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Mavency The Mavens are here to help you thrive. E-commerce bookkeeping and integrations specialists.

A clearing account is meant to be a pass-through, not a holding account. So if the balance just keeps growing, something...
10/20/2026

A clearing account is meant to be a pass-through, not a holding account. So if the balance just keeps growing, something isn’t being recorded. Usually it’s fees, refunds, or payouts matched to the wrong place.

The good news? It’s fixable. The Mavens are here to help. Send us a DM 💬

Quick fix or clean-up? Let’s find out 🩺Some bookkeeping issues take an afternoon to sort out. Others have been quietly b...
10/19/2026

Quick fix or clean-up? Let’s find out 🩺

Some bookkeeping issues take an afternoon to sort out. Others have been quietly building for months. The difference usually comes down to how long they’ve gone unnoticed. After seeing both lists... where do your books stand?

Either way, you’re not starting from scratch. The Mavens can help with both. Send us a DM 💬

These three accounts are worth a closer look:🛍️ Shopify Clearing🧾 Sales Tax Payable📦 Inventory AssetIf any of these look...
10/17/2026

These three accounts are worth a closer look:
🛍️ Shopify Clearing
🧾 Sales Tax Payable
📦 Inventory Asset

If any of these look strange, that's normal. Most sellers never get shown what to look for or why it's important. The Mavens are here to help. Send us a DM 💬

Your books are reconciled. That means they're right… right? 🤔Your books can reconcile perfectly and still have:*Shopify ...
10/16/2026

Your books are reconciled. That means they're right… right? 🤔
Your books can reconcile perfectly and still have:
*Shopify payouts booked as sales
*Sales tax counted as income
*Processing fees hiding inside deposits
*Refunds buried in the wrong month

Want a second set of eyes? The Mavens are here to help. Send us a DM 💬

A Shopify Quarterly Review is a check-up for your books. Every three months, the Mavens make sure Shopify and QBO or Xer...
10/14/2026

A Shopify Quarterly Review is a check-up for your books. Every three months, the Mavens make sure Shopify and QBO or Xero are working together, catching small issues before they become a year-end mess.

Q4 is here. Let's make this January a calm one.
Ready for your check-up? Send us a DM 💬

You change the oil, rotate the tires, and check the brakes so you're not stuck on the side of the road. But did you know...
10/13/2026

You change the oil, rotate the tires, and check the brakes so you're not stuck on the side of the road. But did you know your books need the same care?

With a Shopify Quarterly Review, the Mavens look under the hood every three months. We reconcile your payouts, check your P&L, review inventory, and track sales tax and 1099s, so small issues get fixed before they turn into a January breakdown. Ready for a tune-up? Send us a DM 💬

Get more free resources on our website at www.mavency.com

Your Shopify payout hit the bank… but is it recorded correctly? 👀  A payout isn't one sale. It's orders, sales tax, fees...
10/12/2026

Your Shopify payout hit the bank… but is it recorded correctly? 👀 A payout isn't one sale. It's orders, sales tax, fees, and refunds bundled into one deposit. Without a clearing account to sort it out, your books can quietly go off track.

Not sure how your books are set up? The Mavens are here to help. Send us a DM 💬
Get more free resources on our website at www.mavency.com

10/09/2026

If your Shopify deposits are going straight into QuickBooks as income, a clearing account is the fix! This reel walks through adding it to your chart of accounts step by step. Save this one for when you're ready to set it up!

Get more free resources on our website at www.mavency.com

Your bank deposit tells you how much money landed, but your Shopify Finances Summary report tells you why: with sales, r...
10/08/2026

Your bank deposit tells you how much money landed, but your Shopify Finances Summary report tells you why: with sales, returns, taxes, gift cards, payment methods and gross profit all in one place. Most sellers scroll right past it. But if you're doing your own books and want to understand your profitability, this report should be your starting point, not your bank feed.

Get more free resources on our website at www.mavency.com

Shopify deposited $950.You sold $1,000.So where's the other $50? 🤔Usually the answer is fees, refunds and sales tax, all...
10/08/2026

Shopify deposited $950.
You sold $1,000.
So where's the other $50? 🤔

Usually the answer is fees, refunds and sales tax, all bundled into one deposit. Your bank only shows the final number. A good bookkeeping setup breaks it back out. Get more free resources on our website at www.mavency.com

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