Xero integration with TorFX
Automate your FX transactions
Seamlessly sync your transactions and reconcile your data automatically when you connect TorFX to Xero.
Benefits of connecting your Xero account with TorFX.
Efficiency and time savings
Eliminate the need for manual data entry or reconciliation. Transactions are automatically updated, saving time and reducing the risk of errors.
Real-time insights
Make informed financial decisions with real-time data on FX transactions and account balances within Xero.
Streamlined record-keeping
Ensure transactions are recorded to maintain accurate financial records for compliance, audits, and financial reporting.
Enhanced accuracy
Automation reduces the risk of errors, which can lead to costly mistakes and discrepancies in financial records.
How our Xero integration works.
Click to connect
Log into your TorFX account and follow the prompts to start the connection.
Select your wallets
Choose all the wallets in your TorFX account that you want to sync with Xero (including the transactions and balances).
Sync and save time
Your TorFX transfers will now flow automatically into Xero, where you can easily review them.
Frequently asked questions.
Automated bank feeds. This means that all transactions are automatically sent to Xero. After establishing a secure connection and integrating TorFX with your Xero account, bank transactions will automatically synchronise.
No, the Xero account is not required to send and receive money with TorFX. However, this integration will save time by eliminating manual data entry and unnecessary crosschecking between accounts.
Yes, after linking your accounts, you will have access to a transaction list for each of the TorFX currency accounts you established during the setup process. If you would like to stop syncing your TorFX transactions, you can turn this off by going to connection settings and turning off ‘Bank feed sync’.
The following data is automatically shared to a connected Xero account:
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Transaction date
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Transaction type (credit or debit)
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Transaction value
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Transaction reference
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Transaction description, including payee information and total wallet balances.