While using Pin Payments Xero integration, sometimes Synder will skip the synchronization of payments and create Receive money and Spend money only for a surcharge (Pin Payments fee for processing payments). Such a transaction will be marked as Synced with warnings which is totally correct behavior of the app. Let’s figure out when and why does it happen? […]
Category: Pin Payments
How to connect Pin Payments to Xero
Overview: Start connection from the scratch Connect Stripe to already existing account One-click setup (preferred) Start connection from the scratch If this is your first integration with Synder you would need to connect your Xero company first. There are 2 ways you can log into the app so 2 ways Xero can be connected to […]
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: Automated way using Payouts feature (more accurate) Manual way (creating transfers manually from the Bank Feed) 1. Automated way using Payouts feature (more accurate) 1) […]
Reconcile Pin Payments transactions in Xero
In this guide, you will find out how to reconcile Pin Payments transactions in your Xero Checking account in just a few clicks using the Payouts feature in Synder. Overview: How to sync your Pin Payments Payouts to Xero How to quickly reconcile Pin Payments transactions in your Xero Checking account Useful tips on reconciling […]
Customize Pin Payments Settings
Overview: General settings Sales Products/Services Taxes Fees Payouts This guide will give you some more details upon settings of your Pin Payments Xero integration that can be customized in the app to tailor it to your needs. To access Settings after the connection, click Gear Icon on the top right corner of the app. 1 […]
How Synder works with Billpower for Pin Payments?
Synder has a special mechanism to avoid the duplications that might be caused by Billpower integration with Xero. To start from the scratch Billpower is an invoicing tool which may be integrated with Pin Payments payment provider. Invoices from Billpower are automatically recorded into Xero, and as the payment has been processed through the Pin […]
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 paying them out to your bank). Auto-reconciliation feature allows to mark all the synchronized income […]
How to connect Pin Payments to Accounting Software
Accounting professionals recommend reconciling your bank account balance with bookkeeping records at least once a month – in order to identify any discrepancies in time to fix them. Many business owners rarely see a desired zero balance when attempting to perform bank reconciliation, spending countless hours processing their incoming and outgoing transactions in their Pin […]
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 account is ready by default, so there is no need to do anything besides synchronizing […]