Plugbooks makes it easy to map your transaction types to the right accounts in your bookkeeping software, such as Xero or QuickBooks. You can either let Plugbooks auto-map your accounts or update the chart of account mapping manually, ensuring accurate financial records.
Step 1: Log in to Plugbooks
Log in to your Plugbooks account using your credentials. Once logged in, you’ll have access to the dashboard and other key features.
Step 2: Navigate to Account & Tax Mapping
In the sidebar menu, find and click on Account & Tax Mapping. This will expand a submenu. Click again on Account & Tax Mapping, which will direct you to the mapping page.
Step 3: Use Auto Mapping (Optional)
If you prefer not to manually map transactions, Plugbooks offers an Auto Mapping option. Click on the Auto Mapping button, and Plugbooks will automatically map transaction types to appropriate accounts in your bookkeeping system. These accounts will be created automatically in Xero or QuickBooks based on default settings.
Step 4: Manual Mapping
In the manual mapping section, you’ll see main categories for transaction types. When you expand each category, it will show individual transactions that need to be mapped.
Next to each transaction, there is a dropdown menu where you can select the appropriate chart of accounts from your bookkeeping system. Simply select the correct account for each transaction type from the dropdown.
Step 5: Refresh Chart of Accounts (If Needed)
If the desired chart of accounts isn’t showing up in the dropdown, click the Refresh button. This will retrieve the latest chart of accounts from your bookkeeping software.
Step 6: Save Your Mapping
Once you’ve finished updating the chart of accounts, click the Submit button at the bottom of the table to save your changes. This will ensure that future transactions are properly categorized when you Update Chart of Account Mapping in Plugbooks for your bookkeeping system.
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By following these steps, you can ensure your account mapping stays up to date and your transactions are accurately reflected in Xero or QuickBooks. Plugbooks gives you the flexibility to map accounts manually or rely on auto-mapping, providing the best solution for your bookkeeping needs.