Overview
Link My Books automates ecommerce bookkeeping into Xero or QuickBooks, mapping taxes and reconciling payouts. Some users report occasional posting errors to Xero, however support is quick and setup is guided. Financial analytics and COGS tracking help clarify margins across channels.
Link My Books Specifications
Financial Reporting
Invoice Management
Tax Management
Bank Reconciliation
What Is Link My Books?
Link My Books is cloud-based accounting automation software built for ecommerce sellers and accounting firms. It connects marketplace payouts to accounting systems, applying accurate tax mappings and creating clean summary entries. With guided setup, users minimize errors when configuring accounts. Its cost of goods sold (COGS) tracking helps reveal true profit margins, while built-in reconciliation tools simplify bookkeeping tasks that otherwise consume significant time for online businesses.
Link My Books Pricing
Disclaimer: The pricing has been sourced from third-party websites and is subject to change.
Link My Books Integrations
Link My Books software supports integration with multiple systems and platforms, such as:
- Amazon
- eBay
- Shopify software
- Etsy
- TikTok Shop
- Walmart
- WooCommerce
Who Is Link My Books For?
It is ideal for a wide range of industries and sectors, including:
- E‑commerce stores
- Multichannel retail
- Online marketplaces
- Accounting
Is Link My Books Right For You?
Link My Books is well suited for ecommerce businesses and accounting practices managing high-volume online sales. Its standout features, such as automated payout reconciliation and VAT mapping, help reduce errors and save significant time on bookkeeping. With built-in cost of goods sold (COGS) tracking, it also provides clearer insights into profitability across multiple channels.
Still doubtful if Link My Books is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Link My Books Features
Link My Books automates the flow of inventory values into cost of goods sold (COGS) accounts only when items are sold. This ensures that month-end profit figures reflect reality, giving businesses a more accurate view of financial performance without manual journal entries or repeated corrections.
The platform applies correct tax rates by grouping products into standard, reduced, or zero-rated categories. By automating VAT treatment across channels, sellers avoid overpayment and gain confidence in compliance, while also protecting profit margins and ensuring accuracy in tax submissions and financial reporting.
Through detailed channel comparisons, users can evaluate revenue, expenses, and returns across platforms. This transparency helps pinpoint which channels contribute most to profitability, allowing businesses to allocate resources wisely and make growth decisions based on reliable, consolidated performance data instead of incomplete or skewed reports.
Sales, refunds, fees, and taxes are summarized into clean accounting entries for each payout. These summaries reconcile automatically with deposits in Xero or QuickBooks, reducing manual bookkeeping tasks and ensuring accounts balance correctly, improving both efficiency and accuracy during financial close processes for ecommerce businesses.
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