Synder marks Amazon fees with a pending status until a settlement report is processed, in other words, until a payout associated with these transactions is made. Once a payout is processed, the system adjusts the correct fee amounts to these transactions and prepares them for synchronization (eventually, you’ll see them with a ready to sync […]
Category: Amazon
How taxes withheld by Amazon, eBay, and PayPal are processed with Synder
What Is Withheld Tax? Marketplace Facilitator Tax is a tax collected and remitted by Amazon, eBay, Etsy or PayPal on your behalf, due to agreements with the specific states in the USA or other countries (Canada, etc.) The trading platforms have been making agreements with states to collect and remit taxes on your behalf, thus […]
How to connect Amazon to Accounting Software
This guide will teach you how to integrate Amazon with your accounting system (connect Amazon to Synder accounting, QuickBooks or Xero). Learn more about QuickBooks Amazon integration. Once you set it up (don’t worry, it is pretty quick and straightforward), Synder will funnel the data from your Amazon account with all the detailed customer, item, […]
Synchronize Multicurrency Transactions in QuickBooks Correctly
Automatically synchronize your foreign currency transactions in QuickBooks with the help of Synder. Depending on your setup, Synder will create transactions in the original foreign currency in QuickBooks or convert them to your home currency according to the exchange rate provided by your payment processor directly in your QuickBooks multicurrency wallet. Thus, the software will […]
How to connect QuickBooks Online and Xero to Synder
Having accurate and neat books is very important for a business to thrive and flourish. With a great amount of data and a fast-moving world, it’s essential to put all the sales info into your accounting company quickly and safely. Looking for an easy, fast and reliable way to sync your data smoothly between your […]