How do you track your e-commerce business income and expenses?

If self-employed you can use an Excel spreadsheet to track income and expenses or use software like Wave, Freshbooks, or Quickbooks Self-employed. The Quickbooks Self-employed is the best for self-employed people since it's made specifically for them. It has features like sending invoices, tracking expenses, and having access to a CPA to give you advice for income tax filing.

Yes, there are digital ways of tracking your business's income and expenses. You can use Quickbooks, Wave, or Freshbooks where some can be downloaded to your Shopify store and automatically track them. They offer cloud-based accounting services meaning you can view your accounts on any device and anywhere as long as you're online.