Shopify applies a currency conversion fee whenever you sell in a currency different from your store’s primary currency, and this fee is added on top of the standard Shopify Payments processing fee. The conversion fee varies depending on your store's location:
Your customer’s final price will include both the conversion rate and this fee, so the amount they see at checkout will already account for these costs.
Ready to stop wasting time on manual data entry? Synder automates the recording of your Shopify transactions—sales and fees—directly into your accounting system, whether it’s QuickBooks, Xero, or Sage Intacct. Curious to learn more? Book a call with our automation specialist to see how Synder can simplify your Shopify bookkeeping!