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Introducing a whole new Xero integration

We’re pleased to announce the release of our slick new bank feed integration for Xero. We now have a Xero certified bank feed to simplify your admin even more.

Automatically feed transactions from your Tide accounts to Xero every two hours. Manage your active connections through a simple web interface. Best of all, it takes a minute to set up – we timed it, and it took one of us in the team literally 19 seconds to connect!

How does it work?

Every two hours, we’ll automatically post all cleared transactions from your Tide accounts to your Xero organisation. We’ll match your Tide accounts to any existing accounts in Xero (if you have not yet created these accounts in Xero, we’ll do this for you).

Automatic transaction syncing replaces manual statement sharing, allowing you to “click and forget” and avoid the end-of-year rush to reconcile transactions.

How do I connect?

We’re releasing this feature through Tide on the Web. To get started, visit https://web.tide.co/accountancy-software 106 (to access your account, you will need to scan the QR code from within your mobile-app) and click on “Accountancy software” in the left-hand navigation bar.

  1. After you click “Connect”, you will be redirected to Xero - you’ll need to enter your login details, to select your organisation, and grant Tide access. Once this is complete, you’ll be taken back to Tide to enter your sync settings.

  1. Select which of your Tide accounts you’d like to create a bank feed for. We’ll match your Tide accounts to any existing accounts in Xero. Don’t worry - if you haven’t yet created these accounts in Xero, we’ll do this for you. Please note that, at this stage, we only support GBP accounts.

  2. Choose the start date for the sync, or else feed your entire transaction history to date (maximum 12 months’ transactions). Note that the initial sync may result in duplicates if transactions within the chosen date range have already been uploaded to Xero.

  3. Tap “Sync” accounts to finalise. Tap “Accountancy software” for an up-to-date summary of the sync status of your accounts.

How is this different to Tide’s existing Xero feature on iOS?

In the first stage of our partnership with Xero, we built an integration to reconcile Tide transactions automatically based on the categorisation in our app. While this works well for companies with low transaction volumes, but less well for companies with high volumes or those that give their accountant access to Xero. If you’d like to know more about our past Xero integrations and why we’ve upgraded it, see here 4.

Our friends at Xero have given Tide early access to their bank-feed API. And so we listened to our members’ feedback, and have built a slick integration that regularly syncs transaction statements.

You can still use the existing integration on iOS, but please note that it can’t be used alongside the new bank-feed integration (you will be prompted to disable the existing integration when setting up the bank-feed).

  • created

    Nov '18
  • last reply

    Feb '19
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1 month later

Excellent! Makes such a difference. I had been hanging on to my Santander account at a cost of £90 per annum simply because of their integration with Xero. But now that Tide has progressed I feel confident enough to ditch the other bank.

2 months later

unpinned Feb 1, '19