Use Parolla + Xero to Integrate Payroll and Accounting
Calculate Payroll Costs
Parolla calculates all employee income, benefits, deductions, reimbursements and taxes according to Irish tax law.
Parolla provides a gateway for your employees to enter their expenses as incurred for business purposes.
The bills created in Parolla are synchronised with Xero. Employee payments are created as accounts payable invoices. Payments to Revenue are created as liabilities that are cleared upon payment of a your Revenue tax bill
How We Integrate With Xero
Parolla maps your employees and payment recipients with Xero contacts. We also create or maps the payroll chart of accounts into your Xero chart of accounts. Regions and departments are classified as categories to assist with maintaining cost centers. We also can create or map typical VAT rates for Ireland into your Xero sales taxes.
When you complete a pay run all the required transactions are then exported into Xero. You can choose to keep employee payment information confidential using an anonymous clearing account, or simply use the bank statement reconciliation processes.
Xero is world-leading online accounting software built for small business.
- Get a real-time view of your cashflow. Log in anytime, anywhere on your Mac, PC, tablet or phone to get a real-time view of your cash flow. It’s small business accounting software that’s simple, smart and occasionally magical.
- Run your business on the go. Use our mobile app to reconcile, send invoices, or create expense claims – from anywhere.
- Get paid faster with online invoicing. Send online invoices to your customers – and get updated when they’re opened.
- Reconcile in seconds. Xero imports and categorises your latest bank transactions. Just click ok to reconcile.
Find out more or try Xero Accounting Software for free.