Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.
Rachael Calzada
Level 1

Does shopify adjust inventory in Quickbooks online? I see the invoice created in QB but not the change in inventory.

It also seems like the Shopify sales are sitting in a clearing account.  What is the correct accounting to move them out?
2 Comments 2
4Gal
Level 11

Does shopify adjust inventory in Quickbooks online? I see the invoice created in QB but not the change in inventory.

You need a 3rd party app to do so.

Shania_C
QuickBooks Team

Does shopify adjust inventory in Quickbooks online? I see the invoice created in QB but not the change in inventory.

Thank you for reaching out, @Rachael.

 

Shopify and QuickBooks Online (QBO) have different inventory tracking systems. In QBO, the inventory will only deduct if you directly invoice the customer. However, Shopify has a different tracking system for e-commerce, which is not directly adjusted to the QBO inventory. The reason why the two systems have different inventory tracking.

 

  • Create personalized invoices quickly by adding your logo and colors to a template.
  • Use QuickBooks Time and Google Calendar to add billable hours to your invoices easily.
  • Get real-time tracking.

 

Furthermore, you can explore third-party apps to provide more convenient and efficient solutions for your company's needs, as @4Gal suggested.

 

Regarding your second concern about sales sitting in a clearing account and the appropriate accounting and procedures for moving them out, it's recommended that you seek the advice of a professional accountant. Consulting with an accountant will help ensure records are accurate and error-free.

 

I hope this helps! Feel free to stop by if you have more questions. Keep Safe!

 

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.

Need to get in touch?

Contact us