Simplify Your Business with QuickBooks Commerce

QuickBooks Commerce

If you are running a business and you want to sell your products globally then this article is all for you. QuickBooks Commerce is a platform that is offered by QuickBooks (designed by Intuit) that gives the facility to the vendors to sell their products worldwide. It helps in connecting with different marketplaces and tracking and managing the products. This tool is very beneficial to small and medium business owners. In this article, we learn more details about QBO commerce, so keep reading. Let us begin.

What is QuickBooks Commerce?

QuickBooks Commerce earlier named was TradeGecko. It is a cloud-based single platform that is used by many ventures. This Tool helps in managing the product across the world. This platform helps to sync your account for managing and tracking your income and expenses. By synchronizing, enterprises can track order history, invoices, inventory, and customer information, predict business performance, and many more. This is very beneficial for streamlining the process of bookkeeping.

How Does QuickBooks for E-Commerce Work?

Intuit E-Commerce Service is a focal point of e-commerce businesses. It will connect your online sales channel with Quickbooks. Its mechanism works by: 

Connects your online stores:

  • Amalgamate with in-demand trade sites and platforms like Amazon, Flipkart, and Jio Mart.
  • It helps in simplifies the setup process, and allows users to manage everything on their own in one place. 

Streamlines accounting:

  • Automatically transfer your sales data from online stores to QuickBooks.
  • Reduce the manual data entry for statements, reduce fallacy, and classify your income and expenses correctly.

Anticipate financial perception:

  • Provide a centralized dashboard to view your sales, payouts, and fees.
  • Helps you track cash flow analyze trends and generate reports to understand your business profitability. 

Features of TradeGecko QuickBooks

QuickBooks E-commerce manages the supply request via an automated system. The platform focuses on mainly 3 areas of sales which is

  • Inventory and Manufacturing Management
  • Tracking and shipping of Online Order
  • Customer Relationship

Inventory And Manufacturing Management

E-Commerce QuickBooks provides you with a variety of Tools that help in managing your logs and creating management. The manufacturing and inventory management covers the features like:

  • Inventory Control: Your logs and data will be recorded and tracked automatically and offer real-time experience.
  • Inventory Expansion: The optimization offers strategies like demand forecasting and reordering options as a part of management inventory.
  • Warehouse Management: Permit the users to transfer their stock between different warehouses for on-time arrival at the location.

Tracking And Shipping Of Online Orders

TradeGecko order and management shipping offers a large variety of tools for business owners to manage their orders and shipping. Here are some features listed below:

  • Order Management: Your logs and orders are automatically synced by selecting the tap setup low stock management notification for efficiency.
  • Create Purchase Order Management: QuickBooks Commerce support allows users to create a list of purchase orders so that they can edit and update.
  • Shipping Management: The shipping process classifies the shipping rates, and delivery charges at a particular location.

Customer Relationship

The feature of customer relationships is used for building trust and loyalty among customers and vendors. Some more features are listed below:

  • CRM technology: This tool helps in keeping the data of vendors and customers in one place. 
  • Inventory Report: It casts your data and logs report so that you can forecast which product is high in demand. This will benefit the business.
  • Order Fulfillment: the indicated tool helps you to merge inventory, channels, and locations and upgrade them automatically for a better experience for users.

Connect Sales Account with TradeGecko QuickBooks

QuickBooks Commerce is the integration of traditional accounts proficiency of QuickBooks and the focused features of e-commerce. To set up the process you need to follow the listed points:

Step 1. Connect Your Sales Channel:

  • Sign in to your QuickBooks as company admin(If you don’t have an account in Quickbooks so first log into Quickbooks).
  • After login, navigate towards Commerce and select the Commerce Sales Channel.
  • Choose the channel whom you want to connect with, and press next.
  • Select one date from which you want your sales data to connect. 

(NOTE: Check the Channels validity before selecting the date)

  • Select Continue.
  • A permission interface will be open. Read the Licence and Consent information.
  • After reading the information press Continue.
  • An interface will be popping up. Fill in the details related to your company and sign in.

Step 2. Select a Bank Account for Linking

After connecting the sales channel you need to choose the bank from which you want to do your all expenses. Follow the simple steps:

  • Select the Account where your funds are deposited.
  • Now choose the bank from which you want to pay your fees.
  • After careful consideration press Next.
  • Once your data is fully synced you can complete the process of setup.

Note: If you have more than one channel you need to follow the same above-mentioned process.

Pros and Cons of QuickBooks E-Commerce

QB Online Commerce is one of the best integration software in the market today. But everything has some benefits and some limitations as well. Here we laid out some pros and cons:

The pros of QuickBooks Commerce

  • The main benefit of the tool is that it supports Multi-Channel sales mergers.
  • It supports Supply Chain Management.
  • Best for giving real insights by generating inventory reports.
  • Provide an affordable pricing structure and plenty of plans for the integration of channels.

The Cons Of Intuit QuickBooks Commerce

  • Customer Support is not good at some point.
  • Bugs arise while using QuickBooks.
  • Adjustable errors can occur in the middle of the process.
  • Limited to only the US market.

Conclusion

We reached the end by discussing many points related to QuickBooks Commerce. We learn QuickBooks for E-commerce can be used by small and medium businesses. This tool is best for growing the business nationwide. Integrate with marketplace channels like Shopify, Amazon, etc. You can also add 3rd party app to your Accounts. If you face any problems while setting up the process you can visit our website and you can contact QuickBooks Enterprise Support. QuickBooks experts are available 24*7. They will assist you.

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