Shopify bill charges show up on your credit card statement as: Shopify. If you want to cancel your account, then you need to pause or close your store. If you want to cancel your account during your free trial and you haven't selected a pricing plan, then you don't need to. Clearing accounts are a valuable tool used for creating transparency and better problem-solving methods in corporate accounting, especially in payroll and with cash payments. But when is a clearing account necessary, and why do they matter? How are clearing accounts best used, and by whom?
5-minute readI recently interviewed Peter Sayers, Director of Wire Industrial and Marine as part of our OneSaas Customer Success Stories initiative which aims mainly to feature our loyal customers and their businesses.We didn’t really look too far as OneSaas was the most highly rated and limited input required. —Peter SayersIn this edition of our podcast, Peter shares how he, a one-man operation, manages to run his online business selling:. hand swages;.
swage tools;. stainless steel wire;.
and wire cutters;used mainly for marine, industrial, architectural and construction, and mining industries. He also talked about how proved to be beneficial for his business.You can watch the one-on-one interview in the video attached above, and below is an excerpt of a separate written interview with Peter:Tell us more about your business!
How long have you been in business?Wire Industrial & Marine “wireindustrialmarine.com.au” is a newly formed subsidiary of Dolphin Marine Pty Ltd. It was created as an online provider of our manufactured products to the market without treading on the toes of our major account customers who are potentially trying to market their entire range to the same market.Dolphin itself has been running for approx. 45 years starting with my father buying this portion of another company, re-branding as Dolphin and selling to a neighbor 22 years ago and then I brought the business back in 2011. How many employees do you have?I am a 1-man operation.
What are some of the objectives and highlights of your business?To be a smoothly operated and genuinely reliable Australian manufacturer competing with products from Asia. How did you evaluate shopping carts to use for your business?
What are the things that you considered?I read a few blog articles online and the common factor was that the Shopify platform was well regarded & relatively simple to use. Describe in detail your situation before OneSaas.
Did you have lots of data entry, etc.?Nothing has changed in the main running of the business, however the integration with the website to MYOB does reduces the double handling of data and also reduces the the risk of error at my hand. If all goes to plan and as the website increases in its visibility on Google I am hoping there will be a substantial increase in turnover. Did you look at any other similar products? What made you choose OneSaas?We didn’t really look too far as OneSaas was the most highly rated and limited input required.
Is there a particular aspect of our product or service that you rely on most?The synchronization is the most beneficial feature for me as the sales pickup I may move to a higher level plan but at this time I can quickly do a manual sync and the invoice is into MYOB without me having to manually input the data. Did that meet your expectations?When I went through the initial setup, it was mostly okay, a few small tweaks since and it is been trouble free. How does OneSaas contribute to your business success?It is an overall part of the business and potential success of the new website. In the future as sales increase the benefits will be more quantifiable.
How much time and money does OneSaas save for your business?At the moment it is probably around 2 hours a month, where I am getting around 12-15 sales a month, but the aim is to get to 50-80 sales a month, the savings in time then will be substantial, if you take into account I value my time at about $120.00/hr. All the while I can continue to operate as a one-man operation and the convenience of working from home. Rarely battling the nightmare that is Sydney traffic. What makes you happy about your business? How does OneSaas help you achieve this?Being self employed and working from home is it’s own reward & no one to control how and when you do things. I regularly will work late at night and have a half day the next day, particularly in beach season!You too can get your business apps automatically talking and sharing data.With your apps working happily together, you’ll be able to get back to business.Adrian Aquiles Abellar is OneSaas' Marketing Manager.
In our highly connected, networked, real time information world, you'd think when you make a payment on a credit card, the amount is immediately transferred to the merchant (the business you're buying from).It is one of the banking systems little secrets that this isn't the case, and it's going to take a major change in the technology that underpins our financial system to change that. Banks & other financial institutions will tell you they're cutting edge from a technology standpoint - the real truth is they're not, with a few exceptions.The underlying problem is that it takes 2-3 days for funds to clear through the various banking systems around the world. The more parties there are in between, the longer it takes. Sign up for a with OneSaas and save 10 hours this week!Formerly a contemporary art curator, writer, and researcher, Milena is now a successful handmakerwho started off making natural skin care products for her friends in 2007. Having receivedlarge amounts of positive feedback, Milena launched in 2009 so more peoplecould enjoy her made-to-order products. Just the Goods is a way for people to experiencenatural skin care without any exposure to mass produced chemicals. Based in Winnipeg, Canada, she receives orders from around the world.
Milena’s products have been granted Champion Status by the Campaign for Safe Cosmetics and is revolutionizing skin care for all. When business apps get alongJust the Goods uses Shopify for its online store and QuickBooks Online to manage itsaccounting. OneSaas seamlessly connects these two apps so that Just the Goods savestime and money.When Milena creates new products in her Shopify store, her products are automatically created in QuickBooks, and when she updates her stock level in QuickBooks, the stock level is automatically updated in Shopify. When customer orders are placed in Shopify, the invoices are also automatically created in QuickBooks.
