Intuit’s QuickBooks announces integration with Amazon Business
By Pavithra R
Intuit, a mission-driven global financial platform company, has announced a new integration with Amazon Business enabling small businesses (SMBs) to seamlessly automate purchase reconciliation and categorization when making purchases on Amazon Business.
The new integration enables all Amazon Business purchases to be automatically imported into QuickBooks, with data being refreshed many times per day. Purchase details, including item descriptions, fee and costs breakdowns for each transaction will be automatically included, significantly reducing the need for manual data entry.
The integration, in addition to reducing the time spent on manual data entry, also helps business owners categorize and understand their business expenses while eliminating the need to go back and forth between QuickBooks and Amazon Business to match up purchases. Businesses can also gain better insights into where their expenses are coming from and how their business is doing overall.
Once SMBs have connected the Amazon Business account to their QuickBooks Online account, they can locate transactions by navigating to the Banking tab and then selecting the App transactions subtabs.
“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. Small businesses use Amazon Business to purchase a number of goods to enable their business growth. This integration will automate the data entry and reconciliation small businesses need to do to keep their books up to date, and will make the lives of small business owners and the accounting professionals that serve them easier,” said Rajneesh Gupta, vice president, global enterprise partnerships at Intuit.
Recently, Intuit launched QuickBooks Cash, reimagining the small business bank account.
Founded in 1983 by Scott Cook and Tom Proulx, Intuit is a global financial platform company with products including TurboTax, QuickBooks, Mint, and Turbo, designed to empower consumers, self-employed and small businesses to improve their financial lives.
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