QuickBooks Integration
Enable PowerUpThe QuickBooks Integration PowerUp works identically to our Xero connector, bridging itemit's physical asset register with QuickBooks' accounting engine. Automatically push each asset's purchase price and current value into QuickBooks' fixed asset register so depreciation is calculated natively inside your accounting software. The integration also sends each asset's last-seen date to QuickBooks, providing your finance team with auditable verification that assets still exist and preventing overinflated balance sheets. When enabled, itemit's own depreciation can be turned off in favour of QuickBooks' native calculations.
The Problem
Managing asset values across itemit and QuickBooks manually leads to duplicated entries, reconciliation headaches, and balance sheets inflated by assets that may no longer exist.
The Solution
Automatically sync asset purchase prices and values into QuickBooks' fixed asset register so depreciation is handled natively, with last-seen verification to keep your books accurate.
In Action
A finance team adds a £8,500 server rack in itemit; the purchase price and last-verified date instantly appear in QuickBooks' fixed asset register, ready for depreciation scheduling.
Key Features
- Sync itemit asset values directly into QuickBooks' fixed asset register
- Map purchase price from itemit's Value section to QuickBooks automatically
- Push asset last-seen dates to QuickBooks for existence verification
- Optionally disable itemit depreciation in favour of QuickBooks' native engine
- Prevent inflated balance sheets with auditable proof-of-existence data
- Automatic draft fixed asset creation in QuickBooks when assets are added
- Two-way visibility between physical assets and accounting records
Preview
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