Flutterwave + Xero

Flutterwave + Xero integration gives you access to easy cash flow reconciliation of marketplaces transactions all at a glance.

Xero is an online accounting software tool for small businesses that enables users to do the following:

• Get a real-time view of your cash flow. Log in anytime, anywhere on your Mac, PC, tablet or phone to get a real-time view of your cash flow. It’s a small business accounting software that’s simple, smart and occasionally magical.
• Run your business on the go. Use Xero mobile app to reconcile, send invoices, or create expense claims — from anywhere.
• Get paid faster with online invoicing. Send online invoices to your customers — and get updated when they’re opened.
• Reconcile in seconds. Xero imports and categorizes your latest bank transactions. Just click OK to reconcile.

Flutterwave + Xero Benefits.

• Integrating Flutterwave and Xero gives access to cash flow reconciliation of marketplaces transactions
• Flutterwave + Xero integration enables merchants awaiting an agreed-upon settlement to spend while expecting payments. Debit account selected while configuring integration settings will be debited while credit account selected will be credited after settlement.
• Merchants get payments into their added bank accounts on Xero while awaiting an agreed-upon settlement. This is not technically a loan but an advance against future receivables.
• Accounting deficit greatly reduced as Flutterwave + Xero integration gives an efficient and accurate balance of all accounts before, during and after settlement.
• Track the amount Flutterwave owes you.
• Track the fees Flutterwave charges you.
• Track all transactions occurring in your Flutterwave account on a daily basis through Xero
• Track all transactions on Xero through your Flutterwave account.

Getting Started

Sync the information from your Flutterwave account to Xero to keep track of your sales and the money Flutterwave owes you. You can select the appropriate accounts from your Chart of Accounts to track sales and Flutterwave fees.

To get started, follow the link: https://plugin.flutterwave.com.

• Select Xero plugin to proceed.

  

• Log-in to Xero or Sign-up if you do not have an account yet.

  

• Connect Xero to Flutterwave. This connection lasts for 30 minutes after which session times out.

  

• Log in to Flutterwave Dashboard to sync transactions on Flutterwave. Simply fill in login details of your Flutterwave account to proceed.

  

• Configure plug-in to select appropriate account to track sales and fees.

  

• Select Credit and Debit Account and save and then click “Back to Dashboard” to return to dashboard.

  

• Sync Transactions on Flutterwave with Xero.

  

• Go to Xero, the Chart of accounts section to view synced transactions in the appropriate accounts selected previously.

  

If you still need support, please visit our support knowledgebase.