PayPal Integration for QuickBooks Online

We just released a beta version of a really cool new feature. We’ve integrated PayPal with QuickBooks Online in what we call our “PayPal Automation” feature. Here’s how it works.

OE Companion now has the ability to receive PayPal Instant Payment Notifications (IPNs) on your behalf and process them according to your instructions. You simply enable the IPN feature in your PayPal account and instruct them to send the notifications to us. Then fill out a quick form in OE Companion to tell us how to process them.

That’s it! Your PayPal account is now linked with your QuickBooks Online account. For example, now when you receive a PayPal payment, OE Companion can automatically generate a sales receipt and post it to QuickBooks Online. Even better, if you track inventory in OE Companion, the software can automatically update your inventory counts as PayPal payments come through. Think about that. No more manual data entry or manually importing transactions. Set it up and forget it!

As with all our new features, we’ve introduced PayPal automation in a “beta” phase, which means we need you to try it and give us lots of feedback on how it works. We’ve tested it internally, and we know it works pretty well. Now we need your help to polish it and take it from good to great.

If you’d like to try out our PayPal integration with QuickBooks Online, go to the “Admin” menu in your account and enable it. Or if you don’t have an account, sign up for a free trial today.

Inventory and Purchase Order features are done!

A couple of hours ago I finished coding the Inventory module of OE Companion. Certainly there is still some polishing to do, but all the major functions work. Here are some of the key things you can do:

• Track inventory items and assemblies
• Issue purchase orders and track shipments
• Create sales orders and convert them to QuickBooks Online invoices
• Value inventory using weighted average, FIFO, or LIFO methods
• Receive automated email or SMS alerts when inventory gets low
• Automatically update inventory counts from QBOE invoices and sales receipts

The most important feature of all is the deep integration with QuickBooks Online. That was the primary design goal of the software.

So what's next? Soon I will release a beta version of the inventory module with the features above. If you are interested, please sign up to be a beta tester. The major work left to do is to set up the infrastructure required to support the beta test. I need to provision a server, enable user sign-ups, create documentation, etc. I don't have an exact date yet, but it should not be more than a few weeks from now.

For those of you waiting on the other features (PayPal integration, data import, etc.), those will be rolling out over the next few months.