Any firm now engages in e-commerce, and the correct technologies can significantly improve your online sales and accounting procedures. Integrating Shopify and Sage 50 is one such approach.
Sage 50 is a thorough accounting program that aids in the management of business finances. It is a well-liked option among Canadian small and medium-sized businesses (SMEs) because of its simplicity, adaptability, and powerful features. In contrast, Shopify is a well-known e-commerce platform that enables companies to set up an online store. Businesses can integrate their online sales and accounting effortlessly and save time and money by integrating these two platforms.
3 Simple Steps: integrating Sage 50 with Shopify in Canada using Storehub.io
The automation of data entry is one of the main advantages of integrating Sage 50 with Shopify. With this integration, Sage 50 will automatically sync sales data from your Shopify site, including information about customers, products, and sales totals. This saves you time and lowers the possibility of errors by doing away with the necessity for manual data entry. Your financial records will always be current thanks to real-time updates.
The enhanced inventory management that results from integrating Sage 50 with Shopify is another perk. Sage 50 automatically updates the stock levels when a product is sold on your online store. As a result, there is no longer a need to manually check stock levels, saving you time and preventing overstocking or stockouts. You may also identify which products are doing well and which are not by having real-time syncing of stock levels, allowing you to alter your inventory accordingly.
Additionally, businesses can track their sales and expenses more efficiently thanks to the connection of Sage 50 and Shopify. You’ll be able to see trends and make smarter business decisions if you have access to all of your financial data in one location. With your updated financial records, Sage 50 can quickly generate a variety of financial reports, including trial balance reports, profit and loss statements, and balance sheets. You can track sales, profit margins, and expenditures for each product separately if this data is synced.
Additionally, companies can build up automated accounting procedures. Businesses may automate their accounts payable and accounts receivable operations with Sage 50, saving time and effort, by setting up regular invoices and bills. With this interface, it’s simple to track your unpaid bills, reconcile payments, and even generate reminders for past-due ones.
What software should you use to integrate Sage 50 with Shopify in Canada?
The process of integrating Sage 50 with Shopify is ongoing and takes some setup and configuration. But there are numerous third-party applications, such as Ezzypay, that integrate Sage50 and Shopify. These apps reduce the requirement for technical knowledge and streamline the integration procedure.
In conclusion, Canadian firms may smoothly connect their online sales and accounting by integrating Sage 50 with Shopify. Businesses can save time and money and make better business decisions by doing away with the need for manual data entry, automating inventory management, and enabling a seamless information flow between the two platforms. This integration is an affordable option that may assist companies of all sizes in developing and enhancing their web presence.
Watch: How to sync Shopify with Sage 50 in Canada
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