Xero has announced a new integration with Stripe for its 1-million+ small business subscribers. For Stripe merchants, the reconciliation functionality means Xero matches any Stripe payments that come through your bank feed so they can be easily reconciled with just a click.
For Stripe merchants, the reconciliation functionality means Xero matches any Stripe payments that come through your bank feed. All the transactions in Xero are tied to the Stripe statement line and will be automatically matched so they can be easily reconciled with just a click. Xero will automatically match multiple transactions to a statement line and identify payments and fees associated with their corresponding Stripe payout. Transactions will still be identified and be brought back as a partial match if there are any differences in the Stripe and Xero total.