What is ConnectBooks?
ConnectBooks helps ecommerce sellers on Amazon, Shopify, Walmart, eBay, TikTok Shop and Temu track inventory, see accurate profit across every marketplace, and automate accounting in QuickBooks or Xero, all in one platform.
Which accounting software does ConnectBooks work with?
ConnectBooks works with QuickBooks Online, QuickBooks Desktop, QuickBooks Enterprise and Xero, including US, Canadian and UK editions of QuickBooks. QuickBooks Desktop and Enterprise connect through the QuickBooks Web Connector. One ConnectBooks account can send different stores to different QuickBooks or Xero files.
Which sales channels does ConnectBooks support?
ConnectBooks connects directly to Amazon, Shopify (including Shopify POS), Walmart, eBay, TikTok Shop and Temu. Sales from other channels, such as wholesale orders, can be entered as invoices or imported by spreadsheet. ConnectBooks is the only Temu to QuickBooks integration on the market.
Can I connect Temu to QuickBooks?
Yes. ConnectBooks is the only Temu to QuickBooks integration on the market. Temu sales sync automatically, and fees, ad costs and refunds come in from the Temu settlement report you upload, so every payout ties to your bank deposit. ConnectBooks also connects Temu to Xero.
How do I connect Amazon to QuickBooks?
Sign in to Amazon Seller Central and QuickBooks from ConnectBooks, then map Amazon's sales, fees and refunds to your QuickBooks accounts. On most plans, a ConnectBooks bookkeeper does this mapping with you for free. After that, each Amazon payout is posted with 1 click, or automatically if you turn on auto-sync.
How do I reconcile Amazon payouts in QuickBooks or Xero?
ConnectBooks matches every order, fee, refund and reimbursement in an Amazon payout to the amount deposited in your bank. It then posts a journal entry with each type on its own line, plus a payment you match to the bank deposit. If the numbers do not tie out, ConnectBooks flags it before anything posts.
Does ConnectBooks post an invoice for every order?
No. ConnectBooks posts 1 journal entry per payout, split by month, with every sale, fee, refund and reimbursement on its own line. Each order stays traceable in ConnectBooks down to the SKU, while QuickBooks or Xero stays clean instead of filling up with thousands of invoices.
How does ConnectBooks calculate cost of goods sold (COGS)?
On the Platinum plan, ConnectBooks calculates COGS with FIFO from the bills you enter, including landed costs such as freight and tariffs. On other plans, you enter a cost per product and can set new costs from a date forward, so past months do not change.
Can ConnectBooks track inventory across FBA, AWD and my own warehouse?
Yes, on the Platinum plan. ConnectBooks syncs FBA, AWD and WFS inventory from Amazon and Walmart, and tracks your own warehouse or 3PL through the bills and transfers you enter. It shows how much stock you have, where it is, how old it is, and when to reorder.
Can I see profit by SKU?
Yes. ConnectBooks shows profit for every SKU after marketplace fees, refunds, ad spend and cost of goods. Ad spend from Amazon, Walmart and Google Ads syncs automatically. You can compare periods to see which products drove a change in profit.
How far back can ConnectBooks import my sales?
ConnectBooks can import up to 18 months of transactions. The 6 weeks before your signup date are included on every plan.
Does ConnectBooks use accrual accounting?
Yes. ConnectBooks uses accrual accounting, which gives you an accurate picture of profit.
How does ConnectBooks handle multiple currencies?
Sales in other currencies, such as from Amazon Canada or Mexico, are converted to your home currency automatically. You can also set ConnectBooks to import transactions in their original currency.
How do I know the data is accurate?
ConnectBooks reconciles every payout to the bank deposit to the penny and backs it with a 100% accuracy guarantee. You can check it yourself, because every entry traces back to its payout.
Do I need to know accounting to use ConnectBooks?
No. ConnectBooks is built for sellers, and a ConnectBooks bookkeeper sets up your account the way your accountant wants it.
Is there a free trial?
Yes. ConnectBooks includes a 30-day free trial, and most plans include free 1:1 setup with a ConnectBooks bookkeeper.
Do I still need a bookkeeper?
ConnectBooks automates the accounting for your sales channels. Bank and credit card transactions, payroll and taxes are still handled in QuickBooks or Xero, by you or your bookkeeper, and the marketplace side arrives already reconciled.
Can my bookkeeper or accounting firm use ConnectBooks?
Yes. Accountants can be added to a seller's account as free accountant users, and firms get an Accounting Portal with 1 login for every client. Firms can also join the ConnectBooks partner program.