The connection to plan
Streamline financial data flows, bank reconciliation, payment matching, and revenue recognition across your systems.
Payment providerERP
Payment provider to ERP: Payments, refunds and fees
Payment provider to ERP: Settlement references and totals
- Data ownership
- The payment provider supplies transaction references. The ERP owns the accounting treatment.
- Checks before go-live
- Reconcile gross payments, refunds and fees to each settlement; flag unmatched transactions for review.
Xero
Bank feeds, invoices, and journal entries synced between Xero and your ERP or ecommerce platform.
MYOB
Financial data flowing between MYOB and your operational systems for streamlined accounting.
Stripe
Payment data, refunds, and settlement reconciliation automated between Stripe and your ERP.
PayPal
Transaction data and settlement reconciliation synced from PayPal to your financial systems.
A complete handover
The scope should cover mappings, schedules, validation evidence and the operating procedure. Agree who can change the connection, who receives an alert and how the business confirms that recovered records are correct.