Waylog enables businesses to grow by providing working capital for financing the purchase of inventory.
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1 months
October 2024Key functions
Inventory
Financial servicesOverview
The Waylog Xero app allows Waylog customers to easily manage their Waylog funding by automatically recording entries for both incoming funds and outgoing payments.
Waylog + Xero
When Waylog provides funding, we record a transaction moving funds from a Waylog virtual bank account to your specified bank account. For each repayment to Waylog, we record a transaction from your designated bank account back to the Waylog virtual account, and another transaction from the Waylog placeholder account to the Waylog supplier account to cover the fee. This fee is also logged as an interest expense in your designated account.
Getting started
Existing customers can enable the integration in the Waylog portal settings page.
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Additional info
Get started with Waylog
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