Understanding the Integration of Spiro with QuickBooks & Xero
Explanation of Invoicing in Spiro
Spiro handles invoices effectively within the system.
Unpaid and paid invoices can be managed and tracked within Spiro.
Clients can also view and manage invoices in their portal.
Why Native Integration with QuickBooks/Xero is Not Necessary
Spiro covers all invoicing needs, reducing the need for duplication in QuickBooks.
Recreating invoices in QuickBooks can lead to confusion and errors.
How Revenue is Synced with QuickBooks
Revenue is automatically synced with QuickBooks when bank feeds are synchronized.
Payments received from clients are categorized as revenue in QuickBooks.
Utilizing Spiro for Financial Metrics
Spiro offers a dashboard for tracking metrics and financial data.
Metrics like average order value, revenue comparison, new clients, and inactive clients are easily accessible in Spiro.
Managing Business Health with Spiro
Spiro is designed to manage large businesses effectively.
It provides insights into the health of the business and guides future decisions.
Avoiding Duplicate Work
Creating invoices in both Spiro and QuickBooks is unnecessary duplication.
All necessary financial information can be obtained from Spiro.