QuickBooks Online and Toast Integration Tutorial

Toast does not have a good integration with QuickBooks this video will help you record all your toast expenses, sales tax, gift card liability using an alternative method.
This is a step by step tutorial to help you succeed recording your monthly income and expenses from toast.
For a one on one tutorial, clean up or catch up work, or ongoing bookkeeping please contact us at:
www.thebookkeepingxperts.com
[e-mail]
407 504 9828

[@Umie-p7c]

As Usual, It's useful. Thank You !! 😊

[@ClaudiaXperts]

You are very welcome!

[@adil.abbasi1.0]

Great lesson as always. Thanks for sharing such high value info. I would request you cover Shopify and Amazon/QuickBooks topics. Also if you could explain how to understand their sales reports.

[@ClaudiaXperts]

Thank you, I will cover those Shopify is next!

[@adil.abbasi1.0]

@@ClaudiaXperts thanks, and using sales summary function in QB too

[@heathersimon5917]

Working on QBO for a food truck. In the clearance account you mentioned recording income and expenses for Toast. For example, there are monthly fees associated with using the toast POS system automatically debited from the bank account. Should that be recorded under the clearance account? When recording September sales and adding the bank settlement deposits the clearance account has a balance. You mentioned it should zero out.

[@ClaudiaXperts]

Hi Heather if the monthly fees are going through your checking account you just categorize from the bank feed no need to enter in the clearance account. At times clearance may hold funds, therefore, there will be a different till the funds are released.

[@venkatasivakrishnaabburi3633]

May I know how are you tracking the toast fee in QuickBooks? or are you ignoring the fee and taking only the net revenue from Toast

[@ClaudiaXperts]

Not ignoring the fees, recording according to the reports.