How to Import Balance Sheet Report from Xero into Excel

Financial teams need up-to-date balance sheet data to make informed decisions. But manually exporting from Xero to Excel wastes time and creates outdated reports.

With Coefficient, you can pull live balance sheet data directly into Excel and keep it fresh automatically.

Step-by-step guide to importing Xero Balance Sheet Report into Excel

Step 1: Install Coefficient and connect to Xero

First, you’ll need to install the Coefficient add-in for Excel and connect it to your Xero account:

1. Insert Open Excel and click on thetab
2. Get Add-ins Clickin the ribbon
3. Search for “Coefficient” in the Office Add-ins store
4. Add Clickto install Coefficient
5. Home > Coefficient Once installed, open the Coefficient sidebar by clicking
6. Import Data Clickto begin

Step 2: Select Xero as your data source

Now you’ll connect to Xero and select the Balance Sheet Report:

1. Finance & Accounting In the Coefficient sidebar, selectcategory
2. Xero Click onfrom the list of available connectors
3. Log in to your Xero account when prompted
4. Import from Reports Select(not Objects)
5. Balance Sheet Report Choosefrom the available reports

Step 3: Configure and import your Balance Sheet Report

Now you can customize your report before importing:

1. Select the date range for your balance sheet (current month, quarter, year, etc.)
2. Choose any additional parameters or filters you need
3. Select the destination cell in your Excel spreadsheet
4. Import Clickto pull the data into Excel

Your Xero Balance Sheet Report will now appear in Excel with all accounts, balances, and totals properly formatted.

Step 4: Set up auto-refresh to keep your data current

Keep your balance sheet data fresh without manual updates:

1. In the Coefficient sidebar, click on the imported report
2. Schedule Refresh Select
3. Choose your preferred refresh frequency (hourly, daily, weekly)
4. Set specific times for the refresh to occur
5. Save Clickto activate the auto-refresh schedule

Now your Excel balance sheet will automatically update with the latest data from Xero on your schedule.

Available Xero reports and objects in Coefficient

Frequently asked questions

Take control of your financial reporting

Importing your Xero Balance Sheet Report into Excel with Coefficient transforms financial reporting from a manual chore into an automated process. You’ll save hours each month while ensuring everyone works with the most current data.

Finance teams can focus on analysis rather than data gathering. The live connection means your balance sheet is always accurate, eliminating version control issues and reducing errors.

With automated refreshes and distribution, stakeholders receive timely updates without manual intervention. This creates a more responsive financial operation that can quickly adapt to changing conditions.

Plus, once your data is in Excel, you can leverage familiar tools to create custom visualizations and analysis that aren’t possible in Xero alone.

Try Coefficient todayReady to streamline your financial reporting?and see how easy it is to keep your Excel spreadsheets synchronized with your Xero financial data.