| Product sales | An income account that records completed orders as sales receipts. |
|---|---|
| Gift cards | A liability account that records purchased gift cards. When gift cards are redeemed, the corresponding liability is subtracted from this account. This account does not track gift cards that were issued manually. Visit Issue Free Gift Cards for more information. |
| PayPal deposits | A bank account that records payments received for purchases made using PayPal. |
| Payment deposits | An asset account that records payments received for all sales in Shopify. The name of this account as it appears in Shopify reflects your settings in QuickBooks Online at the time of your last export. |
You can review your existing accounts and create new ones on the Chart of Accounts page in QuickBooks Online.
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