You can set up the account and tax mapping to your accounting software so imports will arrive already coded and ready to reconcile. This saves you a lot of time on the process of recording your Shopify transactions.
The Accounts and Taxes feature allows you to map your Shopify payout transactions to your accounting system. It does this by accessing your Chart of Accounts or by creating accounts specific to Shopify transactions directly from A2X in your accounting system.
Where to go
Please click on the Accounts and Taxes in the header menu, where you can map different Shopify transactions to accounts and assign appropriate tax rates.
How to let A2X create accounts
You can create accounts in your accounting software right from A2X as suggested by A2X. Just click 'Save Mappings' at the bottom and A2X will create these accounts for you.
How to choose from your Chart of Accounts
1/ Access your accounts in your accounting software by clicking the x:
2/ Then click on the drop-down to choose the account:
How to save your mappings
Always remember to click the Save Mapping button at the bottom of the page.
Your account mappings will now apply to your payouts consistently.
Note: If you create new accounts in your accounting software after connecting A2X, then you will need to refresh your Cache in Settings > Connections to sync them with A2X.
On applying tax codes
Like accounts, A2X accesses the tax codes in your accounting system. Simply click on the "X" to get to the drop-down list of your tax codes.
Regarding Tax code settings
Due to the complexity of Sales Tax around the world, we recommend our customers seek professional advice on the correct approach to sales tax for your Shopify accounting.
Ask your accountant or seek advice from one of our A2X Experts to find out what tax rules apply to your situation. Reach out to us if you need help applying those taxes to A2X at firstname.lastname@example.org.
Once you have mapped your accounts and taxes for your Shopify transactions, you are ready to review and post your first Invoice or journal to your accounting system.
If you make mapping changes, be sure to save your mappings again.
Next Article: Step 5 - Send your first Invoice or Journal to your accounting system.