08/18/2026
The number Shopify puts in your bank account is not your revenue.
Every payout already had card fees, refunds, and holds pulled out. At 2.9 percent plus 30 cents a transaction, a $10,000 month with 200 orders loses about $350 to fees before the money lands. Book the deposit as sales and you understate revenue and hide your fees in one line.
The fix: book gross sales, then fees and refunds separately, so your margin is visible.
Free Shopify Bookkeeping Checklist, the monthly routine we use with clients: https://smokymtncpas.com/shopify-bookkeeping-checklist/