ACCOUNTING INTEGRATION OVERVIEW

Easily sync POS data with MYOB or Xero

On screen - accounting link

GET A UNIFIED VIEW OF YOUR FINANCES

Sync your POS data with Australia’s favoured accounting platforms.

The Retail Express Accounting Link is a free software tool enabling integration with Xero and MYOB.

It is designed to transfer transactional data from Retail Express into a retailer’s chosen accounting software solution.

Once setup, all relevant accounting transactions are easily and quickly imported into your nominated accounting package.

WHAT DATA IS IMPORTED?

Imports all key POS data from Retail Express.

Sync through your daily summary accounting data including:

  • Sales transactions
  • Payment totals
  • Cost of sales
  • Suppliers details
  • Purchase orders
  • Inventory movements including stock adjustments, stocktake variance and inter-company stock transfers

DOES IT TAKE TIMING OF SALES INTO ACCOUNT?

Yes – and with Retail Express, you’re in complete control.

Choose from a wide range of options for the timing of when sales and purchases are imported.

Sales Options:

A. Standard accrual basis – date the sale is created in Retail Express
B. Fulfilled accrual basis – date when all products are 100% fulfilled
C. Standard cash basis – date the transaction is paid in full
D. Fulfilled & paid basis – date when sales is 100% fulfilled and paid

Purchase Order Options:

A. Date the purchase order is created in Retail Express
B. Date the supplier invoice is received in Retail Express

WANT TO LEARN MORE?

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