A problem I have is importing accurate payment information from services like Stripe and PayPal into my accounting software. There are many solutions, but none of them seems to do quite the job I need. Today I’ll explore Sush.io, which is supposed to help reconcile Stripe & Paypal payments (along with their fees) into QuickBooks Online & Xero.
Greg Lam will be presenting the sessions, Cloud Accounting Face Off and Setting Up a Paperless Accounting Flow, at Accountex 2016.
When you first start out with Sush.io and add a company, the layout is quite sparse.
Generally, I’m a fan of simple UI, but I wouldn’t have minded a bit more handholding.
To get things going, you need to create a “New automation.” This will give you the option to add expenses, banking, billing, or tax automation.
The Expenses automation offers to grab receipts from various online vendors.
Banking offers to pull your bank balance and transaction history.
Billing will sync with your payment gateway (what I’m most interested in testing).
Tax will help automate your sales tax reports (in the USA and Canada).
At this point I don’t quite know how all this data will come together, but I’ll hook up to some of these services and see what happens.
You should note that if you’re in the trial mode, it’ll only pull in a sample set of existing data. It won’t continue to pull in future transactions. To do that, you’ll need to pay.
If you look at the home page of Sush.io, the pricing will show up as below.
That sounds good, but what confused me was that the only options I continued to see when logged into Sush.io were the ones seen below.
So, even though I thought I was on the $0 (up to 100 transactions plan), I was limited to only importing a sample set of historical data.
Setting Up an Automation
I’ll start off testing out the automations by setting up an expense automation.
As seen above, I’m asked to choose a destination category: Cloud Storage or Accounting Software. I’m a bit stumped at this point as I’d kind of like both, but I go with the Accounting Software route.