For Sophisticated Accountants and Firms Looking to Grow Their Ecommerce Practice

Record every order in your accounting system in near real-time

• Post each order into your accounting as it happens
• Track individual customers and items in the sale
• Automatically match existing customers and items
• Create new customers or new items on the fly
• Record every discount and coupon code detail
• Record sales taxes collected per state
• Record order notes
• Record shipping income and details including tracking info
• Track gift card charges, coupons and more
• Use transaction classes for improved reporting
• Granularly map field level details from your sales channel to accounting

Manage returns and refunds with ease

• Create credit memos or refund receipts for every return
• Automatically update inventory of returned items
• Reverse the right account for every return to simplify reconciliation

Break out your orders into separate accounts for easier reconciliation

• Post orders differently for each marketplace, online store, point of sale location, or third party application
• Specify different settings for order types: B2C, B2B, or POS
• Post orders into different accounts based on the payment processor
• Post orders into different accounts based on order status
• Create sales receipts for paid orders and invoices for unpaid orders
• Use different settings for different types of orders
• Separate rules for posting sales and refunds

Automatically update inventory with every sale

• Update the inventory level in your accounting as sales are posted
• Works with group items, assemblies and bundled products
• Works with QuickBooks Advanced inventory module

Record all your payment, shipping and marketplace expenses

• Record fees into the expense account of your choice
• Track fees as a group or map every granular fee type
• Bring in fees with every payout
• Connect your payment processor and shipping app to bring in fees for every order

Summarize all your orders per day

• Create a summary sales receipt or invoice for all sales including the items ordered, discounts and taxes collected
• Group all your sales per day instead of tracking every individual sale
• Reduce the number of transactions created in your accounting system while still keeping your financials accurate
• Automatically matches existing items in your accounting

Automatically update inventory at the end of the day

• Update the inventory level of all the items sold in a given day
• Minimize inventory updates throughout the day

Break out your order summary into separate accounts for easier reconciliation

• Post a summary of all your orders for each marketplace, online store or point of sale location separately
• Post the summary into different accounts based on the payment processor
• Post the summary into different accounts based on order status
• Use different settings for different types of orders
• Separate rules for posting sales and refunds

Manage returns and refunds per day

• Create credit memo or refund receipt for all refunds within a given day
• Automatically update inventory of returned items in a given day
• Reverse the right account for every return to simplify reconciliation

Record all your income accurately

• Record sales income from every payout into the right credit account with a simple journal entry
• Record debit journal entries for discounts and coupons
• Record debit journal entries for refunds and shipping expenses
• Record credit journal entries for shipping income
• Record sales taxes collected
• Map to existing bank accounts or automatically create new accounts in your accounting system

Record all your expenses accurately

• Record sales related fees into the right expense account with a simple journal entry
• Record fulfillment related fees into a separate expense account
• Record advertising and other fees into a separate expense account
• Record all other fees at a granular fee level or group them as "Other expenses"

Record all your transfers and deposits accurately

• Track the deposit into the accurate income account
• Track your account reserves in a separate account
• Track your carried balance for easy reconciliation

Breakout payouts from each marketplace and payment processor

• Record entries for each marketplace and payment processor into separate accounts
• Map to existing accounts or create new ones on the fly
• Track your payouts separately for easy reconciliation and monthly closing

Use clearing accounts to reconcile and close books with ease

• If you record each sale or a daily summary, you can use clearing accounts to track income from sales as they come in
• Once a payout is received, you can match it against your clearing account to fully reconcile your income and expenses