“Accounting software aimed to automatically track business transactions and provide precise data reconciliation from Stripe, PayPal, Shopify, and other platforms in QuickBooks/Xero.”
When a business grows and expands, it becomes more complicated to keep a hold of business activities in online stores on Amazon, eBay or Shopify using various payment methods. So Synder is presented as a solution to free up to 12 hours per week, eliminate errors in Excel spreadsheets or manual accounting books, and get easier and safer payment reconciliation in your QuickBooks or Xero. Synder automatically records expenses, categorizes payments, reconciles and manages data from numerous business services connected to an e-commerce shop.
Synder:
Imports up-to-date transactions as well as historical data automatically;
Sets up reconciliation of books;
Connects sales platforms with payment gateways within a single interface;
Delivers comprehensive sales, tax, and other necessary reports.
Precise automatic bookkeeping
With Synder, transactions are accounted for, providing automatic synchronization and categorization from online payments and e-commerce platforms. It delivers reports for business analysis and tax filing with essential business information such as item and customer info, tax, shipping and processing fees, and locations. In addition, Synder Smart Rules helps configure the software for business needs. For example, if the user automatically applies digital product taxes based on location, all the relevant syncs will fall under the rule in the future.
Simple payment processing
Synder offers multiple online and credit card payment methods. Customers gain the ability to use different payment gateways, which can increase payment fulfillment. Synder Invoicing allows users to create and send invoices. With pay links, users can get paid by turning social media pages (e.g., Facebook, Instagram, etc.) into checkout pages with both one-time or recurring billings. As soon as payments are received, open invoices close. Ultimately, the vendor states users will always have data accurate, safe, and located in the right place in their books.
Live data reconciliation
With Synder, payments, expenses, and reimbursements will be automatically synchronized into an associated checking account.
Wide range of integrations
Synder integrates 16 e-commerce platforms and payment processors, such as QuickBooks, Xero, Shopify, Amazon, Stripe, Etsy, PayPal, eBay, WooCommerce, Square, Ecwid, Authorize.net, LawPay, GoCardless, IntegraPay, and Pin Payments. Users can synchronize platforms under one account within the same interface.
Suitable for both business owners and accountants
For business owners or accountants, Synder is designed to boost workflow. Business owners may use basic software features, such as receiving, processing, and managing online payments. Bookkeepers and accountants may discover more advanced options. For example, the Organizations section will let accountants manage more than one client in one infrastructure.
With the goal of driving accurate accounting for e-commerce businesses, Synder lets the user leverage granular categorization, comprehensive sales reports, manage taxes and inventory, create invoices, connects sales platforms and payment gateways within a single interface, and includes access to 24/7 support.