Title Replies Last Post
Taxes Mexico

I would like to explore the topic of ecommerce business taxes in Mexico in order to better help merchants develop their online stores. As you all know this country has very specific needs with regards to electronic invoices and CFDIS as they are called. Please feel free to contribute and join the discussion.

May 15 2018 by Tomás | Kameleon ...
Same display price with and without tax?

Hello, I'm considering an option to dispaly the same price to everyone in my store dispite where in the world the customer is located but only buyers from EU (where my shop is located) will have VAT included in the price. The non-EU-based customers will have 0% VAT but will pay the same dispalyed price that the EU customers. An examle The dispalyed product price is 100€ for everyone wo...

May 11 2018 by Airla
Product taxes - Help!

Hi there, i have been researching for quite awhile about charging taxes on shopify products. I am based in Malaysia and sales will probably be targeted around the world. Do I have to charge taxes on products for all the sales to be made in my store? Please help! Thanks!

May 3 2018 by Aria
Shopify & Quickbooks Don't Talk Anymore

I have been using the App to link Shopify to Quickbooks for the last year and all was going great till I went VAT registred and now that I have changed the tax settings to 'taxes included in my prices' the export no longer works.  All I get is a long list of error messages 15 Errors for this export SWRS17-1459 — There was an error. Retry or manually export the order. SWRS17-...

Apr 25 2018 by Polaris Tax & Accounting

Greetings! I will be opening my online store in few days. Excited and nervous.  I have a question about nexus.  Would the location of my dropshipping stores ( at the moment just two ) be considered nexus?  I will have products shipping from my house ( FL ). THANK YOU!

Apr 25 2018 by Polaris Tax & Accounting
Destination based sales tax from out of state sales on NON Shopify Plus ...

So it appears there is a major hole in Shopify's tax calculations that will cause many sellers major tax collection issues and Shopify does not have a solution to solve the problem.  I'll use Arizona as an example. Arizona is an origin-based sales tax state for orders shipped from within Arizona. Meaning if you ship an order to Arizona from Arizona you collect tax based on your business loca...

Apr 24 2018 by Polaris Tax & Accounting
Bookkeeping with Shopify and Amazon FBA

I sell my products on Amazon FBA, and Shopify and I currently use Shopify/Shipstation to handle all my shipping needs. My question is: how do you guys manage your books using both Shopify and Amazon platforms? All I see is services and features that I have to get together just for it to work. Example: - Xero ($10) + Stitch Labs ($79) to connect to Shopify/Amazon - Xero ($10) + A2XAc...

Apr 24 2018 by Polaris Tax & Accounting
How not to charge VAT to non European and USA - Please help!

Hi there,    I am VAT registered and VAT is aready added to my retail prices on the eshop.  Let's say I sell a product at £120. This has already VAT included in it. (£100 + VAT = 120.00) If someone from the USA or Switzerland orders that product, how can I set it up so Shopify shows the price without VAT, ie £100.  I have tried and tried and do not seem to be able to do this.  ...

Mar 27 2018 by Athena Procopiou
Nightmare setting up taxes for each country one by one - and no Netherla...

Hi, I am registered in the Netherlands and sell physical products (mainly books) to most countries globally. This means: a) I must charge VAT to all individual customers at 21%, wherever they are in the world. b) I must charge a lower rate of VAT on book sales (6%) c) When the order just contains a book or books, VAT on the shipping is also charged at 6% (Normally it would be 21%...

Apr 23 2018 by Digital Takeout
Dropshipping - Collect the Incoming invoice from AliExpress or other sup...

Hello guys, I am starting now with dropshipping model but really there many confusing topics about the accounting theme. For the bookkeeping you should have a list of incoming and outcoming invoices. Concerning the outcoming is pretty simple there are many software to link with Shopify, the one which i do not understand is collect the  incoming invoice from AliExpress (or similar website)...

Apr 22 2018 by Unicornia8
Sale Registration - Nexus

Greetings! If I have nexus in NC and NY ( because of my two drop shipping stores ) should I register with those states for Sale Taxes?!   Thank you!

Apr 16 2018 by MarcTaxJar
Finances summary: add filters for discounts

Hi, When I run a finances summary, I am unable to know what are the discounts for. Each month, we distribute promo codes for medias, customers refunds, etc. In the finances summary, I would like to filter discounts by promotional codes used so I would be able to know exactly what was the purpose. Is there any plug-in or solutions to do this ? Best regards

Apr 13 2018 by Marc-Andre
Taxes calculated differently despite identical orders

I just received an order from a customer that is identical to an order she placed a month ago.  For some reason Shopify automatically caluclated the taxes differently.  Specifically, the customer resides in Brooklyn, where the store is.  Shopify correctly charged the correct taxes for a Brooklyn address - 4% for State, 4.875% for Kings County.  However the most recent order was charged the 4% S...

Apr 9 2018 by Greg Rubin
Business expenses

Hi, I'm wondering how the majority of people record their income and expenses for their shopify store. I am just doing it on an excel doc at the moment and struggling with how to record some things. Firstly regarding paypal and shopify fees, do you record this as an expense or do you minus these out of all your orders individually as part of your income? Is there a quick way to add up all your ...

Jan 13 2016 by Tejaswi
Stock valuation tool for Shopify

Hello everyone, Can anyone advise me on a tool for stock valuation? We are dealing with fluctuating buying prices and therefore have a lot of administrative hassle (currently in Excel). I can imagine that there is more people out there in my situation. Any suggestions? Thanks, Kars

Mar 6 2018 by Kars Nicolai
Product wise taxes (GST), HSN Codes and unlimited PDF Invoices for India

Hello all, Good news for Shopify users. proper GST compliant Invoice app launched. Please check https://apps.shopify.com/order-invoice-gst It has some highly useful features such as :- - Ability to manage GST taxes(percentage) & HSN codes product wise.   - Mention of IGST, SGST, CGST according to customer state automatically.  - Bulk Updation of HSN codes and GST taxes. - Mention...

Apr 5 2018 by Earl Brown
New Zealand GST (from Vend)

Hello,  We are using Vend and have set up our store with a cost price and GST of 15%. In doing this, Shopify takes the GST exclusive price and does not add GST to the displayed sales price. Legally we have to present prices including tax to customers. The only way to fix this is to increase the Vend price by the GST amount, and then turn tax to zero %. Which means customers dont get a GST re...

Apr 5 2018 by Andrew
Ireland-Dropshipping-China suppliers-International shipping- Taxes???

Hi to everyone. I just recently start my dropshipping store in Ireland.  Can anyone tell me what do I need to know about taxes?  So far as I understand I have to pay sales taxes for some countries.    Here is what I did: I selected countryes where I'll ship my products  I went to taxes setting Select (Charge taxes on shipping rates) Then under that was my Tax rate with a...

Mar 29 2018 by Robert Kovac
What is the best version of Quickbooks to use with Shopify?

I've signed up for QB Online and I'm currenlty using Shopify's Intuit app to integrate w/ QB online but its not intergrating well. Should I be using QB desktop?

Mar 29 2018 by UKRACE
Can i create LLC overseas?

Hi I currently live in Seoul, Korea and i would like to start a dropshipping store with aliexpress. I dont want to input my address as Korea since shopify does not support the payment gateways if i set it as South Korea. Therefore I want to set it as Singapore or some other country which shopify supports the payment gateway. If i input my business address as another country, how do i set ...

Mar 27 2018 by Katy