Xero is an online accounting software platform for small businesses with tools for - tracking projects, reconciling accounts, as well as managing sales and purchase transactions.
Starling Bank is a licensed and regulated digital challenger bank that focuses on current business account products. It provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary technology platform used to power its bank.
Integrating your Starling business account with Xero
To connect your Starling account to Xero, you need to:
- Visit the Marketplace section of the Starling app. It is on the primary GBP account menu.
- Click on the Browse option.
- In the accounting section, choose Xero.
- Click Add- at this stage, you will be asked to confirm if you are an existing Xero customer or want to sign up.
- If you already have an account with Xero, select login to Xero.
- Select the Starling accounts from which you want to share the transactions to Xero.
- Confirm that you accept to share your data.
- You will be redirected to Xero to log in with your Xero details.
- When logged in, select the organisation in Xero you wish to link your Starling account.
- On the next screen, select a Xero account to link each of your Starling accounts. You should also choose a date from which to share transactions. If this is the first time you are connecting a Starling account to Xero, it is advisable to select the option to create a new Xero account. If you linked an account previously, you should choose your previously linked Xero account on this page.
Benefits of linking your Starling business account with Xero
You stand to benefit in the following ways if you integrate your Starling business account with Xero:
- Your transaction data is shared automatically and instantly with Xero, eradicating overnight updates or download requests.
- You can easily share every Starling transaction you have made in the last year.
- You can bank with no borders if your business goes beyond the UK.
- You can instantly share your Starling multi-currency transactions with Xero if you are on Xero’s Premium plan.