When a customer cancels an order or requests a refund, the refund receipt is automatically created in QuickBooks. Reliability and ConfidenceBefore OneSaas, Milena was manually entering data with many instances of typographicalerrors: “the process was tedious.” However, she discovered OneSaas and is extremely satisfied with her experience. She believes that she should have made OneSaas her firstchoice from the very beginning and has enjoyed the utility OneSaas has provided her.Milena also loves how reliable OneSaas is with data transfers; she trusts the solution and is confident that her data will not be misplaced. “Every data sync is reliable, and the information transferred is exactly what I want and need without extras I'm forced to change manually so my invoices remain consistent.” More Time Leads to More OpportunityJust the Goods is a small-scale operation that is run by one person by choice. Milena stated, “OneSaas has helped save time on administration so I can redirect attention toward both customer service and production.” By having OneSaas constantly by her side, Milena is able to focus more on what she likes best and is simultaneously saving time and money.“It is much easier to start work each day knowing orders from the previous day have alreadyappeared in QBO, and all I need to sort out my production schedule is to look at what clients have requested. Easy!” Get started with OneSaas today!Sign up for a with OneSaas and have a similar experience! Sign up for a with OneSaas and get your bookkeeping done while you sleep tonight!is based in Ballina, NSW, Australia.
For over 18 years it operated as a physical store on the main street of town. Karen and her husband purchased the business in 2007 and now operate it as an online store only - although Karen does make the occasional house call in the Ballina area. With three main collections (fashion clothing, formal dresses, and work clothes), Karen is providing an affordable and easy way to shop for clothes.
Her customers keep coming back because her number one priority is customer satisfaction. When business apps get alongAmazon Fashions uses Shopify for its online store and Xero to manage its accounting.
OneSaas seamlessly connects these two apps so that Amazon Fashions saves time and money.When Karen creates new products in her Shopify store, her products are automatically created in Xero, and when she updates her stock level in Xero, the stock level is automatically updated in Shopify. When customer orders are placed in Shopify, the invoices are also automatically created in Xero. When a customer cancels an order or requests a refund, the refund receipt is automatically created in Xero. She has even now linked her eBay online store through OneSaas and she believes it will save her lots of time. Work gets done while you sleepBefore using OneSaas, Karen was spending lots of time manually entering data from Shopify to Xero, which led to human errors. Sign up for a with OneSaas and find 5 extra hours this week!Melissa is a mother of two. She started making baby clothes for her daughter with a borrowed sewing machine and travelled to the U.S.
In 2013, she decided to create a business to bring fun and innovative fabrics into Canada. That is how was born. With over 2500 designs, Melissa revolutionized the Canadian fabric industry and was a top-5 finalist for Canada’s Mompreneur Start-Up award. When business apps get alongFunky Monkey Fabrics Inc.
Uses BigCommerce for its online store and QuickBooks Online to manage its accounting. OneSaas seamlessly connects these two apps so that Funky Monkey Fabrics Inc. Saves time and money.When Melissa creates new products in her BigCommerce store, her products are automatically created in QuickBooks, and when she updates her stock level in QuickBooks, the stock level is automatically updated in BigCommerce. When customer orders are placed in BigCommerce, the invoices are also automatically created in QuickBooks. When a customer cancels an order or requests a refund, the refund receipt is automatically created in QuickBooks. Simplicity at its FinestMelissa used to spend hours manually inputting data from her online store to her accounting platform. She did not like the tedious work: “Before OneSaas I was manually entering all my sales one at a time.
It was a process that I dreaded and usually got so far behind at, that I would spend hours upon hours playing catch up at the end of each month.”With OneSaas, her life was made easier by saving her up to 5 hours a week: “It is so smooth. I don't even think about it now, I just let OneSaas do its job while I focus on the fun parts of my business!” Confidence and Trust are KeyWith OneSaas, there is nothing to really worry about. As Melissa stated, “OneSaas transfers all of my customers’ data and website orders to QuickBooks every day for me.
I receive an email with an update on how many transactions were imported and if there were any issues that I need to address.” She is happy that she can go about her day confidently knowing that OneSaas will correctly transfer over any data she pleases.“OneSaas is a wonderful tool for anyone with a website and a QuickBooks account. I process 40-50 orders per day and not having to input each of those is a life saver!” Get started with OneSaas today!Sign up for a with OneSaas and start saving time yourself! If you are an e-commerce merchant in the USA, then it’s likely you need to deal with US sales taxes. This is a highly complex area due to the number of jurisdictions involved, all of which have different rules.45 of the 50 states charge sales tax, up until recently this was on products only. Some states have started adding in services as the size of the service sector grows, again this differs by state.(This is different from something other countries have called a Value Added Tax (VAT) or Goods & Services Tax (GST) which is charged on both products & services, is normally a flat rate, it’s not variable by product, and it’s charged regardless of whether you’re selling to a wholesaler or to an end user.)As a business owner, collecting tax on behalf of the government (any government) is a fact of business life.
As an e-commerce merchant, you want to automate as much as possible within your sales systems. However, given the complexity of the rules, how do you make sure you’re not paying too much?To start with, these four questions are the main ones you need to be able to answer, in this order.A. What state are you in.B. What states do you sell to other than your home state.C.
Do you sell a product or a service (or a mixture of both).D. Are you selling to a wholesaler or end userWe’ll use an example here, where you’re a seller of designer flip flops in California, in an area with a sales tax rate of 7.5%.A. What state are you in?In California, the sales tax rate is 7.5% (including 1.25% for mandatory local taxes). If you’re in Union City (part of Alameda County) this goes up to 10% with the local tax rate.By way of comparison, Oregon is one of the 5 states, for example, with no sales tax. Alaska has no state sales tax however allows local counties to levy sales tax.So any products sold and shipped from a business based in California will attract a 7.5% rate.B.
What states do you sell to other than your home stateTo protect small businesses from the complexity of multi-state taxation, the federal government provides limitations on how states can tax the sale of goods across state lines.
This article is relevant if you desire a usable and scalable practice for reconciling credit cards and other electronic payment charges in the NetSuite business system. BackgroundIn our, we build automations to move information generated outside of NetSuite into the platform. A common example is using a third-party eCommerce system.