Guide to Integrating Amazon with QuickBooks Online using PayTraQer

If you are here you must be a small business owner selling products on Amazon and using QuickBooks for your accounting. QuickBooks can handle all your accounting tasks, reconciliations and tax filing efficiently. But if you are using QuickBooks for quite a while, you will know that you will have to manually key transactions into QuickBooks to get your accounting started. 

Manual keying is stretchy and takes a lot of time and is highly prone to errors. Errors in such a serious domain like accounting is not a joke as it may cost you penalties when the taxes are filed with erroneous records. But you don’t have to go this far.

That’s why automation tools were built. This read will teach you how to link Amazon to QuickBooks using an application called PayTraQer and how to optimize your QuickBooks workflow with automated bookkeeping.

The New Game with PayTraQer

PayTraQer is an intuitive application that is built to offload your bookkeeping burden. You can automatically sync hundreds of Amazon sales and transactions into QuickBooks as they happen. 

It is an Intuit authorized application so that you don’t have to worry about its compliance with QuickBooks and its reliability. Moreover, PayTraQer is the #1 user rated application that is helping 50,000+ small businesses and accountants across the globe. 

Most accountants prefer their clients to use PayTraQer considering the accuracy and the speed at which the books are done. Faster and error-free books make their task easier and leave them more time to work on insights for your business and finances. So, it is a win-win for both businesses and their accountants.

How does PayTraQer Work?

PayTraQer comes into effect as soon as the customer clicks the buy now a product on Amazon’s checkout page. Once the payment is done and the order is accepted, it automatically collects the transaction details with the attached customer, item, discount, shipping, tax, fee and all other details required for QuickBooks accounting and syncs them into QuickBooks. You don’t even have to sit in front of the computer, your books will be updated automatically, even while you are away. 

Getting Started with PayTraQer

Getting up and running with PayTraQer is very simple. Spend a couple of minutes setting up PayTraQer and you never have to spend hours on your bookkeeping. Below are the steps you need to follow to get PayTraQer and link Amazon to QuickBooks. 

PayTraQer is Intuit authorized and so you can get the application from the Intuit App Store. Log in to your QuickBooks account and search for PayTraQer in the Intuit App Store. You can see our app card there. Just click the ‘Get App Now’ button. You will be navigated to our application. Alternatively, you can get PayTraQer from our SaasAnt website. 

You can sign up to PayTraQer with your QuickBooks credentials. Once your QuickBooks company is connected, you can connect your Amazon sales channel. Then you have to complete the verification steps. Then, you can adjust the quickstart settings according to your needs. 

Now you will be able to download and sync countless Amazon sales and transactions into QuickBooks in a flash. 

PayTraQer Integration Features

PayTraQer is not just an import tool. It has a lot more features that can make your accounting easier than ever before. Below are some of the significant features that PayTraQer has got for you. 

Itemized Sync

While syncing your transactions, PayTraQer also retrieves the attached customer, item, discount, fees, tax and all other information required for accounting into QuickBooks, on its own accord. PayTraQer syncs all this information into QuickBooks with professional accuracy so that you don’t have to scroll through the records anymore. 

Streamlined Inventory

Once you connect your Amazon seller account to PayTraQer, it will have a close watch on your inventory. So, whenever a customer buys your product on Amazon, PayTraQer automatically records the inventory adjustment in your QuickBooks company for you to review. With that information at hand, you will have a clear look through your inventory and make adjustments accordingly.

Tax Calculations

Taxes for products differ with the region, customer and type of product. Keeping in mind all the tax rules and calculating taxes accordingly is a huge task. But PayTraQer can handle the tax calculations with professional accuracy, in line with your pre-assigned instructions.  

Withhold and Facilitator Tax Handling

When you are selling products on Amazon, you will have to deal with the withholding tax and facilitator tax for each product. But with PayTraQer, you can let it handle all the tax, calculations and conversion while it syncs the transactions into QuickBooks. PayTraQer reads each transaction that is being synced and applies taxes as per your pre-defined instructions. 

Advanced Customizations

PayTraQer has an interesting feature that allows you to frame your customized rules to govern how your transactions enter QuickBooks. You can instruct PayTraQer on how to sync transactions, mention if you have any special allocations for specific transactions. You can instruct PayTraQer to filter and sync your transactions in whatever way you want using the advanced customization options. This will make your accounting easier than ever before. 

Undo Sync

There are chances when you unintentionally try to sync transactions that we don’t want into QuickBooks. In that case, you can clean up your QuickBooks by removing such transactions using our Undo Sync feature. 

You can either roll back the entire transactions along with the attached customer and item details with the ‘Undo All’ option or remove only the transactions, retaining the attached customer and item details in QuickBooks using the ‘Undo Transactions’ button. 

Wrap Up

Now you know how to link Amazon to QuickBooks and how to optimize your QuickBooks workflow. With PayTraQer you will always get 100% accurate records. PayTraQer has zero-tolerance for errors and so you will have perfectly balanced books all the time. Get PayTraQer now and say goodbye to your manual bookkeeping. Try PayTraQer free for 30 days with our free trial. Do not hesitate to drop us a line at support@saasant.com if you have any queries.