HeirWealth & Xero Integration simplifies and enhances asset visibility
HeirWealth’s integration with Xero’s Accounting software allows you to sync asset data and valuations with ease.
If your family or business uses Xero and HeirWealth then you are in a superior position when it comes to visualising all of your assets, be they traditional like shares and property and alternatives such as crypto currencies and prized collectables. The HeirWealth Integration with Xero brings through balance sheet items and bank accounts automatically. Ultimately it helps our customers save time importing financial data, accessing asset information and obtaining valuations.
Features
Any asset that is being tracked in Xero can be imported into HeirWealth, where it can then be enriched with further metadata that allows for deeper analytics, reporting and forecasting.
There is no need to link bank accounts twice or perform manual data entry. Any bank account linked with Xero will automatically connect to HeirWealth at the touch of a button.
Getting started
Where to find the Xero Integration
- Navigate to the Wealth > Connect External Accounts page on the menu
- Select “Xero”
Connect a Xero tenant
- After selecting Xero, follow the instructions of the Xero OAuth flow
- Once authenticated with Xero, select which organisations within Xero that you wish to connect. If you have multiple organisations, you will need to repeat this step for each one
- You will then be redirected to HeirWealth where all your bank accounts and balance sheet items will appear
Complete connected accounts in HeirWealth
- Assign ownership by selecting the family entity or entities that owns the Xero organisation
- Xero bank accounts and balance sheet items will now be visible on the Wealth List
Update a Xero Connection
- follow the connect flow above to update any of the assets or bank accounts that you would like connected to HeirWealth.
Remove a Xero Connection
- To remove a Xero connection, delete it form the Connect External Accounts page
- This will give the option of removing the connection to Xero but retaining the asset history, or deleting the associated assets from HeirWealth.
FAQs
As a third-party application with ISO 27001 certification and robust encryption protocols both at rest and in transit, our secure Xero integration involves connecting to Xero using OAuth 2.0 for authentication and authorisation. This process ensures that user consent is obtained, and access tokens are securely managed to maintain session security. All data exchanges occur over HTTPS, ensuring encrypted communication. Our integration adheres to scoped permissions to limit data access strictly to what the user authorizes. We implement comprehensive error handling, secure logging practices, and comply with all relevant regulations. Additionally, our role-based access control (RBAC) and multi-factor authentication (MFA) enhance security by ensuring only authorized users can access specific data. Our commitment to secure coding practices, along with regular monitoring, audits, and updates, ensures the ongoing security and integrity of the integration.
Currently, you cannot write data back into Xero from HeirWealth. This is a one way integration from Xero into HeirWealth.
You can disconnect from a Xero Integration at any time. Just go through to the Connect External Accounts page and then delete the integration by clicking the bin icon on the right hand side of the connection that you wish to remove.
There is no charge for the number of Xero integrations that you have back into HeirWealth. These are accounted for within our regular subscription pricing.
Data is automatically updated overnight local time. The auto-update button is selected by default in your ‘Connected Accounts’ page.
Yes you can do this by going to the ‘Connected Accounts’ page and selecting the refresh icon next to the account you want to update.
No, data integration is one way. HeirWealth mirrors data entered into Xero only. If you notice any incorrect or out of date information from Xero, you will need to update this in Xero in order for it to display correctly in HeirWealth.