How to Import Profit and Loss Report from Xero into Excel

Financial reporting shouldn’t eat up your day. Yet finance teams spend hours exporting Xero data and building reports in Excel.

What if your Profit and Loss Report could update itself? With live data from Xero?

This guide shows you how to import your Xero Profit and Loss Report directly into Excel using Coefficient.

Step-by-step guide to importing Xero Profit and Loss Report

Step 1: Install Coefficient and connect to Xero

First, you’ll need to install the Coefficient add-in for Excel:

• Open Excel
• Go to the Insert tab
• Click Get Add-ins
• Search for “Coefficient”
• Click Add to install

Once installed, open the Coefficient sidebar and click “Import Data” to begin.

Next, select Xero from the list of available connectors. You’ll be prompted to log in to your Xero account and authorize Coefficient to access your data.

Step 2: Import your Profit and Loss Report

After connecting to Xero:

• Select “Import from Reports” in the Coefficient sidebar
• Browse or search for “Profit and Loss Report”
• Configure your report parameters (date range, comparison periods, etc.)
• Click “Import” to bring your data into Excel

Your Profit and Loss Report will now appear in your Excel worksheet, formatted and ready for analysis.

Step 3: Set up auto-refresh (optional)

Keep your Profit and Loss data current by setting up automatic refreshes:

• Click on any cell in your imported data
• Open the Coefficient sidebar
• Click “Schedule Refresh”
• Choose your preferred frequency (hourly, daily, weekly)
• Set specific times or days for updates

Now your Excel Profit and Loss Report will update automatically with the latest Xero data.

Available Xero reports and objects

Frequently asked questions

Take control of your financial reporting

Importing your Xero Profit and Loss Report into Excel doesn’t have to be a manual chore. With Coefficient, you can create a live connection that keeps your financial data current and accessible.

This approach eliminates the tedious export-import cycle and reduces the risk of errors. Your finance team can focus on analysis rather than data gathering.

The ability to schedule automatic refreshes means your reports are always up-to-date. And with Coefficient’s automation features, you can distribute these reports to stakeholders without lifting a finger.

Financial reporting becomes simpler, more accurate, and more valuable when you connect Xero directly to Excel. Your data stays fresh, your insights remain relevant, and your team saves countless hours.

Try Coefficient todayReady to transform how you work with Xero financial data?and experience the difference that live data makes.