Inventory apps
Companies start using Inventory Apps to automate tracking of:
- Purchase Orders and Sales Orders
- General availability of stock
- Use of different inventory accounting methods (LIFO, FIFO)
- Teams working in different locations
- Sequences of tasks that move stock (Pick, Pack, Ship, Transfer)
- Multi-channel or multiple locations of stores
There are tons of inventory apps that integrate with Amazon and Shopify and yet only some integrate with Xero, QuickBooks Online or Sage.
Their numbers raise the question:
How important is it to integrate inventory apps with accounting apps?
The popular Inventory apps that accomplish the above and integrate with Amazon/Shopify and Xero are:
Dear Inventory
A Reliable Inventory Management Software System
For B2B ecommerce
A Reliable Inventory Management Software System For B2B ecommerce to completely manage and control stock with Shopify, QuickBooks, Amazon Integrations, tracking and more.
How does it integrate with Xero?
It integrates both ways, but the main concern is the data flowing from Dear.
- Imports Bills or Purchases Orders
- Imports Purchase Credit Notes
- Imports Sale Quotes/Estimates
- Imports Sales Invoices
- Imports Credit Memos and Sales Credit Notes
- Imports Cost of Goods Sold
- Imports Inventory Adjustments
Which of these data integration points duplicate A2X Data?
Following ones:
- Sales Orders
- Sales Credit Notes
- Cost of Goods Sold
- Inventory Adjustments
What is the difference and benefit in how A2X does it?
A2X entries record the sales for a settlement period along with the fees and other cash-related transactions. One entry can record multiple sales and fees and reconcile to the matching settlement deposit from Amazon/Shopify. It saves on reconciling multiple sales orders and manual entry of other fees and transactions.
DEAR can also produce settlement entries, however, according to Conrad Rohleder of Clearinity, "Here are 5 reasons why I still have clients shut this off in DEAR and manage it in A2X only:
An additional benefit is A2X's ability to generate Cost of Goods Sold entries by settlement period and Inventory Valuations monthly. With a direct integration to Amazon/Shopify Inventory, A2X generates numbers sold in a settlement period and remaining stock at month end. It is a valuable checks and balances feature.
What are the options for turning any of these integration points off?
With Dear Inventory, you cannot pick and choose what to and what not to integrate with any ease, so it is best not to integrate Dear with Xero when using A2X.
Do you lose any automation by turning them off?
Not for Amazon channels. If you have other channels, periodic journal entries may be the way to go.
Cin7
The cloud-based inventory system for merchants
that sell and distribute products.
Cin7 is an industry leading inventory management software with an integrated POS system for easy inventory control and tracking. With 300+ powerful integrations, Cin7 is the world's most integrated and automated inventory system, with POS, B2B, EDI and 3PL for omnichannel commerce.
How does it integrate with Xero?
- Imports Customers
- Imports Orders
- Imports Cost of Goods Sold
- Imports Credit Notes
- Imports Inventory Adjustments
Which of these data integration points duplicate A2X Data?
- Orders
- Cost of Goods Sold
- Credit Notes
What is the difference and benefit in how A2X does it?
A2X entries record the sales for a settlement period along with the fees and other cash-related transactions. One entry can record multiple sales and fees and reconcile to the matching settlement deposit from Amazon/Shopify. It saves on reconciling multiple sales orders and manual entry of other fees and transactions.
A2X generates a Cost of Goods Sold entry by settlement period and Inventory Valuations monthly. A2X pulls directly from Amazon/Shopify Inventory to give an accurate picture of numbers sold and in stock.
What are the options for turning any of these integration points off?
You can work with your CIN7 onboarding team to customize your integration and prevent CIN7 from syncing Amazon/Shopify data to your cloud accounting platform.
Do you lose any automation by turning them off?
Not for Amazon channels. If you have other channels, periodic journal entries may be the way to go.
Unleashed
The world's easiest inventory software for your
business.
The world's easiest inventory software for your business. Powerful inventory management solution helps your business grow.
How does it integrate with Xero?
