Preview bank reconciliation supercharged with JAX
Imagine over 80% of your bank statement lines reconciled automatically, in real time. That's the future we're building with JAX (Just Ask Xero), our new AI financial superagent. JAX will work behind the scenes, freeing you up to focus on what truly matters for your business. Take a first look today.
Smart automation you can trust
JAX automatically reconciles many bank transactions and learns from your actions to get smarter over time.
Full visibility and total control
See everything JAX reconciles and easily make changes for complete control over the accuracy of your books.
Get a clearer view of your finances, faster
JAX instantly and automatically reconciles transactions, helping keep your accounts up-to-date.
Free up time for high-value work
Let JAX handle routine reconciliations, freeing you up for the work that requires your expertise.
Smart automation you can trust
Powered by adaptive AI that learns from your actions, becoming an even smarter partner to you over time.
- JAX will automatically categorize and match your bank transactions when it's highly confident.
- The more you use and guide JAX, the smarter it becomes—adapting to your business and automating more of your manual work over time.
Total visibility and full control
You're in command. The new Reconciled page gives you complete oversight over automation.
- See bank and accounting details in a single view for a fast, at-a-glance review of JAX’s work.
- Each transaction shows why it was reconciled, giving you total oversight.
- Instantly fix any error. The ‘Remove and redo’ function sends a transaction back in a single step.
Get a clearer view of your finances, faster
Reduce your manual backlog and get a more timely, accurate snapshot of your business finances.
- JAX gets to work instantly, reconciling transactions its confident about the moment they arrive.
- By keeping your accounts more current, you can move from reactive reporting to proactive financial decision-making.
Free up time for high-value work
Confidently offload your routine reconciliation to JAX and focus your effort where it matters most.
- JAX makes bank reconciliation easier by doing your manual, repetitive work for you.
- Win back valuable time to focus on the critical work that only you can do.
Learn how AI is powering auto-reconciliation
Read more about how our AI models work to automate & support accounting workflows and adapt to your business.
The philosophy behind Xero’s use of AI
Wherever we use AI in our products we’re committed to looking after your data and keeping you in control.
FAQs about auto-bank reconciliation
Auto bank reconciliation in Xero uses JAX – Xero’s AI super agent – to automatically categorize and match your bank transactions. Transactions are only auto-reconciled if the suggestion meets a high confidence score, ensuring a high level of accuracy. JAX recognizes when an accounting document hasn't arrived yet and will wait to auto-reconcile until it’s received, ensuring accuracy and preventing premature reconciliation. When new statement lines arrive, JAX aims to reconcile using one of four methods: ‘Rule’, ‘Match’, ‘Memory’ and ‘Prediction’. ‘Rule’ shows you when one of your bank rules has been applied. ‘Match’ signifies when a bank transaction matches to an existing Xero document. ‘Memory’ tells you when JAX has made a decision based on how you’ve reconciled similar transactions in the past. And ‘Prediction’ tells you that JAX has made a suggestion based on how other Xero users have reconciled similar transactions.
Learn more in Xero CentralAuto bank reconciliation in Xero uses JAX – Xero’s AI super agent – to automatically categorize and match your bank transactions. Transactions are only auto-reconciled if the suggestion meets a high confidence score, ensuring a high level of accuracy. JAX recognizes when an accounting document hasn't arrived yet and will wait to auto-reconcile until it’s received, ensuring accuracy and preventing premature reconciliation. When new statement lines arrive, JAX aims to reconcile using one of four methods: ‘Rule’, ‘Match’, ‘Memory’ and ‘Prediction’. ‘Rule’ shows you when one of your bank rules has been applied. ‘Match’ signifies when a bank transaction matches to an existing Xero document. ‘Memory’ tells you when JAX has made a decision based on how you’ve reconciled similar transactions in the past. And ‘Prediction’ tells you that JAX has made a suggestion based on how other Xero users have reconciled similar transactions.
Learn more in Xero CentralWe’re introducing auto bank reconciliation in phases, starting with a large-scale beta in October. Our beta is now fully subscribed. Once testing is complete, we’ll begin a global rollout in late 2025. We’ll keep you updated when it’s ready.
We’re introducing auto bank reconciliation in phases, starting with a large-scale beta in October. Our beta is now fully subscribed. Once testing is complete, we’ll begin a global rollout in late 2025. We’ll keep you updated when it’s ready.
Xero already helps you categorize and match bank statement lines by offering suggestions that come from analyzing your bank rules and patterns from your organization and others. Our new and improved AI models will provide more accurate suggestions and automatically reconcile high confidence suggestions on your behalf. With greater accuracy and more automation, you'll spend less time on manual bookkeeping and have a more up-to-date view of your business finances.
Xero already helps you categorize and match bank statement lines by offering suggestions that come from analyzing your bank rules and patterns from your organization and others. Our new and improved AI models will provide more accurate suggestions and automatically reconcile high confidence suggestions on your behalf. With greater accuracy and more automation, you'll spend less time on manual bookkeeping and have a more up-to-date view of your business finances.
Auto bank reconciliation will be included in Xero’s Growing plan and above. However, we reserve the right to change the terms and conditions of using JAX, including the pricing.
Auto bank reconciliation will be included in Xero’s Growing plan and above. However, we reserve the right to change the terms and conditions of using JAX, including the pricing.
Auto bank reconciliation is a feature powered by Xero’s AI super agent – JAX. As with all of our JAX-powered features, Xero is committed to keeping your data secure and delivering the best AI experiences for our customers. We take our responsibilities for protecting your data seriously.
Read more about our responsible data use commitmentsAuto bank reconciliation is a feature powered by Xero’s AI super agent – JAX. As with all of our JAX-powered features, Xero is committed to keeping your data secure and delivering the best AI experiences for our customers. We take our responsibilities for protecting your data seriously.
Read more about our responsible data use commitmentsXero is committed to innovation and responsible data use. We may use data we collect about your use of our products, including automatic bank reconciliation, to help us improve and deliver great products. More information about how we use information about you is set out in our privacy notice. We don't use customer data to train our automatic bank reconciliation models unless it is anonymised or we have permission to do so, nor do we allow any third parties we work with to use your customer data for their own purposes. More information about how we use your customer data can be found in our data processing addendum and terms of use.
Read our Terms of UseRead more about our data processing termsXero is committed to innovation and responsible data use. We may use data we collect about your use of our products, including automatic bank reconciliation, to help us improve and deliver great products. More information about how we use information about you is set out in our privacy notice. We don't use customer data to train our automatic bank reconciliation models unless it is anonymised or we have permission to do so, nor do we allow any third parties we work with to use your customer data for their own purposes. More information about how we use your customer data can be found in our data processing addendum and terms of use.
Read our Terms of UseRead more about our data processing terms
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Sign up to any Xero plan, and we will give you the first month free.