How do I connect Xero accounting software to Abacus?
To connect your Xero account to Abacus, the first step is to log in to your Abacus account and head to the ' Accounting Sync' tab of your company settings. (Note, only admins can edit the accounting sync settings).
Click the 'Connect to Xero' button, log in to your Xero Account, and authorize Abacus to send data to Xero.
Great! Now your accounts are connected.
The next step is to select your 'payment account' and your 'default bookkeeping category'
Your 'payment account' is the bank account that will be debited when you make a reimbursement. Selecting this will ensure that your reimbursements automatically get reconciled — we'll submit both both the 'bill' and the 'bill payment', which will cancel each other out.
The 'default bookkeeping category' is the category that we'll label any uncategorized expenses. Usually it's good to select something like 'Uncategorized Expenses'. You can always go into Xero later on and add categories or adjust categories for any of your expenses.
The final step is to map Abacus categories with your Xero categories, sometimes referred to as your chart of accounts.
You can perform that mapping on the ' Categories' tab. You'll now see a new column called 'Xero Chart of Accounts'. You can add and remove categories on the left (what everyone on your team will see in Abacus) and then map them to the corresponding category / account in Xero.
Click 'Save' at the bottom, and you're done!
To view a step-by-step walkthrough, check out our "how to" below!
If you have additional questions, email us at firstname.lastname@example.org.