Matching in Xero & batch payouts

New Member
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Hi, everyone:

 

Can anyone offer suggestions on the issue we have? We use Shopify Payments, which sends batch payouts: we have it set to daily payouts. We use Xero for accounting (and TradeGecko for inventory). This makes the process of matching (reconciling) TradeGecko invoices to Shopify payouts very tedious because we have to fish through the batch because there is not enough information and resolution in the batch for Xero to make a good guess at the match. If the Shopify order number came through with the batch, it would be much better, but since the batch has many orders, the Shopify order number is not used in the Reference field of the batch.

 

To describe it another way, those orders paid with PayPal are easy to match because the payout from PayPal is sent one per order. How can we get payouts to on each order instead of in a batch? Is there a different payment provider that might work better for us?

 

Thank you very much!

Ryan

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Shopify Partner
29 1 2

Hi Ryan,

We work on intergrating Shopify to Xero and QuickBooks through an app.

While the QuickBooks app is live and is used by many clients already, Xero app is under review and should be out later this month.

 

I have suggestions to answer to your questions and simplify your work. We can get you specific information related to a payout as well.

Each transaction of a payout and the fees for each.

 

Please email me at kumar@parextech.com and we can discuss more in email/phone.

Thank you.

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