QuickBooks Integration with Practice IQ

How to Properly Set Up QuickBooks Syncing

To set up QuickBooks syncing in Practice IQ, follow these simple steps:

1. Access QuickBooks Setup:

• Go to the Settings page.
• Click on the button to connect to QuickBooks.

2. Connect to Intuit:

• You will be redirected to the Intuit website.
• Enter your credentials to connect to the correct office, especially important for companies with multiple practices.

3. Initial Data Sync:

• The initial data sync will take about 10 minutes.
• You can set up accounts and expenses only after this first sync is completed.

4. Map Accounting Categories:

• Map the categories in Practice IQ to the accounting categories already set up in QuickBooks.

Important Mapping Categories

• Bank Accounts: Ensure all your bank accounts are mapped to reflect the business assets.
• Revenue: Map revenue from every income source, including patient refunds.
• Expenses:
  • On the left side, you'll see every account for payroll, supplies, services, facilities, etc.
  • This information is imported from QuickBooks along with the account type.
  • The mapped type and expense type are the categories used in Practice IQ.