We’re stoked to announce some awesome updates Vend’s integration with QuickBooks Online. Now Vend will sync daily sales totals by product type and cost of goods sold when you close your register. These extra bits of data helps retailers accountants grow their businesses, and their accountants better manage finances.
Product type means daily sales totals can be broken down to show, for example, sales totals for dresses compared with sales totals for jewelry on the same day. This gives retailers and accountants the ability to view sales and profit trends, and get a better understanding of their business.
With each register closure, Vend also now syncs cost-of-goods-sold to QBO. This means that in addition to daily sales totals, retailers can also see their store’s profitability on a day-by-day, register-by-register basis.
We’re excited to see how retailers and accountants use the new features of the integration to grow their businesses. Check it out from the Add-Ons page inside your Vend Dashboard, or over at vendhq.com/qbo.
About Vaughan Fergusson
Vaughan is the Founder of Vend. An entrepreneur and technologist, Vaughan's goal is to make retailers' lives easier. When he's not leading the team, Vaughan is working on his charitable foundation and raising his kids.