Sync Stripe with Xero
Bookkeeping for Stripe made easy. Connect
Stripe and Xero to transfer transactions
in real time.
Stripe and Xero to transfer transactions
in real time.
KEY features of stripe
Stripe is a popular online payment processor in 31 countries with 135 currencies.It is one of the easiest ways to have a single online payment gateway for global clients.
for global clients.
to additionally cover offline payment needs.
Pain points
Data transfer from Stripe to Xero takes
a long time.
a long time.
No possibility to select Stripe as a bank account.
Reconciliation issues.
the solution
By adding Stripe and Xero as BankFeeds integrations, you can import transaction details in real time. Once imported, they will be automatically recorded in the corresponding accounts, according to the bookkeeping rules you set.
How to synchronize the transactions from Stripe to Xero?
- Add Xero as an integration to your BankFeeds account. This will import your bookkeeping accounts.
- Set up Stripe integration in the Payment Processors tab and manually select the associated accounts for sales, fees, refunds, adjustments, disputes, payouts, and taxes. Make sure to be logged in to your Stripe account, as BankFeeds will redirect you there to confirm setup.
- Set up your accounting rules: select Xero accounts, types of transactions and tax rates. From now on, BankFeeds will automatically import your charges, refunds, fees, adjustments and payouts to the accounts you selected in real time.
| Stripe Account | Xero Account | |
|---|---|---|
| Date | Date | |
| Amount | Amount | |
| Currency | Currency | |
| Country | Country | |
| Description | Description | |
| Customer Name | Customer |