What is Open Accounting?
Open Accounting is a framework that enables secure, standardized access to accounting data across different software platforms. Similar to how Open Banking revolutionized financial services, Open Accounting allows businesses to share and synchronize financial data between accounting systems, ERP platforms, and business applications through APIs.
Benefits of Unified Accounting APIs
Single Integration
Connect to 20+ accounting platforms through one unified API instead of building individual integrations.
Faster Development
Reduce integration time from months to days with standardized data models and consistent API endpoints.
Real-time Sync
Keep financial data synchronized across all connected platforms with automated data flows.
Secure & Compliant
OAuth 2.0 authentication and encryption ensure data security and regulatory compliance.
Common Use Cases for Accounting Integrations
- Automated bookkeeping — Sync transactions, invoices, and payments automatically
- Financial reporting — Aggregate data from multiple accounting sources for unified reporting
- Expense management — Connect expense tools with accounting software for seamless reconciliation
- Revenue recognition — Automate complex revenue calculations across billing and accounting systems
- ERP integration — Bridge data between ERP platforms and specialized accounting tools
- Desktop accounting integration — Connect with on-premise software like the QuickBooks Desktop API through specialized connectors
- Multi-entity consolidation — Consolidate financial data across subsidiaries and business units
Getting Started with Open Accounting
To start building Open Accounting integrations, explore the Apideck Accounting API which provides a unified interface for connecting to all the accounting platforms listed above. The API supports standard accounting resources including invoices, customers, payments, ledger accounts, tax rates, journal entries, and financial reports.
Ready to integrate accounting data?
Learn more about Open Accounting and how unified APIs simplify financial integrations.
Open Accounting FAQ
Open Accounting is a framework that enables secure, standardized access to accounting data across different software platforms through APIs. Similar to Open Banking, it allows businesses to share and synchronize financial data between accounting systems, ERP platforms, and business applications, enabling automated bookkeeping, real-time reporting, and seamless integrations.
Through unified accounting APIs like Apideck, you can integrate with 20+ platforms including QuickBooks Online, QuickBooks Desktop, Xero, Sage, NetSuite, FreshBooks, Wave, Zoho Books, MYOB, and many more. A single API integration gives you access to all supported platforms without building individual connectors.
Open Accounting APIs typically provide access to: invoices and bills, customers and suppliers, payments and transactions, chart of accounts and ledger entries, tax rates and calculations, journal entries, financial reports (P&L, balance sheet), bank accounts, and items/products. The exact data available depends on the source platform's capabilities.
A unified accounting API acts as a middleware layer that normalizes data from multiple accounting platforms into a single, consistent format. You integrate once with the unified API, and it handles the complexity of connecting to each individual platform, mapping fields, handling authentication (OAuth), and managing data synchronization.
Yes, reputable Open Accounting providers use enterprise-grade security including OAuth 2.0 for authentication, TLS encryption for data in transit, encrypted storage for data at rest, and SOC 2 compliance. Users maintain control over which applications can access their accounting data and can revoke access at any time.