US Sales Tax handling for non-US Shopify Stores now implemented

The Shopify Mobile App is considered a marketplace and as such Shopify is required to collect US Sales Tax for any US orders placed using the App, even if your store is not based in the US and does not have tax nexus anywhere in the US.

You may also have tax nexus in one or more regions in the US and be required to collect Sales Tax via your online store.

As accounting systems are primarily designed to account for domestic Sales Tax/GST/VAT/etc, the best solution in such cases is to record the foreign US Sales Tax on a separate invoice line without any domestic tax applied.

Before you proceed to your integration's Configuration Panel, you will probably first want to create a Current Liability account in your Accounting App for the US Sales Tax lines. To do this...

In Xero: click Accounting > Chart of Accounts (in the "Advanced" section) > Add Account; select "Current Liability" for the account type and fill in the rest of the details for the account;

In QuickBooks Online: ⚙ > Chart of accounts  > New > Create a new account of type "Current liability" for the foreign tax

On to the integration's Configuration Panel... You will find the option "If you have US orders with US Sales Tax, include the Sales Tax as a separate invoice line?" towards the top of page 1. Once enabled, please also check towards the bottom of the page for the options to select the current liability account (nominal code) and the "zero" tax rate to be used for the US Sales Tax lines.

Danish Translation of the e-conomic Configuration Panel is now available

A Danish translation of the e-conomic Configuration Panel is now available and will be the default language for e-conomic integrations. The translations have been auto-generated so it's possible that there are mistakes or that the translations are unclear. In these cases, please refer to the English translation by clicking on the 🇬🇧 flag.

Automated billing of Faire fees now available for QuickBooks Online integrations

Further streamline your accounting by creating bills automatically in QuickBooks Online for the fees that Faire charges you. You will find the option near the bottom of page 1 of the Configuration Panel.

QuickBooks Online is live on the platform for integration with Shopify, Faire, Wix, BigCommerce, Ecwid, etc.

 It is a pleasure to announce the addition of QuickBooks Online to the CarryTheOne platform.

With a special emphasis on proper tax handling, the QuickBooks connector is compatible with QuickBooks Automated Tax for US businesses.

Along with the expected functionality, the integration can create payment fees as journal entries to further streamline your accounting.

Faire Added to Integration Platform

The rapidly growing wholesalers' marketplace, Faire, has been added to the integration platform; so far for brands, but hopefully Faire will make integration for retailers possible soon as well.

The integration allows you to connect your Faire account with Xero, FreshBooks, KashFlow, etc., helping to automate your accounting.

A special feature of the integration is to create Accounts Payable invoices and invoice payments for the fees associated with your Faire sales, in addition to, of course, Accounts Receivable invoices for the sales themselves.

At this stage you will need to contact Faire🗗 for an Access Token that you will enter when configuring your integration. Later, when OAuth becomes available, the process will be streamlined.

eBay added to Integration Platform with emphasis on accounting standards handling of remitted Sales Tax/VAT/GST/etc (BETA)

It is a pleasure to announce the addition of eBay to the robust Accounting Integration Platform. As eBay usually remit Sales Tax/VAT/etc on behalf of the seller, the integration has been specially designed to account for this correctly in your accounting system.

The integration is currently in BETA, which means that it should be monitored in production environments. If you wish to test the integration e.g. against a Demo Company or test Trial Organisation in Xero, please get in touch for a test set-up. In the BETA stage you will have the special opportunity of being able to shape the integration to meet your requirements with less likelihood of needing a specialist customisation.

If you have any questions about the integration, please do not hesitate to get in touch.

Full Refund Support (including multiple and partial refunds) for BigCommerce Integrations

Full refund support has been added for BigCommerce integrations. This means the integration can now create credit notes in your accounting software for partial and multiple refunds.

Existing users who have already enabled the option to create credit notes do not need to do anything. The new functionality replaces the old automatically. To avoid any conflicts however, the integration will not process new refunds for any orders for which it has already created a credit note using the old functionality. If you would prefer that this safeguard is bypassed, please get in touch.