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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How to connect Stripe to Xero

Step 1: Stripe Connection Whether you are setting up your account for the first time (photos #1, #2, #3) or adding another form of payment (start from the photo #4, then you will be redirected to #3) you can connect your Stripe account. Step 2: Authorization After pressing on Connect button you will be redirected […]

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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 Stripe settings (Xero integration)

Overview: General settings Sales Settings Products/Services Taxes settings Fees settings Payouts settings You have connected your Stripe account to your Xero, and this guide will give you some more details upon settings that can be customized in the app to tailor it to your needs. To access Settings, click Gear Icon on the top right […]

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How are the payment processing fees accounted for?

Once you sync the transaction from the payment processor into your accounting company the Sales Receipt (or Invoice + Payment) for the total amount of sale and the Expense for payment processor fees will be created on QuickBooks/Xero side.  To check the Expense created in your accounting company please follow the simple steps below: Press […]

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