How to connect Paypal to QuickBooks Online

Whether you have just connected your company (see photo #1), or you are adding an additional payment system (see photo #2) you will be redirected to Step 2. To get here click on My Profile in the upper right corner and go to Account. Now you can connect your PayPal By pressing on the “Connect” […]

Learn More

Reconcile PayPal transactions in QuickBooks Online

Summary:  Synder setup  Sync your payments and Payouts QuickBooks Flow  Our customers have found that the most accurate way to record all PayPal sales, fees, expenses, and refunds is to sync everything into a “clearing” account in QuickBooks Chart of Accounts. The app will create a “PayPal Bank Account” and once your PayPal withdraws money […]

Learn More

Customize PayPal settings

Overview: General settings Sales Products/Services Taxes Fees Expenses  Payouts Multicurrency Having connected your company and your accounts, you can start customizing your settings. You can always find them by clicking the “Gear” button in the upper right corner of the app: General Synchronize Automatically – when “ON”, the system will automatically synchronize transactions that come into […]

Learn More

Synder product/service settings explained

Overview of Product matching in Synder: Overview: Assigning transactions to existing QuickBooks Online products. Auto-creating of products. Applying a generic product name to all transactions Parsing product information from Charge description (Stripe only). Our app is able to get the name of a product used in the transaction from the payment system and will assign that transaction to […]

Learn More

Synder: payouts feature

In order to simplify the reconciliation process in QuickBooks, we have introduced the Payouts feature available to Stripe, PayPal and Square users. Enabling Payout synchronization in Synder allows you to automate syncing data for the payments you receive and the withdrawals you make from it into your checking account. Select your checking account in Payout settings of Synder to […]

Learn More

How to apply taxes to any sales transactions

Apply taxes to any Sales transactions in QuickBooks for your Stripe or PayPal data while syncing data by Synder. Overview: Tax applied for Non-US companies Tax applied for US companies with no Automated Taxation System 1. Non-US QuickBooks companies Due to Generic Tax Code feature, the app will be able to apply tax rate you specify […]

Learn More

How to sync transactions in multi-currency

In order to set up the synchronization for different currencies, set up Sales, Fees, and Expenses for each of them using our newly introduced custom feature. Overview: Creating accounts in QuickBooks Sales in multicurrency Fees in multicurrency Expenses in multicurrency Payouts in multicurrency Synder differentiates between your home currency (based on your company settings) and foreign currencies. Creating accounts […]

Learn More

How to sync your chargebacks and refunds with Synder

All businesses face the processing refunds or chargebacks at some point. Likewise your sales transactions, with the help of Synder you can sync also your refunds and chargebacks using Stripe, Square and PayPal.   Overview: How to sync your refunds How to sync chargebacks Where you can see the results on QuickBooks side 1. How to […]

Learn More

Categorize PayPal expenses in QuickBooks Online with Synder

Overview: How to categorize PayPal Expenses in QuickBooks Online Example of the categorization rule for expenses 1. How to categorize PayPal Expenses in QuickBooks Online   We have introduced Synder rules to help you categorize your expenses to different account. Using this tool you will be able to categorize your PayPal expenses in QuickBooks Online automatically, […]

Learn More

Using your PayPal as a Bank Account

It is not a piece of news that PayPal is now much more than just a payment processor, for some people it can replace actual Bank Account.   Usually, in order to account for PayPal transactions, you are to create a bank type account for them in your QuickBooks and enter your PayPal sales and […]

Learn More