logo
Plus   Neg
Share
Email

Intuit Announces Integration For QuickBooks With Amazon Business - Quick Facts

Accounting software maker Intuit Inc. (INTU) on Monday announced a new integration for QuickBooks with Amazon Business, allowing small businesses to automate purchase reconciliation and categorization when they make purchases on Amazon Business.

The new integration will enable all Amazon Business purchases to be automatically imported into QuickBooks, while the data will be refreshed multiple times per day.

Intuit noted that purchase details, including item descriptions, costs and fee breakdowns for each transaction will be automatically included, significantly reducing the need for manual data entry.

In addition to reducing the time spent on manual data entry, the integration between QuickBooks and Amazon Business will help business owners better categorize and understand their business expenses, while eliminating the need to go back and forth between QuickBooks and Amazon Business to match up purchases.

"Small businesses are increasingly looking for ways to seamlessly manage their business, while reducing the time it takes to do so. This integration allows both small businesses, and the accountants who serve them, to better manage a business owners' purchases and overall books," said Rajneesh Gupta, vice president, global enterprise partnerships at Intuit.

After connecting their Amazon Business account to their QuickBooks Online account, small businesses can locate transactions by navigating to the Bankingtab and then selecting the App transactions subtabs.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
NASA's Osiris-Rex robotic spacecraft briefly touched down on near-Earth asteroid Bennu's surface on Tuesday to collect rock and dust samples that will be brought back to Earth in 2023. Bennu is currently more than 200 million miles, or 321 million kilometres, from Earth. Osiris-Rex launched from Cape Canaveral Air Force Station in Florida in September 2016. Amazon said Wednesday that free one-hour grocery pickup is now available to prime members at all U.S. Whole Foods Market locations. Previously, the prime members could pick up Whole Foods orders only at select stores. J.C. Penney said it is near to exiting Chapter 11 ahead of the busy December 2020 holiday season. The beleaguered retailer filed a draft asset purchase agreement towards finalization of the acquisition by Brookfield Asset Management, Inc. and Simon Property Group, Inc. They are expected to buy substantially all of J.C. Penney's retail and operating assets in a combination of cash and debt.
Follow RTT