Comparison
Shopify Payouts → QuickBooks vs Link My Books: Instant Convert Alternative
Need to finally reconcile shopify deposits with your bank statement. automatically breaks out processing fees so your books balance? Link My Books is an automated ecommerce accounting platform with QuickBooks integration. SpreadsheetBroccoli is better for converting CSV files to accounting formats without ecommerce accounting platform subscriptions or API access requirements.
Why Shopify Deposits Never Match Your Bank
The Net Deposit Problem
You sold $1,000 on Shopify. Your bank shows a $970 deposit. Where did $30 go?
Shopify withholds processing fees (2.9% + $0.30 per transaction) before depositing.
Your bank sees $970. QuickBooks sees $970. But your sales were $1,000.
Without breaking out fees, your books show $970 revenue instead of $1,000 revenue + $30 expense.
What This Tool Does
We parse your Shopify payout export and create QuickBooks entries that show:
- Gross sales: $1,000 (what you actually sold)
- Processing fees: -$30 (the expense)
- Net deposit: $970 (what hit your bank)
Now your revenue is correct AND your bank reconciles.
Quick Comparison
Feature Comparison
| Feature | Link My Books | SpreadsheetBroccoli |
|---|---|---|
| Flexible pricing (pay-as-you-go) | ||
| Try without signup | ||
| No setup or learning required | ||
| Data stays on your device | Cloud-based | |
| Works on any device | ||
| Error detection before upload | ||
| Fast email support | ||
| No API tokens required | ||
| No risk of data corruption | ||
| Full data transparency |
What Link My Books Does Well
To be fair, Link My Books has genuine strengths:
- Automated ecommerce accounting platform
- QuickBooks and Xero integration
- Amazon, eBay, Shopify, Etsy, Walmart, TikTok Shop integration
- 100% reconciliation
- Automatic categorization
- VAT, GST, Sales Tax support
- Eliminates manual CSV downloads
- 5/5 stars on QuickBooks App Store (120+ reviews)
- 5/5 stars on Xero App Store (510+ reviews)
- 14-day free trial
Which Should You Choose?
Choose Link My Books if:
You are an ecommerce business
You need automated ecommerce accounting
You want QuickBooks/Xero integration for ecommerce
You sell on multiple channels
You need 100% reconciliation
You prefer ecommerce accounting platform approach
Choose SpreadsheetBroccoli if:
You need CSV file conversion to accounting formats
You want file-based tools without ecommerce accounting subscriptions
You do occasional imports rather than ongoing ecommerce accounting
You prefer browser-based conversion without API access
You want instant results without platform setup
Ready for the simpler approach?
Try Shopify Payouts → QuickBooks yourself - no signup required.
Convert Your First File