Reconcile bank transactions quickly
Keep your financials in Xero up to date. Categorize your bank transactions each day using our suggested matches.
Reconcile each day
Review and match bank transactions daily.
Use suggested matches
Automatically match and categorize transactions.
Bulk reconcile transactions
Code transactions in bulk – except on Early plans.
Reconcile each day
Set up a bank feed so your bank transactions flow into Xero daily. Reconcile transactions often so the accounts stay up to date.
- Use the Xero app to reconcile transactions on your phone
- If your bank doesn't connect to Xero, manually import bank statements instead
Use suggested matches
Xero suggests matches for your transactions, categorizes them and applies any rules you set up, making reconciliation easy.
- Match bank transactions to invoice or bill payments
- Create a new transaction in Xero as you reconcile if there isn’t one already
- Reconcile by accepting the suggested match and category
Bulk reconcile transactions
When there are a lot of unreconciled transactions to code, you can reconcile them in one go if you're on the Growing or Established plan.
- Sort and group bank transactions, then code and reconcile them in bulk
- Receive alerts for suggested matches to invoices or bills
- Apply a bank rule to a group of transactions
More about bank reconciliation
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 customize the Xero dashboardWhen 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
Start using Xero for free
Access all Xero features for 30 days, then decide which plan best suits your business.
- Safe and secure
- Cancel any time
- 24/7 online support
It’s something I’m going to be able to teach my future employees
Xero gives John a better idea of his cash flow at Horsetooth Hotsauce
