If you haven’t already, create a Francis account here: https://launch.francis.app/signup

Connect Francis to Xero (2 minutes) After signing up, you’ll have the option to add Xero as a data source in Francis. Once you’ve selected Xero, follow the prompt to authorize the connection. When authorized, your financial data will be available in Francis.

Choose a budget template (1 minute) Once you’ve connected your Xero account, you’re ready to start using Francis. To get started, you can choose to 1) use the Francis standard template, 2) use an industry template, 3) automatically generate a budget based on your chart of accounts, or 4) create a fully custom budget from scratch. Most users begin with the standard template to follow the basic structure of the three financial statements.

Customize your budget (5-10 minutes) Once you’ve chosen a template, tailor it to your business by adding rows and groups, adjusting forecasts, and incorporating any additional financial data or metrics relevant to your organization.

Match Xero accounts (10 minutes) In Francis, you’ll match your Xero accounts to the corresponding budget rows you’ve defined. This ensures accurate tracking of your actuals vs. budgets numbers. The time required to match accounts is entirely dependent on the size of your chart of accounts.

Monitor and update your budget (ongoing) Once you’ve matched your Xero accounts to your budget, you’ll be able to track your actuals against your budget numbers. Update your budget with rolling forecasts implementing updated actuals for more accurate forecasting and financial planning

For more information about available features, consider reading our documentation linked below.