Etsy Payments to Xero Bank Statement Converter

Reconciling Etsy payouts in Xero was my biggest pain point each month. The converter breaks every lump sum deposit into individual sales, fees, and refunds with proper positive and negative amounts. I import to a clearing account and reconcile payouts in minutes instead of hours.

My Xero bank feed showed one deposit from Etsy but I had no idea what fees were deducted. Converting the monthly statement to Xero bank format gives me every listing fee, transaction fee, and processing fee as separate lines. My bank reconciliation finally balances to the penny.

I handle Etsy bank reconciliation in Xero for dozens of sellers. The clearing account workflow is exactly how I set up every client. Converting Etsy payment statements gives me the detail I need, and the automatic batching handles clients with over 1,000 transactions per month.

The DD/MM/YYYY date format option was essential since my Xero organization is set to UK dates. I converted three months of Etsy payment data and imported to my Etsy clearing account. Reconciling payouts against the bank feed went from a full day to about 20 minutes.

I never understood why my Etsy deposit did not match my sales total until I saw the fee breakdown after conversion. Each refund and fee appears as its own negative transaction in the Xero bank statement. My accountant says my books are finally audit-ready.

I import Etsy payments to Xero for multiple sellers and the deposit exclusion option prevents double-counting against their real bank feed. The smart amount signs handle the positive and negative logic automatically. Monthly reconciliation that took hours now takes a quick upload.