Spend less time on accounts with Xero integration

Xero is business accounting software that enables small businesses, accountants, and bookkeepers to manage their finances in real-time.

To reconnect your World Account to Xero follow the steps below:

1. Connect your WorldFirst (user) account to your Xero (user) account
2. Connect your WorldFirst currency accounts to your Xero bank accounts

Before you connect your account, you should already have registered for a Xero account (please visit xero.com/signup/ to register if needed). After this, follow these steps:

1. Log in and click on the 'My Account' icon in the top right of the screen
2. Select 'Accounting apps' from the 'My Account' menu
3. Click 'Connect' for the Xero app
4. When prompted, enter your Xero account username and Xero account password
5. Select 'Allow access' to allow data sharing between WorldFirst and Xero (if you have more than one organisation within your Xero user account then select the appropriate one at this stage)

Please note that you are required to have created at least one WorldFirst currency account before you can connect to a Xero bank account feed.

For help and support, please email: xero.support@worldfirst.com You can also use our Live Chat functionality within the platform for any urgent queries.

You should connect WorldFirst to Xero, both at user account level and bank account level, directly from the WorldFirst platform. Synchronising Xero to your World Account from the Xero platform is not currently supported.

We've made some changes to World Account balances. Your new World Account platform now displays currency account balances. Your currency account is the pooled balance of all your receiving accounts.

For example, if you receive 100 GBP into one receiving account and 100 GBP into another, your total GBP currency account balance will be 200 GBP. Connection to a Xero bank account must be made from a currency account.

To connect your World Account currency accounts to a Xero bank account:

1. Identify the WorldFirst currency account to connect and click 'Connect'
2. Select either option (a) or option (b). (a) Create a new Xero [currency] account - Selecting this option will create a new bank account in Xero with the default name format: WorldFirst-[Currency code]. A new name can be entered. (b) Select an existing Xero bank account - Existing same currency Xero bank accounts will be listed 
3. Click 'Confirm'
4. View confirmation message and click 'Done' to return to the 'currency account' view
5. Transaction data will automatically be synchronised from any of your WorldFirst currency accounts connected to a Xero bank account within 60 minutes.

Transaction data will be synchronised to Xero hourly. After you first connect your WorldFirst currency accounts it may take up to 60 minutes to update.

Once your data has synchronised with Xero, a date-timestamp will be recorded within the WorldFirst currency account. If for any reason a transaction record fails to synch to Xero, then the next data synch will automatically reattempt to synch any missing records.

Yes, when a WorldFirst currency account is first connected, we will automatically share with Xero all transactions from / to the currency account since first use of this currency account.

You’ll need the Xero multi-currency subscription. You can then select the currencies you wish to trade in. 

We'll automatically and seamlessly post the following transaction data to your Xero account: 

• Transaction ID
• Transaction value
• Transaction type (credit or debit)
• Transaction date
• Reference and description

GBP, USD, EUR, CAD, JPY, AUD, SGD, NZD, HKD and CNH

If you've created a new account in Xero, rather than linking to an existing account, you'll need to manually update the balance by importing historical transactions. We can’t post any historical transactions on your behalf.

To protect your information, we'll only access the names of the bank accounts that you've set up in Xero.