Amazon (AMZN.US) announced on Monday that it will collaborate with the software company Intuit (INTU.US) to introduce online accounting tools to its vast seller network in mid-next year, allowing millions of third-party sellers to import their expenses, inventory, and tax data into Intuit QuickBooks through the new integration.
The two companies stated that Intuit QuickBooks will be available on the Amazon Seller Central, which is the platform sellers use to manage their Amazon business. Eligible sellers can also obtain loans through QuickBooks Capital.