Frequently Asked Questions
Using Parolla allows you to select all the Xero bills or batch payments you wish to make from Xero and create a payment file which can be uploaded to your banking portal allowing for multiple payments to be made at once.
The system can generate:
- SEPA.xml Credit Transfer files
- Revolut.csv payment files
Parolla Plugins is a web application that generates VAT3 reports, payment files and tax codes.
You can connect a Xero organisation or create a company without an accounting-system connection and use CSV uploads for payment files. The Xero tools assist users with regional tasks in Ireland and Europe.
Each user receives three non-renewing free payment-file credits. After those credits, you can buy prepaid Pay As You Go credits or subscribe a company to Regular Payments.
- Pay As You Go: €3.50 per payment-file credit.
- Regular Payments: €15 per company per month, including three files, then €1 per additional file.
Every file can contain unlimited payment lines. Prices exclude VAT, and approved pricing takes effect on 1 December 2026.
The VAT3 Plugin will:
- Scan your transactions in the nominated date range
- Sort them according to tax type
- Identify potential miscoded tax types. For instance, a sales tax on a purchase invoice line item.
- Apply intra EU and reverse-charge tax rates for reporting
- Generate summary and details PDF reports
- Append the top number of selected pdf invoices/bills for audit reports
- Generate filtered Excel output files
- Generate Revenue compliant VAT3 xml files for upload to ROS
The Payment File Plugin generates electronic payment files for:
- Revolut Business Banking CSV files
- AIB-IBB SEPA Credit Transfer xml files
- Standard SEPA Credit Transfer xml files PAIN.001.001.03
The payment file plugin has three methods of operation:
- Select approved bills from Xero directly
- Select Bulk Payment Files from Xero directly
- Convert an uploaded xls spreadsheet or csv file