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Spread

By Spread
5 out of 5 stars
Free 7 day trial available
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Month End Automation, Accruals, Prepayments and Deferred Revenue inside Xero. Catch every adjustment a spreadsheet can't. Stand by numbers that reflect reality.
Rated
5.0
out of 5
Reviewed by
10
Xero users
Try this app
Free 7 day
trial available
Listed for
6 months
March 2026

Overview

Month End Automation, Accruals, Prepayments and Deferred Revenue and Balance Sheet Reconciliation inside Xero. Catch every adjustment a spreadsheet can't. Stand by numbers that reflect reality.

Your existing tools get the data into Xero. Spread is what happens next.

One Solution. Month-End Problems. Solved.

Revenue Recognition

An annual subscription invoiced upfront. Spread reads the attachment and spreads the income across 12 months automatically. No manual journals, no spreadsheets. Your revenue always lands in the correct month.

Prepayments

A quarterly rent invoice arrives. Spread reads the date range from the attachment and allocates the cost across the correct months before you've even looked at it. No more manual calculations or missed adjustments.

Month-End Accruals

A recurring utility bill hasn't arrived. Spread recognises the pattern, posts the monthly accrual, and reverses it automatically when the invoice arrives.

The Journals Are Ready Before You've Even Started Month-End. You Just Approve Them.

Balance Sheet Reconciliation

Spread reconciles every accrual, prepayment and deferred revenue balance back to Xero by nominal code, so your balance sheet always matches what's actually been posted, no manual tie-out required.

The Journals Are Ready Before You've Even Started Month-End. You Just Approve Them.


Who's it for?

Finance Teams

Your invoices land in Xero on the invoice date. Not the service period date. Every month, some of your costs are in the wrong period, and fixing it manually at that volume isn't possible. Spread reads every invoice and attachment, detects the timing difference, and posts the correct journals. Every adjustment is traceable. Every balance sheet code is reconcilable; when someone asks what's in your prepayments balance, you'll have the answer.

Accountants & Bookkeepers:

Every client, every month, the same adjustments. Done differently by whoever's doing the work that day. Brings consistency to how adjustments are handled across your entire portfolio. The same rules, applied the same way, every time. No individual discretion. No knowledge that walks out the door. Your senior accountants stop doing the work.

Fractional CFO's & Finance Directors

You can't advise on numbers you don't trust. So you wait for adjustments, for corrections, for someone to confirm everything is right. Spread offers Earlier visibility. Faster reporting. Conversations that land when they still matter.​

Still thinking about it? Most people who book a demo are posting journals automatically within their first month. Takes 10 minutes to connect your first organisation.

Try Spread Today - Free Trial Available

Spread
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Spread + Xero

Spread connects to Xero using secure OAuth2, allowing users to link their organisations in seconds. Once connected, Spread syncs invoices, bills, expenses and attachments automatically throughout the day.

• Secure OAuth2 connection

• Automatic data sync

• Reads line items and attachments for date ranges

• Creates and reverses journals in Xero

• Supports multiple organisations

• Full audit trail for all posting activity

Spread gives Xero users a seamless, hands-off month end by keeping data synced, journals accurate and timing adjustments fully automated.


Practice Pricing Available For Multi-Client Businesses.

Reviews & ratings

5.0 out of 5 stars
10 Reviews

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Most recent reviews

SP
Siobhan Proudfoot
Posted
5 out of 5 stars

Fantastic software - so pleased we implemented it

This software has changed the face of our reporting and month-end / quarter-end experience. Could not rate high enough

Response from Spread

Thank you so much for taking the time to leave this review that's exactly the kind of impact we set out to have. If there's ever anything we can do to make it even better for you, just shout.
LS
Louise Sims
Posted
5 out of 5 stars

Great product

It's refreshing to find a product that does exactly what it says it will. Spread will make a huge difference to our month-end deferred income and prepayment accounting processes, and the reconciliation reports are an excellent addition.

Response from Spread

Thank you so much for taking the time to leave this review. We're glad the balance sheet reconciliation report is proving useful. It's designed to give you a clear, real-time view of your deferred income and prepayment balances, matched directly against the underlying schedules, so you can see at a glance that what's sitting on the balance sheet actually ties out. That's usually the part of month-end that eats up the most time when it's done manually in spreadsheets, so it's great to hear it's making a difference for your process.
RB
Rosemary Browne
Posted
5 out of 5 stars

Excellent add-on

The perfect add-on to make up for Xero's deficiencies. Spread has transformed the processing of deferred income and prepayments. Not only is it intuitive and easy to use, but on the rare occasions where support is needed the response in almost instant.

Response from Spread

Thank you so much for this fantastic review, it really means a lot to the team. We built Spread specifically to take the pain out of deferred income and prepayments, so it's brilliant to hear it's landed exactly as intended for you. And we'll always make sure support is fast when you need it, even if those occasions are rare. Thanks again for taking the time to leave this, and for being a Spread customer.

Additional info

Shared data

Xero
Spread
Contactsshared from Xero to Spread and from Spread to Xero
Accountsshared from Xero to Spread
Tracking Categoriesshared from Xero to Spread
Manual Journalsshared from Xero to Spread and from Spread to Xero
Invoicesshared from Xero to Spread
Bank Transactionsshared from Xero to Spread

Functions

Reporting and forecastingAccountant tools

Industries

Accounting

App details

By Spread
Added in 2026

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@spread.finance

Contact

020 8135 7360

Follow

LinkedIn

7 day free trial available

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.