ConnectBooks syncs every Amazon sale, FBA fee, refund and reimbursement into QuickBooks or Xero, matches each payout to your bank deposit, and shows your real net profit per SKU.
Free 1:1 setup with a pro bookkeeper on every plan · Live US support
Problem
Every two weeks Amazon sends one lump sum. Inside it are sales, referral fees, FBA fulfillment and storage fees, refunds, reimbursements, ad spend, sales tax Amazon collected and sent to the state, and sometimes money held back in a reserve. QuickBooks only sees the net deposit.
Sound familiar?
The deposit “matches” the bank, but the P&L still doesn’t make sense.
A settlement spans two months, so neither month’s numbers are right.
Amazon-collected sales tax shows up as your income.
Returns, lost and damaged units never make it back into inventory or COGS.
You update product costs in a spreadsheet and hope they’re current.
Cost
Manually splitting settlements every pay period.
“We gained back three out of every four hours we used to waste on bookkeeping manually. Now we use that time to up our sales and margins.”
Esti Szegedin, CEO & Founder, Exponent Management
Fees, returns and ad spend hide inside each SKU’s margin.
“Before ConnectBooks, we thought we were making $2-3 profit on our hottest SKU, and actually we were losing money. It definitely tripled or more our bottom line.”
Hannah Jay, Bookkeeper, Gift Essentials
Amazon’s 1099-K reports gross payments, including sales tax Amazon collected for you. If your books aren’t reconciled, the numbers won’t line up when your CPA asks.
Hours of an accountant’s time spent decoding settlement reports.
“It translates “Amazon” into something my accountant can understand without charging me $200 an hour to decipher it.”
Sam Steinmetz, Double Play Toys
Accounting
Amazon’s settlement reports don’t look like anything your bookkeeper has seen before. That’s why ConnectBooks was built by accountants and bookkeepers, and why every rep on our NY-based team knows QuickBooks, Xero and marketplace bookkeeping.
Every payout matched to the bank deposit, to the penny
Closed months stay closed
Every entry traceable to the order and SKU
Each settlement syncs once it closes, with its settlement ID. No duplicates.
Referral, FBA, storage, shipping and PPC, each mapped your way.
Sellable returns go back to inventory; unsellable ones are booked as a loss.
Cost of goods from QuickBooks or Xero, posted with each settlement.
Taxes tracked and mapped; your Amazon 1099-K matched.
Net profit after fees, returns, ad spend and COGS.
Tracking stock across FBA, AWD and your own warehouses? ConnectStock values inventory at FIFO with landed cost, across every warehouse. Platinum plan.
Setup
No migration project. A pro bookkeeper sets up your account with you, 1:1, for free. It’s included on every plan.
Connect Amazon and QuickBooks (Online, Desktop or Enterprise) or Xero.
Included on every plan. They map your accounts the way you (or your accountant) want and make sure your data comes in correctly.
Each settlement posts to QuickBooks or Xero with sales, fees and refunds broken out, ready to match to your bank deposit. Your profit per SKU is waiting in the dashboard.
Or schedule a demo.
Plans are priced by monthly order volume. See plans and pricing →
Reviews
“Spent hours the first few months manually checking it line-by-line to make sure it’s correct, and the reconciliation is perfect to the penny, absolutely error-free.”
Ben Schaya, Mom & Baby Supplies Inc.
“I wait for the settlements to post - it’s usually 4 - 5 days after the Amazon cut-off - and then I login to check. All I have to do is click the green export button and I’m done.”
Andrew Brassard, CEO, Eagle Peak
“Advanced software but old fashion unparalleled Customer Service. You actually get to talk to a live human and they know their stuff cold.”
SamW, verified Amazon marketplace review
FAQ
Straight answers about ConnectBooks, Amazon, QuickBooks and Xero. Still have a question? Call 845 751 1600.
Risk-free
Start your 30-day free trial and a pro bookkeeper sets up your account with you, 1:1, at no cost. Free setup is included on every plan. Check every number against your own QuickBooks reports before you decide.
Before
Splitting deposits by hand, guessing at COGS, dreading January.
After
Press sync, books that tie to your bank, real profit per SKU, a 1099-K that lines up.
Start your free trial today. A pro bookkeeper will set you up, free, on every plan.
Free 1:1 setup on every plan · 30-day free trial · Live US support
Rather talk now? Call 845 751 1600 (live US support).