Settlements are imported to QuickBooks as Sales Invoices which can be matched up against your bank deposits.

A. Reconciling Single Invoices

STEP 1. First make sure you you have selected the proper bank account under each marketplace in Connections.

STEP 2. First select Banking on the left side.

STEP 3. Find the settlement that you want to reconcile.

QuickBooks usually auto-syncs the proper sales invoice/journal entry and bank deposit to make things easier.

Step 4. Select Match to reconcile your settlement with your bank deposit.

B. Reconciling Split Invoices

If you have split invoices turned on, taxomate will send two invoices where the settlement spans two months (e.g., Sep 19, 2019 - Oct 3, 2019). QuickBooks may not automatically reconcile, making the matching slightly different.

STEP 1. As with single invoices, select Banking on the left side and find your Amazon deposit.

STEP 2. Select the deposit and then select Find match in the dropdown.

STEP 3. Select the two invoices that were sent to QuickBooks. The difference should total $0.00.

Step 4. Click save and you will see a Transaction Matched notification.

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