If you want to avoid manual work and are looking for the perfect finance software for easy cash flow management – you have come to the right place. Synder mirrors the actual money flow in your accounting system, automates and simplifies the accounting by auto-recording live data into your books (Synder accounting, QuickBooks or Xero).
Having connected Payrix to your Accounting company, all your individual transactions along with all the information they contain (customer’s name, transaction amount, taxes, items, taxes, shipping and so on) will be automatically recorded in the Payrix Bank Account (a Clearing account that represents Payrix in your books), categorized and prepared for one-click reconciliation. Be sure that the software will recognize all payment details and record them in your accounting system to keep your Synder, QuickBooks or Xero reporting accurate and up-to-date in accounting terms.
Connect your Payrix to Synder and check out how precise, detailed, and easy accounting can be with its help!
Start the Payrix integration from scratch
1. Create a free trial account
If you are getting started with Synder you will need to create a free trial account and connect your accounting system first. Check out this guide if you would like to integrate QuickBooks Online or Xero and this article to connect your QuickBooks Desktop company.
2. Set up your Organization
The first step is going through the set-up process of an Organization for your Quickbooks or Xero company – just fill in the information about your business and hit the Next step button.
3. Select the platforms you would like to integrate
Now you need to select the platforms you would like to connect to Synder. Mark Synder accounting, QuickBooks or Xero, Payrix, and all other sales platforms you would like to integrate with Synder (click View all processors to see the list of all available platforms).
Note: Mark all the services you are using to receive payments, you will be able to connect all of them right away or skip the connection of particular integrations and set them up any time later.
4. Connect your accounting platform
Connect Synder accounting, QuickBooks Online or Xero company by clicking on the Connect button and grant permission to the software to record data in your QuickBooks or Xero company. If you are a QuickBooks Desktop user, check out this video tutorial to learn How to connect and sync data into QuickBooks Desktop.
5. Connect your Payrix account
Almost there! To complete the setup you just need to connect your Payrix and other sales platforms to Synder. You can integrate them one by one straight away following the steps on the screen: just hit the Connect button → grant permission to Synder.
You will be prompted to fill in your Business ID, API Username, and API password so as to let Synder see and synchronize your transactions.
You can find your Business ID in the Business Details section of your Payrix website.
Please, reach out to the Payrix support team to obtain the API Username and API password. Once you receive all the details needed – enter the data into the corresponding fields and continue the setup.
Alternatively, you can skip the connection and set them up later in the Settings: tap the Settings button on the left side menu → hit the Add payment platform button.
Note: You can find our detailed guides on how to connect your sales channels and payment providers to QuickBooks Online/Xero via Synder in our Help center.
6. Set up the Payrix integration
To complete the setup for the Payrix integration choose an account for payouts (usually, your Checking account) that will allow smooth reconciliation of your Payrix transactions in one click. Hit Continue to finish the configuration.
Connect Payrix to an already existing account
If you already have a Synder account and would like to integrate one more Payrix location follow the steps below:
- Switch to the needed Organization in the top-left corner of the Synder page.
- Navigate to Settings on the left-side menu.
- In the Payment platforms section and click Add payment platform.
4. Choose Payrix in the dropdown menu and hit the Connect button. You will be prompted to fill in yourBusiness ID, API Username, and API password so as to let Synder see and synchronize your transactions.
5. To complete the setup for the Payrix integration choose an account for payouts (usually, your Checking account) that will allow smooth reconciliation of your Payrix transactions in one click. Hit Continue to finish the configuration.
Tips and tricks on the Payrix integration
Note 1. Import and synchronization of transactions into the accounting platform will be performed only when the corresponding settlement (payout), which includes net summaries of transactions, is generated in Payrix.
Note 2. Synder records Payrix fees as separate Expense transactions and Payrix sales as Sales Receipts in your books.
Note 3: Check out our 3 Must-Watch beginner guides to find out how Synder can help you automate your bookkeeping.
That’s it, you’ve successfully connected your Payrix account to Synder, enjoy the ride! If you feel like some adjustments are necessary (e.g. you would like to change tax, item or customer configs), you can manage that in Synder settings. Open them on the left menu → hit the Configure button under your Payrix platform. If you need to fill in gaps with missing data after the sync into your QuickBooks Online, like applying classes or locations to transactions, the Smart Rules feature will be of great service. Now, you can customize your Synder according to your needs.
Get in touch with the Synder team via online support chat, phone, or email with any questions you might have so far – we are always happy to help you!