Feed on Posts or Comments 21 November 2008

Auction Business Frank Ross on 28 Feb 2007 04:05 pm

Taking a Look at eBay Accounting Assistant

If you’re selling on eBay in a large way, you need a quick way to account for your sales. For most of us, that means QuickBooks. Putting in each sale in QuickBooks manually however, is tediousĀ and time-consumingĀ to say the least and if you’re try to sell on eBay large scale, that won’t work.

Fortunately, there’s eBay Accounting Assistant (EAA). It’s a QuickBooks compatible piece of software that is free for the download if you have one or more of the following eBay Services: eBay Stores, Selling Manager, Selling Manager Pro, eBay Blackthorne products.

EAA downloads sales directly from eBay and preps them for import directly into QuickBooks. You can also do this by downloading transactions from Paypal into a QuickBooks format. But unlike that PayPal option, the EAA offers you the opportunity to map each item in each listing to an item in the QuickBooks file. This is important if you are trying to track item level profitably on eBay.

One word of caution: It’s not yet compatible with QuickBooks 2007. So if you’re thinking of upgrading QuickBooks and want to use EAA, you may have to wait a bit. eBay Accounting Assistant can be downloaded by going to “Seller Tools” and selecting “Accounting Assistant”.

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