A refund is a return of money initiated by the merchant (business). However, the customer can also initiate a money return. This is called a dispute. Here is the current flow for a dispute in Stripe (it can vary …
Category: Advanced Settings
Synder RevRec: Exclude monthly subscriptions from recognition
The guide on this topic is coming soon. In the meantime, please contact our support team at [email protected] for assistance.
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Synder RevRec: Refunds categorization and tracking
When there is a refund, depending on your business preferences you may want to either just decrease the revenue or report your gross revenue and refunds separately. The guide below will explain how to set Synder Revenue Recognition to track …
Synder RevRec: Plans and Discounts Mapping
Before you start syncing data from your Stripe with the Synder Revenue Recognition feature, you need to create mapping for Stripe prices. Synder displays product+price combinations ONLY if at least one of them is active in your Stripe.
If both …
How to Add a Second Shopify Store to Your Synder Account
Overview:
Cases it may cover
When you might need to connect two Shopify stores:
- You use one admin account for both stores. If both your stores are under one admin
Synder RevRec: Refunds processing options
Refunds can be completely excluded from the revenue recognition. If you need the invoices to keep being recognized till the end of the billing period and refunds to be subtracted from the revenue right away, Synder can be set up …
Synder RevRec: Getting started
Synder can completely automate revenue recognition for subscription-based businesses that manage their subscriptions in Stripe. You can learn more about the recognition flow in this guide.
Below are the setup steps you need to go through in order to …
Synder RevRec: Setting up SAAS revenue recognition with Synder
Revenue recognition in simple terms is the process of correctly allocating the money you receive to Income accounts once you actually earn it. Synder can completely automate the revenue recognition process for Stripe subscriptions into QuickBooks. The app uses the …
Revenue Recognition: Open Invoices Processing
In Revenue recognition, Synder can process open invoices in multiple ways. If you want to recognize open invoices and write the recognized revenue off as a bad debt if the invoice gets voided or uncollectible, Synder allows you to do …
Synder RevRec: Multicurrency
The overall idea of Revenue Recognition Multicurrency is that Synder RevRec should recognize the already converted amounts during the billing period.
Synder RevRec should have its own home currency. The home currency of the accounting platform (e.g. QBO), should be …