Accurate Inventory Accounting : Easily map inventory across different marketplaces and channels. Ecominate supports average cost or FIFO.
Connect to Xero and QuickBooks : Ecominate syncs your e-commerce data to QuickBooks Online or Xero. Easily reconcile your books with the click of a button.
Multi-Channel Connections : Connect to Amazon, Shopify, eBay, Walmart and other marketplaces. You can also connect multiple accounts.
Ecominate offers a powerful suite of analytics, inventory management, and accounting tools to streamline your e-commerce operations. Our system works for small and large sellers and integrates with accounting systems like Xero and QuickBooks Online.
Ecominate was built to scale across large SKU-count catalogs by automatically linking inventory items by SKU, ASIN, Product ID or other unique identifiers.
Channels like Shopify pay sellers twice a settlement payout. These payouts represent the leftover amount after all of the various fees and costs are subtracted by the marketplace. Ecominate connects to your accounting system to create mappings that are used to match Shopify transaction types to your chart of accounts. Ecominate automatically creates a viewable transaction summary that matches perfectly to your bank feed and posts it to your ledger so you can effortlessly reconcile your payout bank statement.
Ecominate calculates your true inventory value continuously and reconciles against Amazon on a monthly basis. Ecominate bridges the gap between your inventory and your accounting system.
Many accountants bypass the first-in first out (FIFO) inventory costing method because of the incredible overhead involved. To solve this, Ecominate has created the first of its kind FIFO-based inventory system specifically designed to work with FBA. Simply enter in your purchase orders and everything else is completely automated.
Ecominate is built to work with accounting systems like Xero and QuickBooks. Ecominate posts all of your sales data, cost of goods sold, and inventory adjustments as summarized journal entries right to your bookkeeping system.
About the Author
Matej Kontros is an E-Commerce expert and app developer with over a decade of professional experience in IT.
Matej has worked for organisations of all types and sizes, including global players, startups, and agencies. He designed, developed, and maintained complex projects.
Matej's expertise includes e-commerce, software engineering, web development, systems administration, internet security, managing projects, and building teams.
Visit his website at [ Web Linkedin ] or contact him at [email protected].