Map accounts to tax lines
Efficiently prepare client financial data for tax at year-end by mapping their chart of accounts to lines in tax forms 1040 - Schedules C and E (one property), 1065, 1120, and 1120S.Learn more
Reduce manual data entry
Xero brings all your client’s year-end financial data together in a simple workflow, reducing the need for manual workarounds and third party tools.
Ensure data accuracy
Once your mappings are complete, audit your work by viewing a report that breaks down each tax line with the mapped accounts. If errors are discovered, adjustments can easily be made and the report will refresh with the updated financial information.
Tax software agnostic
Bridge the gap between Xero and your tax software by exporting a CSV of the completed mappings. Once formatted to meet the criteria of your tax provider, the data can then be imported into the tax software of your choice.
Directly connect Xero to industry-leading tax solutions
Integrate Xero with CCH Axcess Financial Prep
Efficiently complete tax preparation engagements by transferring your client’s Xero trial balance into CCH Axcess Financial Prep – eliminating the need to manually export, import, and enter data.
Integrate Xero with CrossLink Business
Send your clients’ Xero income statements and balance sheets directly into tax returns within CrossLink. Once imported, the newly added financial data can be easily classified and mapped – improving speed and accuracy.
Xero +C for self-employed clients
Transform your self-employed client’s stack of receipts into a year-round digital workflow. Connect their bank and use a customized chart of accounts that maps directly into a Schedule C report to efficiently and accurately manage self-employed client data.Learn more