Connect your platforms in use and accounting software.
Import years of historical data and start recording ongoing transactions.
Enjoy clean books and best-in-class reconciliation.
Seamlessly transfer data to QuickBooks Online/Desktop or Xero, ensuring complete and detailed information in your accounting.
Sync fees across platforms into your accounting system, seeing how much you spend per platform, and collect tax info smoothly.
Track income by subscriptions or payment methods to gain a complete cash flow view, identify top-earning subscriptions, and determine optimal upselling times to boost ARR.
Automate your accounting and back-office processes with precise income and expense categorization to effortlessly reconcile with a few clicks.
Synder auto-applies payments from platforms to open invoices in accounting systems. Bonus for Stripe users: sync open invoices for accrual accounting.
Import years of historical SaaS data into your books. Roll back if you don’t like the results with no trace in your accounting and resync with the correct settings.
Easily sync all saas transactions with the level of details you need to your accounting software.
Recognize and account for subscriptions and ecommerce transactions correctly with Synder RevRec.
Join our Weekly Public Demo to discover how to achieve precise records with organized, detailed data, and simplify your reconciliation process.
Book a slotSynder is SOC2, GDPR, HIPAA, and CCPA compliant. We employ all industry encryption standards and regularly conduct independent PEN testing.
We integrate with 25+ platforms to provide you with actionable insights in just a few clicks.
Explore all integrationsChoose the plan that suits your business needs best.
Professional
Up to 1,000 orders / month
$99/ mo
Start 15-day trialGrowth
Up to 10,000 orders / month
$499/ mo
Start 15-day trialPremium
10,000+ orders / month
Talk to salesProfessional
Up to 1,000 orders / month
$79/ mo
Billed yearly
Start 15-day trialGrowth
Up to 10,000 orders / month
$399/ mo
Billed yearly
Start 15-day trialPremium
10,000+ orders / month
Talk to salesConnect 3+ clients and become eligible to join the exclusive Partner Program with special perks, including discounts and possibilities to gain exposure and new clients.
Learn more"This software is a game changer. After weeks of exhaustive search for the right software to sync our Amazon and WooCommerce transactions with Stripe, wrestle these into accounting, and have one source of truth to analyze the data from my multiple platforms to align my business strategy, I’ve finally found Synder! With the help of their support guys I customized it for my business needs and finally automated my accounting. Now I can focus on my company's revenue growth."
Synder is an accounting automation software designed to simplify the bookkeeping process for ecommerce and SaaS businesses. It integrates with various platforms such as Stripe, PayPal, Square, and others to automatically import and categorize transactions. Synder software helps businesses in synchronizing their sales, fees, and expenses directly into accounting software like QuickBooks Online/Desktop or Xero, and gives customers access to other useful accounting features. This ensures accurate and consistent records, making reconciliation and financial reporting more straightforward. Synder offers transparent pricing and comprehensive plans for businesses of various sizes.
Our SaaS clients rely on Synder to oversee their financial data management. Our accounting solution provides insights into cash on hand current subscription sales. With features that empower decision-making and ease revenue recognition, Synder Sync is a perfect tool for any software company—whether you're just starting out and conquering the market with one solution/service, or have been in the game for years and offer multiple SaaS products to your clients. This bookkeeping software streamlines selling your software to both businesses and individuals. On a similar note, you can also use Synder Insights to track your company’s performance in terms of sales, products and customers. The tool gathers your multi-channel data in one place and provides actionable analytics in the form of KPI reports. With Synder, you can not only manage your multi-source accounting, but also identify areas of improvement and trends to streamline your SaaS. Get an all-in-one solution to grow and scale your business!
Synder currently supports data syncing for over 25 platforms, and we're constantly growing our list. Many of our added integrations come from user suggestions. If you can't find the integration you need, please let us know. It could already be on our roadmap, or we might consider adding it based on your feedback.
We get it—diving into new accounting software can feel overwhelming. But, that's what we're here for! Our highly-rated support team is on standby to assist with onboarding, custom automated categorization, or any new integration to ensure smooth account management. Depending on your chosen plan, there are multiple ways to reach out to us. If you haven't joined us yet but are curious about Synder's capabilities for your SaaS business, register for a Weekly Public Demo. Our specialists will gladly walk you through all the benefits Synder software has to offer to SaaS and provide you with all the necessary information.
First of all, for SaaS companies, revenue comes mainly from a subscription model and there’ll be different ways that revenue recognition is handled. Second, the cost of goods sold for SaaS companies will typically be calculated differently than the way it is for other companies. Although there’s not one specific way in which COGS needs to be calculated for a SaaS business, it’s still an important factor in determining gross margin. While each company needs to figure out their own specific expenses that’ll go into their COGS, some things that may be applicable are: hosting costs, developer fees and salaries, customer success/help desk, and other salaries that are directly related to the software. If you’re trying to figure out the right way to calculate COGS for your SaaS, we recommend talking it over with your accountant and picking the right accounting solution to help you all the way through.
With SaaS revenue recognition, it’s important that business revenue is recognized when income is realized and earned, not when cash is received by the business. Most SaaS businesses will recognize revenue using the accrual accounting method (typically each month), which is different from the cash method. The management of your accounting and bookkeeping is best done by a professional bookkeeper or accountant who understands the unique financial needs of a SaaS business and can leverage your accounting solution right, and help you during the tax season as well as throughout the year.
We always recommend that every SaaS company have an accountant and/or bookkeeper who can ensure your cloud-based accounting is done right and advice on key decisions affecting their finances. You’ve got several options available. You can either hire someone to work full time or part time in your business, or you can outsource your accounting to a CPA firm/accounting services firm. Either way, you’ll want to make sure you’re working with someone who understands the financial metrics and software subscription model of your business so that the management of your accounting is done correctly. There are also certain tax rules that your accountant or bookkeeper can check compliance to for accurate reporting of your revenue. Additionally, your accountant can ensure that your accounting SaaS software solutions are set up properly. Some accountants offer CAS services as well, which can be helpful for businesses that want to scale.
SaaS companies will typically be most concerned with the forms of subscription management revenue recognition. These are: monthly recurring revenue (recurring cash coming in on a monthly basis), also known as MRR and annual recurring revenue (recurring cash for the entire year), also known as ARR. These numbers will help SaaS companies forecast future revenue, and make important business decisions for both revenue and other metrics. Calculate MRR by looking at the money received for subscriptions, any upgrades or downgrades customers make, churn (which is when someone cancels an account, resulting in a loss of revenue), and also any discounts offered. By keeping an eye on these metrics, you can better control the performance of your SaaS business.