Xero Integration
The Xero integration allows you to pull your transaction statements from Equals Money directly into Xero. When you connect your Equals Money and Xero accounts, transactions are synced across once a day, seamlessly, helping you to keep a real-time overview of your data.
Benefits
Equals Money (integrated with Xero) is super easy to use with everything in one place.
The team and I save so much processing time as all transactions show immediately on the platform.
Equals' Xero integration has been great. It's empowered us to make our workflow even more efficient by streamlining our accounting and reconciliation processes at the end of each month.
Using Equals bank feed integration with Xero means no more bank reconciliation issues & currency adjustments at month end. I can pay supplier bills from the native currency accounts which means I don’t need to go & search for the fx rate & it doesn’t matter if the rate has more decimal places than Xero allows.
Everything is fed through, so I’m not going to miss any payments. I’m using it with multiple clients & over 10 currencies. It gives me the best of both worlds - the automation of other providers but the personal service of the Equals team.
How to integrate
your account
Automated bank feeds. This means all transactions are sent to Xero automatically, once day. Once the connection is made and you have mapped your Equals Money currencies to bank accounts in Xero bank, transactions will sync once a day automatically.
You can review your full Sync history to view all batches of data which have been sent to Xero.
Once you have connected to Xero and mapped your accounts, your completed transactions will sync for the first time shortly after midnight, ready for your review the next day. Transactions will sync once a day automatically. You also have the option to select a 'sync now' option, which you are able to activate every 3 hours.