This article explains how Moss automatically books transactions into QuickBooks and how to ensure your Moss Balance is fully reconciled.
Transaction Sync Logic
Moss simplifies your QuickBooks accounting integration by automatically syncing and reconciling your wallet transactions:
1. Moss Card Transactions
For each Moss card transaction:
Moss creates an expense in QuickBooks, mapped to the appropriate expense account.
This Expense is imported as paid from your Moss Balance Account.
This way Expenses are automatically reconciled against the payment.
2. Moss Wallet Payments
For each Moss Invoice or Reimbursement:
Moss creates a Bill in QuickBooks, mapped to the appropriate expense account.
If the expense was paid from your Moss Wallet when it’s synced into QuickBooks we create Bill Payment on your Moss Wallet account in QuickBooks. Bill and Bill payment are automatically reconciled.
If the expense is paid later, it will be posted as an unpaid Bill into QuickBooks first. Once it’s paid from your Moss Wallet, Moss will sync the corresponding Bill Payment and reconcile the bill automatically.
Wallet Top-Up and Credit Repayment Sync
When you top up your Moss Wallet or repay a credit line:
Moss posts a bank transaction from your Business Bank Account to your Moss Wallet Balance Account in QuickBooks.
The transaction appears as reconciled in the Moss Wallet account and reflects the bank transfer to your Moss Wallet.
Ongoing Reconciliation
Because all transactions posted by Moss into QuickBooks are already reconciled, your Moss Wallet account in QuickBooks always reflects the correct daily balance. No manual reconciliation is needed.