Reason Synder allows synchronization of Square payments only when orders have a completed status in Square. If an order has an open status, it’s imported to Synder and stays there in a pending status. This is because a pending order can be updated or even deleted in Square, and we need to make sure that […]
Category: Square
Itâs Gift Cards Time: How to Account for Gift Card Sales Using Synder
What Is a Gift Card and How Do People Account for Them? A gift card is a useful tool to boost your sales but there are quite a few misconceptions about how to account for them. The most intuitive way would be to register those as your income – like all other products for which […]
How to Ńonnect Square to Accounting Software
If there is one problem that most small businesses have, it is that they need to record and account for all their ongoing transactions, but the accounting part of the business seems pretty challenging and time-consuming and entrepreneurs have plenty of other things to worry about. Synder bookkeeping automation solution provides a smart accounting integration […]
Reconcile Square payments in QuickBooks
What are the steps necessary to reconcile a bank statement? Why is it important to reconcile your bank statements? Find the answers in this helpful article! Overview: Reconciliation process by Synder Synchronizing Square payments How to reconcile Square payments in QuickBooks In this guide, you can find out how to reconcile Square in QuickBooks with […]
Customize settings for Square accounting integration
Overview: Where to find the settings for your Square integration âš Default settings for different Square transactions How to adjust your Square integration settings Where to find the settings for your Square integration Square sales Square products and services Square taxes Square fees Application fees Square payouts Multicurrency transactions After you connect Square online store […]
Synder product/service settings explained
Overview: Assigning transactions to existing accounting company’s products Auto-creating of products Applying a common product name to all transactions Parsing product information from Charge description (Stripe only) Product mapping Synder helps to categorize transactions in your accounting platform. The software is able to get the name/sku of a product used in the transaction from the payment […]
Why do you need payouts enabled?
In order to simplify the reconciliation process in QuickBooks, we have introduced the Payouts feature available to any payment processor connected. Enabling Payout synchronization in Synder allows you to automate syncing data for the payments you receive and the withdrawals you make from it into your checking account. Select your checking account in Payout settings of Synder to get […]
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 sync your refunds with Synder
All businesses face processing refunds or chargebacks at some point. Likewise your sales transactions, with the help of Synder you can sync also your refunds and chargebacks using Stripe, Square, PayPal, etc. Overview: How to sync your refunds Where you can find the synced refunds on QuickBooks side How to sync your refunds Login Synder […]
How to account for Square cash transactions?
Once you sync a cash transaction from the payment processor into your accounting company with the help of Square QuickBooks integration, the Sales Receipt for the total amount of the sale will be created on the Synder accounting/QuickBooks/Xero side. The Sales Receipt is deposited into a clearing account called Square (required for Synder) and is […]