In the Linked Accounts window, you'll need to set accounts associated to Shopify Orders. GST CollectedGST collected on Shopify orders will be posted to this liability, type other liability account in AccountEdge Pro. I buy items imported from ShopifyWhen items are imported from Shopify to AccountEdge Pro, an Expense account will be set for non-inventoried items, and a Cost of Sales account will be set for inventoried items. If inventory is tracked in Shopify, imported items should track inventoryIf Shopify items are set to track inventory, when imported into AccountEdge Pro, I Inventory with the Inventory account will be set for the item in AccountEdge Pro. IncomeRevenue from all Shopify Orders will be posted to this Income account. Liability (gift cards)Payments for gift cards will be posted to this Liability account, which should be type Credit Card. When gift cards are used for purchases, the Accounts Receivable amount will be paid from this account. ExpenseNon-inventoried items will be set to I Buy, using this account, if the I buy items imported from Shopify box (above) is checked. Cost of SalesInventoried items will be set with this Cost of Sales account. AssetInventoried items will be set with this Asset account, which is usually an asset account representing inventory. |