Summary

This article is intended for online business owners who use Xero and are looking to sell their business on Flippa. It provides guidance on integrating their Xero account with their Flippa listing.

Details

About the Flippa Integration

• Flippa’s Xero Data Integration enables business owners using Xero to seamlessly connect their account to their Flippa listing.
• By connecting your Xero account with your listing, you provide prospective buyers with up-to-date financial data that updates automatically on a monthly basis.
• Prospective buyers will be able to review your opportunity having access to validated and relevant data, including monthly revenue, expenses, and profit.
• The connection between Xero and Flippa is one-way so any updates must be made within Xero.
• Xero adheres to industry security standards when linking your Flippa account and does not store your Flippa credentials.

How it works

Follow the instructions in this article if you use Flippa's Xero Data Integration. This integration enables you to automatically sync and update your monthly revenue, expenses, and profit from Xero to your Flippa listing.

• Log in to Xero using your Email address and Password
  

• Enter the 6-digit code found in your authenticator app
  
  

• Select the organization you want to integrate and continue
  
  

Note: It can take a few minutes for your data to display in your listing. To confirm that the integration has been successful, go to edit your listing and go to Integrations. You will see that is either connected or syncing, and will be able to disconnect at any time.

Data Flow Diagram

Frequently Asked Questions (FAQs)

Can I disconnect my Xero account when I have established a connection?

• Yes, you will be able to disconnect your account at any time

When can I connect my listing to Xero?

• You can either establish the connection when you are building your listing or once it is live. Just go to Edit Listing and proceed from the Integrations section.

What data will be pulled from Xero? 

• We collect what is necessary to display historic revenue and expenses.
• Upon connection. We will collect the total monthly revenue and total monthly expenses over the last 12 months
• Monthly, we refresh the connection to display the month that has ended.

Will I be sharing sensitive business data, such as customers or suppliers if I connect my Xero account?

• No, we will only show the total revenue and expenses broken down on a month-by-month basis. 

Will there  I be sharing sensitive business data, such as customers or suppliers if I connect my Xero account?

• No, we will only show the total revenue and expenses broken down on a month-by-month basis.

I manage multiple businesses, and for this purpose, I have several accounts in Xero. Will the data be unified? 

• No, when connecting you will be asked to select the entity you want to integrate with your listing.