It’s no secret that being a business owner means constantly juggling many tasks at once. If you or your accountant records your business transactions in Xero or QuickBooks manually, human error is almost unavoidable. Errors in individual transactions lead to …
Category: Lightspeed
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 …
Can Synder sync transactions in multiple currencies to Xero?
The answer is Yes. Synder will sync transactions in foreign currencies to a clearing account in your Xero Chart of Accounts and then transfer the funds to your checking account. The setup for all transactions to be put into one …
How to connect Ecwid store to QuickBooks
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