Linking Amazon Business and Quickbooks Online

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  • čas přidán 24. 07. 2024
  • Amazon has been notorious among accounting and bookkeeping professionals for being very hard to reconcile back to! Charges on your credit card never seem to match up to receipts….why!? Well, Amazon Business (Business Prime) has more tools to help with that, and now Quickbooks Online (QBO) has also made an app to help connect and reconcile the two! YAY! A welcome help to bookkeepers and business owners!
    This video shows how to set up the new amazon business app in QBO and also what the benefits are of using Amazon Business over a personal Amazon account.
    Remember, we get that it's not all roses with any software. We cover the pros and cons of QBO here:
    • Truth about Quickbooks...
    Be sure to check out Hector Garcia's channel with tons of bookkeeping and QB tips: / @hectorgarciacpa
    ---------------------------------------------------------------------------------------------------------------------
    💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! claracfo.com/QBO
    🙋‍♀‍Got Employees? Need a payroll company that knows what small businesses need? We recommend Gusto as the best small business payroll provider. Sign up for $100 gift card after you run your first payroll: claracfo.com/gusto
    💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! claracfo.com/melio
    (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)
    Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at claracfo.com/
    Disclaimer: This video is intended for educational purposes and
    should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

Komentáře • 29

  • @coloradocustomlures6229
    @coloradocustomlures6229 Před 3 měsíci +1

    Thanks so much for the info! Very helpful. Definitely hard to reconcile Amazon orders for all the reasons you stated.

  • @Alonzoyas
    @Alonzoyas Před 6 měsíci

    Super helpful video. Thank you so much

  • @scottarmstrong7131
    @scottarmstrong7131 Před 5 měsíci

    Great video! In-depth and organized; categorizing Amazon expenses is much more streamlined now!

  • @andrewsaruna8657
    @andrewsaruna8657 Před 2 lety +1

    Cool! I am discovering something new. I will check it out. Thank you.

    • @ClaraCFO
      @ClaraCFO  Před 2 lety

      Awesome! glad I could share!

  • @kimsullivan
    @kimsullivan Před 2 lety +1

    Thank you so much! I'm a newbie business owner and clueless about accounting. 😕

    • @ClaraCFO
      @ClaraCFO  Před 2 lety

      You will love this series we are working on then! Keep yours questions coming! And welcome to the world of business ownership!

  • @myrnabeardshear2310
    @myrnabeardshear2310 Před rokem

    I sent in my query five days ago about taken on the job of our bookkeping company and rec eiving the current Quick Books backup to work with. Is there any information that would help me with taking over our current records? Love your channel, it's been so helpful already.

  • @lizzybug196
    @lizzybug196 Před 2 lety +1

    When I discovered this, it was definitely a game changer. Life is much easier now lol

    • @ClaraCFO
      @ClaraCFO  Před 2 lety

      Right!??

    • @lizzybug196
      @lizzybug196 Před 2 lety

      @@ClaraCFO 100%! I must have been waiting all these years to start my own firm for QB to make this connection 🤔😂

    • @lizzybug196
      @lizzybug196 Před 2 lety

      @@ClaraCFO Also, loving your channel! I kinda binged your episodes. So glad I found your channel and keep up the great content!

  • @jamesv5802
    @jamesv5802 Před rokem

    Looks great. Do we have to pay the Amazon Prime fee for this account as well as our personal account?

  • @kalebhgoodwin
    @kalebhgoodwin Před 2 lety +1

    Hate spending so much time on trying to find the amazom purchases. Great video

    • @ClaraCFO
      @ClaraCFO  Před 2 lety

      So much time! hope this helps!

  • @DeliciOats
    @DeliciOats Před 9 měsíci

    Thanks for the video. I want to connect Amazon Seller to Quickbooks (and Amazon Business, too, but that's a lower priority). But I'm on the simple start plan and I only have the ability to connect one sales channel (I've already connected Shopify).
    It's telling me I need to upgrade, but I don't know what plan I need in order to get the ability to connect to multiple sales channels. I can't tell by looking at the comparison of features. Any help there would be super appreciated. Thanks!

  • @user-pk7jl2pg5n
    @user-pk7jl2pg5n Před 7 měsíci

    This is super helpful thank you! What do you do when you've categorized everything from the app transactions but then you still have amazon transactions on your credit card that aren't finding matches? I have entire months worth of amazon transactions that had no matches from the credit card side but I categorized them all from the app transactions side.

    • @cialimarmacaisa2003
      @cialimarmacaisa2003 Před měsícem

      Hi! Have you try to create manual entries to match those on your credit card?

  • @SlowitDown777
    @SlowitDown777 Před 2 lety

    Can you download it with these details into QB Desktop?

  • @WestCoastDIYMama
    @WestCoastDIYMama Před 11 měsíci

    Just trying to link amazon business to quickbooks but in the find apps section it doesn't come up. Did they get rid of this add on?

  • @dbcproduction
    @dbcproduction Před 2 lety +1

    Have you ran into the issue when using points or gift card you get a debit and credit trasaction on your card. Also i cant get the app trasaction to match up with the debit or credit

    • @ClaraCFO
      @ClaraCFO  Před 2 lety

      Ugh - I have run into this. Getting the system to recognize these are the hardest ones to clean up. If I come across it again, I will try to record for another video on how to clean it up!

  • @user-op6lx5mx1o
    @user-op6lx5mx1o Před 5 měsíci

    Does the Sales Tax categorize on their own?

  • @richsmith5730
    @richsmith5730 Před rokem

    Thanks for your simple explanations. How do you handle Amazon returns with this?

    • @cialimarmacaisa2003
      @cialimarmacaisa2003 Před měsícem

      Hi rich smith. Have you already found an answer for this? would you mind to share? thank you.

  • @rebeccamonroy5072
    @rebeccamonroy5072 Před 5 měsíci

    It doesn't attach PDF of the invoice? What happens if the url link expires?

  • @fernandomejia5712
    @fernandomejia5712 Před rokem

    what if we dont use Quickbooks how can get a report to integrate?

  • @zaizai2322
    @zaizai2322 Před rokem

    hi Clara, this is great! do you know how to liking Wayfair and other e-commerce with QuickBooks Online?