ConnectBooks

Overview

ConnectBooks is an automated accounting platform designed specifically for e-commerce sellers. It bridges the gap between sales platforms like Amazon or Shopify and accounting software like QuickBooks or Xero. By automatically reconciling every transaction, fee, and refund, it provides sellers with a real-time, accurate view of their net profit and financial health.

What it does

• Automates the reconciliation of e-commerce payouts into QuickBooks/Xero.
• Tracks landing costs and COGS (Cost of Goods Sold) down to the SKU level.
• Provides real-time profit and loss (P&L) statements for Amazon, Walmart, and eBay.
• Calculates exact sales tax and VAT obligations across different jurisdictions.
• Identifies discrepancies in Amazon reimbursements and fees.

Who it's for

• Amazon FBA sellers
• Shopify merchants
• E-commerce accountants
• Multi-channel retailers

Why it works

• Accuracy: Unlike general tools, it accounts for every cent of Amazon fees, storage, and PPC spend.
• Automation: Removes the 'spreadsheet hell' of manual bookkeeping for high-volume stores.
• Profit Visibility: Tells you exactly which products are making money after all hidden costs.
• Compliance: Ensures that your books are always ready for audit or tax filing.

Founder story

Founded in 2017 by Nachman Lieser in Brooklyn, NY. Nachman, a bookkeeper for Amazon sellers, realized that traditional accounting software couldn't handle the complexity of e-commerce fees and data. He built ConnectBooks to automate the process he was doing manually for his clients.

Alternatives

• A2X
• Webgility
• Hellotax
• InventoryLab

Comparison overview

• A2X: Great for summary-level accounting; ConnectBooks is better for SKU-level profit and loss detail.
• Webgility: A more expensive enterprise suite; ConnectBooks is the lean, focused choice for growing brands.
• ConnectBooks is the best choice for sellers who need to know their real profit every single day.