Case Study: Xero achieves seamless Shopify accounting automation with Synder

Xero automates Shopify accounting with Synder in 5 steps

The customer, Xero, a major accounting software platform, faced the common challenge for its merchants where Shopify's reported gross sales figures never matched the actual net deposits arriving in their bank feeds, creating a significant and time-consuming reconciliation gap. To solve this, they utilized Synder, an accounting automation app from the Xero App Store, to provide a seamless integration solution.

Synder implemented an automated API sync that connects Shopify to Xero, moving orders, fees, refunds, taxes, and payouts directly into the correct chart of accounts. The solution uses a clearing account structure to close the gap between gross and net values and offers both detailed and summary sync modes. This automation allows merchants to reconcile payouts with a few clicks, eliminates manual data entry and CSV exports, and provides accurate multi-currency conversion, saving users over 40 hours of manual bookkeeping per month.

Xero