With Synder you are able to synchronize your GoCardless transactions (sales, fees, refunds) to a Synder, QuickBooks, QuickBooks Desktop or Xero accounting company for one-click reconciliation and detailed Profit and Loss. Any currency scheme on GoCardless is supported (as Synder supports …
Category: GoCardless
How to Reconcile GoCardless Transactions in Xero
Overview:
General Synder flow explained
Synder can supercharge your accounting and make reconciliation easier. Here is an outline of the reconciliation flow for the GoCardless integration.
…Reconcile your checking bank account in Xero
In this guide, you will learn how to reconcile your sales platforms transactions synchronized by Synder to your Checking bank account in Xero.
There are two ways to do it:
…Automatic Xero clearing account reconciliation.
When Synder integrates the payment processor with Xero accounting it creates a Clearing bank account (a so-called Holding account) for the temporary storage of synchronized transactions (the same way as the payment processor holds the money for some time before …