Integrating your WooCommerce eCommerce store with the Xero accounting platform can provide many benefits to your business. This integration can help automate accounting processes and reduce the need for manual data entry, saving you time so you can focus on the bigger picture, such as growing your business. MyWorks users all around the world save 10 or more hours a week on average when automating their accounting with our integrations.
Automate manual processes and save time
One of the main benefits of integrating your WooCommerce store with Xero is that it can automate many of the manual accounting processes that are typically associated with running an eCommerce business. Without an integration like MyWorks to sync WooCommerce and Xero, you would need to manually enter WooCommerce orders in Xero, along with customer details, payment details, taxes, shipping, discounts, fees, and products sold. The same goes for inventory and product management, which would need to be updated manually on both platforms. MyWorks automates all of these processes and saves you time by keeping the two platforms in sync. For example, when a customer makes a purchase on your WooCommerce store, the sale will be automatically recorded in Xero, eliminating the need for manual data entry. This can save you a significant amount of time and ensure that your financial records are always up-to-date and tax ready!
Improve accounting accuracy
In addition to automating accounting processes, integrating your WooCommerce store with Xero can also help improve your accounting accuracy. By eliminating the need for manual data entry, you can reduce the time needed for accounting AND reduce the risk of human error. When manually entering WooCommerce orders in Xero, a small error can wreak havoc in your accounting, making it near impossible to correctly reconcile your accounts.
Manage inventory more easily
Another benefit of integrating your WooCommerce store with Xero is that it can make it easier to manage your inventory. With MyWorks, you can automatically sync inventory levels across both platforms. This means that when the inventory levels are adjusted either manually or automatically on either platform, MyWorks Sync will automatically update the other platform.
Keeping your WooCommerce store accounting up-to-date in Xero will allow you to gain a better understanding of your business performance. MyWorks ensures that Xero has a full picture of your eCommerce store’s performance, so you can create statements and reports anytime you need. This will allow you to gain a better understanding of your business performance.
Using MyWorks Sync to integrate your WooCommerce store with Xero can provide many benefits to your business. It can automate accounting processes, improve the accuracy of your financial records, provide real-time visibility into your financial data, and make it easier to manage your inventory. By taking advantage of this integration, you can save time and money all while growing your business.
Learn more about MyWorks Xero Sync for WooCommerce here, and discover plans and pricing here.