Intuit Canada, a developer of finance management solutions, announced that Shopify will be integrated into the QuickBooks Online (QBO) ecosystem.
The Shopify platform will now integrate with QBO and allow merchants to automatically update and transfer business financials. All ecommerce transactions will now flow into QBO automatically, which the company said can improve sales transaction accuracy and eliminating the need for manual reconciliation.
The QBO ecosystem will now connect 200,000 Shopify merchants to Intuit’s global base of small business owners, as well as the 1,000 small business apps available in QBO. The new integration enables merchants to manage all aspects of their business in one place, as well as access key financial insights.