# Xero

[Xero accounting software](https://www.xero.com/us/) is a cloud-based accounting solution that helps small businesses save time and money. With Xero, you can manage your finances from anywhere in the world, track your expenses, and invoices in real-time. Plus, Xero integrates with over 700 apps to help you run your business seamlessly. Whether you're just starting out or have been in business for years, Xero has the tools and features you need to take your business to the next level. Are you looking to integrate cryptocurrency (crypto) data with Xero? Then look no further than the Ledgible Crypto Accounting Platform.

## How to Integrate Ledgible Crypto with Xero

Prefer watching to reading?  Check out a video [tutorial for this article](/content/enterprise-accounting/index.html), and many others, on the [Ledgible YouTube channel](https://www.youtube.com/channel/UC5XwYep-z7tjHN_1SeDGUvQ)!

Ledgible Tutorial - Configuring your Xero Integration - YouTube

Tap to unmute

[Ledgible Tutorial - Configuring your Xero Integration](https://www.youtube.com/watch?v=7UH1W_mQhXw) [Ledgible](https://www.youtube-nocookie.com/channel/UC5XwYep-z7tjHN_1SeDGUvQ)

Ledgible38 subscribers

Setting up your Ledgible wallet to automatically sync to your Xero account is quick and straightforward.  Just follow the steps below or by visiting our Help Hub, [here](https://verady.zendesk.com/hc/en-us/articles/360030911352-Setting-up-the-Xero-Integration).

## Connect Ledgible Crytpo to your Xero Account

1. While logged into your Ledgible account, click the **Integrations** tab on the navigation bar at the top of the page.
2. On the **Integrations** page, click the green **Connect to Xero** button on the bottom left.
3. Enter your Xero account log-in credentials, then click the blue **Log In** button to authenticate.
4. Click the green **Allow Access** button to authorize Ledgible to view and update your Xero data.

## Set Up Mapping of Wallets to your Xero Instance

After granting Ledgible access to your Xero account, you will be directed to the **Account Mapping Setup** wizard.  The wizard will guide you through choosing the following:

- The **Default Asset Account**, the Xero balance sheet account where crypto activity from Ledgible will be sent by default.
- The **Default Income Account**, the Xero account where inbound Ledgible Account entries will be sent by default.
- The **Default Expense Account**, the Xero account where outbound Ledgible Account entries will be sent by default.
- The **Default Fee Account**, the Xero account where fees generated by your blockchain transactions will be sent by default.

1. For each account type, click the **Select Account** dropdown menu to show the list of options to map to from your Xero account.
2. Make mapping selections for all four account types, then click the **Next** button.
3. Click the Close button on the confirmation screen to exit the mapping wizard.

## Set a Minimum Value Threshold for Sending Entries to Xero (Optional)

On the settings page for your Xero integration in Ledgible, there is an option to set an **Asset Value Filter**.

As many cryptocurrency transactions occur at prices which are immaterial - even, in some cases, well below a single US cent ($0.01) - you may wish to exclude these from the activity you import into Xero.

This can be achieved via the following:

1. Click the slider icon to the right of **Asset Value Filter** in the **Integration Options** section.
2. To edit or set the minimum asset value for the filter, click the pencil icon.
3. Type in the USD value which you would like to set the filter at, and click the green check mark to save your entry.

Your asset filter value threshold has now been set - you can always return to modify the setting, or disable the filter, at your leisure.

## Set the Sync Mode for How Entries are Posted to Xero (Optional)

Under the **Integration Options** heading, you will also see a setting called **Sync Mode**.  This setting controls how Ledgible posts your account data to Xero during the daily update.

The default sync mode for the Xero integration in Ledgible Crypto Accounting is **Summary** mode, which posts your account data via daily Journal entries to Xero. **Summary** mode posts a rollup of your data on a daily basis.  One summary per mapped account is posted to Xero each day that there are associated transactions in your Ledgible account. This mode provides a high level view of your cryptocurrency transactions in Xero.

Alternatively, you can opt to use **Transaction** mode, which posts your Ledgible data to Xero on a per-transaction basis (also updated once daily). **Transaction** mode will post each transaction and all of its associated data from your Ledgible account to Xero.  This option includes more transaction detail than **Summary** mode and adds the flexibility to sort based on each transaction's attributes (such as contacts, type, etc) in Xero.

You can change your **Sync Mode** to **Transaction** mode through the following steps:

1. Log in to your [Ledgible account](https://app.ledgible.io/accounting).  
2. Select the **Integrations** tab from the top of any page.  
3. Select the **Manage** button under Xero.  
4. Click the down arrow to the right of **Sync Mode** under the **Integration Options** heading.  
5. Select the radio button (circle) next to **Transaction** to select transaction mode for your Xero sync.  If this is your first time changing this setting, the default is **Summary** mode.
6. Click the **Save** button to save your changes.  You can also choose the **Cancel** button to cancel any changes to the sync mode.  Once you select the **Save** button, a green circle with a check mark will display to the right of the **Integration Options** heading to indicate that your changes were saved.

## Create Wallet-Specific Mappings (Optional)

If you have multiple wallets, or multiple assets or tokens tracked within a single wallet, you may not wish to direct all of your crypto activity to the same accounts in Xero.  You can create custom mappings for a wallet, which override the defaults you set up via the account mapping wizard, using the **Wallet Mappings** section below **Default Accounts**.

1. In the **Wallet Mappings** section, click the arrow on the right side of the panel pertaining to the wallet you want to create custom mappings for.
2. Click the blue **Edit** button on the mapping section that opens.
3. As with the mapping in the account wizard, simply select the Xero accounts that you would like this wallet or asset to map to.  When you are satisfied, click the green **Save** button to save your changes.

## Helpful Hints

- Integrations (including Xero) are available to customers on the **Silver** and higher plans.
- If you are the account owner, you can view and upgrade your plan by going to the **Settings** button on the upper right.  Other **Team Members** may view but not edit the  **Current Plan,** which will be listed on the **General** tab under the **Subscription & Billing** heading.
- The account owner can edit your subscription by selecting the **Subscribe** or **Change** button.
- If you need to access to the Xero integration but the **Subscribe** button is grayed out, please contact your account owner to authorize an upgrade to your current subscription plan.