E-commerce platforms contain a lot of helpful information for financial reports. Each E-commerce connection (or store) within an integration can be configured to suit a business's accounting needs.

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Here are the things you can manage in a store's configuration

General Concepts

While each section in the store configuration has its guide, some general concepts are worth being aware of

Line Item Mapping

Each order has line items within them that can be mapped. Orders coming from an e-commerce source will have taxes, fees, shipping, etc. In WeOS, you can configure how these miscellaneous items are imported into your accounting software. Since these items are imported as line items to the order, they need to be mapped to (non-inventory) products that can be associated with an account.

Account mapping

For items that are not associated with an order, an account mapping is done. With account mapping, you can select an account from the general ledger of your accounting software.

Undeposited Funds

Typically if a customer pays for an order using a credit card, the funds are not immediately remitted to the business account. Instead a payout to the business is made at some future date. While waiting for that payment to remitted, the payment should be recorded in the "Undeposited Funds" account and the amount will be automatically be transferred to the business account when a deposit is imported. In the configuration there is an opportunity to map the undeposited funds account to use.