Use case · finance and bookkeeping
Profflow for
finance and bookkeeping
Close the month from one set of figures, and hand it on as files an accountant can open.
01 / The question
Figures that add up, shown adding up
Every figure on the dashboard is a sum of lines that can be checked, and the checks run in front of you: revenue less refunds, net revenue, the cost lines, net profit. The month leaves as files, from the same figures.
02 / What it does for you
How Profflow helps finance and bookkeeping
Reconciliation, shown
Revenue less refunds, net revenue, the cost lines and net profit are each checked against the arithmetic behind them, to the cent.
Returns prepared from the orders
EU OSS, IOSS and UK VAT figures, worked out per destination and exported as the grid the tax portal asks for. You review and submit; Profflow does not file.
Payments and fees by source
Stripe, PayPal, Klarna and Shopify Payments fees read from the processors, so the fee line is what was charged.
Files for the accountant
The month as an accounting export and a profit-and-loss sheet, from the same figures as the dashboard.
Refunds and gift cards in their place
A refund comes off with its own tax, and a gift card sold is not counted as revenue.
Cost of goods by purchase order
Purchase orders with landed cost, each sale taking units from the oldest batch first.
03 / The features behind it
The parts you will use
Each one is a page of its own, with the working shown.
- See how it works →
Reconciliation
Every figure that must equal another, checked in front of you.
- See how it works →
Accounting export
The month as files an accountant can open.
- See how it works →
EU VAT and OSS
The tax inside each price, placed in the country it is owed to.
- See how it works →
Payment fees
What each processor charged, read from the processor.
Questions from
finance and bookkeeping.
Can’t find the answer to your question?
Contact us by clicking here.
No. It prepares the figures and the file in the format the portal asks for; you check them and submit.
The EU OSS and IOSS figures, UK VAT and US sales tax, from the tax recorded on each order and the rate of its destination.
Pro includes the owner and a team, each with a role, so an accountant can have their own sign-in.
Both, and each is marked. A figure read from Shopify, an ad account or a payment processor is measured; a figure that rests on a setting you typed, such as a cost percentage, is an estimate, and the page says how much of the profit rests on each.
No. Profflow prepares figures an accountant can check. It does not file returns or give tax advice.
Start with what your store really kept.
Free shows your real net profit for the last 30 days, with no card and no end date.