To anyone in the world of e-commerce, Shopify is a household name. Selling items online is simple with its easy-to-use, well-designed interface.
Anyone familiar with Shopify should also know about the various accounting programs that can integrate with it to improve its functionality. One of these programs is Xero Integration by Bold Commerce.
When choosing the right software for your Shopify experience, there are many aspects to consider.
It’s essential to understand both the fundamental and technical questions first.
This review will take you through everything you need to know about Xero Integration. At the end of this review, you’ll be able to choose the best Xero integration tool for your Shopify store.
Xero Integration by Bold Commerce is an app that connects your Shopify store with the Xero accounting platform.
This useful app will automatically sync your Shopify sales, orders, and other data with your Xero accounting software on a daily basis.
By acting as a bridge between the two platforms, you avoid having to manually enter data from one platform onto another. It simplifies reconciliation and accounting, and lets you stay in control of your online business.
You also save loads of time and stress by integrating Xero with Shopify.
Xero Integration offers many features for improving your Shopify business’ connection to Xero.
It provides automatic daily exporting of your Shopify order data. This feature removes the need to manually input data, saving you a lot of time.
Each of the orders you export to Xero will include associated information to improve the analytics. This information consists of any line items, shipping information, and tax breakdowns.
Xero Integration records refunds, discounts, and associated payment fees separately for Shopify Payments users.
If your business doesn’t use Shopify Payments, it won’t record these fees separately. Xero Integration can also include customer information in the data it exports.
Xero Integration can automatically record any new tax agencies’ tax rates based on the order information you export to Xero.
You can also register a primary tax agency where you often conduct business. Xero Integration generates a tax report to help you determine how much money you owe in taxes.
Whatever your needs, Xero Integration is well equipped to enhance your link to Xero.
It is worth noting that Xero Integration has several tiers, which offer different benefits. There are four tiers: Free, Starter, Growth, and Enterprise.
The first tier of Xero Integration is the Free tier.
It is worth noting that the Free tier offers the most limited suite of features.
The Free tier is still a good option for those wishing to test the software before committing to a higher tier. It is also valuable for those who run smaller businesses on Shopify.
The Free tier does allow you to export your Shopify orders to Xero. You can only export up to 30 orders per month.
The Starter tier, the first premium tier, offers improved benefits over the Free tier. The limit on orders changes to a soft cap of 200 orders per month.
Exceeding the cap will result in a small extra charge for every order exported after 200. The Starter tier also allows you to import Xero products and inventory levels into Shopify.
Next, we find the Growth tier. This is the second premium tier, and it offers further improvements compared to the Starter and Free tiers. With this tier, the limit on orders increases to a soft cap of 500 orders per month. We also find that the extra fee per order over 500 is smaller, allowing for greater flexibility.
The Enterprise tier, the third and most expensive premium tier, offers the most benefits compared to the previous levels.
This final tier has no soft cap and it allows for an unlimited number of exports to Xero every month. This also includes the other benefits offered by the previous tiers.
Here are the pros and cons of Xero Integration:
While Xero Integration is a versatile software, it is not the only one on the market.
Many alternatives exist, each offering a different experience. The one we’d like to highlight here is Reconcilely.
Reconcilely features several key differences from Xero Integration. One of Reconcilely’s key features is real-time exporting to Xero, allowing for much faster payment reconciliation.
Reconcilely’s 4 tiers are available at competitive, low prices.
While there is no free tier, Reconcilely does offer a 14-day free trial to allow users to test whether the software is right for them.
The Starter tier allows for 100 exported orders per month and includes support via email. Next is the Standard tier. It offers 400 orders per month and comes with support via live chat.
The Pro tier ups the number of orders to 800 and includes support for other currencies. Finally, the Unlimited tier allows for an unlimited number of orders and all previous benefits.
We think it’s clear that Xero allows for complete accounting control over every aspect of your business. Your only choice should be between which integration app will work best for your business.
While Xero Integration is a good option, it is quite expensive and might not be suitable for your business. Reconcilely offers higher transaction limits, faster syncing, and easier reconciliation for everyone.