Integrating E-Commerce Platforms with QuickBooks Online

If you sell products on a sales channel like Etsy, Shopify, Amazon, or another online store, your business falls into the e-commerce industry. Like other small businesses, it’s important that you stay on top of your bookkeeping. It doesn’t take long before an e-commerce business owner realizes that putting their products on an e-commerce platform isn’t enough. Why? Because most of these platforms only capture one aspect of your business – sales. They will typically keep track of customer orders, shipping, order fulfillment, and credit card processing. They do not keep track of indirect expenses like utilities, rent, monthly telephone bills, monthly internet bills, payroll, etc. In order to have a complete set of financial statements, all aspects of your business need to reside in one system – QuickBooks Online (QBO).

In Chapter 3, Customizing QuickBooks for Your Business, we introduced you...