Advantages of QuickBooks Ecommerce Integration
Business owners in an attempt to increase sales open an ecommerce store. Selling online has long been a popular strategy to expand reach, increase revenue and grow profits. Apart from setting up an online store, many enterprises use an accounting software to effectively manage their business accounting. Yet, even after automating the business processes, enterprises fail to earn the required revenue. Profit margins appear to be sluggish. The problem lies in using QuickBooks and Ecommerce store as a separate system.
QuickBooks ecommerce integration is the key to boost online sales. Integration saves your team from manual transfer of data from one system to another. You no longer have to spend days doing manually. This in turn can work wonders to increase their productivity and subsequently sale. It is little wonder that the most successful online merchants have integrated their ecommerce store with the accounting systems.
Moreover, QuickBooks comes with inventory management feature, hence integration can be extremely helpful in keeping track of inventory accurately. Your inventory quantities are automatically updated in your BackOffice whenever your customer purchases products from front-end store. Thus, you know, what’s in stock in real time. Moreover, you can keep track of purchase orders accurately. For instance, you know exactly what products have been ordered from every distributor.
Also QuickBooks integration with ecommerce will allow you to create reports of list of products based on quantity sold. Thus, with this report, you will be able to identify the best-selling products on your online store. You can also generate reports for total sales and profit, thereby giving a clear idea about your business performance.
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