Solution
Get commerce data into the accounts with less manual handling.
Reduce the manual movement of sales, fees, VAT, payouts and payment information into financial systems.
The flow
Where the information should travel
Every hand-off in that chain is either automatic or somebody's morning.
- Sales
- Payments
- Fees
- Settlement
- Accounting
The problem
Where this usually goes wrong.
Businesses often spend hours retyping or reconciling information that already exists somewhere else.
- Sales entered manually into the accounts
- Fees difficult to reconcile against takings
- Payout data unclear or aggregated
- Multiple exports and spreadsheets in between
- Month-end preparation taking too long
- The accountant receiving fragmented information
What we look at
Assessed during the Commerce Review.
- Accounting software and how it is used
- Current sales data and its format
- Payment reports available from the provider
- Fees and how they are recorded
- Payouts and their level of detail
- Bank feeds and their alignment
- VAT and data requirements
- Reconciliation workflow
- The month-end process itself
Capability
What we can put in place
- Better sales data flows into the accounts
- Payment and payout data into accounting software where supported
- Bank-feed alignment
- Simpler reconciliation
- Reduced manual preparation
- Clearer month-end processes
Node Commerce does not replace your accountant or provide tax or accounting advice. We improve the commerce infrastructure that produces the information your financial systems and accountant rely on.
How it connects
Where this sits in the wider setup.
Accounting is the end of the chain. Its quality depends almost entirely on what the till, the payment provider and the bank hand over.
Commerce Review
Better books start before the bookkeeping.
We do not advise on your accounts — we improve the systems feeding them, so your accountant receives complete information and you spend less of the month preparing it.
Book a Commerce ReviewCard terminals, online payments and payment setup built around how your business sells.
Banking & SettlementsSettlement speed, payout visibility and the banking setup behind your payments.
Connected EPOSChoose and configure an EPOS around the way your business actually operates.
Websites & EcommerceBuild or improve your website and online selling, connected with the physical business.
Commerce Review
Let's look at how your business works.
Tell us about your setup and we'll arrange a short, no-obligation conversation. We start with the business, not a hardware quote.
- No obligation and no hard sell
- We look at the whole setup, not one product
- Keep what works — we'll say so when something already does
Prefer to talk first? Contact us.