Software and migrations
Stripe and Shopify integration
UAE online sellers using Stripe or Shopify get payouts that bundle sales, processing fees and refunds into one figure. Finbryn connects both to Xero or QuickBooks Online and reconciles payouts against processor statements, with VAT checked against what actually posts to the books.
Migration checklist
Illustrative client · August 2026
AED
- Old file backed up with full historyDone
- Chart of accounts mapped line by lineDone
- Opening balances agreed to the old fileDone
- Bank feeds connected and testedIn progress
- First month closed in the new softwareNext
Illustrative. An example of the document, not a client's figures.
Why a single payout line understates the picture
A Stripe or Shopify payout landing as one bank deposit hides the processing fees, refunds and chargebacks behind it. For a UAE company approaching the AED 375,000 VAT registration threshold, or one already registered, that single number also obscures whether VAT collected at checkout is the VAT actually posted to the ledger.
What the integration covers
We connect Stripe and Shopify accounts to Xero or QuickBooks Online, map the chart of accounts for gross sales, processing fees, refunds and chargebacks, and reconcile daily or weekly payouts against processor statements rather than against the bank balance alone. VAT collected through Shopify checkout gets reviewed against the 5% standard rate to confirm what the software actually posts.
Historical settlements and free zone status
During onboarding, historical settlements get imported and tied out. For a free zone company selling online, the mapping also separates income that may qualify as Qualifying Income under the 0% Qualifying Free Zone Person rate from income that does not, so that distinction is built into the chart of accounts rather than reconstructed later.
Ongoing reconciliation
Once live, payouts reconcile against processor statements each period as part of ongoing bookkeeping, which keeps net revenue and processing costs visible separately rather than blended into a single deposit figure.
Questions
Frequently asked questions: Stripe and Shopify integration
Should Stripe or Shopify payouts post as one deposit or broken into components?
Broken out. A single deposit line hides fees and refunds, which distorts both the profit and loss and the VAT figures for the period.
Do you check that Shopify is charging the correct UAE VAT rate at checkout?
We review what Shopify posts against the 5% standard rate as part of setup, though the rate configuration itself is a decision made in the Shopify settings.
Does this affect our Qualifying Free Zone Person status?
We separate qualifying and non-qualifying income at the chart of accounts level so that distinction is visible from the first transaction, rather than reconstructed at year end.
Should Stripe payouts be recorded as one deposit or broken out?
Broken out. A single deposit line hides fees and refunds, which understates expenses and overstates net revenue for the period.
Do you handle Shopify Payments as well as Stripe directly?
Yes, both route through the same reconciliation process once connected.
What software works with stripe and Shopify integration?
Stripe and Shopify integration runs inside Stripe or Shopify, whichever you already use. If you are not yet set up in either, we can configure a file in your name so you keep ownership of it once the engagement is under way.
How do we get started with stripe and Shopify integration?
Getting started with stripe and Shopify integration begins with a short review of your current records and software access. Once that is done we confirm scope and timing in writing, and ongoing work begins on the schedule agreed with you.
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Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.