- Imports Sales Orders
- Imports Purchase Orders
- Imports Supplier Returns
- Imports Credits
- Imports Suppliers
- Imports Sales Journals
- Imports Credit Journals
- Imports Assembly/Disassembly Journals
- Imports Inventory Adjustments
Which of these data integration points duplicate A2X Data?
- Sales Orders
- Credits
- Sales Journals
- Credit Journals
- Inventory Adjustments
What is the difference and benefit in how A2X does it?
A2X entries record the sales for a settlement period along with the fees and other cash-related transactions. One entry can record multiple sales and fees and reconcile to the matching settlement deposit from Amazon/Shopify. It saves on reconciling multiple sales orders and manual entry of other fees and transactions.
A2X generates a Cost of Goods Sold entry by settlement period and Inventory Valuations monthly. A2X pulls directly from Amazon/Shopify Inventory to give an accurate picture of numbers sold and in stock.
What are the options for turning any of these integration points off?
There are none. To get the full benefits of both Unleashed and A2X, it is best not to integrate Unleashed with Xero.
Do you lose any automation by turning them off?
Not for Amazon channels. If you have other channels, periodic journal entries may be the way to go.
TradeGecko
Powerful inventory management software for
eCommerce and wholesale.
Powerful inventory management software for eCommerce and wholesale with Shopify, Xero, QuickBooks, Amazon, a B2B ordering platform, payments and mobile to take complete control of your business.
How does it integrate with Xero?
- Imports Sales Orders
- Imports Purchase Orders as Bills
- Imports stock adjustments as Bills
Which of these data integration points duplicate A2X Data?
- Sales Orders
- Stock Adjustments
What is the difference and benefit in how A2X does it?
A2X entries record the sales for a settlement period along with the fees and other cash-related transactions. One entry can record multiple sales and fees and reconcile to the matching settlement deposit from Amazon/Shopify. It saves on reconciling multiple sales orders and manual entry of other fees and transactions.
A2X generates a Cost of Goods Sold entry by settlement period and Inventory Valuations monthly. A2X pulls directly from Amazon/Shopify Inventory to give an accurate picture of numbers sold and in stock. It happens less frequently which leaves your accounting less cluttered. Real time changes in inventory can be monitored in TradeGecko without being recorded at the same time in Xero.
What are the options for turning any of these integration points off?
There are none. To get the full benefits of both TradeGecko and A2X, it is best not to integrate TradeGecko with Xero.
Conrad Rohleder of Clearinity says, "None of my clients use the Xero/QuickBooks integration - we do periodic journals instead."
Do you lose any automation by turning them off?
Not for Amazon channels. If you have other channels, periodic journal entries may be the way to go.
StitchLabs
Stitch Labs offers reliable software for a
variety of growing brand's needs.
Stitch Labs offers reliable software for a variety of growing brand's needs. Learn how Stitch Lab's software can streamline your business needs today!
How does it integrate with Xero?
- Imports Sales Invoices
- Imports Month End Stock Adjustment Journal Entry
Which of these data integration points duplicate A2X Data?
- Sales Invoices
- Month End Stock Adjustment Journal Entry
What is the difference and benefit in how A2X does it?
A2X entries record the sales for a settlement period along with the fees and other cash-related transactions. One entry can record multiple sales and fees and reconcile to the matching settlement deposit from Amazon/Shopify. It saves on reconciling multiple sales orders and manual entry of other fees and transactions.
A2X generates a Cost of Goods Sold entry by settlement period and Inventory Valuations monthly. A2X pulls directly from Amazon/Shopify Inventory to give an accurate picture of numbers sold and in stock.
What are the options for turning any of these integration points off?
There are none. To get the full benefits of both StitchLabs and A2X, it is best not to integrate StitchLabs with Xero.
Conrad Rohleder of Clearinity says, "None of my clients use the Xero/QuickBooks integration - we do periodic journals instead."
Do you lose any automation by turning them off?
Not for Amazon channels. If you have other channels, periodic journal entries may be the way to go.
