Call for Assistance: 02033 259 341
Spondoo Accounting
Call for Assistance: 02033 259 341
Spondoo Accounting

How to integrate Starling Business account with Xero

December 6, 2021

Xero is an online accounting software platform for small businesses with tools for – tracking projects, reconciling accounts, as well as managing sales and purchase transactions. 

Starling Bank is a licensed and regulated digital challenger bank that focuses on current business account products. It provides B2B banking and payments services through its Banking-as-a-Service model based on the proprietary technology platform used to power its bank. 

Integrating your Starling business account with Xero 

To connect your Starling account to Xero, you need to: 

  • Visit the Marketplace section of the Starling app. It is on the primary GBP account menu. 
  • Click on the Browse option. 
  • In the accounting section, choose Xero. 
  • Click Add- at this stage, you will be asked to confirm if you are an existing Xero customer or want to sign up. 
  • If you already have an account with Xero, select login to Xero. 
  • Select the Starling accounts from which you want to share the transactions to Xero. 
  • Confirm that you accept to share your data. 
  • You will be redirected to Xero to log in with your Xero details.  
  • When logged in, select the organisation in Xero you wish to link your Starling account.  
  • On the next screen, select a Xero account to link each of your Starling accounts. You should also choose a date from which to share transactions. If this is the first time you are connecting a Starling account to Xero, it is advisable to select the option to create a new Xero account. If you linked an account previously, you should choose your previously linked Xero account on this page.

Benefits of linking your Starling business account with Xero 

You stand to benefit in the following ways if you integrate your Starling business account with Xero: 

  • Your transaction data is shared automatically and instantly with Xero, eradicating overnight updates or download requests. 
  • You can easily share every Starling transaction you have made in the last year. 
  • You can bank with no borders if your business goes beyond the UK. 
  • You can instantly share your Starling multi-currency transactions with Xero if you are on Xero’s Premium plan. 

more tips

Can You Claim Food as a Business Expense?

The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.

Self-Employed National Insurance Class 2 and Class 4 Rates

If you are sixteen and over, self-employed (sole trader or in a partnership) and making a profit befitting the ‘small profits threshold’, you are liable to pay national insurance.

Key UK Personal Tax Year Dates & Deadlines 2021/2022

Are deadlines creeping up on you? Spondoo is here to ensure you keep on top of things and take control again. These are the important dates you should take note of.

How To Set Up A Limited Company 

A Step-by-Step Guide  This is an easy-to-understand, step-by-step guide, to opening a successful limited company. But before we dive in, let’s check the legality surrounding it. 

Accountants in Haslemere, Surrey

We are qualified accountants providing personal and professional services for start-ups, established companies and individuals in and around the Halsemere area in Surrey. With the rise in technology, we have embraced the digitisation of accounting using efficient digital accounting tools to offer reliable services to our customers. Our goal remains to get our clients the best accounting and taxation services at the most affordable rates.

Onsite Canteen and Lunch Vouchers - Are They Taxable?

The provision of food and drink to an employee by their employer is a lovely thing to do. Eventually, it promotes teamwork, loyalty, a sense of belonging and even improves productivity. Taking it at face value makes it look like a simple act of kindness. However, unless it is done correctly, it can cause tax and national insurance compliance issues for the employer.
1 2 3 41
Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.
© Copyright 2023 - Spondoo - All Rights Reserved
How, can we help?
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram