Sync Your Inventory and Financial Data the Right Way ⚙️📘
In this guide, we’ll walk you through how to configure your QuickBooks Online account settings in Ply. Setting up these accounts correctly ensures your inventory, income, and expenses flow seamlessly between Ply and QuickBooks, keeping your records consistent and accurate.
When you connect QuickBooks, you’ll map a few key accounts so Ply knows where to send each type of transaction. You’ll choose from accounts that already exist in your QuickBooks Chart of Accounts.
To access this setup or make changes at any time, go to Settings → Integrations in Ply.
🧾 Where You’ll Set This Up
Once your QuickBooks account is connected, you’ll land on the Accounting Settings screen.
Here, you can:
- Choose a warehouse to sync your data from
- Optionally set materials to always default to that warehouse - Heads up — if you don’t have this enabled, the materials will go straight to the catalog instead of a warehouse.
- Map the four key QuickBooks accounts used for inventory tracking and purchasing workflows
The accounts shown in Ply come directly from your QuickBooks account.
1. Inventory Asset Account
Tracks the total value of your on-hand inventory. This is an asset account in QuickBooks and appears on your balance sheet.
- Purpose: Tracks how much your current inventory is worth
- QuickBooks Account Type: Other Current Asset
- Subtype: Inventory
✅ Used when materials are received or adjusted in stock.
2. Income Account
Tracks revenue when items are sold. This account appears on your profit and loss statement in QuickBooks.
- Purpose: Records income from sales of inventory items
- QuickBooks Account Type: Income
- Subtype: SalesOfProductIncome
✅ Used to track product sales revenue coming from Ply.
3. Accounts Payable (A/P) Account
Tracks money your business owes to vendors when purchase orders become bills. This is a liability account in QuickBooks.
- Purpose: Manages outstanding vendor payments once a bill is created
- QuickBooks Account Type: Accounts Payable
- Subtype: AccountsPayable
✅ This account is used only when a Purchase Order is converted into a Bill in QuickBooks.
4. Expense Account (Cost of Goods Sold)
Tracks the cost of items you sell — often referred to as COGS. This account shows up as an expense in your profit and loss report.
- Purpose: Records the cost of purchasing or producing items that have been sold
- QuickBooks Account Type: Cost of Goods Sold
- Subtype: SuppliesMaterialsCogs (or another suitable COGS subtype)
✅ Used to calculate your gross margin and profitability.
✅ Quick Reference Table
Ply Field | QuickBooks Account Type | Subtype | Purpose |
Inventory Asset Account | Other Current Asset | Inventory | Tracks value of on-hand inventory |
Income Account | Income | SalesOfProductIncome | Records sales revenue from inventory items |
Accounts Payable (A/P) | Accounts Payable | AccountsPayable | Tracks vendor bills and payables |
Expense Account (COGS) | Cost of Goods Sold | SuppliesMaterialsCogs | Tracks cost of sold inventory |
💡 Best Practices
- Review your Chart of Accounts in QuickBooks before setup so you know exactly which accounts to link
- If you’re unsure which account to select, check with your accountant or bookkeeper
- You can update these settings at any time by going to Settings → Integrations in Ply
Have questions about your setup or need a hand? Don’t hesitate to reach out to support@getply.com — we’ve got you covered.