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The Best Chart of Accounts Setup for Ecommerce Businesses Using Shopify & Xero

The Best Chart of Accounts Setup for Ecommerce Businesses Using Shopify & Xero

Setting up the right chart of accounts in Xero is essential for any Shopify business that wants clear financial visibility and reliable reporting. In this guide, we break down the best chart of accounts structure for ecommerce — covering sales, merchant fees, inventory, cost of goods sold, and more — so you can make confident decisions, stay compliant, and actually trust your numbers.

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