How to Integrate Lightyear with QuickBooks?
Lightyear is an automated accounts payable software that helps businesses streamline and optimize various financial processes. It offers numerous features including line item data extraction, automated bookkeeping, approvals, and automated statement reconciliation that help them save valuable time and resources. It offers intelligent data extraction capabilities, which automatically extract unlimited line items and their data including description, quantity, product codes, tax, and unit prices from the document. It also allows businesses to create smart automation rules based on product codes, suppliers, descriptions, or document keywords. In this article, we will explain how to integrate Lightyear with QuickBooks.
What Are the Advantages of Integrating Lightyear with QuickBooks?
Here are some of the benefits of integrating Lightyear with QuickBooks.
- Automatically synchronizes various data items including customers, account codes, tax rates, classes, and locations with QuickBooks.
- Automate various processes including general ledger coding, tracking categories, cost centers, departments, and locations.
- Allows users to send documents through the system to specific people automatically based on various set triggers.
- Automatically 3-way matches line items from purchase orders with GRNs and supplier’s bills.
How to Integrate Lightyear with QuickBooks?
Follow the given steps to integrate Lightyear with QuickBooks Online.
- Log into your Lightyear account.
- From the navigation pane, go to Settings > Accounting Software.
- Select “QuickBooks Online”
- Click “Connect.” You will be redirected to the QuickBooks Online website.
- Log into your QuickBooks Online account using your credentials.
- Select the company that you want to synchronize with your Lightyear account.
- Customize your QuickBooks Online settings by selecting Software Settings.
- Click on the “Confirm” button.
Apps4Rent Can Help with Lightyear and QuickBooks Integration
Lightyear’s automated bookkeeping capabilities help eliminate manual errors and ensure accurate recording of financial transactions in QuickBooks. The integration can help maintain data integrity between the two systems, reducing the risk of discrepancies, and enhancing overall compliance with accounting standards and regulations.
As an Intuit Authorized Hosting Provider, Apps4Rent can provide QuickBooks cloud hosting plans and host it from top-tier SSAE 16 data centers based in New York and New Jersey and can help you in configuring and integrating Lightyear with QuickBooks according to your requirements. Call, chat, or email our experienced cloud consultants available 24/7 for inquiries.
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