How to connect PayPal to Accounting Software

Looking desperately for an easy, quick, and reliable way to communicate your PayPal account with your QuickBooks or Xero company? You can stop the search now! The Synder accounting solution is here for you, providing an opportunity to sync smoothly your PayPal transactions and corresponding PayPal fees and PayPal taxes to the accounting software you […]

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Reconcile your checking bank account in Xero

In this guide you will learn how to reconcile Stripe/Shopify/Square/LawPay/Ecwid/Pin Payments transactions synchronized by Synder app to your Checking bank account in Xero company. There are two ways to do it: Automated way using Payouts feature (more accurate) Manual way (creating transfers manually from the Bank Feed) 1. Automated way using Payouts feature (more accurate) […]

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Customize Stripe settings (Xero integration)

Overview: General settings Sales Products/Services Taxes Fees Application Fees Payouts Having connected your accounting company – Xero and your Stripe account (and other payment processors if needed) to Synder financial app, you can start customizing your settings for your Stripe Xero integration.  To access ‘Settings’ for the particular payment processor – Stripe in our case […]

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Automatic Xero Bank Reconciliation feature

When Synder integrates the payment processor with Xero accounting it creates a clearing bank account for the temporary storage of synchronized transactions (the same way as the payment processor holds the money for some time before paying them out to your bank). Auto-reconciliation feature allows to mark all the synchronized income and expense transactions in […]

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Apply Tax on Fees in Xero

There are regulations in some countries that require you to pay taxes not only on sales but also on expenses and fees. Even if in your case the taxes on fees and expenses are zero-rated, proper accounting demands that they are recorded as such. Synder allows you to select the tax rate which should be […]

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