Overview
Streamline your financial management with SumUp and Xero. Transactions processed through SumUp, whether from Point of Sale or payments, automatically sync with Xero. You'll save time on labour-intensive manual data entry, plus reduce the risk of errors and get accurate financial records you can rely on while you focus on growing your business.
SumUp: Payments and POS + Xero
When you connect SumUp to Xero, you choose how to break down your sales (including VAT rate) and synchronise them to Xero. You can assign accounts from the chart of accounts to specific product categories to make reporting easier.
The integration will create invoices in your Xero organisation, which will show a breakdown by tax rate, product category or individual products of the daily sales you have processed with SumUp.
The transaction fees will be created as bills, from SumUp to your organisation.
Both invoices and bills can be reconciled to your payouts in Xero.
Getting started
To start getting reports in Xero from your SumUp sales, click the link to connect the integration. In your SumUp dashboard you can connect the applications and choose how your reports are going to look like and which account the products belong to.
