Coming across unapplied cash payment income and expenses in the Profit and Loss report during a QuickBooks Online cleanup can leave you stumped. What are these accounts for and where did they come from? How do you clean up these accounts to get rid of the balances? Keep reading, and I’ll answer these questions and […]
Tips for taking on a massive QuickBooks Online cleanup
Are you taking on a big QuickBooks Online cleanup project and not sure where to get started? I’ve been in your shoes, but after years of performing QBO cleanups, I’ve developed a system for organizing my cleanup projects from start to finish. I want to share my tips for taking on a massive QuickBooks Online […]
Tracking Amazon inventory in QuickBooks Online – the do’s and don’ts
When it comes to tracking Amazon inventory in QuickBooks Online, what are the do’s and don’ts? Well, my short answer is that you do want to track the inventory costs in QuickBooks Online, but you don’t want to track all of the details of inventory in QuickBooks Online. To find out why that is not […]
Integrating QuickBooks Online with Amazon and Shopify using A2X
A common struggle for e-commerce sellers using Amazon and/or Shopify lies in how to get the information from your Amazon and/or Shopify account into QuickBooks Online. There is, of course, an option to manually enter the information, but that can easily lead to errors, and even when done perfectly, would take a lot of time […]
Should you track Shopify inventory in QuickBooks Online?
If you’re an online seller, there may be several options when it comes to tracking your inventory. But, should you track your Shopify inventory in QuickBooks Online? The answer is… well… it depends. In this blog post, I’ll go over the basics when it comes to tracking Shopify inventory in QuickBooks Online, and discuss the […]
Finding an e-commerce accountant who understands Amazon and Shopify
Accounting for online sellers is unique. Finding a good Amazon and Shopify accountant who understands those unique needs can be challenging. It is important to know the right questions to ask when interviewing accountants to handle the financials for your e-commerce business. I’ve come up with a comprehensive list of questions to help you in […]
How to record daily sales in QuickBooks Online
(Note: I have updated this tutorial as of August 2019). Hi everyone. As some of you may know, I have spent the past couple of years building a library of 80+ free QuickBooks Online tutorials. I noticed that most of my tutorials related to entering income in QuickBooks or cover how to enter invoices. What […]