We helped a small retail business in Toronto become more efficient by tailoring and implementing our Small Retail Business Database for them. It drastically improved inventory management and reduced the amount of time they spent on accounting for Amazon sales and inventory.
Amazon to Quickbooks Online account mapping and journal entry creation based on uploaded Amazon Seller Central transactions statement
Multi-currency, real-time profit margin calculation for sourced products
Multiple inventory locations, including Headquarters, 3PL, Amazon.com, Amazon.ca
Ability to create purchase and shipment orders
Audit log for inventory transactions (e.g. transfers, receipts, sales)
More details coming soon.
Before the implementation of the Small Retail Business Database hours of work went into the reconciliation of accounts after each Amazon statement.