Bookkeep

Bookkeep is accounting automation software that moves sales data from ecommerce and retail channels into a business's accounting system. Its current focus is Shopify merchants, and it also serves accountants and bookkeepers who manage several clients.

What Bookkeep offers

• Revenue accounting — turns Shopify, Amazon and PayPal sales into daily accrual-based journal summaries, recognising revenue at fulfilment.
• Deposit reconciliation — matches payouts against bank deposits in the general ledger.
• Sales tax compliance — handles filing and remittance across all fifty US states, supported by tax specialists.
• Payout splitting — divides Shopify payouts by store, franchisee or sales channel and routes funds to the right bank accounts.

Who it works with

Online direct-to-consumer brands, shops using Shopify point of sale, multi-channel sellers, multi-entity groups and franchises. Shopify agencies and implementation partners can use it for their merchants. Support for B2B stores is described as coming.

Key facts

• Integrations: Shopify, Amazon, PayPal, Square, QuickBooks Online
• Tax coverage: United States