Klarna to e-conomic
Klarna's fees and payouts, booked in e-conomic against the sales from your shop. Each payout clears exactly the sales it paid, so the bank ties.
- Status
- Builtnot live
- Clearing account
- 5830back at 0.00 after each payout
- Chart of accounts
- e-conomic standardsuggested accounts, yours to change
- Kinds of event
- 3booked as balanced vouchers
Status, honestly
Built · not live. Klarna: Run against a real Klarna test account. No customer uses it; not yet live. e-conomic: Built and tested against our own test systems, and checked against e-conomic's published API description. Not yet run against the real e-conomic; not yet live. Where each connector stands
What is booked when
Each sale is booked in e-conomic the day it happens, on the clearing account. When Klarna pays out, one voucher moves the money to the bank, and the clearing account is back at zero.
| Account | Debit, DKK | Credit, DKK | VAT |
|---|---|---|---|
| 9–11 Nov · Sales, 12 orders | |||
| 5830Clearing, Klarna | 7,480.00 | ||
| 1010Sales | 5,984.00 | 25 % | |
| 7210Output VAT | 1,496.00 | ||
| Σ | 7,480.00 | 7,480.00 | |
| 11 Nov · Refund, 1 order | |||
| 1010Sales | 384.00 | 25 % | |
| 7210Output VAT | 96.00 | ||
| 5830Clearing, Klarna | 480.00 | ||
| Σ | 480.00 | 480.00 | |
| 12 Nov · Payout from Klarna | |||
| 5820Bank | 6,783.10 | ||
| 3620Payment fees | 216.90 | ||
| 5830Clearing, Klarna | 7,000.00 | ||
| Σ | 7,000.00 | 7,000.00 | |
| Clearing 5830 after the payout | 0.00 | ||
Example amounts. Account numbers are our suggestions in the e-conomic standard chart used in Denmark. You or your accountant can change every one. They have not yet been reviewed by an accountant.
The clearing account closes
Between a sale and its payout, the money sits on the clearing account 5830: money Klarna owes you. Every payout clears exactly the sales and refunds in it, so the account returns to zero with each payout, and at month end it holds only what is still on its way. Anything left that should not be there is listed for you or your accountant to look at.
What gets booked, and how
- Fees
- Klarna's fees are booked as a cost 3620 when the payout shows them, so revenue stays at what the customer paid. You choose the VAT on fees: none, reverse charge, or domestic VAT.
- Payouts
- Each payout is one voucher: the money moves from the clearing account 5830 to the bank account 5820, net of fees. It is booked only once every sale in it is booked, so it ties to the cent.
- Refunds
- Reversed on the same accounts as the sale, on the day they happen.
What you control
- The accounts
- We suggest accounts from your own chart of accounts. Keep them, or change any one.
- The start date
- Book from today, or from the start of your financial year.
- Review first
- Turn on review mode and nothing posts until you or your accountant approve it.
- VAT on fees
- Pick how the fees are taxed. It applies from the next payout.
- Your accountant's access
- Give your accounting firm a login of its own: read only, or read and approve.
- Stopping
- Disconnect whenever you like. What has been booked stays in your books.
When something fails
- Short outages retry on their own
- If e-conomic is down or busy, we wait and try again. Each voucher carries a reference and a retry looks for it first, so nothing is booked twice.
- What only you can fix is said plainly
- Sign in again, an account that is missing or inactive, a locked period: you see it in plain words, with the one thing to do.
- A payout waits for its sales
- If a payout arrives before a sale in it, it waits and is booked once the sale is.
- Closed months stay closed
- Nothing is booked into a period that is locked or signed off. Late items go on the first open day, with the original date in the text.
- We check the books
- Every six hours we check that what we booked is still in e-conomic and that every payout cleared. A difference is shown to you, or fixed by us when it is ours.
About e-conomic
Each event lands as a draft in a daybook journal in e-conomic, one line per row, for you or your accountant to book.
About Klarna
Payment provider, read beside your shop. Klarna is read beside your shop (Shopify or WooCommerce): the shop gives the sales, Klarna's settlements give the fees and payouts.
Want this connector when it's ready?
Nothing is live and nothing is for sale yet. The next page says how you will be able to hear about it.