With Wodify Payments, you can export an IIF file of your paid payout(s) in order to import the file into your existing QuickBooks Desktop account.
On the QuickBooks Desktop integration in Wodify, there will be two tabs on your Financial Payouts page: Not Exported and Exported.
You can leverage both tabs to manage your imports in QuickBooks like a ‘to-do’ list, making it simple to identify which payouts still need to be exported, and which payouts have already been exported.
Here’s how you can export your IIF File in Wodify:
- From Wodify Admin, go to Financial > Payouts
- Select the ‘Not Exported’ tab
- Check the box next to the desired payout
- Select Bulk Actions > Export QuickBooks IIF
Once you export a paid payout, it will automatically be tagged ‘Accounting Exported’ and will be listed on the ‘Exported’ tab in Wodify.
Once you’ve exported your IIF file, here’s how you can import this file into QuickBooks desktop.
Note: Why are payouts tagged? QuickBooks Desktop will not prevent you from importing the same IIF file more than once. Importing the same IIF file more than once will result in duplicate transactions. Use the 'Accounting Exported' tag, and your ‘Exported’ list to keep track of any exported payouts.