If you use Shopify, Amazon, Square, PayPal and other popular ecommerce and POS systems, Bookkeep is your secret weapon. Our tool automatically posts accrual-based daily sales summary financials to QuickBooks Online, NetSuite, Zoho Books, Xero, or Sage Intacct, and auto-reconciles the payment deposits. Once mapped, it's "set it and forget it!"
We do this for 60+ ecommerce apps, POS systems, and payment platforms including Square, Shopify, Amazon Seller, Toast, Stripe, PayPal, and many more.
Sales tax automation is available through our deep integration with Avalara. You'll never have to wrestle with spreadsheets or worry about late filing fees again!
We’re accountants, business owners, and data nerds ourselves, so we know the importance of accurate accrual-based financial reporting. When we say smarter, we mean it. Because we are experts in all the platforms, we can do things the other apps can't. For example - if you need to recognize revenue in Shopify based on SHIP DATE, we've got you covered.
Our customers range from independent coffee shops to restaurant chains, from e-commerce start-ups to cannabis retailers, and virtually everything in-between. We make it easy to manage your books every month while eliminating costly accounting errors so you have the right data and more time to grow your business.
We know the two things which CFOs, accountants, and bookkeepers value the most: accuracy and saving time. With Bookkeep, you can have both through daily bookkeeping automation for the platforms you or your clients use. Our goal is to make sure you have the confidence and peace of mind you deserve. Our automation saves accounting teams at least 20 hours per month per client and makes them smile.
Reconciling hundreds or thousands of transactions is a constant, tedious chore and a thing of the past. Summaries are much simpler, faster, and more efficient.
With Bookkeep, you get clean books and you always know where you stand with your revenues properly recognized, sales taxes and fees clearly segregated, and everything matching the financial statements from each platform - without the headaches of managing each on its own.
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BookkeepLanguages Supported
English
Product Description
Bookkeep is an advanced accounting automation platform designed to streamline financial management for e-commerce and retail businesses. By integrating with over 40 sales and payment platforms, including Shopify, PayPal, Stripe, Square, and Amazon Seller, Bookkeep automates the generation of daily financial summaries and deposit reconciliations. This ensures 100% accuracy in revenue recognition, sales tax compliance, and financial reporting, allowing businesses to focus on growth rather than manual bookkeeping tasks.
Key Features and Functionality:
- Multi-Channel Integration: Seamlessly connects with numerous e-commerce and point-of-sale platforms, consolidating sales data across all channels.
- Daily Accrual-Based Summaries: Automatically posts accurate daily sales and payment summaries to accounting platforms like QuickBooks, Xero, Zoho Books, Sage Intacct, and NetSuite.
- Sales Tax Automation: Automates sales tax compliance and filings across all U.S. states, reducing the complexities associated with sales tax management.
- Deposit Reconciliation: Matches sales data with bank deposits, accounting for fees, chargebacks, and other adjustments, ensuring accurate financial records.
- Unlimited User Access: Allows businesses to add staff, accountants, and other stakeholders at no additional cost, facilitating collaborative financial management.
Primary Value and Problem Solved:
Bookkeep addresses the challenges of manual bookkeeping by automating the recording and reconciliation of sales data from multiple channels. This automation reduces human error, saves time, and provides businesses with accurate, up-to-date financial information. By ensuring that financial records align with sales reports and bank deposits, Bookkeep enhances financial clarity and compliance, empowering businesses to make informed decisions and focus on strategic growth initiatives.
Overview by
Jason RichelsonDiscussions
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