Qwibo: Payouts for Quickbooks

Qwibo: Payouts for Quickbooks

by tko solutions

The quick way to synchronize your store with Quickbooks Online

5.0 of 5 stars(1 review)

Easy to Use

Integrating applications can be complex, cumbersome and expensive. Qwibo makes it easy for you to process transactions with Quickbooks.

Sync Shopify and QBO

We know how frustrating it can be to implement new solutions for your store. Quickly makes it easy for you or your accountant to manage.

Backfill Historical Data

Migrating historical accounting data could be a challenge. Quicksly make it easy for you to load your legacy data into Quickbooks Online.


About Qwibo: Payouts for Quickbooks

The easy way to integrate your store with Quickbooks

We understand how frustrating it is to find the right solution for your store.

As merchants, we know how you operate and we built our tools help manage our store and hope that you can reap the benefits too.

Our Quickbooks Invoices Connector makes it easy for you to: * Integrate your store with Quickbooks Online * Process historical transactions without additional apps * Lower operating costs with your bookkeeper and stop paying for software you don't use

This app solves our back office accounting issues and it can be for you too!

Easy to configure

After installing the app with Google Chrome, you will need to: 1) Log into your Quickbooks Online account so that we link the Qwibo app to your Shopify store

2) Configure some basic settings so that we know how to process transactions * Process Expenses as: **Expense: Expenses are itemized in Quickbooks. You will need to process the difference when reconciling Quickbooks. You may also need to process a Journal Entry.

**Journal Entry: Expenses are processed as Journal Entries. You will still need to process the difference when reconciling the transaction in Quickbooks. You may also need to process a Journal Entry.

** None: This is the suggested setting, you will process the net difference when reconciling the payout in Quickbooks)

  • Payment Method: This is a list from your Quickbooks Online records. Recommended to select "Cash" or similar.

  • Payment Account: This should be the Account your Shopify Payouts are sent to

  • Refunds Account: This can be your general Sales account, or a different account. The account needs to exist in your Quickbooks Online account to be displayed here.

  • Adjustments Category: Select the account where any adjustments should be processed. The account needs to exist in your Quickbooks Online account in order for it to be displayed here.

  • Shopify Fees Category: Select the account where the Shopify Fees should be processed. The account needs to exist in your Quickbooks Online account in order for it to be displayed here. We suggest creating a new expense account in Quickbooks for Shopify Fees, and processing the fees to this account.

3) Select a Payout from the Payouts List to process it from your list of payouts; we recommend processing 1 payout at a time, so that it will be easier for you to reconcile the transactions when reconciling in Quickbooks)

Here to support you

We want you to be successful with your business and If you have trouble at anytime, we are just a message away.

Future enhancements

We are always making improvements to help support your business. Supporting our app means that you will reap the benefits of new features in future releases.

Integrates with

  • Quickbooks Online

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Support

Pricing 7-day free trial

Sync Your Books

$4.99/month

or $4.17/month billed at $49.99 once per year

50 total orders per month will be included in your subscription. You will be charged an additional $0.10 per order over.

  • Perfect for merchants using Quickbooks Online

  • Process up to 50 orders per month included

  • Just .10 cents per order thereafter

* All charges are billed in USD. Recurring charges, including monthly or usage-based charges, are billed every 30 days.

5.0 of 5 stars

The overall rating reflects the current state of the app. It accounts for all app reviews but prioritizes the most recent ones.
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Most recent reviews

a Spirit Animal

When I started my business I had tried several of the apps to sync my store with quickbooks. The options were clunky, required me to make spreadsheets to upload data, and the journal entries in Quickbooks Online were very complex and hard to understand. The Qwibo app made it easy for me to sync my store so that my accountant can easily reconcile our books and tax records. Try this app if you want an easy-to-use solution for your accounting needs.

Developer reply

December 18, 2020

Thank you so much for your kind review. We built this app to support merchants like you because we were frustrated by the other apps too!