Re-Leased is designed to operate in conjunction with QuickBooks Online Accounting software.
Items that are managed in QBO:
- Tax types
- Chart of accounts
- Classes (tracking field)
Items that can be managed in both Re-Leased and QBO:
- Contacts (can only be archived or unarchived in QBO)
- Invoices (income invoices and bills)
- Credit notes (credit memos and vendor credits)
- Payments (can only reverse in QBO)
If you decide to use QBO Integration, your Re-Leased data will be integrated with the data in QBO and will be kept in sync with regular updates.
Your financial settings (i.e. your Accounts, Tax rates, etc.) will then be managed in QBO while your daily transactions (i.e. your Invoices and your Contacts) can be managed in both Re-Leased and QBO.
Once you are integrated with QBO, the items that are managed in QBO are no longer managed in Re-Leased.
The items that can be managed in both Re-Leased and QBO are passed between Re-Leased and QBO as part of our syncing processes. The only transactions which are shared are Invoices/Bills and Credit Notes. Re-Leased is an invoice based system, transactions processed using 'spend money' or 'receive money' in QBO are not shared between Re-Leased and QBO.
IMPORTANT NOTE: there is a 1:1 connection between each Re-Leased company and the corresponding QBO company. Once a Re-Leased company has been connected to a QBO company, it cannot be re-connected to any other QBO company.