We understand that accounting work can be overwhelming. Here are some frequently asked questions about Float's integration with Xero.
To configure and connect Xero to Float, see:
Frequently Asked Questions (FAQs):
How do I add GL codes/Tax codes/Vendors to Float?
Can more than one of my businesses in Float be connected to the same Xero account?
Do tracking categories get imported into Float?
Are transactions exported automatically?
Is there a way to re-export transactions?
What happens if I disconnect/reconnect my Xero to Float?
What's an accounting period?
An accounting period is a specific timeframe used by businesses to record and report their financial activity. It's a period of time, such as week, month, quarter or year, during which transactions are grouped together for analysis and financial statement preparation.
How do I add GL codes/Tax codes/Vendors to Float?
Once you connect your Xero account to Float, all of your Vendors, Tax codes and GL Codes that are in your QBO will automatically sync to Float.
For more information on how to set up your Float Xero integration, please see:
Can more than one of my businesses in Float be connected to the same Xero account?
No, not at this time. Xero doesn't support multiple Float accounts being connected to one Xero account.
Do tracking categories get imported to Float?
Xero Tracking Categories are synced to Float as "Custom Fields" and are only available on the professional plan. Please reach out to support@floatfinancial.com to upgrade!
Are transactions exported automatically?
No, they do not! Once transactions become compliant, you'll have to select and export them manually. For details on how, see: Transaction Export Overview
Is there a way to re-export transactions?
Yes! You can re-export transactions that have already been exported. To do so:
- Go to the Transaction Export page > Go to Exported > Find and select the previously exported transaction
- Make your changes > Select the "Re-Export" button
What happens if I disconnect/reconnect my Xero to Float?
If you disconnect Xero from Float:
- Any data synced from Xero (GL codes, vendors, tax codes, etc.) will be removed
- Transactions categorized with the previously synced data will be removed
If you reconnect the same Xero account, Float will re-sync your accounting data automatically. Any previous categorizations tied to that data will be restored to the same transactions.