Importing Data

Does Bench work with Shopify?

Yes. As with other payment processors, Shopify withholds a fee from each transaction. These fees need to be expensed separately, as the IRS requires you report your gross sales revenue. You’ll need to upload the Payout Report from Shopify in order to make adjustments to account for the processing fees. How to download and upload your Payout More...

Does Bench work with Square?

Yes. If you use Square as a merchant processor, the money deposited into your bank account is net of processing fees charged by Square. This wouldn’t be an accurate representation of your Sales Revenue, and the IRS actually requires that revenues are reported at the gross amount. We’ll need your Transactions Report in order to More...

Does Bench work with Airbnb?

Yes. Airbnb transfers net revenue to accounts using the payout method selected by the host, and charges processing fees. These fees need to be expensed separately, as the IRS requires you to report your gross sales revenue. You’ll need to upload your Completed Transactions .csv Report so we can make adjustments to account for processing More...

Does Bench work with Paypal?

Yes. As with other payment processors, Paypal withholds a fee from each sales transaction. Your Paypal account can function similarly to a bank account, since it’s able to hold a balance. These fees need to be expensed separately, as the IRS requires you to report your gross sales revenue. We require two documents from you More...