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Release notes for Webgility Online v8.31.0

This article highlights the updates introduced in Webgility Online version 8.31.0. It provides users with an overview of the new features designed for Shopify and QuickBooks Online integrations. By detailing enhancements such as accurate syncing of Shopify payout fees and recording of Shopify deposits as transfers, the article ensures that users understand how these improvements can streamline reconciliation and maintain precise accounting records.

Webgility Online 8.31.0 is live 
 
We're thrilled to introduce two powerful new features on Webgility Online users integreated with Shopify and QuickBooks Online.
 

What's new?

Download and sync Shopify Payout Fees accurately

  • Users can now post Shopify payout fees (non-payment fees deducted from payouts) as separate Expense transactions in QuickBooks Online. Along with the existing option to capture payment fees, this ensures that all Shopify fees are recorded accurately.
  • A new Fees page is available for Shopify users to download, review, and post payout fees for each payout report—either manually or automatically via the scheduler.
  • This feature is available to all existing and new Webgility Online users integreated with Shopify and QuickBooks Online using the Transactional accounting method.
  • Learn more in our help article.

Download and sync Shopify Deposits as a Transfer in QuickBooks
  • Users can now post Shopify deposits (the net payout amount received in the seller’s bank) as Transfers in QuickBooks Online. When posted, the deposit is recorded as a transfer between the configured “From” account (ideally the Shopify clearing account) and the “To” account (ideally the bank account used for reconciliation where Shopify deposits are received).
  • A new Deposits page is available for Shopify users to download, review, and post deposits for each payout report—either manually or automatically via the scheduler.
  • This feature is available to all existing and new Webgility Online users integreated with Shopify and QuickBooks Online using the Transactional accounting method.
  • Learn more in our help article.