We all know that eCommerce businesses these days earn a lot of profit. They process thousands of products includes data that needs to be processed and used in account management.
Processing and storing data for every order becomes tedious and time-consuming. But with Magento 2 Quickbooks, the time and the errors can be reduced and organized so that you can track them easily.
What is QuickBooks?
Accounting software that is cloud-based and that keeps all your accounts accurate and up-to-date. To get the extension, you can contact any platforms that provide you with the same software to keep your business manageable.
These products would help to pump the small and medium size businesses and cloud-based applications that take care of the business payments, manage and pay bills, and payroll functions.
QuickBooks Features
QuickBooks comes with features that can help you with your eCommerce store. Lets go through its features as follows-
•** Free from location:** You can easily manage your business and still organized. It can work on any desktop, phone, or other smart device.
• Track the Expenses: Using Quickbooks, you can easily take the snap to save receipts and then track them online.
• Performance of the business: With the help of the dashboards and customizable reports you can check instantly.
• Know date of Cash Flow: You can pay vendors' bills on that day only when the due date comes. In short, it will let you know your due date by scheduling the recurring payments.
• Develop and send forms: You can easily create custom, professional invoices, sales receipts, and estimates and share in a short period.
• Easily Integrated: QuickBooks can be integrated with your eCommerce stores or other software to manage your workflow.
• Unlimited Support: Using QuickBooks, support is always available. You can have all the answers to your questions.
How Magento2 Quickbooks Online integration can be achieved?
Taking the help of the Magento2 QuickBooks Online Integration app, it can achieve. For achieving this with the help of the app, you need to go through the following steps for the installation. But we need the help of something that can carry out the synchronization process.
Then comes the Magento Connector for the rescue by Intuit that make you do the synchronization process of the Magento 2 QuickBooks online of the accounting software.
We generally have the following two methods of Magento2 QuickBooks Online Integrations-
Method 1: Using the App for Magento 2
There comes an app named QuickBooks Online Integration that help to sync with Magento 2. It has the capabilities to handle your accounts data in a better managing way.
First, you need to check with the marketplace of your eCommerce platform to have this app. After that, you need to search the app and then can provide the information as a version of the store, edition, etc. Then you need to complete the payment procedure to have access to the app.
Method 2: Through the Magento Connector by Intuit
The other method to integrate the QuickBooks online with Magento2 is to connect it via Magento Connector which is available by Intuit. This method would help to save your time and efforts by connecting the software automatically.
The main work it does is synced all the multiple sales channels to make sure that the stock level is up to date. Then the Connector’s link is to be tapped and presses the Get App Now button.
After pressing the button, the only thing you left is to enter the Intuit username and password. Continue with all the prompts to complete the Magento2 QuickBooks Online integration.
Features of Magento2 and QuickBooks Integration
With the QuickBooks integration, it becomes very easy to track the incomes. The status gets automatically updated on the income of the profit and loss statements at the time it is scheduled.
Many statuses can be synchronized such as your orders, invoices, products, credit memos, customers, etc., can be synchronized.
There are lots of features after integrating the Magento 2 with the QuickBooks-
• With the accounting software, Tax rates can be mapped with the Magento orders.
• Invoices can easily get synchronized with the integrated software.
• Payments can be tracked easily.
• Transfer of products can be done efficiently from Magento to QuickBooks.
Conclusion
Magento2 QuickBooks integration helps you with transaction-related work. It can easily help you to manage your accounts by tracking all the information. It would work in real-time by automatically updating all data from Magento to Quickbooks.
This is a very important extension to your eCommerce marketplace. Makes accounting much easier for you.
Top comments (1)
This blog showed you all the features of QuickBooks. That's because QuickBooks is a comprehensive accounting software package that offers a wide range of features to help businesses manage their finances effectively. The software is designed to streamline financial management processes, save time, and provide accurate insight into your organization's financial performance.