NEWS AND HELPFUL INFORMATION ABOUT ACCOUNTING AUTOMATION
At Bookkeep, we’re geeking out over the launch of our newest integration for Amazon Seller, because of how easy, user friendly, and most of all financially accurate it is. For business owners, accountants, and bookkeepers, automating your bookkeeping makes tracking your sales and earnings exponentially easier. Currently, for Amazon, you
Accounting for cannabis businesses is much like any other consumer goods with one important exception: cash control is critical. Cannabis retailers cannot accept credit card payments due to federal law that still prohibits the sale of cannabis. As a result, retailers are forced to accept cash. Large amounts of cash. It’s critically
Did you know there are at least four ways to sync Amazon Seller financial data to QuickBooks? Run a manual report from Amazon Seller Central and book journal entries manually Use an app that syncs all transaction-level data into QuickBooks Use an app that summarizes data based on payout dates
Are you thinking about building accounting integrations for your ecommerce platform? Your customers have been demanding it, and you want to keep them happy, I get it. You might be tempted to build your own integration for QuickBooks or Xero. Let me tell you why you should think hard before
Shopify payments in QuickBooks – it should be an easy thing, right? But if you have a Shopify store synced with a QuickBooks account … you know how tricky ecommerce bookkeeping can be, even for simple things. So here are three common integration mistakes we see when Shopify and QuickBooks
Now that you receive payments from many providers, like Shopify, Square, Grubhub, Paypal, and Stripe, to name just a few, there’s a lot of confusion among business owners (and some bookkeepers) regarding what a payment clearing account is, and how to use one correctly. Proper bookkeeping is an essential part
Square recently released a new business debit card that connects to your Square balance. I thought I’d try it in my wine store, and discovered some things you ought to know about it. When they say no fee, they mean NO fee. The Square Card itself is free to order
One of the most frequent questions we get regarding Square QuickBooks integration is: “Does QuickBooks integrate with Square?” The short answer is yes. But the real question is: How does the integration work? What’s important is finding the most efficient way to sync Square to QuickBooks to account for each component of your business correctly. If
There are two methods to consider when accounting for credit card processing fees or merchant fees: either as a cost of sales (or COGS) or as an operating expense. Here are the pros and cons of each. Treating the fees as a cost of sales (also known as the cost of goods
In any business, the ability to generate a profit from the business is essential to being successful, whether it’s a neighborhood retail store, a cafe or an online ecommerce business. For purposes of this article we will focus on ecommerce businesses, although many of the elements here also apply to retail stores. Let’s