The Business Advisory Blog

The Business Advisory Blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Greg Millar
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Fuel up with BP and Xero Connect in New Zealand (and Australia)

Hitting the road? Xero now integrates with the BP Fuelcard in New Zealand and the BP Plus Fuel Card in Australia, keeping small businesses on the road without the headache of holding onto physical receipts.

manners street signtraffic light-872BP has partnered with Xero Connect in New Zealand and Australia to enable business customers to automate the entry of monthly invoices related to fuel expenses into Xero. This solution is perfect for any business that needs to fuel up a work vehicle for business-related trips.

How Xero Connect works

With Xero Connect, invoices flow automatically into your Xero account, eliminating manual data entry, saving you time and helping you increase data accuracy. You can connect to your Xero account via the BP customer portal, provided you pay your invoices directly and not through a third party. You can also select your preferences, including the accounts you want your fuel expenses to be coded to. 

Once connected, the BP invoice will flow automatically into Xero as a draft bill awaiting your approval. When the invoice is paid, payment will appear in Xero and is matched to the bill for easy bank reconciliation.

General Manager of BP B2B Sales & Reseller in New Zealand, Haley Mahoney, says the company is always looking for ways to bring additional value to Fuelcard customers.

General Manager of Business Partnerships for BP Australia, Mike Hart adds that the Xero Connect partnership is another way BP is making business even easier for fuel card customers.

“Every business is always looking for ways to do things better: whether it be a little tweak to free up some time, a new tool that grants deeper insight or a fresh system to give more benefit over time. As a result of this partnership with Xero our customers will be able to feed their BP Plus fuel invoices automatically into their Xero account. Ultimately, helping customers save time, gain better accuracy and removing manual entry, giving them more time to focus on their business priorities.”

Keeping your business fuelled for longer

In New Zealand, the BP Fuelcard can be used at over 400 sites. BP Fuelcard also offers even more advantages. Features include up to 41-day credit terms for New Zealand (up to 51-day credit terms for Australia) and 24/7 online monitoring to provide even deeper detail and help minimise mistakes or even fraud occurring, plus the BPMe App lets you pay from the comfort of the car. 

BP New Zealand Fuelcard customers currently receive six cents per litre off the pump price, terms and conditions apply. For more information about how to apply for a BP Fuelcard (NZ), please click here.

The BP integration is now available to Xero customers in both New Zealand and Australia. More details on how to activate the integration is available on the Xero Connect website.

Still have questions about cloud accounting with Xero?

Alliotts are Xero Platinum Partners in Auckland. Always check with the Xero Certified Consultants at Alliotts in Auckland for professional advice. Contact us today for a free trial and to speak to one of our Xero certified advisors in Auckland about how to get the most out of using Xero in your business.

Source: Xero

Topics: business cloud accounting fuel New Zealand vehicle Xero