In today’s dynamic business landscape, it’s super important for businesses to manage finances efficiently. One key part of keeping your financial records accurate and showing your business’s true money situation is handling partially paid invoices properly. In this article, we’ll …
Category: Stripe
Synder: Stripe Connect Account Sync to Books
Overview:
- What is Stripe Connect?
- How Synder syncs Stripe Connect accounts to the accounting platform?
- How to reconcile Stripe Connect income in your books?
What is Stripe Connect?
Stripe Connect is a specialized payment solution developed by Stripe, explicitly designed …
Syncing Stripe Invoice Statuses with Synder
Synder is an innovative accounting solution that streamlines and automates syncing and transferring transactions from Stripe to your accounting software. Whether you are using QuickBooks Online/Desktop or Xero, Synder simplifies the import and reconciliation of your Stripe …
How to Reconcile Stripe Daily Summary in your accounting company Using Stripe Reports
In this article, we’ll focus on the process of reconciling a Stripe clearing account created by Synder in your accounting company and cover how to match Daily Summary totals to Stripe reports.
Overview:
…How to sync unpaid invoices from Stripe with Synder
Accounts Receivable is a vital aspect of a businesses’ fundamental analysis. Being a smart accounting software, Synder records all payment details once the purchase is made, and furthermore, it is a great help in managing AR in your books. With …
How to connect Stripe to Accounting Software
According to experienced business specialists the key to gain new customers is to cover more channels of communication with potential clients. Sales platforms such as Stripe, PayPal, Shopify and eBay provide your customers with an easy and convenient way 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:
…Customize Stripe settings (Xero integration)
Overview:
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 …
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 …