QuickBooks Integration Profiles

QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions. You can use it for invoicing customers, paying bills, generating reports, and preparing taxes. The QuickBooks product line includes several solutions that work great for anyone, from a freelancer to midsized business.

• Synchronize your sales, products, and customers data
  Although QuickBooks and Shopify are two different platforms, they are complementary. And an integrated application is the bridge to help users optimize the capabilities of both platforms.
  For that reason, you need to replace automation. After integrating Shopify and QuickBooks, your invoices and payments will be updated in real-time, based on your orders online. The data will be summarized and organized in a complete way, from which you can manage the amount of information more easily and reasonably.
• Keep your accountants accurate and up to date
  For any business, the wise management of accounting always brings certain advantages. Time and cost savings make the integration between Shopify and QuickBooks more essential than ever. Besides, good management can help businesses avoid authority problems, help with compliance, and ensure trust with their customers.
  Besides, providing you with an accurate and up-to-date information source in real-time by comparing with QuickBooks makes your Shopify online store grow most optimally.
• Get an honest look at your business
  Up-to-date and accurate information is the foundation for good business decisions. How do you make a sales or production plan if you can’t tell how many units of a product you have in stock? How to make a tax plan if your sales are not correctly and promptly shown in your books?
  The integrated data source captures a broader perspective, which can draw your business’s entire reality, giving you an authentic view of your business.
  Even in the age of AI and today’s powerful machine learning algorithms, adequate and adequate data sources can become invaluable when considering business intelligence tools.

Useful QuickBooks Online features for Shopify sellers

• Cloud-based – by operating in the cloud, QBO is much more flexible than traditional desktop accounting software and can be adapted to suit your lifestyle. Access your accounts across a wide range of devices and stay organized from anywhere in the world.
• Powerful reporting features – easily generate reports to get an accurate gauge on where things are at in your business.
• Accountant access – your accountant can look after your financial records at any time, from anywhere in the world. This makes it possible to collaborate in real time.
• Automatic backups – one of the benefits of being online is that you don’t need to keep manual copies of your accounts and constantly update them.
• Sharp pricing – QuickBooks offers all the features that you’ll need, at a price that won’t break the bank.

• Detailed transaction information into QuickBooks online
  If there are too many customers, adding information is not necessary. That increases the data, as well as makes the Database more descriptive and messy. And in the end, slow down the whole process. But if you have few customers, you should do it right from the start, but to keep the number of customers stable, we recommend finding yourself an app to summarize transactions in QuickBooks.
• Fees and deductions not broken out
  In the illustration above, you could see in QuickBooks that will record the transactions in Shopify. If you don’t have an app that solves sales, refund, sale taxes, and other deductions, so that is not the integrated application you’re looking for. This means that you will not have a visual view of the entire process of managing your business.
• No reconciliation of amounts received
  In Shopify, you have a certain amount of sales, but in Quickbooks, there is a source of receipt from the payment processor. Without collation, this leads to more tasks to do, not optimizing the amount of time spent on work.
• Bad account mapping
  Some E-commerce customers often complain about some apps being unable to manage the number of transactions to the right locations of Shopify accounts. This makes managing in Quickbooks a mess of connecting to Shopify
• Inventory Sync
  Many customers expect the amount of information that they integrate from Shopify through Quickbooks to be truly complete. But we don’t think Quickbook is not really an application that can effectively manage inventory. And what we want to suggest here is that if you get the point where you want to manage inventory and especially multi-channel, then it’s best to separate a cloud inventory application. This allows you to update total inventory information to Quickbooks without having to run all the excess information.

• QuickBooks can integrate with platforms like CMR, ERP, POS, Marketplace, and eCommerce.
• QuickBooks API integration is one way we connect the two platforms, which can help your QuickBooks accounting optimize efficiency and save more time in management.