Launch Week II Day 1: Accounting Integrations

Lago has introduced new integrations for its billing engine, enabling seamless synchronization of billing data with popular accounting tools Xero and NetSuite. This development allows finance teams to ensure accurate and up-to-date accounting without manual data transfers, addressing a highly requested feature by users. The integrations employ token-based authentication or OAuth for easy connection setup and include features such as real-time data syncing for customer management, invoices, credit notes, and payments, which enhances the efficiency of financial reporting. Additionally, these integrations involve item mapping for precise revenue recognition, aligning SKUs and unit economics with accounting rules. Notably, these integrations are premium add-ons, requiring maintenance for optimal performance, and detailed documentation and demos are available for users seeking further assistance.