Connecting Wise-Sync to QuickBooks Online

In this video we will look at this process to link Wise-Sync to your QuickBooks Online accounting package. 

Add Wise-Sync > Company and Connect QuickBooks Online  

1. Navigate to Wise-Sync > Select “Companies” from top right-hand corner of screen 
2. Select “Add Company” 
3. Connect to QuickBooks Online account and click accept 

Configure Wise-Sync > Company settings 

Complete the following settings under Wise-Sync > Company 

1. Company  
   • Locale = Location of business 
   • Company Name = Name of business
2. Time Zone  
   • Update to Time Zone of ConnectWise PSA server (eg EST) 
3. Tax Codes 
   • Recommended settings but can differ based on location and tax requirements. 
   • Tax code when sold 
     • Tax Group = will use tax code from PSA Invoice 
   • Tax code when bought 
     • Tax Code (Vendor) = Vendor’s Tax Code 
   • Tax exempt when sold  
     • Out of scope (USA) 
4. Click “Create” from bottom right corner to create in new Company  

Then, return to complete setup Select > Company > Company from list 

5. GL Owner Levels 
   • Click the plus sign next to the locations (from PSA) that should be synced to QuickBooks Online 
6. Adjustment Items & Rounding Items 
   • Set sales and purchase accounts for penny discrepancies between ConnectWise PSA and QuickBooks Online.  
   • If no specific account for rounding, use miscellaneous income and cost accounts.   
7. Invoice Options 
   • Service Invoice Detail Level = Service or Detailed 
8. Click “Save” from bottom right corner  

There are other settings under Company but these are not required to sync Invoices and Payments. 

• Getting Started
• Adding Account Numbers
• Connecting Wise-Sync to PSA
• Connecting Wise-Sync to QBO
• PSA Updates for syncing with Wise-Sync
• Syncing to QBO with Wise-Sync