Whenever you make a new farm on Figured, you'll see a setup wizard appear.
The wizard must be completed before you can move on to the rest of your farm setup.
Step 1: Import accounts
This step will bring in your Xero chart of accounts, once it's grabbed your bank accounts (nominated in Xero), it'll progress you to the next step.
Step 2: Confirm bank accounts
On the next step you'll be confirming what bank accounts you'd like to have in Figured - these will make up your opening and closing bank account balance.
Step 3: Select default bank account
Every farm has one default bank account. For Xero Cashbook users, this is the account that we'll use to raise spend or receive money transactions for any posted actuals.
NOTE: This step will only show accounts you setup as bank in the prior step.
Step 4: Automatic categorisation
The final step of your setup wizard will automatically categorise your Xero chart of accounts for you! It uses machine learning to look at thousands of other farms on Figured to see and understand how other farmers on Figured categorise their accounts.
You can hit Finish to continue setting up your farm, or Account configuration if you'd like to go straight to seeing how the accounts were categorised.