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Link My Books

linkmybooks.com
Summary

Link My Books is an accounting automation software designed for e-commerce businesses, accountants, and bookkeepers. It integrates with various sales channels and accounting platforms like Xero and QuickBooks to automate the reconciliation of sales, refunds, fees, and taxes. The platform provides financial analytics, COGS tracking, VAT grouping, and P&L by channel to help users understand their business performance and ensure tax compliance.

Features
5/19
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Must Have

1 of 5

Dashboard & Reporting

Payment Processing

Developer API Integration

Billing & Subscription Management

Fraud Detection

Other

4 of 14

Stripe Tax

Stripe Invoicing

Multi-Currency Support

Global Payment Methods

Stripe Connect

Stripe Issuing

Stripe Terminal

Stripe Treasury

Stripe Atlas

Stripe Capital

Stripe Sigma

Webhook Event System

Customer Portal

Identity Verification

Pricing
Tiered
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Based on usage

Custom
  • Auto-post settlements
  • Accurate VAT reporting
  • COGS tracking
  • Mixed VAT rate goods
  • Guided Tax Wizard
  • Payout reconciliation
  • Financial analytics
  • P&L by channel
  • Industry benchmarking
  • VAT audit
  • Varies based on plan selected
Rationale

Link My Books focuses on automating bookkeeping and financial reconciliation for e-commerce businesses, integrating with accounting software like Xero and QuickBooks. While it handles sales, refunds, fees, and taxes, and provides financial analytics, it does not directly offer payment processing, developer APIs for payment integration, or fraud detection as core services. Its primary function is to streamline the accounting aspect of e-commerce transactions, not to facilitate the transactions themselves. It does, however, offer features related to reporting, tax calculation, invoicing (through reconciliation summaries), and supports multiple currencies and sales channels which implies global payment methods.