At TRES, we understand the challenges businesses face when managing and monitoring Web3 assets alongside traditional financial systems. That’s why we’re thrilled to announce that TRES is now available on the Xero App store, enabling Xero customers to simplify their financial workflows like reconciliation, balance calculation, auditing, and reporting for Web3 assets—from on-ramp to off-ramp.
🔗 Click here to view TRES on the Xero App Store
Seamlessly Connect Blockchain and Traditional Accounting
The integration between TRES Finance and Xero harnesses the power of Xero’s API to streamline financial reconciliation for businesses operating in both traditional and blockchain-based ecosystems. With this innovative solution, you can:
- Push blockchain transactions—including payments and receipts—directly into Xero.
- Align digital asset activity with your accounting records effortlessly.
- Reduce manual data entry while improving accuracy.
A Unified Financial View
By utilizing Xero’s bank transaction, invoice, and bill APIs, TRES Finance allows you to reconcile cryptocurrency and digital asset transactions alongside fiat transactions within the same accounting platform. This creates a single, unified financial view, enabling efficient management and reconciliation of all your financial activities.
Enhanced Records for Better Auditability and Compliance
Our integration goes beyond basic transaction syncing by leveraging the Xero API to include essential blockchain transaction details such as wallet addresses, transaction hashes, and timestamps directly within your Xero records. This enriches your financial records with valuable metadata, improving auditability and simplifying compliance reporting.
With real-time syncing, your accounting system will always reflect the latest blockchain transactions as soon as they are pushed into Xero.
Customization to Fit Your Business Needs
Every business has unique requirements, and our integration ensures flexibility through custom rules and categorization. Tailor the reconciliation process to your specific needs, ensuring efficient workflows and accurate transaction categorization.
Bridging the Gap Between Web3 and Traditional Finance
TRES Finance’s integration with Xero bridges the gap between traditional accounting systems and blockchain finance. By enabling faster reconciliation, enhanced accuracy, and greater transparency, this integration helps businesses streamline their financial operations and focus on growth.
Start Simplifying Your Financial Workflows Today
Ready to bring efficiency and accuracy to your Web3 financial management? Learn more about the TRES Finance and Xero integration and get started today!