Ability Financial Exchange
A QuickBooks sync tool designed for business growth
Ability Financial Exchange is designed to offer business owners and managers a versatile & flexible solution utilizing QuickBooks software as the foundation. Our QuickBooks sync tool allows you to manage your day to day operations including inventory in QuickBooks and sync inventory and quantities to QuickBooks Point of Sale. Then at Point of Sale, simply sell the items and our QuickBooks sync tool will send the sales transaction to QuickBooks in real-time. With our QuickBooks sync tool, you can save time, limit errors and devote your energy to all those projects on your to-do list. Power your business with Ability Financial Exchange. Learn more here.
Compare Our QuickBooks App Features
Ability Financial Exchange (AFE) Supported Features | QuickBooks Online Advanced or Plus | QuickBooks Pro Plus | QuickBooks Premier Plus | QuickBooks Enterprise Silver | QuickBooks Enterprise Gold | QuickBooks Enterprise Platinum | QuickBooks Enterprise Diamond |
General | |||||||
Real time QuickBooks sync | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Set Class Tracking for each store | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |
Set Location Tracking for each store | ✓ | ||||||
Full one-to-one POS sales transaction with QuickBooks sync | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Supports Multiple POS Store Locations | Yes, limited. | Yes, limited. | Yes, limited. | Yes, limited. | Yes, limited. | Yes with QuickBooks Enterprise Advanced Inventory | Yes with QuickBooks Enterprise Advanced Inventory |
Sales | |||||||
Sync POS receipts to QuickBooks | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync POS on account receipts to QuickBooks | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync Sales Tax to QuickBooks | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Multiple POS Sales Tax | No. Due to QuickBooks Online limitations, AFE only supports 1 Sales Tax Location (Tax/Non) | ||||||
Map QuickBooks Price Level to POS (5 Levels) | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |
Price Sync Mode | Select 1 mode from four options | ||||||
Sync Sales Orders, Work Orders, Layaways | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Customers | |||||||
Add customers | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync customer updated information | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync account balances | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync Customer Types | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Vendors | |||||||
Add vendors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync Vendor updated information | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Inventory | |||||||
Create new items in QuickBooks, sync to POS | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Create new items in POS, sync to QuickBooks | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync item reorder points | ✓ | ||||||
POS Style Matrix | Not Supported | Not Supported | Not Supported | Not Supported | Not Supported | Not Supported | Not Supported |
PO (Purchase Order) Syncing | ✓ | ||||||
Receive inventory in QuickBooks, sync quantities to POS | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Receive in POS, Voucher syncs to QuickBooks as a Bill | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Create Qty/Cost Adjustments in QuickBooks, update qty/cost in POS | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Create Qty/Cost Adjustments in POS, insert memo into QuickBooks | ✓ | Yes, need to be in single-user mode | Yes, need to be in single-user mode | ✓ | ✓ | ✓ | ✓ |
Multi-Store/Locations: | ✓ | ✓ | |||||
POS Multi-Store/Locations: | ✓ | ✓ | |||||
POS Item Field Mapping | |||||||
Item Number | Purchase Description | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) |
Department | Category | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) | Custom Field (Req) |
POS Item Name (31 Characters) | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Item Description | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
POS ALU (Alternate Lookup) | SKU | ||||||
Manufacturer Part Number | Purchase Description | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field |
Size | Purchase Description | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field |
Attribute | Purchase Description | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field |
UPC | Purchase Description | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field |
QuickPick Group | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | Custom Field | |
Sync Base Unit of Measures (UOM) | Purchase Description | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Sync Multiple Unit of Measures (UOM) | Purchase Description | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Create Assembly Items in QuickBooks, Sell in POS | ✓ | ✓ | ✓ | ✓ | ✓ | ||
QuickBooks Entrprise Advanced Inventory | |||||||
Set Inventory Site/Location to POS | ✓ | ✓ | |||||
UPC Bar Code to POS UPC | ✓ | ✓ | |||||
Bin Locations sync to POS notes or append to description | ✓ | ✓ | |||||
Lot tracking or serial tracking | ✓ | ✓ |