Retail Orders V Trade Orders

When it comes to accounting for your online sales, you will often want to account for your retail orders differently from how you account for your Trade orders.

Your existing Trade customers will more than likely have an existing unique customer record in your accounts software, with a list of historical purchases. Often, payment is on terms, the price paid for goods is preferential and the orders placed are large. You have a relationship with your Trade customer.

Retail customers are often non-repeat buyers. You may not wish to create a unique customer record in your accounts software for these customers. Payment are typically made with the order and the orders are often for single items at the retail price.

If you use a Shopify or WooCommerce webstore, Tradebox can filter Trade and Retail orders based on ORDER tags. This allows you to create 2 channels in Tradebox, both pointing at the same website. One channel downloads Retail order. The other channel downloads Trade orders.

Each channel in Tradebox allows the user to set up the accounts integration specifically for that channel. Trade orders can be allocated to existing individual customer accounts, including unpaid orders

orders can be split, usually through the use of 3rd party add-ons. Typically, these are B2B customer plug-ins that allow your Trade customers to log in and access special pricelists, product lists, different shipping options, special offers and payment terms. They also allow you to tag each order and identify whether it is a Trade order or a Retail order.

If you are selling to Trade and Retail on either Shopify or WooCommerce, Tradebox can filter these orders and calculate for them differently in your accounts software.