Syncing Transaction Fees with Xero

MyWorks Sync can support syncing transaction fees for any WooCommerce gateway that records them in the WooCommerce order. Stripe and PayPal are both well-known for doing an excellent job recording transaction fees in the WooCommerce Order.

When a WooCommerce gateway correctly records this data in a WooCommerce order, the order can look like this example below:

Syncing_Transaction_Fees_with_Xero.png

As long as your payment gateway stores transaction fees in the WooCommerce order, MyWorks can sync these transaction fees to Xero as a Negative Line Item within the order, and this can be enabled at MyWorks Sync > Map > Payment Method in our sync on your site.

 

  1. Visit MyWorks Sync > Map > Payment Methods.
  2. Turn ON the setting to Sync Transaction Fees as a negative line item, and choose a line item in Xero that should be used for this line (this should not be an inventory item): 
    Markup_2023-03-14_at_13.19.49_copy.png
  3. Once enabled, it will sync into Xero with the transaction fee as a negative line item, as shown here:

    Syncing_Transaction_Fees_with_Xero_synced_order.png

 

 

 

 

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