The best financial reporting apps for Shopify in 2024

Written by

Adam Sturrock

Published on

June 20, 2024

Shopify, the go-to platform for eCommerce enthusiasts, hosts a plethora of merchants across various industries, continuing to dominate the online selling space. With its user-friendly interface and robust features, Shopify caters to businesses of all sizes, from startups to established brands, seeking to streamline their online operations.

As a Shopify merchant, having access to accurate and insightful financial reporting is paramount for making informed business decisions and driving growth. In the ever-evolving digital marketplace of 2024, the right financial reporting apps can provide you with essential data and analytics to optimize your store's performance and maximize profits.

With a multitude of financial reporting apps available in the Shopify App Store, selecting the most suitable ones for your unique business needs can be a game-changer. The efficiency and accuracy of these apps can significantly impact your financial management, budgeting, and forecasting, ultimately leading to improved overall business performance.

Whether you are just starting your eCommerce journey or looking to enhance your existing Shopify store, the right financial reporting apps can empower you to take your business to new heights in 2024. Let's explore the top financial reporting apps that can help you make the most out of your Shopify store this year!

1. Twik Personalization

Understand user behavior for better decision making

Free plan available. Free trial available.

Transform the online shopping experience by accurately anticipating the needs and preferences of visitors. This application harnesses advanced analytical capabilities to decode user behavior, creating tailored journeys that resonate personally with each customer. By integrating intelligent insights, this powerful tool allows merchants to fine-tune the shopping experience, ensuring that every interaction feels unique and engaging. Witness real-time predictions of shopper intentions, enabling targeted content and product suggestions that reflect individual tastes. With seamless integration into existing Shopify stores, this solution simplifies the implementation of personalization strategies. Enhance customer satisfaction and drive conversions by crafting a shopping environment that feels tailor-made for each visitor, turning casual browsers into loyal customers. Achieve a deeper understanding of customer behavior and preferences, paving the way for a more inviting and effective online storefront. Unlock the potential of personalized experiences that truly captivate your audience.

Twik Personalization is developed and maintained by Twik Technologies ltd..

Twik Personalization has an average rating of 3.8 out of 5 stars with 73 reviews from Shopify stores.

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2. QuickBooks Online Global

See what you make and spend at a glance.

Free to install

Efficiently managing financial data across international storefronts can significantly streamline operations for Shopify merchants. This application facilitates a seamless connection with QuickBooks Online, tailored for those selling globally. Automated synchronization of invoices, customers, and products eliminates the hassle of manual entries, ensuring accuracy and saving valuable time. An intuitive setup allows effortless tracking of income and expenses, ultimately aiding in maximizing tax deductions. Maintain precise oversight of your inventory alongside your accounting, as both data streams are effortlessly integrated. This comprehensive approach allows merchants to focus on scaling their business, while the application handles the intricacies of financial management.

Key Features:

Automate data entry for invoices, customers, and products.
Synchronize inventory and accounting information effortlessly.
Track international sales income and expenses efficiently.

Unlock the full potential of financial clarity and operational efficiency in your Shopify store.

QuickBooks Online Global is developed and maintained by Intuit.

QuickBooks Online Global has an average rating of 4.9 out of 5 stars with 2737 reviews from Shopify stores.

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3. Data Export IO: Reports

Free plan available. Free trial available.

Optimize your reporting processes seamlessly with a powerful tool dedicated to Shopify merchants. This application provides a wide array of automated reports covering essential areas such as sales, taxes, inventory, POS transactions, payouts, orders, customers, and refunds. The intuitive Report Builder offers live record previews, detailed line item insights, and the flexibility to incorporate custom fields. Personalize your reporting by summarizing data on a weekly, monthly, or quarterly basis. Enhance productivity with the Scheduling feature, which enables automatic report distribution via email, FTP, or Google Sheets/Drive, accommodating both basic and advanced timing preferences. Users can choose from various file formats, including Excel, CSV, and PDF, for optimal compatibility and ease of use. Expert support is readily available at no additional cost, ensuring that your reporting needs are always met with professional guidance. Streamline your data management today and gain actionable insights effortlessly.

