How to sync your transactions with Synder

Overview: Manual sync Autosync Rollback syncs Archive and Unarchive transactions Check Sync Details Manual sync Manually you can import as many old transactions from the payment system as needed (the time range of how far back you can go can vary based on your plan). To import transactions from the payment processor do the following: […]

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Reconcile your checking bank account in Xero

In this guide you will learn how to reconcile Stripe/Shopify/Square/LawPay/Ecwid/Pin Payments transactions synchronized by Synder app to your Checking bank account in Xero company. There are two ways to do it: Automated way using Payouts feature (more accurate) Manual way (creating transfers manually from the Bank Feed) 1. Automated way using Payouts feature (more accurate) […]

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Customize Square settings

Overview: General settings Sales Products/Services Taxes Fees Application fees Payouts Multicurrency If you connected your company and your account it is high time to customize your settings. You can always find them in the upper right corner of the app: Your Default settings will work for all transaction types from Square. Use “Create additional settings” option only […]

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Synder auto-reconciliation feature for Xero

When Synder integrates the payment processor with Xero accounting it creates a clearing bank account for temporary storage of synchronized transactions (same way as the payment processor holds the money for some time before paying them out to your bank). Auto-reconciliation feature allows to mark all the synchronized income and expense transactions in the clearing […]

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Apply Tax on Fees in Xero

There are regulations in some countries that require you to pay taxes not only on sales but also on expenses and fees. Even if in your case the taxes on fees and expenses are zero-rated, proper accounting demands that they are recorded as such. Synder allows you to select the tax rate which should be […]

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Can Synder sync transactions in multiple currencies to Xero?

The short answer is Yes. Synder will sync transactions in foreign currencies to separate clearing accounts in your Xero Chart of Accounts and then transfer the funds from each of them to a respective checking account. Here is what you need to do to enable and set up this feature. Please Note: Before you start setting […]

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