QuickBooks Online (QBO) or Desktop is a powerful tool for streamlining financial management for eCommerce businesses on platforms like Shopify, Amazon, Etsy, eBay, and WooCommerce.
Let us simplify your finances while you focus on growing your business.
E-commerce expertise
Automating Bookkeeping with
Third-Party Integrations
Integrating QuickBooks with eCommerce platforms automates data entry, syncs sales, and updates financials in real time, reducing errors and saving time. Popular integrations include:
- Shopify -Syncs sales, refunds, and payouts automatically
- Amazon – Tracks FBA and FBM transactions, fees, and deposits
- Etsy & eBay – Imports transactions and categorizes income and expenses
- PayPal, Stripe, & Square – Streamlines payment processing and reconciliation
Managing Inventory
& Cost of Goods Sold (COGS)
eCommerce businesses require accurate inventory tracking to ensure profitability. QuickBooks allows for:
- Real-time inventory management to track stock levels
- Automatic COGS calculations to measure profitability
- Purchase order tracking or supplier payments and inventory restocking
Handling Sales
Tax Compliance
Handling Sales Tax Compliance selling across multiple states or countries means dealing with complex sales tax regulations. QuickBooks, along with third-party apps like TaxJar or Avalara, can:
- Automatically calculate sales tax based on customer location
- Generate sales tax reports for easy filing
- Ensure compliance with state and local tax regulations
Recording Income &
Expenses Accurately
QuickBooks categorizes eCommerce income and expenses properly to maintain clean financial records:
- Income tracking from multiple sales channels
- Expense categorization for ad spend, shipping costs, and platform fees
- Bank & credit card reconciliation to ensure accurate cash flow
Financial Reporting &
Business Insights
Understanding your numbers is key to growth. With QuickBooks, you can generate reports such as:
- Profit & Loss Statements Monitor revenue, expenses, and net profit
- Balance Sheets Track assets, liabilities, and equity
- Cash Flow Statements Manage operating cash flow efficiently
- Sales Reports by Channel Identify top-performing platforms and products
Bookkeeping Clean-Up
& Catch-Up Services
If your eCommerce books are disorganized or behind, we offer:
- Historical data clean-up to fix errors in past transactions
- Reconciliation of sales, payments, and expenses
- QuickBooks setup and optimization for accurate reporting
Expert QuickBooks Consultation & Support
Whether you're launching a new store, migrating from another system, or need ongoing bookkeeping support, we provide:
- QuickBooks setup for eCommerce businesses
- Custom workflows for inventory and order tracking
- Training and consultation for business owners and staff
- Ongoing QuickBooks troubleshooting and support
Let’s Get Your eCommerce Finances in Order!
As an eCommerce bookkeeping expert, we can help you optimize QuickBooks to streamline your accounting, automate tedious tasks, and improve profitability. Contact us today to discuss how we can tailor QuickBooks to your business needs!
