Connect Omniboost with Xero. Obtain complete and up-to-date visibility of your accounting (integration) with your PMS and/or POS.

Type of integration: Financial data transfer between PMS/POS and Xero on a daily, monthly or weekly basis
Website: https://www.xero.com/

Table of content:

Supported features:

  • Daily, weekly or monthly 'end-of-day' transactions directly inserted from your PMS/POS into Xero
  • Ledger and cost center mapping available in Omniboost SaaS 
  • Direct connection to manual journals
  • Direct connection to sales journals
  • Debtors checked, created and/or updated on the fly
  • Automatic calculation of VAT 
  • Automatic calculation of commission costs for Payment Solution Providers
  • Reconciliation of received payments
  • Financial journals, entries and bookings fully compliant to Accounting Standards
  • Guest- and deposit ledger movements and calculations.
  • Easy setup via oauth and api integration between Omniboost and Xero

Data flow

By using Omniboost in combination with Xero you will save time and, more importantly, improve the data quality of your financial integrations. Want to take it even a step further? Omniboost offers Data Driven Intelligence by breaking down your existing (financial) data silos. With Omniboost you will take full advantage of all your financial data(sets). 

Frequently asked questions

How will the payments be posted?

The payments that are registered in the PMS system are linked to so called “suspense accounts”. Those are balance sheet accounts where the payments are parked until they are received via the bank account. For example, when you make use of Stripe or Adyen, we post the payments debit to the suspense account. A couple of days later you will receive the payment on your bank account and you can post them credit to this suspense account. 

What doesn’t your integration do?

The integration does not post the bank transactions, that happens in Xero where you can automate that. We also do not reconcile the payments. That is also part of handling the bank transactions. We post information regarding revenue, VAT, registered payments, movement in guest ledger and AR to Xero (depending on the type of PMS and the setup). 

How do I reconcile sales data synced to Xero?

The journal entries that we post to Xero can always be matched with specific overviews from the PMS system. Depending on the PMS there are a couple of overviews that can be used. 

Where can I find the journal entries?

The journal entries that are posted in the manual journal can be found as a draft (tab “draft”). The debtor information or invoices can be found at the invoices in Xero. 

How do payment processing fees appear in Xero?

When the data regarding payment processing fees (commission costs) is available in the PMS system and in the API of the PMS system, we can post those fees directly to Xero and deduct that from the original payment that was registered. When this is not available, we post the total payment and you have to split the eventual payment when it’s received on your bank account into a payment part and a commission cost part.  

When and how does data sync occur? Is it manual, automatic, on login, in real-time. Are there any settings related to synchronizing?

Data is synchronized usually at night and it’s always automatically done. Depending on the PMS there could be a slight delay of a couple of days in the integration. There is no real time data transfer. We generate one journal entry for the complete day.  

I don’t see any revenue in my P&L. How come?

That is because we post the journal entries as a draft. You have to select them and hit POST in order for the journal entries to become final. Then they will be shown in the P&L. 

Can I make use of tracking codes in the integration?

Yes, that is possible! In the mapping that is used to link the categories from the PMS to the ledger account codes in Xero it is possible to add the tracking categories from Xero. 

Get started today

Want to know more about Omniboost and the Xero integration, let's get you connected right away!

By using Omniboost in combination with Xero you will save time and, more importantly, improve the data quality of your financial integrations. Want to take it even a step further? Omniboost offers Data Driven Intelligence by breaking down your existing (financial) data silos. With Omniboost you will take full advantage of all your financial data(sets). 

Get connected?
Need to get connected? Contact our integrations team and get on-boarded in no-time! In search of custom Xero development? Our support team is happy to assist!