RefundMath vs ReturnLedger
Two Shopify apps, side by side: detected stores, momentum, reviews, plans, listed features and who runs each. Store counts as of Nov 1, 2026 for RefundMath, Oct 14, 2026 for ReturnLedger.
The short answer
- Only RefundMath lists a free plan. Paid plans start at $9/month for RefundMath and $24/month for ReturnLedger.
Head to head
Free
- · 5 refund calculations
- · Discount allocation breakdown
- · No credit card required
Pro Plan
- · Line-by-line discount allocation
- · Multi-quantity, multi-discount orders
- · Tax credit included automatically
- · Unlimited refund calculations
Monthly
- · CSV & PDF export
- · Monthly returns P&L
- · Store-credit & gift-card liability
Coverage counts what each App Store listing names. Every feature, checked off app by app, is in Shoplist.
See every featurePartial returns on discounted orders often over-refund because discount allocations are not applied correctly. RefundMath calculates the exact refund from those allocations for selected items and quantities, including tax credit. Paste an order ID or URL, select return items, copy the correct amount, then finish the refund in Shopify. Example: $500 order with a $50 discount.
ReturnLedger turns your store's returns data into one correct monthly profit-and-loss report. It separates cash refunds from store credit and gift cards, treats store credit and gift cards as liabilities instead of lost sales, and flags returns that customers have submitted but not yet sent back. The result is a clean monthly returns P&L you can review or hand to your accountant, with CSV and PDF export.
- Real-time refund preview before processing
- Automatic tax credit calculations included
- Multi-quantity item support for complex refunds
- Cancel subscription anytime from the app
- Monthly returns P&L separating cash refunds, store credit, and gift cards
- Tracks store-credit and gift-card balances as liabilities, not lost sales
- Flags pending returns submitted but not yet received
- Exports a clean report to CSV and PDF for your accountant
All the numbers
Every figure, side by side
A green dot marks the app ahead on a measured figure. Estimates, gaps and apps that leave no storefront trace never take the lead.
Adoption
| Measure |  RefundMath |  ReturnLedger |
|---|---|---|
| Detected stores | Not published | Not published |
| Net store change, 28 days | 0 | 0 |
| Stores added, 28 days | Not enough data | Not enough data |
| Big-brand share | Not enough data | Not enough data |
| Top store categories | Not published | Not published |
| Top store countries | Not published | Not published |
Reviews
| Measure | RefundMath | ReturnLedger |
|---|---|---|
| App Store rating | Not published | Not published |
| App Store reviews | Not published | Not published |
| New reviews, 28 days | Not enough data | Not enough data |
| Reviewers a year or more in | Not enough data | Not enough data |
Pricing
| Measure | RefundMath | ReturnLedger |
|---|---|---|
| Free plan | Yes | Not listed |
| Lowest paid monthly plan | $9/month(ahead) | $24/month |
| Longest free trial | 14 days | 14 days |
| Plans listed | 2 | 1 |
Listing
| Measure | RefundMath | ReturnLedger |
|---|---|---|
| Shopify category rank | #181 | #74 |
| Shopify App Charts | #10 on Pricing moves in Order editing | Not on this week’s charts |
| Built for Shopify | No | No |
| Launched | Jun 2, 2026 | Jul 2, 2026 |
| Languages | 1 | 1 |
| Developer | Moye Development | Lava Ventures |
FAQ
RefundMath and ReturnLedger: common questions
- Is RefundMath or ReturnLedger cheaper?
- Only RefundMath lists a free plan. Paid plans start at $9/month for RefundMath and $24/month for ReturnLedger. Shoplist compares base prices only between monthly plans in the same currency; usage charges and annual plans vary, so check each plan’s limits.
- Where does this comparison’s data come from?
- Shoplist crawls Shopify storefronts to detect which apps each store runs, and reads each app’s Shopify App Store listing for reviews, pricing, features and integrations. Store counts are as of Nov 1, 2026 for RefundMath, Oct 14, 2026 for ReturnLedger; estimated figures are labeled.
How Shoplist compares apps
Store counts come from Shoplist’s crawl of Shopify storefronts, which detects the apps each store runs; they are as of Nov 1, 2026 for RefundMath, Oct 14, 2026 for ReturnLedger. Reviews, ratings, plans, features and integrations come from each app’s Shopify App Store listing. 28-day figures are labeled when estimated, and a figure that is missing or estimated never decides who leads. Read the methodology.