Shopify Tax Reports

Taxes are the part of business in which it is very unpleasant to make a mistake. And even though Shopify doesn't file tax returns for store owners, it helps you control the process of calculating taxes, adjust interest rates, and store all this information in reports.

Mipler Reports simplifies the process by offering flexible, customized solutions for Shopify stores to solve sales tax problems. Check out other Shopify reports to learn more about the platform's capabilities.

Why Are Shopify Tax Reports Important

Shopify tax reports are the main documents that help to control the percentage of sales or profit paid to the state. Without them, it would be difficult to check and prove that all actions were legal and fair. In addition, they provide additional advantages when used for stores:

• Ensure compliance with tax legislation in all countries, not just the US: each country has its tax rate. If you correctly set up tax rates for different countries and states, Mipler reports for Shopify will automatically account for all the necessary taxes.
• Simplify the financial audit process: the reports are well-structured, providing detailed and reliable records, and the information is easy to customize with the help of filters and adding the necessary columns.
• Help analyze taxes for each product: one of the Shopify tax reports from Mipler helps you see what tax you must pay for each product unit.

How to make Shopify tax reporting more flexible

Tax systems of different countries differ.
Mipler allows you to tailor Shopify tax reporting to your specific needs:

• Customizable settings: Change tax rates and rules directly in Shopify to match local laws.
  All changes are automatically applied in Mipler for Shopify tax reports.
• Segment reports based on criteria: create reports based on product categories, regions, or periods required for correct documentation.
• Dynamic date ranges: You can set appropriate filters in each report.
  They will help you file taxes at the right time.

Create Shopify Sales Tax Reports with Mipler

Mipler offers Shopify store owners not only to read sales tax reports. Of course, there are other reports, which we will cover in the next section. However, it is worth paying attention to the fact that Mipler Shopify reports for taxes can not only simplify the management of taxes. In addition, you can get solutions to the following problems:

1. Problem: Different systems require different data formats.

   Solution: You can export the data as Microsoft Excel (.xlsx), PDF document (.pdf), Web page (.html), or comma-separated values (.csv).

2. Problem: The team needs to share the report and be able to edit it.

   Solution: All reports can be exported to Google Sheets and shared with team members.

3. Problem: The report has a lot of data, so it is difficult to see and make a single opinion about the dynamics immediately.

   Solution: Each report has a dashboard for data visualization.

4. Problem: The team needs to view reports in the app and have access to dashboards.

   Solution: Each report has a unique reference. You don't need to be authorized to access the data; you just need a link.

Shopify Tax Reports – what’s available with Mipler

In addition to the standard Shopify sales tax report, Mipler has developed reports that will simplify the process of submitting tax returns.

Tax per Country

If you distribute your products in more than one country, you must pay taxes in all the places where your products are bought. The Tax per Country Report provides general information on how much tax a store has to pay in each country.

Tax per State

This report is similar to the previous one. However, it shows taxes for each US state.

Tax Collected (Monthly)

The Collected Taxes report (monthly) is similar to Shopify's default tax report. It shows the taxes paid each month for the last year, which is very convenient for writing tax returns or auditing finances.

Tax Details

In this report, each sold option is presented in a separate row. In this way, you can see absolutely all taxable sales. Use filters on the variant value or any other value in the data grid to reduce the number of data records displayed.

Build and automate your Shopify Tax Reports and save your time

Process automation saves a lot of time. Mipler can offer you to schedule reports. Set up periodic reports to be sent to you and your colleagues. Then, you will receive automatic updates at regular intervals.

Any changes you make in the administrative part of your Shopify store are automatically reflected in the application. This feature is especially useful when the store sells products in different countries. Changes in interest rates are automatically taken into account when building reports.

Pre-built templates also facilitate the process of tax control. You can use ready-made templates to start quickly and customize all indicators as needed.

Important

Taxes depend directly on your sales. To help you keep track of how much tax you pay on each item you sell, Mipler's Shopify Sales Reports always show taxes next to orders. Use this information to control your store more easily.

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