The data sync between the systems typically occurs within 10 minutes of an event occurring either in Parakeet or Xero (highlighted in BOLD).
The only event which runs at the end of the business days
Note:
* For Bills paid via Bank account, the event is marked as 'PAID' after it has cleared by the banks, which can take up to 3 business days.
Therefore, although Parakeet has collected the payment, if the status is marked as 'CLEARING' in your Parakeet portal, then it will NOT reflect in Xero until it is marked as PAID.
| Event in Parakeet | Event in Xero | Time to Sync from event |
| Apply Recommended Chart of Accounts into Xero | Update Chart of Accounts | ~5 minutes |
| Receive Bill | Approve Bill | ~ 5 minutes |
| Update bill details | Update Bill details (e.g. amounts, due date) | ~ x minutes |
| Payment of a Bill* (when reach PAID status) | Record Payment against Bill | ~ 5 minutes |
| Receipt of Invoice | Approve Invoice | ~ 5 minutes |
| Update invoice details | Update Invoice details (e.g. amounts, due date) | ~ x minutes |
| Payment of an Invoice | Record Payment against Invoice | ~ 5 minutes |
| Bills & Invoices - Final Clearing Transfer for Bank Accounts Payables | Clearing Account Transfers (between Interim & Final Clearing) | - every 4 hours |
| Bills & Invoices - Final Clearing Transfer for Credit Card Payments | Clearing Account Transfers (between Interim & Final Clearing) | - every 4 hours |