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The 5 best accounting plugins for WooCommerce

Retailers are increasingly attracted to the idea of owning an online shop, especially in the current climate. Digital agencies such as weDevs or NOUS Open, Useful & Simple seek to make life easier and support retailers who want to get started by creating plugins that will enable your accounting software to work with your WooCommerce shop.

Why use an extension to do accounting on your website?

Integrating your WooCommerce shop sales into your accounting balance sheet is a must. Using a tool such as an plugin can save you considerable time in managing your sales. 

We have compiled a list of the best WooCommerce plugins for accounting. 

Are you looking for an plugin that is easy to use, adaptable and competitively priced?

“We have the solution to your problem.”

The best plugins that will connect your accounting software to your WooCommerce shop

Here is a quick list of plugins, and we will go into detail afterwards.

  1. WP ERP
  2. WooCommerce Accounting
  3. Geo POS
  4. Xero
  5. WooCommerce FreshBooks

1. WP ERP

Logo WP ERP

WP ERP by weDevs is a very comprehensive plugin that allows you to do CRM, HRM, and even accounting, which is what we are interested in here. 

Its automatic system makes it very easy and user-friendly for all business owners to understand in a simple way and perform the tasks that the accounting department needs to do.

Features:

Synchronise

All your customer data with WooCommerce CRM and manage it better. (£5.99/month)

Payment options

for your website with the most popular payment gateways such as PayPal or Stripe. (£4.99/month)

Salary management

Simplify employee payroll and automate payments with the WordPress Payroll System Plugin. (£7.49/month)

Workflow automation

Emails, contacts, job creation and more with a systemic solution. (£7.49/month)

Reimbursement process

easier than ever thanks to advanced features. (£4.99/month)

Unlimited field addition

Add as many fields as you want with different types of validation. (£4.99/month)

Inventory management

of your products within your accounting software. (£4.99/month)

The price!

The base price is £12.99 per month, and you can add each feature to your plugin and accounting software.

2. Accounting for WooCommerce (WooCommerce Accounting)

Img produit Comptabilité pour Woocommerce Pro

Accounting for Woocommerce by NOUS - Open, Useful & Simple is an easy-to-use plugin that does not require complex and costly synchronisation. You can generate your accounting export directly to the main accounting software packages: CIEL, EBP Comptabilité, Cogilog, GNUcash, Isagri, in accordance with your company's chart of accounts – including cost accounting! Accounting for Woocommerce also allows you to export CSV files according to different VAT rates! Perfect for SMEs and microbusinesses, this agency offers a free version of its plugin. 

Features:

Simplified accounting

Define general codes for each type of accounting information: Revenue, taxes, shipping costs, payment methods, accounting ledger, cost accounting.

Integrate the detailed chart of accounts

Define detailed accounting codes for each product

Exports

Export the main solutions on the market: CIEL, Cogilog, etc. You can also export your assets and orders by type (payment, date, etc.), but you can configure them yourself field by field.

The price!

Unlike the previous plugin, it is a one-time purchase priced at €119.

3. Geo POS

Logo Geo Pos

Geo POS is a WordPress accounting plugin. It is a smart business tool for supplier management and data management that allows you to make customised transactions and record all payment activities. You can integrate sales and purchases into one account and track invoice payments.

Geo POS is a well-designed and comprehensive point-of-sale application packed with features such as invoicing, quotations, stock management, customer management and much more (see details below).

Features:

Customer management

Inventory management

Employee management

Personalised email templates

Export and data backup

Invoicing

Online purchase

The price!

The basic price is $7 per month.

3. Xero

Logo Xero

Xero is developed directly by WooCommerce and is a highly functional plugin. It will take care of important accounting tasks such as financial and administrative matters through stock tracking and invoicing. Developed directly by WooCommerce, Xero is a great plugin that has all the features you need to manage your shop's accounts. 

Features:

Collaborate with your accountant and your team

Get paid faster for better cash flow

Protect your company data

Inventory tracking 

Invoicing

The price!

This extension will be slightly more expensive than the previous ones; that is to say, it will cost €20 per month.

3. WooCommerce FreshBooks

Logo FreshBooks

FreshBooks is accounting software for small and medium-sized businesses. WooCommerce FreshBooks is a plugin that connects the WooCommerce shop to FreshBooks accounting software. In this case, we are talking about a specialised extension because it can only be used with one software programme. However, even though it can only be used with one accounting software programme, it simplifies various tasks.

Features:

Invoice creation as soon as an order is placed

Sending invoices by email

Order synchronisation

Select which orders to synchronise with FreshBooks based on payment status, fulfilment status, or order source.

Creation of objects

Creation of an item in FreshBooks when it is created or modified in the WooCommerce shop.

The price!

It is a subscription that costs $5.50 per month.

In conclusion:

We find many good plugins that will connect the accounting software to the WooCommerce shop. Our solution seems to be the most interesting based on the following three criteria: the prix, la facilité d’utilisation et enfin l’adaptabilité

Why this choice? 

It is the most expensive option to purchase, but it is a one-time purchase and there is a free, simplified version available for life for those who have fewer requirements in terms of functionality. In addition, it is very easy to use and install, which is not the case with all software. Finally, we found it to be the most adaptable because it can be used with several ‘classic’ accounting software programmes, which means you can keep your existing software for your business and avoid having to retrain your employees on how to use new software.

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