Yoco integrates with Xero in a few easy steps. Before you begin the Xero integration, please make sure the following has been completed:
- Create a Xero Account
- Set up your Yoco Payments Account on Xero’s side and enable payments to this account.
Check out this video for a step by step guide on creating your Payments Accounts:
IMPORTANT: The Payments Account is a Chart Account. We strongly recommend that you select the Account Type as Current Asset, and not Bank Account, as this will create a double credit issue.
Once the payments account has been set up, follow the steps shown in this video to complete the Yoco & Xero integration:
IMPORTANT: If you are VAT Registered make sure you set your VAT Rule to Standard 15%