[Featured Article!] How to reconcile e-commerce clearing accounts in QuickBooks Online

Published 24 days ago • 2 min read

Hello Reader,

You’ve been tracking sales, logging expenses, and maybe even reconciling here and there—but those Shopify payouts still aren’t matching up.

In this article, we’re breaking down one of the most common (and misunderstood) pieces of Shopify bookkeeping: e-commerce clearing accounts.

We’ll walk you through:

🔎 What clearing accounts are (and why they matter)

🛠 How to maintain them accurately month after month

💡 Steps to reconcile them in QuickBooks Online without losing your mind

If you’ve ever wondered why your sales reports say one thing, but your bank account shows another… this article is for you.

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Work with us

Have you fallen behind on your bookkeeping and need help catching up? If so, we've got great news! We are accepting new clients for Shopify bookkeeping setup, cleanup, and catch-up services. Even better news? Once we get your books all clean and caught up, we can help you stay on track with our expert monthly Shopify bookkeeping services.

Availability for these services is limited and it's 'first come first served', so don't delay. If you're interested in learning more about our Shopify bookkeeping services and exploring if we're a good fit for working together, click the link below.

Maven Academy's Shopify Bookkeeping DIY Course

We're delighted to announce the launch of our Maven Academy for Shopify sellers to provide tools and expert guidance to boost you on your journey to successfully streamlining your DIY monthly bookkeeping workflow.

Our premiere course, Shopify Bookkeeping DIY, provides a step-by-step guide for handling Shopify bookkeeping using QuickBooks Online and A2X.

For Shopify sellers, knowing how to set up your bookkeeping and integrations on your own means handling your own financials is a real possibility. With this course you'll learn what it takes to get your finances done right and keep them on track.

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The mavens at Mavency - Sandra and Jessi

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The mavens at Mavency will help you take control of your financials and make your vision a reality. We understand that most online sellers DO NOT love numbers like the Mavens do. That’s why we are here to support you so your business can flourish. We are your strategic partners ready to help you set up, organize, and streamline your finances so you can be profitable and sustainable without taking your eyes off your genius zone.