Want to have better control on the stock movements and their accounting records?
TradeGecko acts as an easy to use Xero inventory management add-on that empowers you to automatically sync all data between inventory movements and accountancy.
This will streamline your business operations, giving you the efficiency and productivity required to grow your business.
What is Xero?
Xero is one of the world’s most easy to use online accounting software for small businesses. It has more than 300,000 customers in over 100 countries.
What is TradeGecko?
TradeGecko is the one central place from which wholesale and e-Commerce businesses can run all operations.
Our easy-to-use cloud-based platform for inventory and order management helps trade businesses to grow without the pains. TradeGecko keeps processes and admin to a minimum by automatically integrating with various B2C and B2B e-Commerce platforms, marketplaces, accounting systems and shipping solutions.
Why connect your Xero account to TradeGecko?
Benefit from automatic sync between all orders, stock levels, accounting records and shipping info
When running a wholesale or e-Commerce business with TradeGecko and Xero, you won't ever need to manually enter customer data and transaction information, saving you valuable time and eliminating errors.
When customers order via B2C or B2B e-Commerce platforms, TradeGecko automatically creates Sales Orders and invoices, pushing them into Xero accounting records, adjusting stock levels and creating sales and profits reports.
TradeGecko allows multi-currency pricing to be displayed to customers, while automatically converting the amounts in the base currency for the accounting records in Xero.
TradeGecko also allows to predefine bundles of taxes (local sub taxes, sales taxes, compound taxes etc.), in various percentages or combined, and syncs them with Xero through every Sales Order and Purchase Order. This comes very handy for businesses selling in multiple locations.
TradeGecko will basically reduce the time you spend on operations by a minimum of 62% and it will help you eliminate human error
Free yourself from all operational hassle and get more time to focus on growing your business.
We’ve gotten to a point now where our operations is automated and smooth across WooCommerce, TradeGecko, and Xero – the system integrations have taken a lot of the manual work out of the picture.
How does the Xero Inventory Management Add-on by TradeGecko work?
With the Xero - TradeGecko integration you have everything you need to power the entire backend of your wholesale or e-Commerce business.
Your business activity on TradeGecko gets pushed to Xero as accounting data. As you create and manage orders, invoices, shipments, purchase orders, and stock adjustments, your respective accounts on Xero will automatically be updated with the right amounts.
Creating sales invoices
When you create a Sales Order In TradeGecko, the invoice total is immediately pushed to Xero as a Sales Invoice in the Sales account (typically Accounts Receivable). You can then approve the invoice and make payment on Xero afterwards.
Creating purchase orders
When you create a Purchase Order in TradeGecko, the order total is immediately pushed to Xero as a Purchases Bill in the Purchases account (typically Accounts Payable). You can then approve the bill and make payment on Xero afterwards.
Reporting on stock movements
At the end of every day, we collate all changes in your stock levels in TradeGecko into a single Purchases Bill on Xero. This includes: shipments on Sales Orders (marking as ‘Shipped’), received Purchase Orders (creating Procurements), and stock adjustments.
How to setup the Xero Inventory Management Add-on?
As long as you have a Xero account and a TradeGecko account, you can integrate them for free and unlimited by using our Xero inventory management add-on from our Add-on Store.
Not on TradeGecko yet? Check out our 21 days free trial.