Shopify revenue in, Xero-ready profit out

Shopify to Xero connectors surface revenue; NeonPanel adds true FIFO COGS, landed cost, fee splits, inventory journals, and multi-currency discipline so Xero reflects operating margin.

Unified system

  • Accounting
  • Inventory
  • Forecasting
  • AI access

14-Day Free Trial. No Card Required. Cancel Anytime

Shopify logo
Xero logo
Accurate COGS
Automated calculation
Real-Time Sync
Continuous updates
Tax Compliant
Audit-ready books

Trusted by 200+ ecommerce teams

What is missing from a native Shopify → Xero sync

Native Shopify → Xero sync usually stops short of a defensible P&L:

  • Sales figures arrive, but COGS are absent or estimated.
  • Shopify fees and payment processing costs do not map to the right accounts.
  • Inventory values in Xero do not update when stock moves.
  • Multi-currency settlements require manual rate matching.
  • If you also sell on Amazon, your books are split across two systems with no unified P&L.
What NeonPanel adds

Profit, not just revenue, in Xero

  • COGS from actual batch costs. Landed cost allocated per unit, FIFO-calculated per sale.
  • Fee mapping. Shopify transaction fees, payment gateway fees, and refunds mapped to the correct Chart of Accounts.
  • Multi-currency support. International settlements post in native currency under Xero multi-currency rules without manual FX spreadsheets.
  • Unified P&L. If you also sell on Amazon, NeonPanel combines both channels into one set of books.
  • Real-time sync. Invoices, bills, inventory journals, and COGS entries push to Xero automatically.
Shopify payout synced into Xero Split-by-channel inventory selector Shopify order journal preview
For multi-channel sellers

One P&L, both channels

Running Shopify plus Amazon? NeonPanel rolls both into one Xero organisation with tracking categories for channel clarity.

See also: Amazon → Xero, multi-warehouse inventory, forecasting and planning, or the ecommerce accounting hub.

Clean Xero books, from day one

14-day free trial. No card required.

Start Free Trial

Sync Everything

Catalogs

Including Products, Services, Customers, Vendors, and Currencies

Charts of Accounts

Use the default Chart of Accounts tailored for Amazon sellers or customize your own

Bills

Bills, purchase orders, and expenses synced in real-time

Invoices

Precise Cost of Goods Sold (COGS) calculated using the First-In, First-Out (FIFO) method

Flexible Pricing Plans

Choose the plan that fits your business needs

Essentials

$79 /month

Includes 10,000 orders/month · additional orders billed separately

Perfect for growing businesses

  • ✓ One Amazon Seller Account
  • ✓ Flexible Landed Cost Distribution
  • ✓ Automated COGS Calculations
  • ✓ QuickBooks & Xero Integration
  • ✓ Unlimited Users & Roles
Try for Free

Frequently Asked Questions