So here you are, ringing up a healthy number of sales in your Shopify store. Things are really looking up, and now you’re thinking about next steps. . .
Like how to scale. How to streamline for efficiency. And how to keep the momentum without letting customers fall through the cracks.
Because I’ll tell you what — successful businesses are driven by smart systems.
I know you know that.
But did you know that a Shopify Quickbooks integration is the ideal system for ecommerce accounting?
It’s true, Quickbooks is easily the best accounting software for Shopify. Getting set up is a breeze, and allows you to really focus on what matters — growing your business.
So here’s a quick guide to find out if you’re ready for this dynamic duo to cure your accounting woes.
7 Signs You Should Integrate Shopify and Quickbooks
1 — Your Business is Rapidly Growing
Are sales increasing month over month? Is it starting to feel a bit like the Wild West with customers flooding in from every direction? If you’re experiencing tremendous growth, good for you! Rapid growth is a sure-fire sign that you’re ready to automatically export Shopify to Quickbooks.
2 — You’re Neck Deep in Accounting Tasks
If your business is growing, chances are you’re deep in the throes of income statements, inventory, and trying to project cash flow. Yeah, not fun. Especially considering that 1.) You probably don’t love accounting,2.) It’s likely not your strong suit, and 3.) Your two greatest assets — your time and your talents — are better spent growing your Shopify store. So. . . if you’re wearing the accounting hat day in and day out, it’s time for a Shopify Quickbooks integration.
3 — Your SKU’s Don’t Match Between Shopify and Accounting Software
This is a big one. If you’re finding discrepancies, you’re just asking for trouble. When your SKU’s aren’t exporting accurately, your inventory isn’t reconciling between the two systems. And when they’re not reconciling, good luck staying in good graces with your customers (and not to mention the IRS). Stay on the up and up with Quickbooks. . . the best accounting software for Shopify.
4 — You Have No Clue What’s in Inventory
You’re bound to lose customers if you fail to put in place a system for staying on top of gizmos and gadgets. You’ll either oversell or undersell. And both are a fate worse than death. OK, maybe that’s a bit dramatic, but you get the point. Keep your inventory organized, and sleep better knowing that your customers are happy and your Shopify store is running like a well-oiled machine.
5 — Your Financials are Never Up-To-Date
This one is fairly self-explanatory. You should absolutely integrate Shopify with Quickbooks if your financials are not current in real time. Do you know if you made money last week, last month, or last year? Having up-to-date financials helps you to run your business better.
6 — You’re Considering Switching to a Different Accounting Software
Something has to give. Maybe you feel like you’re digging yourself into a hole with your existing software. But you know there has to be a more simplified, streamlined way to do your accounting. You need a real solution, not just another app. From the sounds of it, a Quickbooks e-commerce integration is exactly what you need.
7 — You’re Paying an Accountant/CPA Buku Bucks to Fix Your Mistakes
The only thing worse than screwing up your books is having to pay someone to straighten you out. Let’s face it, you’re not an accountant. And most accounting software doesn’t exactly set you up for success. So if you’re spending too much on it, it’s time to pull the trigger on the Shopify Quickbooks integration. Seriously, you can thank me later.
There you have it, the quick and dirty guide to knowing if it’s time to connect Quickbooks with Shopify. If you’re struggling with any of the growing pains listed above, then you’re more than ready to integrate.
Remember, it’s good business to stay competitive when it comes to tools and technology. And Quickbooks offers just the right suite of features that’ll put precious time back in your hands.
Now you can work on your business, instead of just in your business. Believe me, this is where true growth happens.
With Flowify, Shopify store owners can completely automate their accounting integration with Quickbooks. It couldn’t be easier to track Shopify sales, inventory, refunds, processing fees, bank deposits, and more.
Get started today and see how a support team of accountants and bookkeepers can help you to better manage your Shopify store accounting.