Can I integrate my business loan with Xero and MYOB?
Last Updated: 16 Dec 2015
Yes you can. ASB offers an automated Bank feed between our systems and Xero/MYOB . Because your loan repayments are split into interest and principal, when it comes to the end of your tax year it is very easy to look back and calculate how much interest you can claim back as an expense.
Initiate once online, the bank feed takes effect immediately and can also be applied retrospectively to any point in the last 12 months. It provides full view of your accounts 365 days a year, and is updated at 6.30am every morning.
Did this answer your question?
Related Answers
-
To log in to FastNet Business: Type your FastNet Business client ID. Your client ID is a number assigned to ...
-
Yes. FastNet Business allows you to view and modify existing automatic payments and create new ones. You can use this ...
-
Yes. Follow these steps to create a Direct Credit, Payroll, Creditors, or Credit Cards bulk payment from scratch. Before you ...
-
Yes. FastNet Business supports a range of file formats for use with other applications. For more information on supported files, ...
-
Yes. With FastNet Business, you can set up tax and other payments to pay Inland Revenue, either immediately, or automatically ...
