Amazon allows even the smallest businesses to access customers all over the world. If you sell products through Amazon Business, QuickBooks has recently announced an update that makes tracking your transactions more straightforward. Below are a few reasons to talk about QuickBooks Amazon Integration
3 Reasons for QuickBooks Amazon Integration
1. Reducing Your Workload
Even if you’re a QuickBooks wizard, you might spend hours every week manually transferring transaction records into your bookkeeping software. The new QuickBooks update automates the entire process by synching with your Amazon account and automatically importing sales records several times a day. QuickBooks’ accounting services save hours of work, which you can spend building your customer base.
2. Reducing Errors
When entering sales data by hand, it’s easy to transpose numbers that can throw off your books' accuracy. QuickBooks integration eliminates the risk of typos since the basic information is taken directly from your Amazon account. Not only does this make it easier to maintain your financial records, but it also provides an unmatched level of precision.
3. Compiling Product Data
When QuickBooks imports your data, it divides items sold into different categories and automatically calculates your net revenue. This action identifies your most profitable items and tallies your expenses, giving you a clear picture of your business's financial health. It also gives you the insight to plan and increase your Amazon sales.