Xero-Integration

Xero-Integration

If you are a sole trader using Xero for your bookkeeping records then our integration will allow you to import your Profit & Loss report direct to the self employed pages of your tax return.  To save time we have mapped the default Xero headings to appropriate GoSimpleTax categories on the self employed page. If your Xero heading is not in the list below then once the profit and loss report has been imported to GoSimpleTax you will be able to map the heading manually and if you desire save this mapping for future imports. Please note that this feature is only available to Platinum Plan users.   Xero Code Xero Heading *Type SIMPLETAX CATEGORY 200 Sales Revenue Sales 260 Other Revenue Revenue Sales 270 Interest Income Revenue Sales 310 Cost of Goods Sold Direct Costs Goods for resale 320 Direct Wages Direct Costs Direct production costs 325 Direct Expenses Direct Costs Direct production costs 400 Advertising & Marketing Overhead Other mediums 401 Audit & Accountancy fees Overhead Accountant fees 404 Bank Fees Overhead Bank charges 408 Cleaning Overhead Other office related expenses 412 Consulting Overhead Other professional fees 420 Entertainment-100% business Overhead Other mediums 424 Entertainment - 0% Overhead Other entertainment expenses 425 Postage, Freight & Courier Overhead Postage/stationary 429 General Expenses Overhead Other 433 Insurance Overhead Other professional fees 437 Interest Paid Overhead Interest on loans 441 Legal Expenses Overhead Other professional fees 445 Light, Power, Heating Overhead Heating 449 Motor Vehicle Expenses Overhead Other vehicle related expenses 457 Operating Lease Payments Overhead Other equipment 461 Printing & Stationery Overhead Postage/stationary 463 IT Software and Consumables Overhead Software 465 Rates Overhead Business rates 469 Rent Overhead Rent 473 Repairs & Maintenance Overhead Repairs & maintenance 477 Salaries Overhead Salaries & Wages 478 Directors' Remuneration Overhead Salaries & Wages 479 Employers National Insurance Overhead Salaries & Wages 480 Staff Training Overhead Other staff costs 482 Pensions Costs Overhead Pensions 483 Medical Insurance Overhead Benefits for staff/employee 485 Subscriptions Overhead Other professional fees 489 Telephone & Internet Overhead Phone & Fax 493 Travel - National Overhead Other travel-related expenses 494 Travel - International Overhead Other travel-related expenses