Xero Accounting Software
xero accounting software
Take the hassle out of looking after the figures: link your Metro business bank accounts directly to your accounting software.
Daily bank feeds
Always know where you stand financially with feeds from your accounts that refresh daily. Plus you’ll get a complete overview of everything that matters by linking multiple Metro Bank business accounts to Xero.
Xero app
Stay in complete control of your accounting, wherever you are, 24/7. The Xero app is available for iPhone, iPad, and Android phones and tablets so you can reconcile, send invoices, add receipts and create expense claims on the move.
Eligibility
Eligibility
Xero integrates with most of our Business Bank Accounts:
- Business Bank Account
- Community Current Account
- Business Foreign Currency Account
- Commercial Current Account
- Business Instant Deposit Account
- Business Credit Card
- Client Premium Deposit Account
- Business Notice Account (account no longer available)
- Business Start-up (account no longer available)
- Business Switcher (account no longer available)
The following accounts do not allow integration with Xero Accounting Software:
Pricing
Pricing
Xero collect £1 +VAT per month for each account on behalf of Metro Bank. The fee gets added on to your Xero subscription.
You can set up direct feeds from as many of your accounts as you like.
Check the Terms and Conditions on the Xero website
Getting started
Getting started
How to sign up
You'll need to:
1. Set up a subscription to Xero accounting software at the Xero website
2. Give us permission to disclose information about your accounts to Xero by completing an Authority to Disclose Information form
3. Activate your direct bank feeds with us
If you use Business Internet Banking you fill in the form and activate your feeds online. If you use Business Online Plus or Commercial Online Banking, you need to do this by post. Read on for more on how to do this.
What you need to know
We’re up front with our customers about everything. We’ve created this handy summary of Xero Accounting key features so you can see the important information from the get-go.
Start dates for receiving transactions
Once we have all the relevant information, it takes 2 working days to activate a direct bank feed.
Feeds are sent daily Monday to Friday.
Past transactions
Transactions from before you had a feed in place won’t be sent to Xero. You’ll need to input those manually – or, if you were already using Xero, just keep inputting your transactions as normal until your feeds start up.
Having problems connecting your account to Xero?
To connect your account to Xero, your personal information needs to match up. If the personal information you gave us is different to what you tell Xero, you’ll be asked to enter it again.
Common mismatches are:
- ‘Invalid organisation’ – this might happen if your organisation name doesn’t match up between us and Xero. To make sure it’s an exact match, try copying and pasting the organisation name from the top left corner of your Xero screen.
- ‘Invalid user’ – this might happen if your email address doesn’t match up between us and Xero. Again, try copying and pasting from your Xero screen. To see your email address, click on your name in the top right corner of your Xero screen, then click Account.
Get all the details to read at your leisure
Download our PDF to read when you like - it contains all the the need-to-know details of the Xero Direct Feeds service.
Our Terms and Conditions with Xero customers.
FAQs
Got a question? Find your answers here.
-
Can I set up my feeds from my internet banking?
If you use Business Internet Banking you can request feeds online through your internet banking. If you use Business Online Plus or Commercial Online Banking you need to complete the paper application form and send it back to us.
-
How much does it cost?
Your feeds cost £1 +VAT per account, per month. This is added on to your Xero subscription fee.
-
Will the feed import my past transactions?
No, transactions from before you had a feed in place won’t be sent to Xero. You’ll need to input those manually – or, if you were already using Xero, just keep inputting your transactions as normal until your feeds start up.
some things you might like...
BORROWING FROM US
Business Overdrafts
Get help when you need it most, with a fixed rate for arranged overdrafts of less than £25,000 and no hidden fees.
FSCS
Protecting your money
Your eligible deposits with Metro Bank are protected by the FSCS.
