Create accounts for Xero integration

The chart of accounts is the list of all accounts your organization has available to record your transactions and is important for classifying your transactions correctly. If you are using Xero as your primary accounting system, you must manage your accounts from Xero. You can view your chart of accounts in Cin7 Core, but it will be read-only.

The accounts needed for Cin7 Core to function correctly are listed below with their required settings. You can create these and update Xero with the Xero Connect Wizard or create in Xero.

Once you have created your accounts in Xero, you can map these with Cin7 Core.

Prerequisites

• Xero account

• You must manage your accounts from Xero. New accounts will be imported into Cin7 Core when you synchronize data with Xero.

Accounts already created by Xero

• Accounts receivable

• Accounts payable

• Sales tax (GST, VAT...)

• Sales/revenue

Required accounts

You need to create all of the following accounts to fully make use of Cin7 Core's functionality.

*may already be created by Xero
**Xero pre-loads a default inventory account, however, it does not have the correct settings for Cin7 Core to function correctly. You will have to create a new one with the settings listed above.

Optional accounts

These accounts are not required for Cin7, but allow you to use additional optional features.

Enable Inventory accrual to map Inventory accrual and Stock in transit accounts. Realized currency gains is required for multiple currencies.

Enable Gift cards to map gift card liability accounts.

• Publish to everyone.4.log-2010416261.zip30 KB