Step 1) Click Magento Icon and ‘Add Magento Channel’ Screen will show up.
Step2: Magento configuration requires the following credentials:
Type following details:
1) Channel Name: Magento ( followed by Shop Name if user has multiple account)
2) API URL: 'website URL'/index.php/api/soap/ (For example http://www.xyz.in/index.php/api/soap/)
3) API User: Follow below steps.
4) API Key: Follow below steps.
For API User and API key, Follow the following steps:
1) Login to Magento admin account.
2) Go to System--> WebServices --> SOAP/XML-RPC Users.
3) Click on 'Add New User'
4) Add the Details.
5) Go to User Roles. and select the roles which has all the rights.
And click on Save User.
User name will be API user.
API key will by API key.
Step3: Click on Save Changes.
Magento Channel Configuration is Done.