We offer all our e-Commerce clients a complete cloud solution for e-Commerce bookkeeping using Quickbooks and Link My Books.
Naturally we still regularly support other platforms such as Xero, Kashflow and spreadsheets but our preference is the Quickbooks and Link My Books combination. We has found it provides great value for e-Commerce clients as it gives full visibility of all your figures and minimises the time spent on bookkeeping, which means more time can be focussed on growing your business.
Many clients have recently transferred onto Quickbooks from other solutions and are delighted.
Our team can offer full support as all of our bookkeeping and VAT staff are now qualified as QuickBooks Pro Advisors. QuickBooks is particularly suitable for our clients who trade in EU and USA marketplaces, as it offers multi-country currency functions for dealing with bank accounts in overseas currencies.
Most importantly, QuickBooks integrates with the additional Amazon and eBay integration program Link My Books and A2X. We do use A2X frequently but our preference is Link My Books as its a UK based company.
How Does Link My Books work?
Link My Books creates a summary invoice for each payout you receive from Amazon or eBay Managed Payments. They break down all the sales and fees and VAT checking the tax jurisdiction for each transaction and automatically applying the correct tax rates that you choose during setup, meaning your bookkeeping is finally accurate and on auto pilot.
Link My Books automatically imports the complicated Amazon and eBay reports and VAT information and creates clean, easy to understand summary invoices in QuickBooks that match the money deposited into your bank to the penny – making reconciliation a breeze.
Setup takes just minutes, and the average user saves at least 6 hours per month over manual data entry when using Link My Books. On top of that the potential to reduce overpaid VAT by getting your bookkeeping in order means Link My Books pays for itself for most users.
It’s accurate, quick and efficient – plus their support is well renowned as top class! Here are a few testimonials:
“Outstanding app. Far superior to the previous ‘solution’ I used. I was able to sign up and integrate in a few minutes, and then add my accountant as a user. Simples! My accountant loves it, it’s a MASSIVE game changer. I’m converted! Oh and the customer support is incredible.”
“Brilliant service and at a great price. If you are considering A2X then stop, and go with Link my books. Saved us 10+ hours per month of manual spreadsheet work.”
Hanley & Co is an approved partner for Link My Books and can help you set up and manage your account. Get in touch with us to learn more.