Nella for Xero

What it reads

What Nella reads from Xero

• Monthly profit and loss, by section and by account
• Balance sheet, trial balance and your full chart of accounts
• Receivables and payables position, with debtor and creditor days
• Sales concentration — how much of your income sits with one customer
• Supplier concentration on the purchase side
• Bank feed coverage, so gaps in reconciled data are visible rather than silent
• Organization settings, including your fiscal year end
• Xero’s own 1099-NEC report, listing the contacts your business has set up for 1099

Nella reads what is recorded in Xero. If invoices are unentered or the bank feed is behind, the figures reflect that — the same as any report you would run yourself. Nella flags the gaps it can see in feed coverage, but it cannot infer transactions that were never entered. One Xero-specific limit worth knowing: manual journals are not currently readable on this connection tier, so transaction-level detail is built from bank transactions and invoices. Reported totals are unaffected. For 1099-NEC, Nella uses Xero’s own report, which lists only the contacts set up for 1099 in Xero; a contractor who was never set up there does not appear.

In practice

Questions you can ask

• “How much cash will I have at the end of next month?”
• “Which customers owe me the most, and how late are they?”
• “What is my gross margin this quarter versus last?”
• “When is my next Form 941 due?”
• “Has anything unusual gone through the accounts this month?”
• “How much of my revenue comes from my biggest customer?”
• “Which contractors are on my 1099-NEC review list this year?”

Nella provides financial information and education, not accounting or tax advice.

Setup

How to connect Xero

The boundary

What Nella cannot do in Xero

There is a fixed list of things Nella does not do in Xero — not as a setting you could change, but because the permission is never requested.

• Create, edit, void or delete invoices, bills, credit notes or journals
• Reconcile bank transactions or change how anything is coded
• File anything with the IRS, the Social Security Administration or a state tax agency
• Move money, pay a supplier or set up a payment
• Change your chart of accounts, settings or user permissions

More detail on the security and data page.