A store owner reconciling the month beside packed orders

Bookkeeping for
online sellers

Reconciled to the cent. Reviewed by our CPA team.

What gets lost when a payout
is booked as one line.

Refunds−$1,147.25

Refunds look like lower sales.

The books lose the difference between a return, a discount, and a failed payment.

Fees−$2,307.97

Fees disappear into revenue.

Payment and marketplace fees never reach the bank, but they still belong on the P&L.

Aug 31 → Sep 2Receivable

Cash timing distorts the month.

Orders can be sold in one month and paid in another. We keep the receivable visible.

InventoryBalance sheet

Inventory purchases become COGS too early.

Buying stock is not the same as selling it. Inventory stays on the balance sheet until it moves.

A month you can
actually review.

The routine work moves automatically. The judgment calls stay visible, with the source transaction beside them.

Shopify payoutAug 12–18
$21,407.18
Gross sales$24,862.40
Refunds−$1,147.25
Fees and timing−$2,307.97
Bank depositAug 19
$21,407.18
01 · Connect the evidenceOrders, payouts, and bank activity arrive together. Store data fills in the detail a bank statement cannot show. Uploaded statements cover every bank account and historical periods.
9:41
Wednesday, August 209:41
SIMPLE TAX AInow
1 transaction to confirm

Transfer to Amex · $1,200.00

Card paymentOwner draw
02 · Resolve what needs judgmentYou review exceptions, not every transaction. Unclear vendors, owner activity, transfers, and unmatched deposits wait for a decision before anything is booked.
August booksClosed
August 2026
Reconciled1,284 transactions
Categorized100%
Confirmed by you3 items
JLAM
Reviewed by our CPA teamSep 4
03 · Close the monthApproved entries keep their evidence. The books retain the payout detail, bank match, selected account, and review history behind each entry.

CPA review

AI handles the volume.
CPAs review the accounting.

AI can collect transactions, suggest categories, and match payouts. Month-end still requires professional judgment. Our professional CPA team reviews the results before the books are finalized.

Professional CPA review included
Reconciliation reviewOrders, payouts, bank deposits, and unresolved differences.
Reviewed
Accounting treatmentExpense coding, transfers, accruals, inventory, and COGS.
Reviewed
Month-end resultsJournal entries, exception history, and financial statement readiness.
Reviewed

For owners

Built around the questions
that show up after the sale.

Why did revenue grow while cash fell?
Which channel is actually profitable after fees?
What inventory is still on the balance sheet?
Is this month ready for tax filing?

Pricing

Starter

$99 /month
Up to $500K revenue
  • 1 sales channel
  • CPA team review

Growth

$249 /month
Up to $1M revenue
  • Up to 3 sales channels
  • Inventory and COGS

Scale

$499+ /month
Over $1M or 4+ channels
  • Multiple entities
  • Dedicated CPA

FAQ

Which platforms connect?

Shopify, Amazon and other ecommerce platforms connect directly.

Do I need to connect my bank?

No. Upload your bank statements in any format.

Who reviews my books?

Our professional CPA team, every month, before it closes.

Can I start with past months?

Yes. Upload statements for earlier months and we’ll catch up.

Insights

All articles →
Payout reconciliationOct 27, 2026 · 7 min read

Your Shopify payout is not your revenue
Month-end close8 min

A practical month-end close checklist for ecommerce brands
Inventory7 min

Inventory purchases, COGS, and the balance sheet
CPA review6 min

What your CPA should review before the books are closed

Contact our team.

Tell us what you need help with. Our team will reply by email.

Best for
Ecommerce businesses in the United States and Canada
Reviewed by
Our professional CPA team
Email
info@simpletaxai.com
Sales channels

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