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Xero automatically and securely imports your bank transactions every business day. You save hours on admin and get daily updates on the state of your business finances. Xero connects with numerous banks globally so, chances are, your bank is one of them. Find out if your bank connects with Xero.
Was it payment of an invoice? Was it spending on travel? Or stationery? Simply confirm what Xero suggests. You can also set up rules for matching your bank transactions automatically to invoices, bill payments and purchases that are already recorded in Xero, making reconciliation seamless.
Match and categorise your bank transactions on your phone from bed, over a coffee, or on the train, and start your day knowing exactly where you stand. The Xero dashboard shows you all the key figures.
Tired of reconciling each transaction? Cash coding lets you group similar transactions together so you can match them in one go. That’s especially useful if you’re moving to Xero and importing back-dated transactions.
"I’d rather face root canal surgery with no anaesthetic than do bank reconciliations. But with Xero, there’s a game-like quality that actually makes it fun. And I’m disappointed when it’s done!" Devan Sabaratnam
