Is Migrating from Tally to Quickbooks for Indian E-commerce Business (Hosted on Shopify) possible?

The Revolver Club · ‎June 28, 2022

Hello, Our website is hosted on shopify and currently we are using tally as our accounting software. We want to automate the accounting process by syncing order data, products and customers, automating invoice generation etc.

We implemented quickbooks realized that on tally we create invoices based on fulfillment date whereas in quickbooks invoices get created on order create date bases which leads to 1) Increase Revenue (2) lack of physical inventory or actual purchase may be on later date ( Decrease liability ) – Not correct picture on Profit & loss statement. Our CA has told that by law we should invoice based on fulfillment date only.

Can you suggest what could be a possible solution which can be implemented on quickbooks? or should we continue with tally only?

Charies_M · ‎June 28, 2022

Welcome to the Community, The Revolver Club.

When you integrate Shopify with QuickBooks Online (QBO), one of it's feature is to share when an order is made in Shopify and create or update the sales invoice or receipt in QBO. You can also ask for an advice from your accountant to make sure this fits your business needs.

For the migration process, you may want to reach out to Tally and Shopify for assistance in migrating your data. This is to make sure all the information you need can be transferred to QBO. You can use Google search to find their updated phone details.

I'm sharing you these articles to guide you with the integrations process of the application. I've got some great articles for your reference on how to integrate QuickBooks and Shopify:

Feel free to visit this link where you can gain more tips and articles for future use: Welcome India customers to Global Community.

For additional queries about QuickBooks, feel free to leave a comment below. I'll get back to you. Have a good one.