Bookkeep

11 reviews

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.