Your Shopify payout doesn't match your bank deposit because the Orders report shows what customers paid, while the payout is what's left after Shopify's own fees and refunds come out first.
Convert your shopify file - done-for-you from $149
Shopify's Orders page reports gross sales. The Payments payout report subtracts transaction fees, app-charged fees, and refunds before the money ever reaches your bank. Comparing gross orders to the net deposit will always look like a shortfall.
Shopify Payments batches payouts on a schedule — daily, every few days, or weekly depending on your account. A single bank deposit can represent multiple days of orders and multiple days of fees and refunds, which makes a day-by-day comparison look wrong even when the total is correct.
A refund processed today reduces a future payout, not the payout tied to the original sale. If the sale and its refund fall in different reconciliation periods, the numbers won't tie out unless both are booked in the period they actually affected.
FootingKit converts your Shopify Payments payout report into a QuickBooks- or Xero-ready entry that separates gross sales, fees, and refunds by the exact dates in the payout, so the entry nets to your real bank deposit. Every payout is verified to net exactly to its bank deposit, or the conversion is flagged and re-run — free.
If you also take PayPal, wire transfers, or in-person payments alongside Shopify Payments, those arrive as separate deposits with their own fee structures — FootingKit reconciles each payout source individually rather than netting them into one guess.
Convert your shopify file - done-for-you from $149
Get your settlement reconciled - done-for-you from $149
FootingKit converts marketplace settlement reports into QuickBooks- and Xero-ready books, footed to the penny.