In this guide, you will learn how to reconcile Stripe transactions synchronized by Synder app in your QuickBooks Desktop company.

The app will put all the sales and fees to Stripe Bank Account (it is a clearing account which can be automatically created by the app in the Chart of Accounts). Once your real Stripe withdraws the money to the bank, Synder will synchronize this Payout and the Transfer will be created from Stripe Bank Account to your Checking account. Having the Transfer in QuickBooks Desktop you will be able to do a one-click reconciliation. See the steps below for more details:

1) First please import and sync transactions you want to reconcile and the money depositing transaction (Payout). Make sure you have PayOuts enabled in Synder settings before importing transactions.

import Stripe data into QuickBooks Desktop by Synder


2) Then please go to Bank feeds center in your QuickBooks Desktop company (Banking->Bank Feeds->Bank Feeds Center) and press Transaction List button.

import Stripe into QuickBooks Desktop to reconcile transactions in QuickBooks


3) There you will see your Payout (Money Depositing) recognized by the app in the yellow line. Please press Confirm Match button.

Payout (Money Depositing) recognized - reconcile Stripe in QuickBooks Desktop


4) In transaction list please press yellow line with Added/Approved.

Approve Stripe transactions to record it into QUickBooks and go to Reconcile center

After recording this transaction go to Reconcile center. Tick the line with Transfer you want to reconcile and press Reconcile now.

Note: The balance of the clearing account should be equal to the current balance of your actual Stripe.

 Congratulations, now you know how to reconcile your checking account in one click with Synder app!

BACK TO SYNDER 


Was this article helpful?
YesNo

Leave a Reply

Your email address will not be published. Required fields are marked *