A clearing account per payment method

Under Payment methods you link a financial account in Moneybird to each payment method. Every payment is recorded on it.

Why a clearing account

The money a customer pays does not sit in your bank account straight away. Shopify Payments holds it until the payout, and Mollie and PayPal do the same. If you book the payment straight to your bank, your bank balance will not be right. Hence a clearing account per method: later you reconcile it against your bank statement.

Which methods

• Shopify Payments
• Mollie
• PayPal
• Gift card (redemption)
• Manual payment, for example a bank transfer
• Other payment methods — this is also the fallback for methods Boekvogel does not know separately

Create one in Moneybird under Financieel (the financial accounts), for example “Shopify Payments”, then click “Fetch data again” at the bottom.