The integration of QB with Shopify can be understood as their synchronization. This synchronization helps you in the auto-export of your payments, orders, taxes, line items, and so much more. To perform Shopify QuickBooks Integration, usually, third-party applications can be used. Based on the app you prefer, the features, as well as, advantages of the integration can be different.
Here, we have focussed on the use of such an app for integrating the commerce platform with this Intuit software. With us, you can see how to integrate QuickBooks and Shopify. The method which we will be sharing will be best for the users of QB Desktop, Online, Enterprise, Point of Sale, etc. In addition to this, you can closely look at the definition, features, advantages, and reviews relating to their integration.
This reading comprises several sections. You can know more about the sections here:
- Defining QuickBooks and Shopify integration
- Features of Shopify QuickBooks Integration
- Auto-export Payments for Shopify
- Auto-sync your Information and Inventory
- Exporting Orders of Shopify in the Form of Sales Receipts
- Access to Account Balances and Export Summary
- Set up Accounts for Gift Cards and Income from Product Sales
- Set up Tax Agencies and Import Rates for Taxes
- Easily Export Your Taxes and Line Items
- How to Integrate Shopify and QuickBooks, QuickBooks Desktop, QBO, QBPOS, or QuickBooks Enterprise?
- Advantages of Shopify QuickBooks Integration
- Shopify QuickBooks Integration Reviews
Defining QuickBooks and Shopify integration
For those who use QuickBooks and Shopify, software integration is worth trying. When you integrate QuickBooks with Shopify, it means that you sync the accounting software with the commerce platform. Thus, you are able to sync the processes relating to accounting with your orders. This integration entitles you to several features. Also, based on the version of QuickBooks you use, the features can vary. Using different applications, this integration can be done between Shopify and QuickBooks, QuickBooks Desktop, QuickBooks Enterprise, and QuickBooks Online.
Features of Shopify QuickBooks Integration
There is a range of features that can be accessed when you integrate Shopify with the QuickBooks program.
Auto-export Payments for Shopify
It has been found that by integrating Shopify and QuickBooks, your fees, payments, payouts, etc., can be auto-exported. You will only be required to turn on the setting for the same to avail of this feature.
Auto-sync your Information and Inventory
Syncing all your information about accounting and commerce is the best benefit of the integration. Along with this, Shopify QuickBooks inventory integration is another feature that you get access to.
Exporting Orders of Shopify in the Form of Sales Receipts
By integrating QB with Shopify, your orders can be exported in the form of sales receipts. Along with this, your previous data can also be exported from the commerce platform. Thus, you can easily shift it to QuickBooks.
Access to Account Balances and Export Summary
As you now know, the orders of Shopify can be exported to the QB software post the integration. Speaking further about this, you will receive a complete summary of these orders. The summary will comprise the relevant values as well.
Set up Accounts for Gift Cards and Income from Product Sales
After you have integrated QuickBooks with Shopify’s platform, you can select your current account. In this account, the details relating to your orders can be imported. Along with this information, gift cards can also be added to the account. New users can also add a new account for the purpose.
Set up Tax Agencies and Import Rates for Taxes
An important feature that becomes accessible by integrating QuickBooks with Shopify is that of setting up tax agencies. The new agencies can be easily set up along with the rate of tax.
Easily Export Your Taxes and Line Items
The integration of the Intuit accounting software with Shopify reduces the need to separately add taxes, line items, etc. Interestingly, the integration enables you to auto-export them. Thus, individually including each one of them may not be required.
Please Remember: As you decide you integrate Shopify with this accounting software, you must not forget that various versions of QuickBooks are available. Based on the version that you are integrating, the availability of these features can vary. Also, depending on the version of the accounting software, you may get access to more features than shown here.
How to Integrate Shopify and QuickBooks, QuickBooks Desktop, QBO, QBPOS, or QuickBooks Enterprise?
There are several applications available that enable Shopify QuickBooks Integration. Using third-party applications, you can integrate QuickBooks Desktop, QuickBooks Online, QuickBooks Enterprise, QuickBooks Point of Sale, etc., with your account.
To start the integration process, you can download and install the app that is best for integrating Shopify with QB. Then you can visit the website of Shopify. Start connecting this application with your account on Shopify. After this, you can type in the information asked for integration with QuickBooks. Later, you can decide the frequency of synchronization and import your sales for the inventory.
- To begin, choose the best app to integrate Shopify and QuickBooks or its version.
Tip: Prior to performing this step, it will be helpful to find out the current version of QB that you are using. After this, you can choose the app for integrating the software with Shopify’s platform. Also, ensure that the chosen app is supportive of the same version. Since the app may require certain charges for the integration process, confirming all of this will be suggested.
- Download and install the app.
- Access the app and pay the charges if required.
- Now, open the website of Shopify.
- Navigate to the admin panel of the website.
- Verify the application that has been installed in step 2.
- You will be asked for certain information to connect to the app. Enter it.
- Next, input the details for integrating the commerce platform with QB.
- The frequency of synchronization needs to be selected now.
Please Remember: The frequency of synchronization refers to the number of times the data of Shopify should be merged with that of QuickBooks. Your data can be merged on a weekly or everyday basis. Along with this, you will also get the option of merging it on a monthly basis. The frequency for the same can be decided as per your requirements.
- For managing your inventory, you can import the sales in this step.
This method very well shows how to integrate QuickBooks with Shopify. Using it, you can choose any application and start the integration. The steps of this method can assist you in syncing Shopify with most versions of the accounting software. However, there can be certain variations in the details asked for integrating the two. These variations can arise based on the app that you have chosen. Irrespective of the information or details asked, ensure that you correctly provide it.
Advantages of Shopify QuickBooks Integration
QB Desktop, QuickBooks Enterprise, QBPOS, or QuickBooks Online integration with Shopify can promise you certain advantages. We have listed the best ones among these as follows:
- Managing the financial information of your business becomes better with this integration.
- Seeing fewer errors in accounting operations can be easily expected.
- You can organize your expenses in QuickBooks Online/Desktop in a better way.
- Data synchronization becomes automatic, thereby, reducing your work.
- Integrating QB and your Shopify account lets you access detailed reports for a variety of things.
- For managing your store or business, less effort, funds, and time will be invested.
Shopify QuickBooks Integration Reviews
The integration of a commerce platform like Shopify with QuickBooks seemed beneficial as it was announced. After trying it, a vast number of users have indeed found it to be advantageous. As per these users, automatically syncing the data has been very convenient. They also believe that the range of features available with this integration is immense.
The users who are familiar with QBO and QuickBooks Desktop Shopify integration say that managing their businesses has become easier. According to some of them, the availability of detailed reports helps in keeping a check on various aspects of their businesses.
Quite interestingly, this integration can be done with most versions of QuickBooks like QBDT and QuickBooks Point of Sale. As per the reviews, no users of QuickBooks and Shopify can be left behind due to this availability.
Our Final Observation
Now that you have gone through this reading, you would be well-familiar with QB and Shopify integration. We listed the main features that you can get post their synchronization. Also, the simple method given here would enable you in integrating various versions of the accounting software with your Shopify account. Even for QuickBooks Online or QuickBooks Enterprise and Shopify integration, this method shall be of help. Based on your experience, we hope that your review of the same will be positive.
You may be owning a Salesforce account. Should you like to learn the method for Salesforce QuickBooks integration, don’t forget to check our blog.