Guide to Integrating Amazon Pay with QuickBooks Online

Are you spending too much time on bookkeeping?

Do you want your books clean and updated all the time?

Is your manual bookkeeping too cumbersome?

If the answer to all these questions is yes, you are in the right place. It is not just with you, most small business owners are fumbling with numbers in front of computers. With the advent of technology and machine learning, manual bookkeeping practices are fading out of existence. So if you are still following primitive bookkeeping practices, it is time you switch to automated bookkeeping. 

If you are here, you must be using QuickBooks to handle your business accounting and Amazon Pay for your business transactions. Having that said, the most challenging and irking part of bookkeeping is the manual entries. 

In this read, we will walk you through the inefficiencies of manual bookkeeping and explain to you how to automate your bookkeeping. 

What’s the need?

If you have been using QuickBooks for a while, you must be enjoying the ease and clarity it gives you in terms of accounting. But on the other hand, you will also be accustomed to the manual entry burden. The only pain point in QuickBooks is that you cannot tuck in all the transactions in one go into QuickBooks. 

You will have to manually key each value of each transaction into QuickBooks looking at the records from your Amazon Pay account. But again, if you are doing manual keying for quite some time, you will be facing some errors looming at the time of reconciliation. 

You will have to stretch your working hours to find and fix the elusive error. However hard you try, you cannot get 100% accurate records all the time. And then we talk about the speed. Manual keying is a slow process and you will need a minimum of 3 to 4 hours each week to manual key 300 transactions on average. 

Taking all these into consideration, let us see what happens when the bookkeeping process is automated. Transactions that usually take 3 to 4 hours to get into QuickBooks can be imported in the time you are out for a coffee break. And as all the interactions happen between software, it takes the responsibility and gives you 100% accurate records all the time. 

PayTraQer – The Auto-Import Tool

Now you would have made up your mind to switch to automated bookkeeping. But once you are on it, you will see hundreds of applications on the web gushing at you. But only a few are authentic and reliable. 

PayTraQer is one such application that can automatically sync all your Amazon Pay transactions into QuickBooks, without involving you in it. While syncing the transactions, PayTraQer also carries the customer, item, refund, discount, tax and all other information held with each transaction into QuickBooks. You will have your QuickBooks records updated as you make and receive payments online through Amazon Pay. Sounds easy? 

If you are thinking about its reliability, do not worry. It is an Intuit authorized application and so is trustworthy and 100% compliant with QuickBooks. We have been handling books of over 50,000 busy small businesses and their accountants across the globe. Moreover, we are adored as the #1 user rated software by QuickBooks users. 

What’s Under the Hood?

If you are thinking PayTraQer as just another import tool, you should probably reconsider saying that. PayTraQer is an exquisite application with sophisticated tools for automated and reimagined bookkeeping. Below are the unrivalled features that PayTraQer has got to ease the way you work with numbers. 

Syncing Modes

PayTraQer offers a couple of syncing modes, each with significant usage. Manual sync is the default option in PayTraQer, in which you can inspect each transaction and select and sync only the ones that are necessary into QuickBooks. 

The other way around is automatic sync, the most popular feature in PayTraQer. It is a one and done setting, where once turned on, all your on-going transactions through Amazon Pay will be directly synced into QuickBooks, even while you are away. 

Historic Sync

PayTraQer can sync all your on-going transactions into QuickBooks. But you may have some previous transactions to be synced into QuickBooks. In that case, don’t worry at all, PayTraQer has got your back. Once you are inside PayTraQer for the first time, your historic transactions for the past 60 days will be automatically downloaded to PayTraQer. You can sync them all with just a click of a button. 

If you still have a lot more older transactions, you can simply specify the date range, download and sync them into QuickBooks in a snap using PayTraQer. 

Multi-Currency Sync

If you have an e-commerce store that sells products across countries, you will be handling payments from different currencies. In such cases, you don’t have to stress yourself much with the number crunching. PayTraQer can do all the conversions as instructed before syncing such multi-currency transactions into QuickBooks. You can enjoy easy reconciliations without any friction. 

Duplicate Payment Detection

If you are doing the manual sync, there are chances for you to unintentionally try syncing the same transactions into QuickBooks multiple times. When done so, your reconciliations will be a mess. And that is why PayTraQer has an advanced duplicate payment detection feature. It crawls over each transaction that is being synced and pauses for your verdict to sync. 

Advanced Customizations

Importing the raw transactions may cost you several hours of rework to get them in line with your accounting process. So, to save your hours of labour, PayTraQer allows you to frame your own rules to regulate the way transactions enter your QuickBooks account. 

Conclusion

Now the reasons to connect your Amazon Pay and QuickBooks must be clear. Automate your bookkeeping now with PayTraQer and sit back as your numbers flow intact and accurately into QuickBooks. If you haven’t tried using PayTraQer yet, you must give it a try with our 30-day free trial. If you have some questions on your mind, you can throw them at support@saasant.com. We will be happy to help.