How to connect your online business to QuickBooks

The day-to-day tasks of an eCommerce business owner are immense.

If you’re running an online store, you’re often busy all day with orders, updating product information, checking inventory, responding to customer enquiries and dealing with supplier. The last thing you want to worry about is the accounting of your books, tracking GST, managing stock and staying compliant. 

Ecommerce is a method of buying and selling goods and services online. The definition of ecommerce business can also include tactics like affiliate marketing. You can use ecommerce channels such as your own website, an established selling website like Amazon, or social media to drive online sales.

One of the best ways to save time (whilst keeping your books in top shape) is to connect your accounting software with your eCommerce platform(s). 

For those of you using QuickBooks Online, the free QuickBooks Connector app helps you do just that – enabling you to sync data between your books and platforms such as Shopify, Amazon and eBay, and many many more, eliminating the need for manual data entry and keeping your figures up to date.

In this blog on Intuit QuickBooks, I write about:

What is a QuickBooks Connector?

• How to Optimise your eCommerce accounting using QuickBooks Online
• I take you step by step how to get started and use an example of connecting your Shopify account to QuickBooks.
• Short videos and tips along the way

Connecting your eCommerce and you’re accounting with QuickBooks Connector

https://quickbooks.intuit.com/au/blog/running-a-business/quickbooks-connector/

Contact Lauretta for support and training

Optimising your eCommerce accounting

As an advisor I help business owners take control and streamline their back-end processes and I can tell you QuickBooks Connector is a life saver. 

Here are 6 reasons why I love QuickBooks Connector:

1. Gives you visibility of all your sales channels in QuickBooks, with daily totals sync and a breakdown of your fees and deductions
2. Saves you a lot of time by not having to manually bring your transactions into QuickBooks, such as daily sales receipts or invoices
3. Highly customisable, allowing you to tailor what data it syncs
4. Makes staying on top of your GST a breeze, which helps with cash flow planning
5. Identifies which products and sales channels are most profitable, through reports in QuickBooks
6. The support team at QB Connector is amazing and loves nothing more than to “get your syncs just the way you want them”!