Reflow logo
Reflow

Setting Up Your Xero Account (My template)

TABLE OF CONTENTS

  1. Overview
  2. Objective
  3. Platforms Involved
  4. Scope
  5. Related Resources
  6. Use Case
  7. Workflow
  8. Exhibits / Appendices / Forms / Supporting Documents/Resources

Overview

This guide provides detailed steps on how to set up your Xero account effectively before your training call. It covers the essential actions required, including connecting your bank accounts and importing transactions.

Objective

The purpose of this guide is to ensure users can successfully set up their Xero account and prepare for financial management using the platform.

Platforms Involved

  • Xero

Scope

This guide applies to new users setting up their Xero accounts for business purposes. It focuses on connecting business bank accounts and excludes personal account connections.

Use Case

This guide applies to small business owners or accountants who need to set up their accounting software efficiently and prepare for upcoming training sessions.

Workflow

Step 1: Sign In

Start by locating the email invite you received for Xero. Click on the link to sign in.
Signing in to Xero

Step 2: Connect Your Bank Account

On the main dashboard, look for the option to connect your bank accounts. You can either click "Add an account" directly or navigate through the top ribbon by selecting "Accounting" and then "Bank Accounts".
Dashboard view
Add bank account
You will need to connect all bank accounts that are exclusively for your business.
Connecting business accounts

Step 3: Authorize Connection

After selecting your bank, log in using your bank credentials. Xero will not collect your credentials; you will provide them directly to your bank's login page.
Logging into bank
Once logged in, select the accounts you wish to connect and hit "Authorize".
Authorization process

Step 4: Import Transactions

You will be prompted to specify the date range for importing transactions. Make sure to choose the first day of the month of your boxed date.
Import transactions screen
If your boxed date is January 1st, select that date. If the bank does not allow going back that far, select the furthest back you can, ideally not more than 30 days.
Selecting date range
Once done, click "Finish".
Finish setup

Step 5: Upload Bank Statements

After successfully adding your accounts, you can download your PDF bank statements from your bank. Upload these statements to your Xero dashboard.
Uploading bank statements
During your training call, you'll be able to categorize these transactions properly.

Exhibits / Appendices / Forms / Supporting Documents/Resources

Change Control Log

  • Initial creation of the guide - [Date] - Created by [Author Name]
This guide provides a structured approach to setting up your Xero account, ensuring that all necessary steps are followed for effective financial management.
© 2025 Reflow, Terms of Service | Privacy Policy