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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.
Quantity is the same for all stores/locations

Yes, limited.
Quantity is the same for all stores/locations

Yes, limited.
Quantity is the same for all stores/locations

Yes, limited.
Quantity is the same for all stores/locations

Yes, limited.
Quantity is the same for all stores/locations

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:
Create Transfer Slips in QuickBooks, sync updated quantities in POS

✓

✓

POS Multi-Store/Locations:
Create POS Transfer Slip, sent to QuickBooks, quantities updated
*Transfer slips are not supported from POS to POS

✓

✓

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)
(POS Supports 4)

 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

✓

✓