Settlements can be imported to QuickBooks as Journal Entries (or Sales Invoices), which can be matched up against your payments from Amazon/eBay/Shopify. By default, we use one or two journal entries. However, we also offer the option when using journal entries to use deposits - this can be changed in Settings > Invoices.

STEP 1. First, make sure you have selected the proper bank/credit card accounts under each marketplace in taxomate under Settings > Connections.

STEP 2. In QuickBooks, select Transactions and then Banking on the left side.

STEP 3. Find the settlement or payout payment that you want to reconcile and select Confirm. QuickBooks should auto-match the proper journal entry or deposit to the bank payment to make things easier.

If no match was found (Confirm button is not showing) select the transaction and Find match. Then select the matching journal entry deposit and save.

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