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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