Last Updated:
November 11, 2024

Effortlessly Automate Your Financial Reconciliation with Seamless Syncing

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Efficient bookkeeping is crucial for seamless operations. This integration connects accounting software with a robust synchronization capability, automating the meticulous task of reconciliation. Generate accurate invoices for sales, fees, and refunds that align with bank deposits, facilitating a straightforward one-click reconciliation process. Profitability becomes transparent with the ability to send Cost of Goods Sold (COGS) invoices directly to accounting platforms, ensuring comprehensive financial insight. The app’s compatibility across all payment gateways simplifies ledger management; users can customize mappings, adjust invoice references, and efficiently sync inventory and contacts. Designed for merchants striving for precision, this solution not only saves time but also enhances the clarity of financial data. Embrace streamlined finance management and stay in control of every transaction with unparalleled ease.

Features

Automatically send orders to Xero and QuickBooks in real-time from all gateways and currencies
Assign custom ledger account mappings based on product types or country groups
Organize tax-inclusive and exclusive sales, refunds, gift cards, and fees accurately
Seamlessly sync stock, inventory, and contacts while applying advanced automations and deductions
Enjoy customizable ledger mappings and invoice references for tailored organization of financial data.

Benefits

Automate financial paperwork and streamline reconciliation, ensuring accurate invoices and bank deposits match effortlessly
Achieve a complete understanding of profitability with automated Cost of Goods Sold (COGS) invoices, enabling informed business decisions
Customize ledger mappings and invoice references for tailored organization, effortlessly sync inventory and contacts for up-to-date data snapshots

About the Vendor

MicroAngel
138 Tobago, Dollard-des-Ormeaux, QC, H9G 2X5, CA
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138 Tobago, Dollard-des-Ormeaux, QC, H9G 2X5, CA Map

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Pricing

From $9/month. Free trial available.
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9.00
MaximumΒ Price:
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99.00
All charges are billed in USD. Recurring and usage-based charges are billed every 30 days. Pricing may differ to that listed above, please check the link below for accurate and up to date pricing details.
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Owlfred Review

Hoot! I've got some insights about the Xero & QuickBooks Smart Sync app by MicroAngel. It's designed for Shopify store owners who are looking for a powerful and effective way to streamline their reconciliation process. This clever app lets you automatically sync orders, payout summaries, sales, refunds, taxes, fees, and almost everything else directly into Xero or QuickBooks, making your accounts more accurate and easier to manage. The integration generates precise invoices for sales, fees and such, and each invoice matches your bank deposits for one-click reconciliation. It goes onto help identify profitability with COGS invoices too which is a cool addition! Its features like automatic transmission of orders to Xero in real time, custom ledger account mappings based on product types or country groups, tax-inclusive/exclusive sales organization, and syncing inventory, contacts etc, make managing accounts a breeze for Shopify store owners. Although backend, it's had a tremendous reception with an average rating of 4.8 from 57 reviews, affirming its user-friendliness and robust capabilities. With a pricing that starts from $9/month along a 14-day free trial, it falls affordable for most. I find it to be a valuable asset for merchants wanting to simplify their finances, all in one neat package. Highly recommended!

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Frequently Asked Questions

How can Xero & QuickBooks Smart Sync aid in automated bank reconciliation?
Xero & QuickBooks Smart Sync leverages automation for bank reconciliation by synchronising transactions from your bank with your books. This makes it easier to reconcile transactions and maintain accuracy in your accounts.
How to batch reconcile transactions in Xero using Xero & QuickBooks Smart Sync?
With batches in Xero and QuickBooks Smart Sync, multiple transactions can be reconciled at once. Simply match the batch of payments and receipts to statement lines quickly and effectively saving time.
How often does Xero & QuickBooks Smart Sync sync with the bank?
The Xero & QuickBooks Smart Sync app provides real-time updates. This means, the app syncs with the bank whenever there are changes, ensuring you always have up-to-date financial data.
How do I reconcile in Xero without bank feeds using Xero & QuickBooks Smart Sync?
Even without bank feeds, reconciliation in Xero can be managed manually with Xero & QuickBooks Smart Sync. Just enter the transactions manually into Xero and then match them to the transactions recorded in your software.

Shopify App Comparison: Xero & QuickBooks Smart Sync vs Xero, QuickBooks or MYOB Sync - which is better?

We have compared two apps that are designed to automate and streamline financial processes for e-commerce businesses. Xero & QuickBooks Smart Sync offers a dedicated integration solution that automates the reconciliation process and ensures accurate matching of bank deposits and invoices. With customizable ledger mappings and invoice references, businesses can organize their financial data exactly the way they want it. The app also provides insights on profitability with automated Cost of Goods Sold (COGS) invoices, enabling informed business decisions. Overall, Xero & QuickBooks Smart Sync simplifies financial paperwork and reconciliation, offering a seamless and efficient solution for e-commerce businesses.

On the other hand, the Xero, QuickBooks, or MYOB Sync app focuses on synchronizing and streamlining order information from Shopify to various accounting platforms. This feature-rich app offers a highly intuitive design, with transactions like sales, refunds, fees, taxes, and gift cards automatically mapped to relevant accounts. It also has the capability to match transactions to Shopify payouts, making bank reconciliation a quick and simple process. This app minimizes the time spent on administrative tasks, such as data entry and reconciliation, freeing up valuable time for other strategic areas of a business.

While both apps offer automation and synchronization features, the Xero & QuickBooks Smart Sync app stands out with its specialized integration solution and advanced capabilities. The ability to customize ledger mappings and invoice references provides businesses with tailored organization of their financial data. Additionally, the automated Cost of Goods Sold (COGS) invoices offer valuable insights on profitability. Therefore, we recommend the Xero & QuickBooks Smart Sync app for e-commerce businesses looking for a comprehensive and efficient solution for financial management.

Attribute
Xero & QuickBooks Smart Sync Shopify AppXero & QuickBooks Smart Sync
Xero, QuickBooks or MYOB Sync Shopify AppXero, QuickBooks or MYOB Sync
Average Rating 4.9 out of 5 4.7 out of 5
Number of Reviews 75 11
Estimated Installs 0 0
Min Price $9.00 $0.00
Max Price $99.00 $49.00
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