Accountants and bookkeepers working with ecommerce clients face unique challenges. While the intricacies of ecommerce accounting differ vastly from traditional retail, A2X emerges as a trusted solution. But why do you need A2X for your clients, and how does it hold its ground as the top choice? Let's explore.

Initial setup: The first step in using A2X is to connect it to your client's accounting systems and sales channels. The process is designed to be user-friendly, guiding you through each step to make sure you're all set up and ready to go.
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Account and tax mapping: Once you're connected, A2X offers you two ways to manage transaction types:

Settlement posting: After mapping accounts, you can begin to review and post settlement data. With A2X, you can be confident that each transaction is accurately reflected and aligns with the deposits in your client's bank account.

One-click reconciliation: A2X's core feature is its ability to reconcile transactions back to the actual money in your client's bank account. It categorizes various transaction types like sales, fees, taxes, and refunds, and organizes them into summarized journals for QuickBooks Online or invoices for Xero. These summaries perfectly match the payout deposits in your client's accounting software, allowing you to reconcile everything with just a single click. This ensures that the data you're working with is accurate, giving you confidence in your accounting.

Example of Shopify Payout in Xero

Example of a summarized Invoice from A2X in Xero

Transaction details are attached to each invoice or journal entry for your reference.

Note: If you are in the UK and concerned about the need for daily sales reporting, please check out our article A2X and Making Tax Digital

Accurate accrual accounting

A2X will split the payout data according to which month the sales or fees actually occurred. This will ensure that your financial accounts properly record the transactions in the month that they occurred.

Flexible and advanced mapping features

There are many different types of transactions in ecommerce accounting including sales, discounts, refunds, fees, pending payments, gift cards, sales tax and more. You can choose to map each category type to an account within QuickBooks or Xero. For advanced mapping, you can map at a sub-category level if you prefer to have more control of your mapping, and you can easily refine your mapping at any point.

The A2X Partner Program

From education to co-marketing opportunities, exclusive offers, and more. The Partner Program is designed to support you at every stage of your ecommerce journey.

Getting started with A2X

As an accountant or bookkeeper, you have a few options to get started with A2X.

Access all of your clients’ accounts from one A2X login

From your one A2X login, you can set up multiple A2X accounts, each account will be connected to your client's sales channel and accounting software. If you belong to a team of accountants, you can create and manage teams within A2X. Reference this article for more information on user permissions and creating teams

As an ecommerce seller ensuring you collect the right taxes for your sales, and account for those taxes is an important responsibility. You may benefit from using tax apps such as Avalara, Quaderno, Taxify or Taxjar to verify how much your client is required to remit.

Sales Tax in USA and Canada A2X records tax collected by Amazon, Shopify or Walmart, including marketplace facilitator tax. For most ecommerce sellers using A2X, the sale tax collected will be mapped to a sales tax liability account on your balance sheet.

VAT in UK, Europe, Australia and New Zealand we'll show you how typical VAT and GST transactions will appear in A2X and the basics of accounting for VAT in A2X for for your ecommerce sellers.

To enable settings in your A2X account for VAT and GST mapping:

We’re here and available via chat to help with any questions you have.