article thumbnail

A new partnership with BMO to streamline bank reconciliation

Xero

The ability to connect your bank account to Xero is one of our most loved features and a core part of our vision to automate routine tasks. It’s designed to help your bank transactions flow securely into Xero, so you can save time on bank reconciliation and have better visibility of your cash flow.

article thumbnail

Using Caseware and Wagepoint to streamline your EOFY

Xero

Try MyCaseware See cash flow in real time with Wagepoint Wagepoint’s new integration with Xero connects your clients’ payroll and accounting, so you can see cash flow in real time, do bank reconciliations, create and send invoices, and more.

XERO 231
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Our new AI-powered contact predictions have arrived

Xero

We recently announced at Xerocon Sydney that our team was busy enhancing the AI algorithms that power bank reconciliation in Xero, so it would recognise new contacts in your statement lines (even when they’re not in your contact list). Here’s how it works and how to recognise it when it appears in your bank reconciliation.

article thumbnail

Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax

Xero

Xero Simple includes: Invoicing: Easily create and send professional invoices and quotes (10 per month) Data capture with Hubdoc: Effortlessly capture bill and receipts Automatic import of bank transactions: Connect directly to banks or import from downloads Reconciling and reporting : Automate bank reconciliation and generate powerful reports Client (..)

XERO 236
article thumbnail

A sneak peek into what’s next for reports in Xero

Xero

Balance Sheet, Profit and Loss (Income Statement) and Budget Variance reports: We’ve added the ability to translate these reports into any currency enabled in your organisation, for a quick view of your financials in the currency of your choice Receivable and Payable Invoice Summary and Detail reports, and drilldowns from Income by Contact and Expenses (..)

XERO 347
article thumbnail

The New and Improved Xero Bank Reconciliation Report

Insightful Accountant

Murph is here to tell you all about a new version of Xero's Bank Reconciliation Report packed with loads of extra features.

article thumbnail

Bank reconciliation definition

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash What is a Bank Reconciliation? A bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.