Master The Art Of Connect Quickbooks To Etsy Account with US

 Having an online business is a wonderful thing that has numerous advantages. If you are already an Etsy seller and want to streamline your business financial data, then QuickBooks can be a perfect choice for you. Inevitably, QuickBooks is a sophisticated accounting application that manages your financial data with ease. By connecting QuickBooks to your Etsy account, you can take control of your sales, orders, and discounts. Though the integration is a simple process, if you are looking for a guide explaining How to Connect QuickBooks to ETSY Account, then do read this blog. Here, we have explained the entire process in a simple language.

What is ETSY?

ETSY is a powerful E-Commerce platform that was launched in the year 2005. It is a perfect third-party e-commerce platform for artists, crafters, and made or vintage sellers dealing with a wide spectrum of items such as clothing, jewelry, bags, home décor, toys, furniture, and more. The platform allows you to track your order and manage inventory. Apart from that, the platform allows a number of payment methods, such as Apple Pay, credit and debit cards, Google Pay, and more.

Quick Look on QuickBooks 

QuickBooks is an elegant accounting software that is designed for small and medium-sized business to handle their financial task. The application can handle all your daily financial tasks, such as paying taxes, creating invoices, generating reports, managing inventories, and more seamlessly. You can use the on-premise version known as QuickBooks Desktop or the cloud-based application like QuickBooks Online or QuickBooks Self-employed. There are different versions and editions available. You can choose based on your needs and specifications.

What Does Etsy In QuickBooks Online Mean?

Etsy In QuickBooks Online simply means the integration of the ETSY with QuickBooks. By connecting your ETSY account with QuickBooks, you can automatically import tax data, sales, and fees from ETSY into QuickBooks. This integration saves you time by eliminating the manual data entry. Apart from that, there are various benefits that you can enjoy by integrating both applications. 

A few benefits of Etsy In QuickBooks Online are:

Better Financial Management

QuickBooks is the ultimate financial management software used to streamline your finances. The application allows you to track your finances and cash flow and manage inventories. The integration allows you to use these tools to gain insights into your business. It empowers the growth and success of your business.      

Accurate Financial Data

When you transfer the data from one application to another manually, there is a high chance of occurring errors. The QuickBooks ESTY integration automates the data transfer process, which assures that all financial records are up-to-date and accurate.    

Improved CRM

The integration allows you to easily track your customer orders, generate sales tax reports, and manage invoices. It also allows you to gain insights into your customer preferences and needs and improves overall customer relationship management.     

Streamline Tax Filing

Calculating and streamlining the taxes of your business can be a daunting task for many business owners. The integration of both applications eases this process by automatically calculating sales tax. You can easily file your taxes without any errors. 

How to Connect QuickBooks to ETSY Account

Hopefully, you have understood the importance of Connect Sync With Etsy with QuickBooks Online. And now you want to integrate both applications. However, before explaining the different methods, let us have a look at the prerequisites of this integration. 

    • An active QuickBooks account

    • An active Etsy account

You can connect the QuickBooks to Etsy account in two different aspects:

    • Etsy QuickBooks Online Integration

    • Etsy QuickBooks Self-Employed Integration

Below, we have explained the detailed procedure of both aspects.

Etsy QuickBooks Online Integration

You can connect QuickBooks online with Etsy with the help of an app known as Sync with Etsy App. This app was developed by Intuit to effectively connect QuickBooks to Etsy accounts and is available free of cost. 

Before initiating the process, make sure the below-mentioned bank accounts are linked with your QuickBooks online account. 

    • The credit card or the bank account where Etsy charges your seller fees and refunds.

    • The bank account where Etsy deposits your money earned from sales.

After that, follow the below-mentioned steps to Connect Sync With Etsy with QuickBooks Online.

    • Open the QuickBooks account and tap on the Apps option available on the left panel. 

    • In the search field, type Etsy and press the enter key.

    • Choose Sync with the Etsy app from the available list.

    • After that, tap on the Get the App Now button and follow the on-screen instructions to get the app.

    • Further, tap on the connect button. It will redirect you to the Etsy login Page. 

    • Login into your Etsy account and tap on the allow access button to provide the necessary permission. 

    • Now, you must now set up your settings. It includes setting up three fields, namely, the QuickBooks bank account where Etsy deposits your money, the bank account from where money is charged, and the start date for importing the transactions. 

    • After that, tap on the Save button, followed by clicking on the Connect button. 

    • Lastly, tap on the OK button when the connection is established. 

Etsy QuickBooks Self-Employed Integration

The QuickBooks self-employed is an online accounting software that is developed by Intuit. The application allows freelancers, solo entrepreneurs, and sole proprietors to keep track of their expenses. It also allows you to keep track of your mileage and helps in paying taxes. Follow the below-mentioned steps to establish a connection between the QuickBooks self-employed and Etsy.

    • Login into your Self-employed account using your admin credentials. 

    • After that, tap on the gear icon and choose the bank account option from the drop-down menu. 

    • In the search box, type Etsy and tap on the continue button. In case you have already connected a bank account, click on connect another account button. 

    • Enter the login credentials of Etsy and then press the connect securely button.

Final Wordings

In this article, we have tried our best to explain how to Connect QuickBooks to ETSY Account. By integrating both the application, you can leverage the various functionalities seamlessly. Though the process is explained in simple language, however, if you get stuck somewhere, you can connect with our experts