Banking

Xero automates the mundane

Banking within Xero automates those repetitive mundane processes, enabling you to focus on dealing with the exceptions.

Automated matching

Any transactions that have been downloaded from your bank will be automatically matched to transactions entered into Xero.

Reconcile when you need to

You can reconcile outstanding transactions as often as each day or as little as six monthly, it’s up to you when you reconcile.

Easily identify unreconciled items

View the number of items that have been automatically downloaded from your bank and are awaiting reconciliation.

Reconcile and pay in one go

When you reconcile to an invoice that is not already marked as paid, the invoice will be automatically marked paid for you.

Transfer money

Record a transfer in Xero that you have made between your bank accounts

Identify past trends

Interactive graphs show snapshots for the previous six months. Hovering your mouse over a date displays your bank balance on that date.