Account Mapping: Offering Accurate Financial Reporting
Key Features:
- Download QuickBooks Online accounts using the “Download and Update QB Accounts” button.
- Map RMH transactions (sales, COGS, AR/AP, inventory) to the correct QBO accounts.
- Use Store-to-Store Mapping to copy account settings from one store to another and save time in multi-store setups.
Benefits of Account Mapping:
- Makes reconciliations between POS and accounting accounts a thing of the past.
- Bought accurate financial statements.
- Standardized reports for every store.
Scheduler: Automating Data Sync
What Can Be Scheduled?
- Upload General Ledger (GL) transactions
- Download Customers from QuickBooks
- Download Vendors from QuickBooks
Frequency Options:
- Hourly
- Daily
- Custom intervals based on business requirements
Benefits of Scheduler:
- Saves time by eliminating manual syncs
- Updates both systems in real time
- Updates financial information as current
Account Mapping + Scheduler = Ultimate Efficiency
Example in Action
An account mapping is used by a multi-store retailer to simplify the way revenue on sales and COGS are brought into QuickBooks. Automated daily syncs are achieved using the scheduler; thus, the finance team has up-to-date correct records without lifting a finger.
Conclusion
With account mapping and the scheduler, x2x RMH and QuickBooks Integration makes retail accounting a seamless, efficient process. Not only are they timesaving but also provide the financial accuracy that retailers need to grow confidently.
