wholesale

Distribution is a complex task in itself – you may have a unique catalog per retailer you sell to, handling orders over phone and email, not sure about your your inventory. To top it all, if you do not have an automated way to enter all this into QuickBooks, it is very likely that you will end up creating wrong/missing/duplicate entries.

Primaseller provides a very easy way to handle all your B2B sales with minimum paperwork and also synchronize all your sales on QuickBooks automatically.

Here are the major benefits of B2B order management with QuickBooks and Primaseller:

  • Dedicated B2B eCommerce Portal

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With Primaseller’s B2B Portal, you can invite your retailers to a clean eCommerce website where only they will be able to login, see the catalog which is specific to them and place orders. Retailers will also be able to view their past orders, track progress and add special instructions on orders. You will no longer need to accept phone or email orders – simplify it all by taking your order acceptance process online. Keep a record of every exchange you have had with your retailers.

  • Stock Availability And Sync With QuickBooks.

Not only can you view what is available within your system for all your order fulfillment, you can also choose to show your available stock to your customers so that they can order only in-stock products.

All Products and their inventory in Primaseller will also be synced into QuickBooks so you are always up-to-date in your accounting books as well as operational books as to what is available for you to sell and what needs to be purchased.

Every time an invoice is synced from Primaseller into QuickBooks, the inventory in QuickBooks will also decrease.  Each time a purchase receipt is synced with QuickBooks, the inventory will correspondingly increase.

  • Procurement Planning

Back-to-Back ordering is critical to any Wholesale and Distribution business. You can now configure automated purchase ordering in Primaseller for your unfulfilled orders so that your suppliers can know your requirements without you ever checking your orders.

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Purchase Orders and their receipts are instantly synced with QuickBooks Online which means that the inventory in both Primaseller as well as QuickBooks will go up instantly. Your account payable accounts will be updated so you can track in QuickBooks all the amounts that are due by you to your suppliers.

  • Invoicing And Payments Sync Automation

With wholesale order management, the sooner you get paid for a consignment, the more working capital you have on hand. Retailers often have trouble tracking payments across multiple orders because in B2B sales, the practice of partial payments and credit is quite common.

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For example, one customer may have paid an advance while another asks for a three month credit. Not only is it very hard to keep track of who has paid what, it is also virtually impossible to determine which payout goes into which accounting month. The use of QuickBooks allows you to keep your accounting in order, track your payments and credit over time, generate and send invoices on time and track receipts and modes of payment.

Invoices syncing with QuickBooks will be allocated classes depending on which channel they belong to so that you can have better segmented reporting of your sales.

Primaseller, on the other hand, automatically feeds invoices and paid payments into your QuickBooks account. Thus, all of the payments received, stock levels, pending payouts, etc. are synchronized across both applications.

  • Incredible Amounts Of Time And Money Saved

With wholesale order management, the sooner you get paid for a consignment, the more working capital you have on hand. Retailers often have trouble tracking payments across multiple orders because in B2B sales, the practice of partial payments and credit is quite common.

Together, Primaseller and QuickBooks can help paint a very accurate picture of your business and its financial health. Primaseller’s reporting feature also lets you study each individual sales channel, B2B included, to identify sales patterns, pinpoint underperforming channels, understand payment cycles, etc. thus saving tremendous amounts of time and money and allowing you to focus on growing your business.

Check out all the capabilities of the Primaseller QuickBooks integration here.

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