Xero is an online accounting software that gives you the option to push invoices and payments from RoomRaccoon. With the Xero connection to RoomRaccoon, you can choose if you want only the invoices sent should you want to add the payments manually.
When RoomRaccoon pushes payments to Xero this minimises the manual labour of allocating payments and reduces the risk of human error through automation.
How to connect to Xero
Login to RoomRaccoon and authorise the connection by clicking on the link provided to you by RoomRaccoon.
This link will redirect you to the Xero Login page where you will need to grant RoomRaccoon permission “Allow Access.”
In RoomRaccoon add all of the mapping.
Add Ledgers - Accommodation, food, beverages, add-ons etc.
Add payment ledgers (such as credit card payment for example.)
Benefits of using Xero
Get your books done faster - Xero can automatically handle tasks that used to take up all of your time. From importing bank transactions to sending invoice reminders.
Feel confident in your numbers - With all your data stored safely and in one place, it’s easy to get a snapshot of how your business is tracking. You can also invite your accountant or bookkeeper into Xero so they’ll ensure you meet all your tax obligations.
Do business from anywhere, on any device - It’s easy to access all your data and Xero tools from anywhere – just connect to the internet. Plus, keep all your essentials like invoicing and payroll at your fingertips with Xero’s mobile app.
Good to know
Payment ledgers are not mandatory however we need to have at least one payment ledger.
We need one sales ledger that is named “other” to capture the unallocated items
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