accounts with KPI reporting

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Black

Bespoke Price+ VAT per month

If your company doesn’t fit with one of our monthly packages, we can offer a bespoke designed Black plan to suit your complex situation. Speak to one of our chartered accountants today to receive a bespoke quote for a tailored service.

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FAQ's

Can Shopify be used for accounting?

Shopify is primarily an eCommerce platform that allows businesses to create online stores and manage their sales, inventory, and customer data. While Shopify provides a range of built-in financial and reporting features, it is not designed to function as a comprehensive accounting system on its own.

To maintain accurate and compliant financial records, businesses using Shopify are best to integrate with accounting software that allows for a seamless transfer of sales, inventory, and financial information from Shopify to a more robust accounting solution.

At Pineapple Accounts, we integrate our Shopify clients with accounting software Xero, which allows you to effectively handle bookkeeping, invoicing, expense tracking, tax management, and financial reporting. This integration ensures that all relevant data from Shopify is properly recorded, reconciled, and organised in accordance with accounting principles and standards.

What does a Shopify bookkeeper do?

A Shopify bookkeeper specialises in managing the financial transactions and records related to a business's Shopify store. Their role is to ensure accurate and organised bookkeeping specific to the Shopify platform. Some key responsibilities include sales and revenue tracking, transaction management, financial reporting, ensuring tax compliance, and managing integrations with accounting software like Xero.

Overall, a Shopify bookkeeper plays a crucial role in maintaining accurate financial records, managing transactions, and ensuring compliance for businesses operating on the Shopify platform. They help business owners focus on other key areas of their business including growth and decision-making by providing reliable and up-to-date financial information.

What accounting system works best with Shopify?

There are various accounting systems that can integrate well with Shopify and offer efficient financial management, whereby the choice of the best accounting system depends on the specific needs of your business.

When working with the Pineapple Accounts team, you can benefit from integration with Xero, a popular cloud-based accounting solution that integrates seamlessly with Shopify. Xero provides a full suite with a host of accounting features, including invoicing, bank account reconciliation, inventory management, and financial KPI reporting. Xero's integration with Shopify enables the automatic transfer of sales data, inventory updates, and customer information.

When selecting an accounting system for your Shopify store, there are various factors to consider including size, requirements, budget, and scalability. Different systems also offer varying integrations so it's best to do your research to identify the system that best aligns with your business needs.

How does the integration between Shopify and accounting software work?

What financial data can be synchronised between Shopify and accounting software?