Sync QuickBooks Point of Sale with QuickBooks Online: How your retail business can benefit from the Ability AFE solution
The QuickBooks Point of Sale Desktop menu includes End of Day procedures for stores to close out, count cash drawers, run reports, and exchange information with QuickBooks Desktop. But QuickBooks POS lacks an always-on, real-time way to sync with QuickBooks Desktop. And QuickBooks Point of Sale doesn’t let retailers sync to QuickBooks Online (QBO).
To solve this QuickBooks POS features and capabilities gap, Ability Business offers add-on SaaS software tools called Ability Financial Engine (AFE). AFE allows merchants to sync Point of Sale with QuickBooks Online or QuickBooks Desktop in real-time.
This article describes the AFE add-on software solution for retailers and the benefits of syncing QuickBooks Point of Sale with QuickBooks Online.
Does QuickBooks Online Work with Point of Sale?
QuickBooks Point of Sale Desktop alone doesn’t work with QuickBooks Online. With Ability Financial Exchange (AFE) SaaS add-on QuickBooks syncing software from Ability Business, you can get QuickBooks Online to work with QuickBooks Point of Sale. AFE sync tools connect Point of Sale with QuickBooks Online in real-time.
How does QuickBooks Online Integrate with QuickBooks POS?
QuickBooks Online seamlessly integrates with QuickBooks POS Desktop when you get Ability Financial Exchange for QuickBooks Online as an add-on SaaS software app to perform two-directional syncing. AFE maps and connects corresponding fields to transfer nearly real-time data in both directions between the QB Point of Sale software and QBO software.
With API integration, AFE syncs item, customer, and vendor record fields between QuickBooks Online and QuickBooks Point of Sale.
With Ability Financial Exchange, you can add and receive inventory in QuickBooks Online, make sales in QuickBooks POS, sync inventory, customers, vendors, sales, sales receipts, and invoices to QBO, and run reports from QBO and POS. AFE works in the cloud, like QuickBooks Online. Integrated AFE features are accessible through the QuickBooks Online or QuickBooks Point of Sale login.
Ability Business compares Ability Financial Exchange features for retail merchants syncing each QuickBooks accounting software package with AFE. This comparison includes the features of AFE with QuickBooks Online.
Benefits of Syncing QuickBooks Point of Sale with QuickBooks Online using AFE
Benefits of using Ability Financial Exchange for QuickBooks Online include:
- Working with QuickBooks Online cloud accounting software
- Anywhere, anytime
- With a computer or mobile device to give you flexibility
- Using the synched point of sale data available in QBO
- Saving significant time from automation of the data transfer in real-time
- Having up-to-date financials with AFE on QuickBooks Online
- Reviewing cash flow reports to make better business decisions
- Knowing what to reorder
- Having two-directional sync in near real-time with AFE
- Depending on the task or your location, work from either QuickBooks Point of Sale or QuickBooks Online
- Example: Selling from QuickBooks Point of Sale or QuickBooks Online and creating special orders to invoice using QBO, with inventory in sync
- Depending on the task or your location, work from either QuickBooks Point of Sale or QuickBooks Online
- Using AFE sync software that’s scalable to handle your business growth
How to Use Ability Financial Exchange to Sync Between QuickBooks POS and QuickBooks Online
|
QuickBooks Online |
Ability Financial Exchange |
QuickBooks Point of Sale |
|
Create Items Create Purchase Orders Receive Inventory Review Profit Loss Review Balance Sheet See what you need to reorder Banking, Make Deposits Pay Bills, Receive Payments Sell on QBO App Access Anywhere, Anytime |
Sync Inventory to POS Sync Customer List Sync Vendor List Sync Sales Receipts to QBO Sync Invoices to QBO Sync Payments to QBO Sync Vouchers to QBO
|
Make Sales Create Customer Accounts Take Payment on Account Receive Inventory, Print Tags Physical Inventory Collect Sales Tax Run Reports Create Employee Logins Set Security Roles Add an Ability App |
How to Start Using Ability Financial Exchange (AFE) to Connect QuickBooks POS with QuickBooks Online
Ability Financial Exchange for QuickBooks Online is available from Ability Business with an onboarding package and monthly SaaS subscription pricing. The onboarding package includes Ability service, a one-time set-up fee, and upload & configure items, vendors, and customers.
Ability Business also offers Ability Financial Exchange for QuickBooks Desktop as a software product to sync QuickBooks POS with QuickBooks Desktop versions.
Learn about Ability Business, an award-winning Intuit QuickBooks Solution Provider serving on the QuickBooks Point of Sale Council. Ability Business provides the depth of expertise that’s essential for these AFE software products.
Onboard and subscribe to the retail solution, Ability Financial Exchange for QuickBooks Online, from the Ability Business website to get started. Then use Ability Financial Exchange to sync and exchange data with QuickBooks POS and QuickBooks Online in near real-time when you integrate POS and QuickBooks Online. Enjoy the advantages of working with a QuickBooks Point of Sale cloud-based sync solution, anywhere with QuickBooks Online, anytime it’s suitable for the task.
Summary – How to Integrate QuickBooks POS with QuickBooks Online using AFE Sync Tools
Ability Business, an award-winning QuickBooks Point of Sale Solution Provider, offers third-party software called Ability Financial Exchange that solves the QuickBooks Point of Sale capabilities gap. AFE lets retailers have POS systems that integrate with QuickBooks Online.
With the QuickBooks Point of Sale Desktop end-of-day procedure, users can only sync or exchange data with QuickBooks Desktop, not QuickBooks Online. Ability Financial Exchange (AFE) for QuickBooks Online provides real-time sync of several necessary fields, including sales and sales receipts, invoices, customers, and inventory between QuickBooks POS and cloud-based QuickBooks Online.
Ability Financial Exchange for QuickBooks Online is available from Ability Business with one-time onboarding and SaaS monthly subscription pricing.
Barbara Cook
About the Author
Barbara is currently a financial writer working with successful B2B businesses, including SaaS companies. She is a former CFO for fast-growing tech companies and has Deloitte audit experience. Barbara has an MBA degree from The University of Texas and an active CPA license. When she’s not writing, Barbara likes to research public companies and play social games including Texas hold ‘em poker, bridge, and Mah Jongg.
