Accounting
Shopify Accounting
Exchange Accounting Overview (Basic)
OVERVIEW This article is a brief primer on exchange accounting complications. After reviewing this article, Loop suggests visiting Exchange Accountin...
Exchange Accounting Overview (Advanced)
OVERVIEW This article is a more detailed continuation of Exchange Accounting Overview (Basic) . Loop recommends reviewing the introductory overview b...
The Loop Discount
OVERVIEW This article describes the Loop Discount feature, how to configure it, and which considerations merchants should keep in mind when deciding o...
Accounting and Reconciliation Overview
OVERVIEW This article describes the basics behind the reconciliation process that merchants must follow to make their Shopify reporting accurate. Merc...
Accounting with Loop (Optional)
OVERVIEW Reconciliation is recommended for exchanges and gift cards due to limitations within Shopify around returns. It’s important to understand the...
Third-Party Accounting
Loop + AvaTax
OVERVIEW Loop is configured to properly account for taxes in Shopify's native tax reporting. However, if you're managing tax reporting in AvaTax, the ...
Third-Party Accounting and Reconciliation
OVERVIEW This article provides general accounting tips and guidance to merchants using third-party systems outside of Shopify to reconcile their sales...
Shopify Return Reporting Changes (2024)
OVERVIEW Recently, Shopify has been making changed to how returns are handled in advance of supporting native exchanges. As a result, some things have...