Accounting Enhancements

Slatwall isn’t an “accounting” system or platform - it doesn’t try to be. However, there are users who leverage a number of features and functionality in Slatwall to track expenses and want to gain an understanding of the costs around their eCommerce businesses.

What It Is:

• Implement new chart of accounts and categorization of those accounts as revenue, expense and more.
• A new setting will allow for the categorization at each SKU.
• All the costs associated with a vendor order, for inventory replenishment, can be tracked including Shipping & Handling costs to give an accurate picture of product cost.
• With the ability to manage and track inventory at multiple locations, each individual location now has its own inventory and inventory cost number.

Why It’s Great:

For the type of user who invests a significant amount of time in Slatwall, merchandising and creating promotions, the new pricing and cost data at a product level is invaluable. How much should we be selling this item for? What does our cost look like? How much are we making per sale? The inventory tracking on a location by location basis means that any changes as a result of a vendor order are changing dynamically - adjusting the available inventory and the cost of that inventory in real-time.