Reconciliation
Net deposit matches bank. Every time.
Automate your fee and payout reconciliation without needing a developer.
Platform fees, shipping label costs, payment processor charges, and the net payout — all mapped to separate accounts and reconciled so the sum equals exactly what lands in your bank account.
100%
Payout Match Rate
4+
Fee Types Broken Out
0
Manual Reconciliation Steps
The problem
Sound familiar?
The net deposit in your bank doesn’t match your QBO balance
You see $8,432 hit your bank account. QuickBooks shows $9,100 in gross sales. The difference — Shopify fees, processing charges, refunds — is never accounted for cleanly.
Platform fees are buried in your revenue line
When fees aren’t broken out, your gross margin looks wrong. You’re reporting 45% margin when the actual number, after separating fees, is closer to 38%.
Month-end reconciliation takes your bookkeeper half a day
Manually extracting Shopify payout reports, cross-referencing QBO, and finding the discrepancy between what synced and what deposited is slow and error-prone.
Before & after
What changes with LedgerPort
Benefits
Every fee, every deduction, every dollar — accounted for
Platform fees in their own account
Shopify's monthly plan fee doesn't belong in COGS. LedgerPort routes it to a dedicated SaaS/Software Subscriptions account — separate from transaction fees, separate from revenue.
Processing fees broken out line by line
Shopify Payments fees, PayPal charges, and Stripe processing costs each get their own entry — not merged into a single “fees” account that obscures your per-channel cost.
Shipping labels as a COGS line
Shopify Shipping charges are a cost of fulfilling orders — not an operating expense and not a revenue deduction. LedgerPort routes them to the correct COGS sub-account automatically.
Net payout reconciles to bank deposit
Gross sales minus fees minus refunds equals the net deposit. LedgerPort verifies this math on every payout — if the numbers don't balance, it flags the discrepancy before you close the month.
How it works
Get started in minutes — no engineering team required.
Payout lands in Shopify
Shopify consolidates your week’s sales, fees, and refunds into a single net disbursement. Your bank sees one deposit — LedgerPort sees the full breakdown.
Each component maps to its account
Gross revenue to income. Platform fees to operating expenses. Processing fees to merchant fees. Shipping to COGS. Each line item goes to the right account.
Net reconciles to the bank deposit
LedgerPort verifies that the sum of the components equals the net deposit amount. The reconciliation is complete before you open QuickBooks — not something you do after the fact.
Supported Integrations
Common questions
Frequently asked questions
What if a payout period spans two months?
LedgerPort handles split-period payouts correctly, accruing the relevant portion to each month rather than applying the full payout to the settlement date.
We use Shopify Payments and PayPal. Are both reconciled?
Yes. Each payment processor is treated separately with its own fee structure and payout schedule. The reconciliation math is done per processor.
What happens when a payout doesn’t balance?
If the components don’t sum to the net deposit, LedgerPort flags the discrepancy and shows you exactly which line item is off. You’re not left hunting for a $0.12 rounding error.
Does it handle Shopify Capital repayments?
Yes. Shopify Capital repayments are routed to a separate liability account, not treated as operating expenses or revenue reductions.
Explore more features
Reconcile every payout automatically.
Stop chasing discrepancies. Let LedgerPort match every fee, every deduction, and every deposit — so your books close themselves.
