Thred turns your SME customer’s financial activity into proper accounting - invoices become journal entries, payments update cash position, refunds adjust revenue, bank transactions get categorized and reconciled. Your users’ books stay up-to-date in real-time, powering the P&L, balance sheet, and cash flow reports they see.
What to Sync
Accounts Receivable (AR)
If your platform handles your SME customers’ sales, revenue, or payment collection - whether you are operating a POS system, booking software, invoicing tool, or payment gateway - sync the following data to Thred to keep their books updated in real-time:
Invoices
- Sales invoices from SME customer to their end customers
- Creates receivable balance, recognizes revenue in P&L
Payments
- Customer payments received via card, bank transfer, or cash
- Reduces what’s owed (AR), increases cash
Payouts
- Processor settlements (Stripe, Adyen, Mollie) transferring to bank account
- Moves funds from processor to bank, deducts settlement fees as expenses
Refunds
- Credits owed to end customers from cancellations, returns, or overpayments
- Creates liability, reverses revenue in P&L
Refund Payments
- Actual cash returned to end customers
- Clears the liability, reduces cash balance
Sync in the correct orderCreate customers before invoices, invoices before payments, refunds before refund payments. Violating this order causes validation errors.
Accounts Payable (AP)
If your platform handles your SME customers’ vendor bills or expenses, sync the following data:
Bills
- Vendor invoices the business needs to pay
- Creates payable balance, recognizes expense in P&L
Bill Payments
- Payments made to vendors
- Reduces what’s owed (AP), decreases cash
Vendor Credit Notes
- Credits received from vendors (returns, overpayments)
- Reduces expenses or creates vendor credit balance
Prevent duplicate recordsUse external_id on all create operations to ensure safe retries. If a request fails, retrying with the same external_id returns the existing resource instead of creating duplicates.See complete idempotency guide → Next Steps
Learn about AR integration (invoices, payments, refunds).
For bank transactions, your business users can connect their bank accounts directly in the Thred UI to keep transactions synced in real-time. See bank accounts guide → 