You can bank on us
With Xero, it’s quick and easy to keep your accounts accurate and up-to-date. Automatically imported bank and PayPal statements mean it’s effortless to get your data in and our intuitive bank reconciliation means that Xero will find the best match to code your accounts. All you have to do is click OK.
Accountants and bookkeepers have access to even more powerful features in Accountants Edition including fast cash coding and bank processing rules to speed up bank reconciliation for your clients.
- Simple daily bank reconciliation for business owners
- Easy reconciliation of bank statements with invoices and cashbook
- Interactive graphs and charts providing at-a-glance visibility of cashflow
- Advanced features for financial advisers
- Xero automates the mundane
Bank and PayPal transactions can be automatically imported into Xero daily, so you don't waste precious time downloading and uploading bank files manually. Please see the complete list of banks that support automatic feeds.
- Automated matching
Xero will try and match transactions you've downloaded to transactions in Xero. You can easily indentify unreconciled items and reconcile when you need to - daily, weekly or monthly.
"Cash coding from @teamxero is a complete godsend. Thank you."
via @ricburton from Twitter
- Reconcile and pay in one go
When you reconcile to an invoice that is not already marked as paid, the invoice will automatically be marked paid for you.
- Complex banking made easy
We understand that there are lots of different business transactions. That's why Xero is built to handle split and part payments, transfers and has search functionality so you can always find that matching transaction.
- Ask a question
Not sure where to code something to? Simply use the comment tab to tell your financial adviser you need help.
- Fast cash coding
With our cash coding feature you can code large numbers of transactions faster than ever. Reconcile a whole statement in a single swoop. Import and automatically reconcile pre-coded bank statements – perfect for bringing data into Xero from other systems.
- Bank rules
Create rules to help automatically reconcile bank transactions by assigning codes to spend and receive money transactions. Automation speeds up bank processing and ensures accuracy.
