4 Tips for Shopify Cash Flow Tracking Using Reports

Shopify POS cash tracking is the talk of the town among sellers. Tracing where the cash is coming from, how much of it was at the start and end of the business day, where it was transferred to, and the like, are real pain points. Shopify helps with its live cash tracking feature, but merchants have come to us for more help in the matter. 

Our response—a refreshed Report Pundit with cash tracking baked into it. Whether it’s POS tracking you want, Shopify cash on delivery tracking, or both, our reports can help you. 

Let’s get started. 

Your Shopify Store Cash Troubles, Our Solutions

Here are the details of the Shopify cash tracking problems our seller-customers have brought to us, and what we’ve done about them.

• Reports with Cash Tracking Data 

Your Shopify profit calculation is incomplete without cash information from all of your sources over the monitored period. That’s a lot of manual data entry over a long time. Not to mention the errors that could slip in and bring down the accuracy.  

You can skip that struggle with Report Pundit. Just a few clicks will get you reports with the cash data you need for accurate tracking over time. Think cash amounts across locations, with register particulars like machine ID, open and close counts, etc. That includes your cash-on-delivery (COD) transactions too. 

• Accounting for Every POS Station 

A crucial piece of data you miss out on with Shopify’s very own cash tracker is details of multiple cash registers across locations. Or even of those in a single location. Some cash was moved from one register to another? You’re out of luck in learning about such granular data.

Report Pundit can give you that data though. You’ll know what’s up with every POS cash register, down to the last bill. Add that data to your desired custom report, like a staff report with cash details of each employee’s assigned register. 

• Cash Data by the Session

Breaking down your cash movement by session is valuable for insights into store performance in small bites. View cash amount changes by the session by lining up relevant data in your reports. 

Take a deep dive into your cash management practices and identify areas for improvement by getting this data for every register. And by data, we mean your incoming and outgoing cash movement details, along with the count of register operations - all packaged into comprehensive reports. 

• Daily Delivery of Cash Data 

Want to learn how much cash your top-selling Shopify products contributed yesterday in a flash?. Report Pundit can send a snapshot report of your cash at the end of each day automatically. Create the report, set the schedule to whenever you want it delivered, and you’re good. 

Stop burning the midnight oil looking at Shopify POS cash tracking details for the day. Sip this data the next day instead along with your morning cup of coffee. It’s that convenient. 

In Conclusion

Whether it’s a POS store or COD payment, cash transactions still impact Shopify profits significantly. So, tracking that cash from your Shopify customer to your bank account, or the other way around, is crucial for your business. While cash may not be the king anymore, having detailed reports with this data alongside Shopify’s live tracking can make you a champion at managing the bills in your store. 

Count on Us to Track your Cash, and more

Report Pundit makes more than cash management easy for Shopify sellers. Feel free to take your Shopify business operations to the next level by learning more about it.