Why your POS and Shopify payouts won't reconcile in Xero
And what a closed register should post. Live online, 45 minutes, free.
Black Friday is done. Now the payouts land, and the numbers don't match.
If you sell in-store and online, you've probably seen it. Shopify payouts that never match the orders. A day of POS sales that lands in your accounts as one lump. Card fees and refunds netted off, so the bank line doesn't match anything. And every week someone builds a spreadsheet to explain the gap.
In 45 minutes, live, we'll show you why it happens and what the numbers should look like when it's set up properly.
What we'll cover
- Why the payout never equals the sales. Fees, refunds, timing and gift cards, and which number your accounts actually see.
- What a closed register should post. The journal entries for a day of trading, on screen.
- The same day of trading in Odoo. POS and eCommerce sales reconciling to the bank line, without the spreadsheet.
- Your questions. The last 15 minutes are yours.
Who it's for
Owners, finance managers and bookkeepers in retail, eCommerce and wholesale businesses selling through Shopify, Square, Lightspeed or a mix, with Xero, MYOB or QuickBooks behind it.
Presented by
Jeri and Marlon Wambeek, accountants and co-founders of WAO Group, winner of the Odoo Customer Choice Award (ANZ) 2026.
Thursday 3 December 2026, 11:00–11:45am AEDT. Online and free. Can't make it live? Register anyway and we'll send you the recording.
Steered by Jeri Wambeek.
Co-founder/Chief Revenue Officer, WAO Group.
An accountant by profession, Jeri is the Co-founder and Chief Revenue Officer of WAO Group, Australia's trusted Odoo Partner, steering a team of over 40 professionals to help product-based businesses thrive in the cloud through Odoo solutions. She is also a Cloud Ecosystem Expert with a strong focus on Inventory and Supply Chain Management.