Introducing: Xero Integration

Learn about how the Optix and Xero integration can transform your coworking space
By The Optix Team
January 23, 2020
Optix and Xero integration

We are excited to announce the release of a new integration app between Optix and Xero. Managing finances and accounting for your coworking business has never been easier.

New to accounting software? We’re here to help. Take a look at our guide to accounting software for coworking spaces to get started.

Here are a few things you should know about our newest integration app:

1. Sync your invoices across apps

Record keeping made easy with full replication of Optix invoices in Xero. Sequential invoicing functionality ensures that all of your invoices are generated in sequence, regardless of which system they were created in. This is useful from both a management control and compliance standpoint, creating clean and clear records for all transactions.

2. Track your revenue streams

One of the biggest pieces of feedback we’ve received is that coworking space operators want to be able to better understand where revenue is coming from. By mapping Plans and Spaces in Optix to Accounts in Xero, you can automatically classify all your revenue to better understand your financial performance. No need to manually sift through charges in an excel sheet.

3. Accept payment in either system

While we always recommend collecting payment by integrating a payment gateway with Optix, the Xero integration supports the payment of invoices in either system. Upon payment, the invoice will be marked as paid in both Xero and Optix. This provides real time visibility into payments for all members of your team, regardless of which system they are working in.

4. Automate user creation 

Simplify your new member onboarding process by allowing the integration to automatically create new customer records in Xero when a new member is added to Optix.

Not using Xero?

Don’t worry! We also have a direct integration app with Quickbooks Online. Optix also supports a number of integrations with other accounting systems through Zapier. If you need help or have questions, reach out directly to our customer success team.