How does the Exact Online - Lightspeed financial connector work?

With the iWeb connector between Lightspeed and Exact Online Financial, you no longer have to worry about manual administration. All your customer and sales data are seamlessly synchronized, allowing you to maintain control of your business and save time on repetitive work.

What exactly does the connector do?

Our Lightspeed – Exact Online Financial connector ensures flawless data exchange between your Lightspeed partner account and your administration. This happens completely automatically, so you always stay up-to-date and save time.

1. Customers & contacts

When a customer places an order on Lightspeed, all relevant customer information is immediately recorded as a relationship and contact person in Exact Online. These include:

• Company name, name and address details
• Email and phone number
• VAT number

Advantage:
You always have a complete and up-to-date customer database in Exact Online, without manual entry. This prevents errors and speeds up your invoicing and reporting processes.

2. Sales bookings

When an order is created by Lightspeed, a sales booking is automatically created in Exact Online:

• All order lines, descriptions, quantities, and total price are transferred
• Automatic connection with the correct customer and delivery address
• Automatic linkage to the correct journal and ledger account
• Automatic allocation of the correct VAT code (also ICP/export possible)

Advantage:
Your sales are immediately ready for further processing in your accounting - no more manual entry, minimal chance of errors, and a seamless administration.

3. VAT, payment conditions & more

The connector supports all common VAT scenarios: national, within the EU (ICP), outside the EU (export), and zero rate. This is automatically regulated based on the delivery address and the VAT number of the customer.

Payment conditions, references, and other administrative fields are also correctly transferred.

In summary

The connector ensures that customer data and sales are always synchronized between your Lightspeed partner account and Exact Online. This way, you work more efficiently, flawlessly, and have more time left for your business.

Main advantages

• No more double entry: Enter customer and sales data once, always up-to-date everywhere.
• 100% automatic synchronization: You no longer have to worry about your administration.
• Smart VAT handling: Support for all common VAT scenarios, also for international growth.
• Scalable and flexible: Easily expand with additional modules when you want to automate more.
• Control via the iWeb Control Panel: Manage your settings and mappings yourself, without technical knowledge.

Additional modules & expansion options

Make your connector even more powerful with our expansion modules for Exact Online, for example:

• Grouping module: Link all sales to private customers to one fixed relationship in Exact Online, this keeps your administration organized.
• OSS : Automatically link transactions in the EU to the correct VAT codes in Exact Online and simplify your administration for the One Stop Shop (OSS) regulation. 
• Reconciliation module: Automate the reconciliation of your webshop sales and maintain control of your outstanding posts.

View all modules on our modules page.

Support & SLAs

• Quick implementation: Installation and configuration in clear steps, with the option to test first.
• Support & SLAs: Our team is ready to support you, from support tickets to telephone assistance and proactive management - choose the SLA level that suits you. More information: SLA contracts.
• Personal advice: We are happy to think along with you about the optimal setup for your business.

Want to know more or a no-obligation demo?

Contact us directly or request a demo. Discover the convenience of the Amazon – Exact Online connector and let your administration work for you!