Popular lifehacks

Why do I need A2X?

Why do I need A2X?

A2X connects directly to your clients’ ecommerce platform, detecting exactly when each transaction occurs. A2X downloads the transactional data and breaks down all the various transaction types such as sales, fees, refunds, gift cards, reserves, and taxes that make up each bank deposit.

Does A2X work with QuickBooks Online?

How A2X and QuickBooks Online work together. Connect A2X to QuickBooks Online and your Amazon seller account. A2X is read-only to your Amazon seller account. A2X fetches and sorts your Amazon transactions, makes sense of your sales and fees, and posts these to your QuickBooks Online account as organized summaries.

Why do I need an accountant if I use QuickBooks?

You need an accountant to confirm your records It automatically books the double-entry, meaning debit and credit. For example, when you write a check to pay the utility bill and enter utilities expense, QuickBooks makes the entry hitting both the checking account and the utility expense account.

READ ALSO:   How did ancient people identify solstice?

Is A2X safe?

A2X uses bank-grade encryption and security for data handling, to ensure that your information is safe. All financial data is stored in Google’s secure cloud platform and is protected so that nobody else can access it without permission.

What is Amazon A2X?

A2X automates ecommerce accounting for Shopify, Amazon, Etsy, eBay and Walmart sellers worldwide. Trusted by leading e-commerce accountants worldwide.

How much does A2X cost?

Pricing Details (Provided by Vendor): Mini: $19/month for up to 200 orders/month within one marketplace. Starter: $49/month for up to 1000 orders/month within one marketplace.

How do I connect QuickBooks to A2X?

Connecting A2X to QuickBooks Online

  1. STEP 1: Log in to your A2X and start the connection process.
  2. STEP 2: Connect to QuickBooks.
  3. STEP 3: Set the bank accounts.
  4. STEP 4: Configure/review your mappings on the ‘Accounts and Taxes’ screen.
  5. STEP 5: Review your first A2X settlement and send it over to QuickBooks.
READ ALSO:   Can you use PayPal for affiliate?

How does A2X work with QuickBooks?

A2X automatically fetches & processes Shopify, Amazon, Etsy, Walmart & eBay settlements & payouts. Then generates journals for each settlement (independently for each sales channel) and posts them to QuickBooks Online, automatically.

Should I get an accountant or use QuickBooks?

You should talk to an accountant who can help you get off to a good start and advise on issues such as accounting software and VAT. Most will offer a free initial consultation. Even if you manage your money using QuickBooks, it’s worth having your tax return checked and approved by an accounting expert.

How do I add Shopify to A2X?

2/ Connecting an A2X for Shopify account to your Shopify store. Click the green ‘Continue with Shopify’ button and input your Shopify store name in the form below and click ‘Connect’: You will be redirected to your Shopify store and asked to login and grant A2X permission to connect.