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QuickBooks Integration

Last updated on Feb 06, 2025

Our QuickBooks integration is designed to make your accounting and reconciliation process seamless and efficient. By connecting your account to QuickBooks, you can automatically write back payout data, ensuring your financial records stay accurate and up-to-date without manual effort.

What Does the QuickBooks Integration Do?

The QuickBooks integration allows your payouts to sync directly with your QuickBooks account, streamlining your accounting workflows. With this integration, all payout data is automatically logged, categorized, and ready for reconciliation in QuickBooks.

Key Features of the QuickBooks Integration

1. Automatic Writebacks

  • All payouts processed through our platform are automatically written back to QuickBooks.

  • The integration includes details such as gross amounts, fees, and net payouts for each transaction.

  • This eliminates manual entry, saving time and reducing errors.

2. Streamlined Reconciliation

  • Each payout is logged with complete details, making reconciliation quick and easy.

  • Fees are itemized, so you can track deductions and ensure your records align with your bank statements.

3. Customizable Mapping

  • Map payouts to specific accounts in QuickBooks (e.g., revenue accounts, fee accounts) to align with your chart of accounts.

  • Tailor the integration to fit your practice’s accounting structure.

4. Real-Time Updates

  • As payouts are processed, the integration updates QuickBooks in near real-time.

  • This ensures your accounting records are always current and ready for reporting.

Benefits of Integrating with QuickBooks

1. Save Time

  • Automating the writeback of payouts eliminates hours of manual data entry.

  • Reconciliation is faster with all data automatically categorized in QuickBooks.

2. Reduce Errors

  • Manual entry can lead to mistakes. With automatic syncing, your payout data is always accurate.

3. Enhance Financial Clarity

  • Payouts, fees, and net amounts are clearly logged, providing a complete view of your practice’s financial activity.

  • Generate accurate financial reports in QuickBooks with minimal effort.

4. Simplify Tax Preparation

  • With all financial data synced and categorized, tax preparation becomes much easier. You’ll have a clear record of payouts and fees, ready for your accountant.

How the Integration Works

Step 1: Connect Your QuickBooks Account

  1. Log in to your account on our platform.

  2. Navigate to the Integrations section and select QuickBooks.

  3. Follow the prompts to securely connect your QuickBooks account.

Step 2: Map Payout Data

  • Once connected, map payout data to your QuickBooks accounts (e.g., revenue, fees).

  • Set preferences for how data should be categorized.

Step 3: Sync Payouts

  • After setup, payouts will automatically sync with QuickBooks as they are processed.

  • Data is written back with all relevant details, including gross amounts, fees, and net payouts.

Step 4: Reconcile in QuickBooks

  • Log in to QuickBooks and review the synced payouts.

  • Use QuickBooks reconciliation tools to match synced payouts with your bank deposits.

Frequently Asked Questions

Can I customize how payouts are categorized in QuickBooks?

Yes! You can map payouts to specific accounts in QuickBooks during the setup process. This ensures the integration aligns with your accounting structure.

How often does the integration sync data?

Payout data is synced in near real-time as payouts are processed. This ensures your QuickBooks records are always current.

What happens if there’s an error during syncing?

If an error occurs, you’ll be notified in the platform with details on how to resolve it. Our support team is also available to assist with troubleshooting.

Is this integration secure?

Yes. The integration uses industry-standard security protocols to ensure your data is safe and protected.

Get Started with QuickBooks Integration

  1. Set Up the Integration: Connect your QuickBooks account in just a few clicks.

  2. Map Accounts: Customize how payout data is categorized.

  3. Enjoy Seamless Accounting: Let the integration handle the heavy lifting while you focus on your practice.

Our QuickBooks integration is here to make accounting and reconciliation effortless. Contact us today to enable the integration and start simplifying your financial workflows!

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