Xero and Retention Track
Retention Track's Xero integration allows you to gain visibility over your outstanding retentions and automate your reclaiming process without the hassle. Retention Track will monitor your Xero retention balances, automatically calculate your outstanding retention balance per contract and even rectify mistreatment of outstanding retention money saving you time and money.
How does it work?
Once connected, Retention Track will monitor your retention balances and handle the end-to-end recovery of the retention money from when it is first recorded to the completion of your project. Xero then handles the invoicing and financials of your business which Retention Track will keep up to date with allowing you to generate reliable business reports on both platforms.
The below diagram illustrates the data flow between Retention Track and Xero.
