Reduce work at tax time
Not only will you be more in control of your business finances, come tax time most of the hard work is done – you’ll already have categorised income and expenses, and matched payments to invoices.
Always know what’s going on
Once your bank transactions are in Xero, it’s easy to keep track of the money coming in and going out of your business
1. Get daily bank feeds
Bank transactions automatically flow securely into Xero each business day.
2. Reconcile bank transactions
Tell Xero what each transaction was for – or simply confirm what Xero suggests.
3. View the dashboard
See a complete up-to-date picture of your cash flow and business finances on the Xero dashboard.
Learn more about reconciling your banking and what the Xero dashboard shows you.
Connect to your bank for automatic updates
You can set up feeds from multiple banks and any number of bank accounts – it’s all included in the price of your Xero subscription. Direct bank feeds are automatic, secure, accurate, and reliable – there’s no need to do manual imports any more.
Find banks that connect to Xero
Bank transactions feed direct into Xero from many banks including NAB, CBA, ANZ, Westpac and Bendigo Bank. See the complete list of Australian banks that offer direct bank feeds and the account coverage.
Looking for another bank?
If your bank doesn’t offer direct bank feeds to Xero yet, let us know and we’ll try and make it happen.
Request another bank
"Xero's direct bank feeds seamlessly import our account transactions directly from our bank account, which keeps our accounts up to date daily. At a glance, I can see an accurate overview of our performance." Jessy Cameron, Director, Molten Store
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