Shopify Collective in Individual Sync

What is Shopify Collective?

Shopify Collective is a platform that allows merchants to sell each other’s products — without purchasing additional inventory.

In Shopify payouts, Shopify Collective transactions typically appear as:

• Shopify Collective Credit – When a third party sells your product, Shopify pays you, and the payout description shows Shopify Collective Credit.

• Shopify Collective Debit – When you sell a third party’s product, Shopify charges you, and the payout description shows Shopify Collective Debit.

How Shopify Collective Orders Are Identified

Shopify provides Shopify Collective orders with the source name:

shopify-collective-automatic-payments

QuickBooks Bridge detects these orders using the source name provided by Shopify.

How These Orders Are Recorded

1. Order Sync

These orders are recorded in the Shopify Holding account configured in the app settings.

They are treated the same as Shopify Payments orders within the system.

2. Payout Processing

Shopify Collective Credit

Once Shopify processes the payout, our app creates a Journal Entry that transfers the funds from the Shopify Holding account to your bank account in QuickBooks.

For orders where Shopify provides a Shopify Collective Credit:

• The order amount is initially recorded in the Shopify Holding account during order sync.

• When the payout is processed, the amount is transferred from the Holding account to the Bank account as part of the payout journal entry.

• No separate line is created for Shopify Collective Credit in the Journal Entry.

Shopify Collective Debit

By default, Shopify Collective Debit amounts are recorded in the Shopify Fees account configured in the app settings. 

Optional: Separate Account Mapping

If you would like:

• Shopify Collective Debit to be recorded in a different account,

Please contact our support team. We can enable a feature from our end to map this transaction to a separate account as per your accounting requirements.