We’re always trying to make it easier to use Xero, so today we’ve made some important improvements to the Bank Statement page to help you be more efficient and quickly get to the information you need.
Unsurprisingly, this is one of the most heavily used pages in Xero, with hundreds of thousands of views a day.
Xero connects to your bank feeds, automatically importing your banking transactions into Xero. This saves you time and increases accuracy. Once those feeds are in Xero, the Bank Statements screen comes into play.
Just like logging into your online banking, now when you go to the Bank Statements page you’ll see the latest balance and a list of transactions — with a running balance.
Searching through your bank statements: Stop hunting, start finding
Whether you’re a small business looking for a record, or an advisor wanting to help a client, it’s now easier than ever to work with bank transactions in Xero.
No longer do you have to trawl through statements. If you’re looking for something in particular, whether that’s a specific amount (e.g. $225.00) or a transaction coded a particular way (e.g. parking), it’s now easier than ever to find what you’re looking for in a more human way.
You can search across the key fields: payee, reference, description/particulars, code, the amount of the transaction, and between any key dates. Results appear quickly, helping you find what you want and giving you the information you need to make decisions.
And if you still want to see statements, it’s easy. Just toggle back to that view:
Whether you’re a small business, or an advisor working with one of your clients, it’s always important to understand one’s financial position. These updates help to make it easier to find the information you need to help you make better decisions — for yourself or on behalf of your clients.
Over the next few months we’ll be adding more tools to help find and fix bank balance issues. Please let us know your thoughts in the comments below.