Fixing accounting mistakes costs time and money. A2X leaves no room for error, posting your clients' ecommerce sales and fees into Xero, QuickBooks or Sage in tidy summaries that reconcile to the payments they have received.
A2X connects directly to your clients' ecommerce platform, detecting exactly when each transaction occurs.
A2X downloads the transactional data and breaks down all the various transaction types such as sales, fees, refunds, gift cards, reserves, and taxes that make up each bank deposit.
Map transactions to your preferred general ledger account. Have full control over how the entries are posted into the accounting software.
Create product groups in A2X, enable the cost of goods sold, advanced mapping, or add tracking categories to your entries so you can easily generate custom reports in the accounting software for your multichannel clients.
Summarised entries match each settlement/payout period. Automate entirely or choose to review in A2X before posting to your clients' accounting system.
Summarized journal entries match the corresponding bank deposit, ready to be reconciled. In addition, A2X will split the payout data according to the month the sales or fees actually occurred for accurate accrual accounting.
Hours spent downloading, importing, allocating and reconciling Amazon, Shopify, eBay, Walmart and Etsy transactions against your clients' bank deposits.
Reconciling the books is a breeze with organized summary numbers flowing straight into Xero, QuickBooks or Sage, ready to be matched against the bank deposit.
A2X matches the cost of goods sold to ecommerce sales to make it easy to track your clients' gross margin.
A2X takes an FBA inventory stocktake each month and calculates the value of your clients' FBA stock for their balance sheet.
The friendly A2X team of Amazon, Walmart, eBay, Etsy and Shopify accounting experts are on hand to help anytime you get stuck. Reach them using the website live chat or by email at email@example.com.
Swap and share expertise with the growing community of ecommerce accountants using A2X, and make the most of free training, networking events and marketing promotions for A2X partnered firms - programs designed to help you attract new clients.