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How to Connect Quickbooks to Lightspeed

Lightspeed is an effective app, tailored especially for small businesses to run smoothly by creating easy-to-navigate point of sale products for retail stores and restaurants. The tools of this app are exclusively designed around the basic needs of business owners who are managing their business from single to multiple locations. Lightspeed provides two important versions- Lightspeed Accounting and Lightspeed Retail which are proving helpful to business owners. Lightspeed Accounting provides a link between the useru2019s point of sales and his storeu2019s accounting system and automatically synchroniz

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How to Connect Quickbooks to Lightspeed

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  1. How to connect Quickbooks to Lightspeed | Quickbooks Lightspeed Integration Lightspeed Retail is multi-purpose and user-friendly POS (point-of- sales) system software, which can be easily accessed from anywhere and at any time. The software platform of Lightspeed Retail is ideal for all types of retailers who address POS requirements of small single stores and large multi-shop enterprises. It facilitates smooth daily operations of retail businesses. This effectively developed POS software offers quoting, ordering, and invoicing tools, jobs and timesheet capabilities, inventory management functionality and robust reporting features. The users can easily use Lightspeed Onsite POS to seamlessly switch from management to sales. As far as hardware is concerned, Lightspeed is compatible with iOS and Android devices. For additional hardware requirements, the vendor can offer cash drawers, barcode scanners and receipt printers. The Quickbooks Lightspeed Integration software platform of Lightspeed Retail works effectively for retail stores and restaurants as it smoothly creates an easy-to-navigate POS (point-of-sales) of sales products.

  2. The effective tools of Lightspeed app are exclusively designed for businesses who are managing their business from single to multiple locations. It provides two versions- Lightspeed Accounting and Lightspeed Retail. Lightspeed Accounting offers a link between the user’s point of sales and his store’s accounting system. It automatically synchronises bookkeeping information between them. Lightspeed Retail streamlines inventory management, generates insightful reports, offers critical POS tools, and has a perfect management system. The major benefit of Lightspeed Retail app is that its onsite provides all essential tools which are required to perform POS operations that includes quoting, ordering and invoicing. The other important benefit of this app is that it offers features which help customers in every step of the sales cycle, which includes product creation, appointment scheduling, and time-billing capabilities. Integration of Lightspeed and QuickBooks The successful integration of Quickbooks Lightspeed Integration Retail and QuickBooks Online sync accounting data between them, which eventually saves time and eliminates all chances of manual data entry errors. The extensively designed dashboard of Lightspeed Retail depicts which data is uploaded, which mainly includes payments, item quantity, sell price, cost, and margin, enabling a secondary level of detail for verification. It works effectively with single store and multiple location accounts. After successfully setting up GL accounts in QuickBooks Online with bookkeeper, users can map accounts to fields in Lightspeed Accounting App for revenue, cost if goods sold, payment methods and more. After effective mapping, Lightspeed Accounting automatically syncs the user's point of sales data from Lightspeed Retail to QuickBooks Online perfectly.

  3. Steps to integrate Lightspeed and QuickBooks The seamless integration of Lightspeed Retail and QuickBooks Online app enables in capturing all daily transactions from Lightspeed and integrates all data in an abridged format and delivers a single invoice output in QuickBooks Online by mapping sales, payments, and taxes which can be tracked by-products, by location, and by categories. 1. First of all, users should authenticate their Lightspeed and QuickBooks Online accounts. 2. Now, users should open their Quickbooks Lightspeed Integration Retail account and then click the New Integration button and select Lightspeed Retail + QuickBooks Online from the integrations list to start the setup. 3. The integration will sync a summary of the user’s previous sales data from Lightspeed into QuickBooks Online and thus will generate an invoice. 4. From a wide array of formats, users can customize their preferred sales summary view. 5. Thereafter, users can also capture all types of payment transactions which include gift cards, liabilities, taxes, and fees.

  4. 6. It will be simpler for users to put together Lightspeed sales and payments in QuickBooks Online.

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