Xero Add-ons: Top 7 Tools to Enhance Your Accounting Workflow in Malaysia

How Xero Add-Ons work

Xero add-ons add additional functionality to your Xero accounting software. Some add-ons are developed by Xero itself, while some are independent software that can integrate with Xero.

There are countless software providers that have created integrations for Xero so that the accounting data can be streamlined with other departmental functions such as HR. Here are 7 we found the most powerful and relevant to Malaysian SMBs! These integrations not only enhance the efficiency of financial operations but also foster improved collaboration across teams. For businesses looking to maximize their investment in Xero, exploring xero partner services in malaysia can provide tailored solutions that cater to their specific needs. Investing in these partnerships ensures that companies can leverage the full capabilities of Xero while adapting to the unique challenges of the Malaysian market. These software integrations offer critical support for Malaysian businesses with Xero, allowing them to streamline workflows and reduce redundancies effectively. Additionally, they facilitate real-time data sharing, ensuring that all departments can make informed decisions quickly. By choosing the right integrations, companies can drive productivity and gain a competitive edge in the fast-paced marketplace.

7 Powerful Xero Add-Ons

We’ve done the heavy lifting for you, so without further ado, let’s dive in!

1.  Talenox

Talenox is an online HR management system that handles core business functions such as managing employee profiles, payroll, and employee leave management.

Boosting productivity with Talenox and Xero

Talenox and Xero have jointly developed an integration that boasts a powerful streamlining of HR and accounting functions.

It removes the need for manual work and provides automated entries for core business functions such as payroll.

Talenox’s 3 Amazing Features

●   Linking payments to Charts of Accounts.

●   Automated payroll entries to your ledger.

●   Choose specific payroll periods and split payroll figures by individual employee or department.

More information

Check out the official setup integration and walkthrough for further information on how to integrate both tools.

2.  Dext

Dext is a cloud-based accounting solution toolkit with functions such as electronically capturing and storing receipts, invoicing, and other related bookkeeping functions.

Boosting productivity with Dext and Xero

The software seamlessly integrates with Xero to provide an end-to-end accounting solution. It boosts productivity by cutting coding or any other manual effort required to integrate data.

For example, when you submit and process a new receipt in Dext, it automatically transfers the data to your chosen destination. When this function is performed in Dext, Xero automatically adds line items to existing sales invoices.

Dext’s 4 Amazing Features

●   Organize expense reports by merging information in Xero and Dext.

●   Automated publishing and transaction matching.

●   Automatically identify expenses in Xero without an attached image and use images in Dext to fix it.

●   Streamline and sync accounting information such as Charts of Accounts, Payment methods, suppliers, customers, and tracking categories.

More information

You can visit Xero or Dext’s site for information about integrating the two software.

3.  A2X

A2X is an e-commerce accounting solution that helps sellers by acting as their accounting copilot. It can integrate with e-commerce solutions such as Shopify, Walmart, Amazon and Etsy to keep track of your account as your process orders.

Boosting productivity with A2X and Xero

A2X automatically fetches all new sales data taken from platforms such as Shopify and moves them to Xero. Financials like settlement summaries are posted to Xero, and reports like income/expense reports can then be generated. The integration is perfect for reconciliation.

The integration works in the following manner:

A2X’s 4 Amazing Features

●   Automated mapping of sales from Shopify, Amazon, Ebay, Etsy, etc., to appropriate ledger accounts in Xero.

●   It posts summarized journals to the Xero ledger.

●   It can send invoices to Xero for auto-reconciliation.

●   Financials like costs of goods based on sales from each settlement, are sent by A2X to Xero. Xero then calculates accurate product margins based on the provided data.

4.  ApprovalMax Workflow

ApprovalMax allows users to sign off on accounting documents so approval can be tracked. The tool lets you set up an approval workflow where you can customize conditions for approvals, such as the number of steps for approval or who will approve in each step.

Boosting productivity with ApprovalMax and Xero

Xero will send out different financial information such as sales invoices, purchase orders, bills, supplier invoices, etc. to Approvalmax. From there, you can set up the approval process from them.

The entire process for approving documents in real-time becomes automated, reducing risk and preventing all sorts of unwanted issues from arising.

ApprovalMax’s 4 Amazing Features

●   Real-time accounting data automatically feeds into ApprovalMax so relevant people can sign off.

●   Automated approvals for accounts payable and accounts receivable.

●   Automatic supplier information updated in ApprovalMax based on data from Xero.

●   Easy audit trail tracking through a completely digitized approval process with no paper involved.

5.  SupplyCart

SupplyCart.my is a cloud-based procurement platform that digitizes the procurement process with features such as catalog requisition, digital approval between parties, spending analytics and automated audit logs, automated vendor management system, etc.

Boosting productivity with SupplyCart and Xero

You can merge your procurement and accounting process by integrating SupplyCart with Xero. The entire procurement information is synced with the accounting information in Xero.

Information such as purchase orders from SupplyCart is automatically added in Xero, removing the need for manually filling up procurement data in your accounting software.

SupplyCart’s 3 Amazing Features

●   PO information from SupplyCart is automatically synced with Xero.

●   Charts of Accounts information from Xero is automatically synced with SupplyCart, making tracking information such as expenses easy.

●   Any changes to Vendor Name, delivery address, tax rate, quantity, unit price etc. is automatically synced once changed in either SupplyCart or Xero.

6.   Zetpy

Zetpy is an inventory management software that tracks inventory and syncs it across all of your sales channels. The centralized inventory control prevents overselling and other problems by having your entire inventory being sold on different channels, such as Shopify, Magento, Woocommerce, Shopee, etc., to be managed in one interface.

Boosting productivity with Zetpy and Xero

For sellers whose inventory is being sold on different platforms such as Shopify, Tiktok, Woocomerce, Shopee, etc., keeping track of inventory and finances is a problem.

By integrating Xero and Zetpy, you get access to a centralized interface where you can see how inventory is being sold everywhere in a centralized channel.

The sales information is automatically sent out to Xero, from where the accounting process initiates. Information such as invoices and order tracking are automatically synced across Xero and Zetpy.

Zetpy’s 4 Powerful Features

●   All online orders can be automatically synced back to Xero as invoices with updated inventory information.

●   Orders across all platforms are synced across Xero and Zetpy.

●   Zetpy sends out all vouchers, admin fee, discounts, and related information to Xero.

●   Automated accounting reports based on real-time data automatically pulled from Zetpy.

7.  Eats365

Eats is a POS-based solution for restaurants to manage customer payments easily. It’s an iPad-based solution made to cater to businesses of all sizes.

Boosting productivity with Eats365 and Xero

For restaurants looking to manage their accounting by automatically syncing data from their POS into their accounting software, this combo is the perfect solution.

Restaurant owners can boost productivity by simply getting payments from customers from the POS machine. The data is automatically updated into Xero once the integration has taken place.

From there, you can find all sorts of accounting information in Xero, such as invoices, sales data tracking, custom reports, etc.

Eats365’s 5 Powerful Features

●   Automatically pull sales data from POS into Xero.

●   Custom reports breaking down all finances such as profit margins, gross revenue, operating expenses, etc.

●   All accounts sales in Eats365 are automatically updated in Xero as an account receivable invoice.

●   Tax rate mapping allows you to keep track of your tax liabilities automatically. All tax related information based on real-time sales data is updated.

●   Xero pulls data from Eats365 to generate a daily closing report.