Home Forums Selling online Integrating accounting app with e-commerce

  • This topic is empty.
Viewing 10 posts - 1 through 10 (of 10 total)
  • Author
    Posts
  • #999887
    julzabc
    Member
    • Total posts: 12

    Hi there :)

    I’ve embarked on creating an online store selling car care products via Wix.com.

    Unfortunately Wix only allows Quickbooks integration if you reside in the US. There are 3rd party apps that will connect Quickbooks with Wix, but it’s subscription based and not prepared right now to do that. So, Quickbooks and Wix is a no-go for me.

    Now, I’ve stumbled across Wave Accounting and it can be installed within Wix. My main gripe is Wix doesn’t have a feature to export sales data to Wave. From what I can tell, each time I make a sale via my online store, I’ll need to manually create an invoice in Wave which I find double-handling/inefficient.

    My question is: how would an online retailer export sales data into an accounting software in order to track GST and earnings etc when running an online store? I’m only asking because I assume sales data/tax and whatever else must be recorded somewhere for lodging BAS, and generating reports such as Profit and Loss etc. So please excuse my ignorance if I don’t make any sense as I am rather clueless with accounting!

    All is help greatly appreciated!

    Kind regards,
    Julian

    #1221753
    Spiffy Brian
    Member
    • Total posts: 25

    Your best option is to use an ecommerce service like Spiffy Stores, which is actually built for the Australian market. It includes options to link up directly to Xero, MYOB and Quickbooks and all your sales data is exported directly with income and GST being posted to the correct accounts.

    When you use a “free” option like Wix, then don’t expect too much support for things like this. It all boils down to whether the cost of your time is worth more than the cost of the software if the free option means you have to do everything manually. For most businesses, there’s no real argument about getting the software that actually does the job for you.

    #1221754
    Greg_M
    Member
    • Total posts: 1,691
    julzabc, post: 267868, member: 95104 wrote:
    Hi there :)

    I’ve embarked on creating an online store selling car care products via Wix.com.

    Unfortunately Wix only allows Quickbooks integration if you reside in the US. There are 3rd party apps that will connect Quickbooks with Wix, but it’s subscription based and not prepared right now to do that. So, Quickbooks and Wix is a no-go for me.

    Now, I’ve stumbled across Wave Accounting and it can be installed within Wix. My main gripe is Wix doesn’t have a feature to export sales data to Wave. From what I can tell, each time I make a sale via my online store, I’ll need to manually create an invoice in Wave which I find double-handling/inefficient.

    My question is: how would an online retailer export sales data into an accounting software in order to track GST and earnings etc when running an online store? I’m only asking because I assume sales data/tax and whatever else must be recorded somewhere for lodging BAS, and generating reports such as Profit and Loss etc. So please excuse my ignorance if I don’t make any sense as I am rather clueless with accounting!

    All is help greatly appreciated!

    Kind regards,
    Julian

    I think your real issue may be the choice of Wix as your web platform it doesn’t really stack up as a serious online store imo.

    The Wave integration is really only a “payment button” not an accounting integration.

    I’m a Wave user and find it’s pretty light on when it comes to integration API’s…in fact they’re even cancelling bank feed integrations outside North America at the end of the year.

    If you want to pursue the Wave/Wix combo, they (Wave) have introduced a Google Sheets integration that may do what you want.

    #1221755
    John Debrincat
    Member
    • Total posts: 963

    Wix is rubbish for eCommerce and specially for merchants based in Australia. It has many limitations and is slow. Long term it will cost you more through lost sales than you save with the cheap monthly fees.

    John

    #1221756
    chewlim
    Member
    • Total posts: 13

    What’s your reason to choose Wix over something like Shopify? Shopify has a number of Xero integration.

    #1221757
    julzabc
    Member
    • Total posts: 12

    This is great advice! Thank you for your replies [USER=2969]@John Debrincat[/USER] [USER=5993]@Spiffy Brian[/USER] [USER=38207]@Greg_M[/USER]

    #1221758
    julzabc
    Member
    • Total posts: 12
    chewlim, post: 267875, member: 113941 wrote:
    What’s your reason to choose Wix over something like Shopify? Shopify has a number of Xero integration.

    Thanks for your reply. I was initially with Shopify albeit for two months while building the inventory but the USD/AUD exchange rate meant I was paying aud$49/month, then I realised I’d need MYOB. I think the basic MYOB plan is $29/mth. I know ‘I have to spend money to make money’, but gee whizz. I’m worried the exchange rate could get worse.

    That aside, Wix then appealed to me on price but also the designing/editing side of things was not as limited as Shopify.

    I guess what I should ask is: Is it imperative to have an accounting software/app integrated with an online store for accounting purposes?

    Or, could you simply have a stand-alone accounting software like Quickbooks where I link my business bank account and Quickbooks/Xero etc works out my income/expenses?

    #1221759
    julzabc
    Member
    • Total posts: 12
    Spiffy Brian, post: 267871, member: 5993 wrote:
    Your best option is to use an ecommerce service like Spiffy Stores, which is actually built for the Australian market. It includes options to link up directly to Xero, MYOB and Quickbooks and all your sales data is exported directly with income and GST being posted to the correct accounts.

    When you use a “free” option like Wix, then don’t expect too much support for things like this. It all boils down to whether the cost of your time is worth more than the cost of the software if the free option means you have to do everything manually. For most businesses, there’s no real argument about getting the software that actually does the job for you.

    I just had a look at Spiffy Stores. Do you know if I am able to integrate Quickbooks for free, or would I need to subscribe to Zapier to enable the integration?

    And on the basic plan, does it allow me to integrate fulfillment services such as ReadyToShip, Sendle, Shippo, etc ?

    Thank you.

    #1221760
    eagleeye
    Member
    • Total posts: 31

    How serious are you about your venture? At the moment it sounds more like a hobby you are wanting to grow? Nothing wrong with that – however if you are really serious about it then build it for the future and don’t muck around.

    You will waste a colossal amount of time if you cut corners now to save a few dollars and don’t think about the future.

    Do you research on competitors and your market – throw a decent amount of money at it if you work out it will be viable and you are passionate about it and cop the losses until it starts working for you.

    Building things online takes a massive effort and attracting visitors is a big task. Therefore ask yourself – are you prepared to build your online presence with a huge effort now and then potentially have to rebuild it again with twice as much effort in 12 or 24 months time?

    If you want it to be an ‘on the side’ money making hobby then forget the integration and get a book keeper. For not much out lay if you find a good one, they will take all the headaches away.

    #1221761
    BusinessTrade
    Member
    • Total posts: 210

    You can use platforms like Wix now but you will lack the ability to expand on functionality at a later date. If you are just trying to make a few dollars and not trying to build a serious venture then perhaps save on the upfront investment and just keep doing what you’re doing and just do the bookkeeping manually or hire a bookkeeper.

Viewing 10 posts - 1 through 10 (of 10 total)
  • You must be logged in to reply to this topic.