For Etsy and Shopify sellers
Bookkeeping for Etsy and Shopify sellers
Your payouts, fees, labels and app subscriptions, categorized from your bank. See what your shop actually earned this month.
Why Etsy and Shopify sellers use Even Margin
Why shops keep their books in Even Margin
- Payouts counted as sales. Etsy and Shopify deposits arrive with their fees already taken out. Even Margin counts them as sales, so your revenue and profit match what reached your bank.
- Every shop cost in its place. Postage, labels, platform fees and app subscriptions are named and categorized, each with how confident Even Margin is and why.
- Profit you can see each month. Your profit and loss statement stays current with your bank feed, so a busy month and a good month are easy to tell apart.
Keeping the books for a shop, in four habits
- Record each payout as sales. A payout is a batch of orders after fees, so your revenue and profit already reflect what the platform kept.
- Give shop costs their own categories. Materials and supplies, shipping and postage, advertising such as Etsy Ads, and the apps that run the store.
- Keep the shop on its own account. When Miriam's candle shop has its own card, every transaction on it is a shop transaction.
- Look at your profit monthly. Payouts in, shop spending out. That one figure tells you whether the month worked.
Should I record Etsy and Shopify sales by order or by payout?
Bookkeeping from your bank works by payout: each deposit is a batch of orders after fees, and it is the money that actually reached your account. Your shop's reports hold the order-by-order detail behind it.
Where do Etsy and Shopify fees go in my books?
They come out before the payout, so recording the payout as revenue already accounts for them. Your profit comes out right, and your shop's statement shows the fees themselves if you want to see them.
How do I see my shop's profit for the month?
Add up the payouts that arrived in the month and subtract what the shop spent. Even Margin's profit and loss statement does this from your bank, and the profit margin calculator shows the same for a single product.
Does Even Margin work with my bank?
Bank connections run through Plaid, which covers thousands of US banks and credit unions, and CSV import brings in anything else.