Data Export IO: Reports is developed and maintained by Estore Automate.

Data Export IO: Reports has an average rating of 5 out of 5 stars with 2276 reviews from Shopify stores.

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4. Report Pundit: Custom Reports

Pre-built Shopify Reports for Sales, Inventory, Customer and Tax

Free plan available. Free trial available.

Unlock the potential of data with a powerful reporting solution designed specifically for Shopify stores. Tailoring reports to fit unique business needs is made simple with an extensive range of customizable options. Generate unlimited reports across various dimensions, including sales, taxes, inventory, customer behavior, and payout analysis, ensuring comprehensive insights at your fingertips. Prebuilt templates expedite the process, allowing for immediate access to crucial store metrics. With the ability to extract valuable data effortlessly, this tool empowers effective decision-making and enhances overall store management. Streamline operations, identify trends, and optimize inventory management with in-depth analytical capabilities. Navigate the complexities of store performance without the overwhelm, and transform raw data into actionable insights that drive growth and efficiency.

Report Pundit: Custom Reports is developed and maintained by Estore Automate.

Report Pundit: Custom Reports has an average rating of 5 out of 5 stars with 1699 reviews from Shopify stores.

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5. Better Reports

From $19.90/month. Free trial available.

Transforming raw data into actionable insights is crucial for every merchant. Comprehensive reporting capabilities enable users to thoroughly analyze sales, inventory, and customer behavior, ensuring informed decision-making. This solution offers a suite of pre-built reports alongside the flexibility to craft custom reports tailored to unique business needs.

Drawing out key metrics is simple with customizable fields and formulas, allowing for precise data segmentation. Once the ideal report is established, exporting or automating email delivery to team members streamlines operations, enhancing productivity in your e-commerce environment.

Features such as POS integration, Google Sheets compatibility, and support for multi-store and multi-currency reporting enable merchants to manage diverse business models efficiently. With intuitive tools at your disposal, achieve clarity in your data and facilitate growth in your Shopify store.

Better Reports is developed and maintained by Better Reports Technologies.

Better Reports has an average rating of 4.9 out of 5 stars with 1151 reviews from Shopify stores.

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We hope you found this guide on the top financial reporting apps for Shopify useful.

Did we miss an app you think should be included in this guide, please let us know!

Top Shopify financial reporting apps FAQ

Which financial reporting apps do I need for my Shopify store?

You’ll want to take advantage of the many financial reporting apps and integrations available to make your Shopify store the best it can be. Every financial reporting app highlighted in this article can help take your Shopify store to the next level! With that said, if you can't find what you're looking for in this guide, we recommend checking our comprehensive list of every Shopify financial reporting app!

What is the best financial reporting app for Shopify?

The Shopify App Store is always adding new apps, but by analyzing merchant reviews, average ratings, estimated install counts, pricing and other signals we've identified that Twik Personalization is one of the top Shopify financial reporting apps available for merchants in 2024.

With that said, it’s not always the best idea to just go for the most popular app or our recommendations. Always look at how many Shopify stars the app has and what the reviews are saying about the app itself. Where possible, we highly recommend testing apps you are considering by leveraging free trials before commiting to any fixed monthly subscription costs.

Why do I need to install a Shopify financial reporting app?

Whilst Shopify comes with a broad range of features and capabilities out of the box, many financial reporting apps go above and beyond what Shopify can provide. Every store has unique requirements and a diverse range of apps are available to meet these needs.

How many financial reporting apps are recommended for Shopify?

We recommend including atleast one financial reporting app for your Shopify store if this type of app would be beneficial for your store. There are a lot of free options out there and some great financial reporting apps that will help you run your business as smoothly as possible.

Can I build my own custom financial reporting app for Shopify?

The short answer is yes ofcourse! Shopify provides a lot of great documentation to build financial reporting apps.

The longer answer is that you should weigh up the upfront time, resources and costs of building a custom apps vs finding a financial reporting app that handles the majority of your requirements for free or for a low monthly fee.

Ofcourse if you can't find a suitable financial reporting Shopify app to meet your needs then it's definitely worth investigating what it would take to build the app of your dreams!