Comparison
Shopify Payouts → QuickBooks vs SyncTools: Instant Convert Alternative
Need to finally reconcile shopify deposits with your bank statement. automatically breaks out processing fees so your books balance? SyncTools automates e-commerce accounting with Shopify to QuickBooks/Xero integration. SpreadsheetBroccoli is better for file-based CSV conversions without automation platform subscriptions.
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 | SyncTools | 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 SyncTools Does Well
To be fair, SyncTools has genuine strengths:
- Shopify-QuickBooks integration
- Shopify-Xero integration
- Summarized or individual sync
- Auto-categorization
- Payout reconciliation
- Multi-currency support
- Free trial available
Which Should You Choose?
Choose SyncTools if:
You use Shopify and QuickBooks/Xero
You want automated transaction sync
You need auto-categorization
You want payout reconciliation
You prefer automation platform approach
Choose SpreadsheetBroccoli if:
You need CSV file conversion to accounting formats
You want file-based tools without platform subscriptions
You do occasional imports rather than continuous automation
You prefer browser-based conversion tools
You want instant results without automation setup
Ready for the simpler approach?
Try Shopify Payouts → QuickBooks yourself - no signup required.
Convert Your First File