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It will take you 2 minutes to get set up. From then on you'll never have to think about it again. Stripe or Pin Payments transactions, refunds and fees will magically appear in your Xero account every day.
Does manipulating data manually drive you crazy? Us too. Ditch this painful task forever and get back to working on things that actually matter.
With the data Silver Siphon pulls in, Xero will automatically match invoices. Reconciling them is as easy as clicking one button. We'll even roll up fees into a single item each day to make that easier too.
There we were, setting up a new payment gateway for a client. The client wanted to automatically generate an invoice in Xero every time a customer was charged in Stripe.
That seemed easy enough.
A trigger was created to automatically punch out the invoice whenever a new charge occurred. Great. All that was left was to create a Stripe transaction within Xero to reconcile against that invoice.
That's where we were halted in our tracks. Our thought process was that it had to be possible to bring the transactional data into Xero. Especially because Stripe and Xero are two of the most connected platforms out there!
Turns out it wasn't possible at all. With a bit of research, we found a solution and created an app for the client.
Now, Stripe transactions magically show up in her Xero account every day. Reconciling against invoices is as simple as hitting the little green OK button when Xero finds a match.
A quick look in the forums showed that we definitely were not the only people facing this problem. So, we made Silver Siphon public. Now you can slash hours off your bookkeeping every month and have Silver Siphon do the heavy lifting.
Since then, we have expanded to include Pin Payments, with more gateways on the way.
We were looking for a scalable product to integrate our Stripe billing gateway and Xero's accounting system. After researching a number of products, Silver Siphon came out far ahead of everyone else on the market - simple, reliable, scalable backed up by a team always willing to help.
Silver Siphon has allowed me to avoid the unnecessary expense of paying for a bookkeeper. It makes reconciling Stripe transactions a cinch. Every one who uses Xero and Stripe should use it.
Xero and Stripe are both excellent but it used to be a pain to reconcile all transactions between the two. Silver Siphon has saved us around 10 hours a month and I wouldn't even say we process that many transactions. If you use Stripe and Xero this will save you way more than the cost of it!
I tried out several other software packages linking Xero and Stripe but yours is the only one that allows me to put Stripe on my dashboard as an actual account. I’m really pleased with the service so far.
Silver Siphon is going great, everything reconciled perfectly. I'm converting into Xero from another accounting system and most other integrations I've done so far just don't seem to get things 100% correct. 97% isn't good enough because it means a whole lot of repetitive unnecessary work. Silver Siphon got it 100% right.
Silver Siphon is super easy to set up, and even easier to use. I just have a rule set for fees, and the rest of my invoices match up to the charges exactly. Makes reconciling stripe super easy.
Loving the Silver Siphon system, it completely streamlines my Xero accounting processes. I wish that my other payment gateways could be this easy.
We signed up doday. Loving the service. Making my life so much easier! Keep up the good work.
Automating Stripe and Pin Payments accounting for online businesses.
Silver Siphon saves businesses huge amounts of time by handling tedious accounting tasks.
A product of software company, Aktura Technology.