The Quickbooks Interface Knowledge Base
Have Questions? Here are the answers! The Percentage app allows you to take your Cloudbeds PMS subscription to the next level with a full online accounting interface solution with Quickbooks!
Resources & Help for The Quickbooks Interface
The Percentage App by The Percentage Company, is a web-based application which summarises and posts the daily revenues, taxes and payments from your Cloudbeds MyfrontDesk account to your Quickbooks online account. Your revenues are summarised and posted to Quickbooks automatically each day after midnight, as a single journal entry to simplify your Cloudbeds Accounting setup.
NOTE: Before going further, please ensure that you are logged in to both your Cloudbeds myFrontdesk & Quickbooks online accounts in the same browser. Otherwise you'll be prompted to login during the process.
1. The Base currency for both Cloudbeds MyFrontDesk and your accounting system should be the same. However, if your accounting system uses different currencies please ensure that the GL accounts which you have mapped are in the same currency as Cloudbeds MyFrontDesk.
2. If you are starting a new Quickbooks account for an additional one time fee of 20 USD, we can provide you with a tried and tested Quickbooks import file containing a full recommended Chart of Account (COA) based on the Uniform System of Accounts for the Lodging Industry (USALI) to help get you started.
3. When creating Items & Services, Taxes & Fees and Payment types in Cloudbeds, please make sure that there are no additional spaces or extra characters before or after the name.
4. We do not currently support the posting of POS data via our interface. POS data should be posted to your accounting system via a separate interface.
5. We do not currently interface with the Quickbooks Zeropaper Edition or Quickbooks offline editions, only Quickbooks Online.
6. We recommend creating specific account receivable payment types (E.G. AR Agoda, AR Expedia, AR Booking.com) in Cloudbeds and in your accounting system to make it easier to produce reports and statements for open balances as well as to make reconciliation easier.
7. We recommend creating Items & Services, Taxes & Fees and Payment types in Cloudbeds with the same names and codes as your GL accounts in your accounting system to make the matching process easier.
Quickbooks Interface Setup Videos
How to Setup the Quickbooks Interface (Thai)
Setting up a new Quickbooks Account?
if you are starting a new Quickbooks account for an additional one time fee of $20 USD, we can provide you with a tried & tested Quickbooks import file containing a full recommended Chart of Account (COA) based on the Uniform System of Accounts for the Lodging Industry (USALI) to help get you started.Contact Us Here
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What to know more about The Percentage App?
Save time, save money & prevent mistakes with The Percentage App accounting interfaces & get more direct bookings with our Cloudbeds booking engine and upsell app! The Percentage App helps you to make the most of your Cloudbeds account. Have questions? Get in contact today!