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

Streamlining financial management is crucial for Shopify merchants navigating international markets. This application simplifies the integration between Shopify and QuickBooks Online, ensuring effortless synchronization of income and expenses.

Merchants can automate the tedious process of data entry for invoices, customers, and products, significantly reducing manual errors. By connecting all Shopify storefronts with QuickBooks Online, users can maintain precise accounting records tailored to their unique operational needs.

The seamless synchronization of inventory and accounting data allows for real-time insights, empowering merchants to make informed decisions. Maximize tax deductions effortlessly while ensuring that your financial reports are accurate and up-to-date.

This solution caters specifically to businesses selling outside the U.S., facilitating smooth cross-border transactions and accounting practices. Transform the way financial data is managed, allowing greater focus on strategic growth and customer engagement.

QuickBooks Online Global is developed and maintained by Intuit.

QuickBooks Online Global has an average rating of 4.9 out of 5 stars with 2790 reviews from Shopify stores.

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3. Data Export IO: Reports

Free plan available. Free trial available.

Streamline the reporting process for any Shopify store with a comprehensive suite of automated functionalities. Utilizing an expansive library of pre-made reports covering Sales, Taxes, Inventory, Payouts, Orders, Customers, and Refunds, this tool transforms the way merchants interact with data. Customizability takes center stage with an intuitive Report Builder, offering live record previews, detailed line items, and the flexibility to summarize data weekly, monthly, or quarterly. Scheduled report delivery offers convenience by seamlessly emailing, transferring via FTP, or syncing with Google Sheets/Drive according to tailored schedules. Choose from versatile output formats, including Excel, CSV, and PDF, to best suit analysis needs. With expert assistance available at no additional cost, merchants have a reliable partner in navigating the complexities of data management, allowing for informed decision-making without the hassle of manual reporting.

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 2289 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 4.9 out of 5 stars with 1722 reviews from Shopify stores.

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5. BR ‑ Better Reports

From $19.90/month. Free trial available.

Transform complex data into actionable insights with a powerful reporting tool designed specifically for e-commerce merchants. Analyze sales, payments, inventory, and customer behavior with ease through a comprehensive suite of pre-built reports. For those with unique needs, custom report creation offers flexibility, allowing users to tailor metrics, fields, and formulas precisely to their requirements.

Automation takes the hassle out of report generation; effortlessly schedule exports or emails to keep your team informed in real time. With support for point-of-sale systems, Google Sheets integration, and the capability to handle multiple stores and currencies, this tool streamlines operations across various channels, providing a holistic view of business performance.

Unlock the full potential of your data and make informed decisions that drive growth and efficiency.

BR ‑ Better Reports is developed and maintained by Better Reports Technologies.

BR ‑ Better Reports has an average rating of 4.9 out of 5 stars with 1162 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!