Are you using Xero accounting software to manage your business? Integrating with Peakflo is a one click process—ok it's closer to six clicks, but who's counting.
Step 1: Go to Settings
Step 2: Click 'Integrations'
Under the settings menu option, you should see a tab called 'Integrations.' Click on it.
Step 3: Click Xero Connect
You should then see a screen with different options for accounting software integrations. Click on Connect to Xero.
Step 4: Log into your Xero account
Step 5: Refresh and select the accounts
Once you're logged in, you will see the status of the integration on the page along with the options to configure the accounts.
⚠️ Before configuring the accounts, make sure to hit refresh and select the accounts. Doing so will ensure that all accounts are in sync. Optionally, you can do the same process to sync taxes as well.
Step 6: Configure account mappings
Once the refresh is done, click on "Configure account" at the top right.
Please select the accounts that you'll use to sync with your accounting system.
⚠️ Make sure to fill out all fields as they're mandatory. If skipped, the account will not be synced.
Here's the list of accounts that you'll need to sync:
- WHT Receivable → select the type of tax that you'll sync with your payments for accounts receivable
- WHT Payables → select the type of tax that you'll sync with your payments for accoounts payable
- Payment Processing Fees → select the account that you'll use for payment processing fees
- Bill item default → select the budgets or expenses that you'd like to sync
- Set the currency and account to receive payments
- Payment Received → select the account to receive the payments
- Funding bank account → select the account you'll use to store the funds.
- Payables bank account → select the account you'll use to make payments.
📣 Do not forget to double-check if every line of the configuration is correct.
Once you're sure that the configuration is set accordingly, click Finish.
Peakflo will begin to sync your chart of accounts, and usually, it'll only take 5 minutes. While waiting, you can sit back and relax 🏖️
Time to streamline your finance operations! 🚀