The Amazon Business Purchases app lets businesses automate purchase reconciliation and categorization when making purchases on Amazon Business. All Amazon Business purchases are automatically imported into QuickBooks and refreshed multiple times a day.
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Purchase details, including item descriptions, costs and fees for each transaction are imported automatically. QuickBooks downloads purchases directly from Amazon Business so you can track your purchases in greater detail. reducing the time spent on manual data entry reducing the manual data entry.
The integration elimiates going back and forth between QuickBooks and Amazon Business to match up purchases and helps business owners categorize and understand their business expenses to gain insights into where the expenses are coming from and how their business is doing overall.
Each item bought through Amazon Business can be categorized separately and matched with bank transactions in QuickBooks, even if a customer returns an item to Amazon Business; the returned item transaction is imported into QuickBooks automatically for review.
The app helps business owners to:
Reduce manual data entry
See details for every transaction, like product description, item cost, and fee breakdown
Categorize each item separately and match them with bank transactions
You can sync expenses with QuickBooks to review or categorize transactions, then add them to your books.
Once you connect your Amazon Business account to your QuickBooks Online account, you can locate transactions by going to the Banking tab and selecting the App transactions subtabs.
This video covers how to connect your Amazon Business account to QuickBooks Online and how to categorize your purchases by line item so you can track what you purchased.
The app only works if you use an Amazon Business account, not with Amazon.com accounts.
Learn more or get the Amazon Business Purchases app here.
Sources & Disclosures
Some content and images adapted from Business Wire; Intuit / QuickBooks source materials, including support websites; QuickBooks Blog; Firm of the Future, & Intuit Developer Blog. Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.