We started out the year by offering an easy way to support credit card payments through Stripe, multiple payment options, and access to these settings when raising an invoice. What else we’ve been up to this yearĪlready this year we’ve delivered more ways to help you get paid sooner through Xero invoicing. The result is a powerful, integrated invoicing solution – with Xero doing more of the heavy lifting so you can focus on delighting your customers and getting paid quickly.
#2017 paypal calculator update
All you have to do is update your settings in payment services.
#2017 paypal calculator upgrade
Just update your payment services settingsīest of all, the upgrade is free. Xero automatically matches PayPal payments and fees, ready for fast reconciliation. PayPal payments and fees matched ready to reconcile The fee is automatically coded to the account assigned to PayPal / Stripe fees – which you can easily set up and manage in the payment services settings. There’s a link to view the “spend money” transaction related to the fee, with the reference field displaying the corresponding payment ID from Stripe / PayPal. Not only is the payment recorded, but the fee is automatically recorded in the history and notes of the invoice. Xero also automatically manages the fees that PayPal and Stripe take for its services. PayPal & Stripe fees are managed automatically For example, if you send 100.00 USD from your personal credit card, the fee would be 3.20 USD (2.90 + 0.30). When sending money from the U.S., it costs 2.9 plus 0.30 USD of the amount you’re sending. You’ll see the confirmation of payment show up in two places: in the history and notes of the invoice and in the “receive money” transaction where the reference field automatically displays the corresponding payment ID from PayPal. However, most people send money from their personal banking account through PayPal, in which case a fee is charged. The payment is also reflected in Xero, so that that you no longer have to wonder about the status of your invoice.
Once the payment is complete, the online invoice updates to show that it’s been paid. With the improved PayPal integration, your customers can pay your invoice with a couple of clicks. Payments and fees are automatically matched against an invoice making reconciliation a breezeĬustomers pay and get immediate acknowledgement.PayPal & Stripe fees are automatically split out from payments and a spend money record is created.You’ll get a real-time update on the status of an invoice in Xero.A slick checkout experience for your customers with PayPal Express Checkout and online invoices marked as paid.Today, I’m excited to share details of our latest release, which delivers a beautiful payments experience for you and your customers using PayPal and Xero.
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