Review and match transactions on a daily basis.
Automatically match and categorise transactions.
Group bank transactions to reconcile all at once.
Set up a bank feed so your bank transactions flow into Xero daily. Reconcile transactions often so the accounts stay up to date.
Xero suggests matches for your transactions, categorises them and applies any rules you set up, making reconciliation easy.
When there are a lot of unreconciled transactions to code, you can reconcile them in one go.
View your bank balances, unpaid invoices, monthly profit and more based on reconciled transactions. Receive alerts about unreconciled transactions on the Xero dashboard.See how to view and customise the Xero dashboard
When you reconcile, Xero alerts you if your actual bank balance and the balance of the bank account in Xero aren’t the same. If they don't match, the bank reconciliation summary makes it easy to check for missing, deleted, or duplicated transactions.See how to run a bank reconciliation summary report
Xero became a really critical tool for us as we took on more staff.