During the first execution of the automation, Sush.io creates a payment Method ‘Etsy’. For the Etsy Fees, you can decide to hit one of the account already created in your QuickBooks account, or to use a default account ‘Etsy Fees’ created by Sush.io. By default, Sushio creates in QuickBooks a vendor called ‘Etsy Platform’ and a generic Item called ’Etsy Sales’ (you can still decide to use one of your choice).
New Feature : You can now select any Shipping Cost account within QBO to match your Etsy Shipping details.
Etsy Charges and Sales Receipts in QuickBooks Online
The charges are created as Sales Receipts in QuickBooks. You can define during the setup whether you want Sush.io to create all your customers coming from Etsy or a single customer for all your charges. We keep the charge reference in the Sales receipt and the description comes directly from the subscription plan title or the charge description in Etsy. Same thing for Shipping Costs or Sales Tax information.
New Feature : Etsy Transaction Fees are now included in each Receipt. They support multi-currency and exchange rate will be applied to match your QBO account currency.
Etsy Fees and Expenses in QuickBooks Online
The fees are created as Purchases in QuickBooks. You can define during the setup whether you want Sush.io to create all fees in a predefined expense account or let Sush.io create a new Expense default account.
New Feature : Fees are now bundled within a single Purchase item per day.
Etsy Platform Vendor
All Fees are then available in details within the account created. In this example, through the created Etsy Platform Payee.
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