Custom cash clearing account
If you're planning to apply cash payment recorded on Shopify to a custom cash clearing account connected to your Xero, you may set this bank account on the 'Custom Cash Clearing Account' option available in the app 'Invoice Preferences' section.
Once you select the account cash payments should be applied to, then Reconcile.ly will attempt to create a payment within Xero using that bank account against the order. This is handy if you are accepting cash payments on orders and would like to view the balance in Xero.
However, if you are applying these payments, ensure, when you are reconciling, that your match against the 'payment' created and not the invoice.
If you do not want payments to be applied, just make sure to keep the field set to 'Do Not Apply Cash Payments'.
Note: For your convenience, only Current Asset accounts are available for selection as cash clearing accounts. However, you may get in touch if you need to map to a different category of ledger accounts.
Once you select the account cash payments should be applied to, then Reconcile.ly will attempt to create a payment within Xero using that bank account against the order. This is handy if you are accepting cash payments on orders and would like to view the balance in Xero.
However, if you are applying these payments, ensure, when you are reconciling, that your match against the 'payment' created and not the invoice.
If you do not want payments to be applied, just make sure to keep the field set to 'Do Not Apply Cash Payments'.
Note: For your convenience, only Current Asset accounts are available for selection as cash clearing accounts. However, you may get in touch if you need to map to a different category of ledger accounts.
Updated on: 20/09/2022
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