PaySpace offers users the option to map the chart of accounts data from Xero Accounting into PaySpace when configuring their GL setup. This kind of mapping streamlines the data flow into PaySpace with ease and increases efficiency as users are no longer required to input account numbers manually, thereby eradicating any potential for human error.
Users will also now be able to seamlessly publish general ledgers directly from PaySpace into the corresponding ledger in Xero. This functionality removes the need for downloading any files eliminating any security concerns of files lying around on personal laptops and also speeds up the publishing of general ledgers with real-time results.
What is Xero?
Xero is easy to use online accounting software that’s designed specifically for small businesses.
- It’s all online, so you can work when and where you want to. Just login with your PC, Mac or mobile.
- Your bank statements are automatically imported and categorized, letting you see your cashflow in real-time.
- Invite your team and work together on financials. You can collaborate over your up-to-date numbers.
- Xero has all you need to run your business – including invoicing, paying bills, sales tax returns, reporting and much more.