Accounting API Overview
upSWOT API provides organizations access to vast amounts of financial data and services by integrating with the most popular SMB accounting software and platforms.
Our API solution serves as a consolidated platform for the structured and well-organized financial data network that offers integration with numerous trusted and secure digital accounting service providers.
To obtain data from accounting services, you need an account in that service to connect to the upSWOT system. If you do not have an account, please register with them. In most cases, this is free. It should only take a few minutes.
Accounting API Concepts
Beyond secure data access, accounting integration facilitates significant automation of financial operations, assisting companies with informed decision-making. Our Accounting API covers accounting functions for various use cases, payments, expenses and invoice management, to name a few.
Key Accounting Concepts
References are identifiers that group the transactions, merchants, and accounts, implying who is selling or buying a product and what the product is.
Key endpoints and corresponding fields for the Reference objects include:
| ENDPOINTS | KEY FIELDS |
|---|---|
| Accounts | classApp typeApp subtypeApp currency |
| Company Info | legalName accountingMethodApp balanceAmount hireDate |
| Products | salePrice purchasePrice inventory taxRate |
| Payments | methodApp currency taxAmountOrigCurrency |
Transactions record any business activity that results in a direct effect on the financial status and financial statements of the business. This includes bills, invoices, cost projections and other cash flow statements that include reference data fields indicating major parties involved in the transactions.
Key endpoints and corresponding fields for the Transaction objects include:
| ENDPOINTS | KEY FIELDS |
|---|---|
| Transactions | dateIssue amountTotalOrigCurrency docNumber counterpartyName |
| Bills | dateIssue dueDate amountDueOrigCurrency itemName taxRate |
| Invoices | dateIssue dueDate itemName discountRate |
Reporting is the process of documenting and communicating financial activities and performance over specific periods. For example, balance sheets, income statements, cash flow statements, and other reports underpin company transactions based on their categories, such as assets or liabilities. Companies utilize reports to perform specific calculations and organize accounting data on current financial status.
Key endpoints and corresponding fields for the Reporting objects include:
Accounting API Data Schemas
Company (CompanyId) and Service (ServiceId) are top-level concepts for organizing accounting information. Company objects represent the organization to which accounting data belongs, while Service objects refer to third-party apps from which the data originates.
CompanyId can be retrieved using the Company endpoint.
ServiceId can be retrieved using the Service endpoint.