Workpaper automation with MyWorkpapers EU: boost your audit efficiency

How many hours does your EU accounting team spend manually entering data each year and how could you reinvest that time with automation?

Workpaper automation with MyWorkpapers EU: boost your audit efficiency the smart way

If you’re an EU accountant frustrated by manual data entry, workpaper automation with MyWorkpapers EU is your smart solution, seamlessly pulling Xero financial data directly into audit workpapers to save time, reduce errors, and streamline compliance.

What is workpaper automation with MyWorkpapers EU?

Workpaper automation with MyWorkpapers EU is a cloud-based workflow enhancer that directly integrates Xero transactional and financial data into your MyWorkpapers templates, without manual keying, export-import hassles, or spreadsheet errors.

Stephen Burgess, MyWorkpapers’ Sales Director, sums it up:

“Our clients across Europe wanted to eliminate manual toggling and enjoy a ‘factory line’ approach to compliance work, letting automation do the heavy lifting.”

Missed the EU-specific webinar? Watch the full recording here .

Why automate workpapers with MyWorkpapers EU? Common pain points addressed

Feedback from EU auditors highlights:

• Excessive back-and-forth between accounting software and workpapers wastes precious time.
• Manual data entry errors cause costly delays, especially near deadlines.
• Inconsistent templates complicate reviews and hinder standardisation.
• Trial balance data alone doesn’t offer full transactional insight.

Amber Anderson, former auditor and MyWorkpapers content lead, says:

“Auditors want detailed transactional visibility straight from their workpapers, without needing to jump between systems.”

Strategic value of workpaper automation with MyWorkpapers EU: more than just saving time

Automation with MyWorkpapers EU lets you focus on professional judgement, risk assessment, and client advisory rather than tedious data gathering. As ICAEW notes, digital tools are driving the profession towards smarter, risk-based audit practices.

Explore ICAEW’s digital audit insights .

How MyWorkpapers EU integrates with Xero to automate your workflow

By connecting via Xero’s API, MyWorkpapers EU imports:

• General ledger transactions
• Invoice details
• Fixed asset information

This data populates enhanced templates with clickable drill-downs, enabling comprehensive review right inside your MyWorkpapers platform.

Learn more on Xero’s EU integration.

Three key automated EU workpapers demonstrated

In our EU webinar, Amber showcased:

1. General ledger detail: Full transaction-level search and verification.
2. Trade debtors ageing report: Automatically builds ageing and calculates provisions.
3. Fixed asset register: Tracks depreciation, flags discrepancies, and supports adjustments.

Automated via MyWorkpapers’ customiser and API, these templates streamline audits Europe-wide.

Benefits of workpaper automation with MyWorkpapers EU

• Saves time by eliminating manual input
• Reduces errors through API data pulls
• Speeds up review processes
• Standardises templates firm-wide
• Future-proofs compliance workflows with ongoing integrations

Strengthening EU compliance and audit quality through automation

With GDPR regulations and EU audit oversight tightening, automated, system-generated audit trails reduce risk and help demonstrate compliance clearly and confidently.

Overcoming team resistance: automation as a valuable ally

Automation frees teams to focus on analytical, advisory skills instead of repetitive tasks. Positioning it positively fosters adoption amid digital transformation.

Data security and privacy built for the EU

MyWorkpapers EU meets GDPR requirements with robust encryption and minimal manual data handling, protecting sensitive financial information throughout the audit process.

Measuring ROI: prove workpaper automation value

Benchmark time spent on manual tasks, then track post-automation gains in efficiency, error reduction, and client satisfaction to justify investment.

Scalable for EU practices of all sizes

Whether sole practitioners or large multi-entity firms, MyWorkpapers EU’s cloud platform scales flexibly and cost-effectively.

FAQs for EU accounting firms

Q1. Is workpaper automation available outside Xero?
Currently, deep automation relies on Xero API; CSV imports offer limited functionality.

Q2. Will I need to relearn MyWorkpapers?
The UI integrates automation smoothly—no relearning required.

Q3. Can I add automated workpapers to custom templates?
Yes, with support to align data mappings.

Q4. Can adjustments be made without leaving MyWorkpapers?
Yes, journaling back to Xero is supported.

Q5. Are transaction drill-downs available for all accounts?
Available when data imports via API.

Q6. Are group audits supported?
Group features are in development.

Why delay workpaper automation with MyWorkpapers EU?

Manual data entry between Xero and Excel is obsolete. Automation brings clarity, trust, and efficiency to compliance work. The technology is ready and benefits obvious, start now.

Get started with workpaper automation with MyWorkpapers EU today

Explore our EU-specific demos, resources, and support at MyWorkpapers EU.