Overview
Xero Bridge by Parex automates your Shopify accounting, saving you time and reducing errors. It simplifies complex processes like creating journal entries for Cost of Goods Sold (COGS) and reconciling multi-currency transactions. Designed for Shopify merchants who need accurate and efficient accounting, Xero Bridge provides easy synchronization and reconciliation between your Shopify store and Xero accounting software, helping you maintain accurate financial records.
Key Features
- Income and balance: Provides accurate income and balance tracking, giving you a clear view of your business's financial health.
- Cash flow: Helps you monitor and manage your cash flow effectively, enabling better financial planning.
- Sales and refunds: Automatically records sales and refunds, ensuring your accounting is always up-to-date.
- Sales tax: Simplifies sales tax calculations and reporting, saving you time and reducing compliance risks.
- COGS tracking: Automates journal entries for COGS, providing accurate inventory valuation and profit margin analysis.
- Multi-store: Supports multiple Shopify stores, consolidating your accounting data in one place.
- Returns and exchanges: Manages returns and exchanges efficiently, keeping your inventory and financial records accurate.
Seamless Integrations
- Xero: Seamlessly integrates with Xero accounting software, automating data transfer and reconciliation.
- Accounting: Designed for accounting workflows, ensuring accurate financial reporting and compliance.
- QuickBooks: While primarily designed for Xero, its accounting foundation makes data export and transition to QuickBooks simpler if needed.
- Finance: Provides financial data for better decision-making and business insights.
