Accounting for your inventory can be a time-consuming and tedious task, but with the help of technology, it doesn't have to be. That’s where Inventory accounting apps help D2C and B2B businesses on Shopify.
These apps help your accounts and finance team organise expenses and avoid wasting revenue when it comes to overstocking or improve cash flow through staying on top of backorders.
We share the top 10 inventory accounting apps on the Shopify App store
1. Prediko’s AI Inventory Management App
⭐ (50+ Reviews on Shopify App Store)
Features that set apart Prediko from rest of the inventory accounting apps on the Shopify app store
- Stay on top of your inventory sales number and quantity numbers with a detailed dashboard view.
- Export your plan and dashboard views with forecasted metrics for the rest of the year for your finance and accounts team
- Connect multiple stores for complete accounting overview across all Shopify stores
- Manage & export purchase orders and production orders through this Shopify app
- Generate reports for financial statements, tax purposes, and compliance with accounting standards.
We offer a 14-day free trial to help you get started with inventory accounting or switch from your existing app or software.
2. Stock Take (Count Inventory)
This Shopify app helps you to keep inventory count by manually counting inventory or scanning barcodes.
Main features of this Shopify app
- Easily count inventory by Shopify location, using a barcode scanner or physical count method.
- Features offer options to count inventory simultaneously, and provide detailed inventory reports in CSV format for tracking stock values.
3. QuickBooks Online
QuickBooks Online helps you to manage the finance for small businesses on Shopify.
Main features of this Shopify app
- Send customized invoices.
- Track costs and expenses with detailed reports to analyze profitability.
- Automatically account for payouts, ensuring peace of mind
- This software can match receipts to expenses and invoices to income.
4. Cohub Inventory Counting
Main features of this Shopify app
- Transform your smartphone into a barcode scanner with our free mobile app.
- Invite your team to collaborate and speed up inventory counting.
- Access past inventory records with the Time Travel feature.
Apart from Inventory accounting apps, we have also reviewed the best performing inventory management apps for Shopify D2C brands
5. Customer Account Pro : MT
Main features of this Shopify App
- Allow customers to easily update their personal information and addresses.
- Customize the account page color palette to align with your brand.
- Provide features like order history, reordering, custom fields, pages, and password changes.
6. B: Wholesale Customer Accounts
Main features of this Shopify app
- Enables customers to quickly add multiple items to their cart with Quick Order
- Allow multiple users to manage purchases under one account with Company Account Management.
- Provide a personalized B2B experience through dedicated Sales Rep support.
- Offer flexible payment terms like net 30, net 60, and net 90 with Net Term Payment.
7. CIN7 Software
CIN7 is an inventory accounting software that helps to track your business finance
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Main features of this inventory accounting software
- Track multiple data points from COGs, job costing, live stock levels, reordering alerts with inventory visibility across stores, warehouses and 3PL
- Synchronize everything to your accounting system for a unified view
- CIN7 does integrate with Shopify, BigCommerce and WooCommerce
Get a detailed comparison between Cin7 and Inventory Planner.
8. FreshBooks Inventory Accounting
FreshBooks also offers simple inventory accounting for small businesses
Main features of this inventory accounting software
- Get professional invoicing for your inventory accounting
- Integrations with 100+ apps to streamline work across teams
- Accounting tools and reports show profitability, cash flow health, and details your spending.
9. Xero Inventory Accounting Software
Main features of this inventory accounting software
- Keeps count of items that are in stock and records their value
- Easily see best-selling and worst-selling items in account reports
- Easily add items to accounting invoices
10. Brightpearl Accounting and Inventory Software
Brightpearl accounting and inventory software helps in increasing the efficiency by centralising operations
Main features of this inventory accounting software
- Streamline accounting processes such as creating invoices, recording payments, and tracking metrics
- Lets you track accounts receivable and payable
- Accounting software that integrates with bank accounts
Inventory accounting and tracking are related to each other. Once you have selected your inventory accounting app, it's important to find the right inventory tracking app for your Shopify store.
Choosing the right app is important, that's why at Prediko, we offer a 14-day trial with all features available. Our onboarding process is tailored to show you how we help D2C brands and businesses with inventory accounting needs.
