Streamlined Bank Reconciliation
Xero can make reconciling the bank a simple day to day task. You can even reconcile the bank via the Xero app on your phone!
With the Xero bank feeds connected to your online banking, you will no longer need to print out paper bank statements and manually enter them into your bookkeeping software. Instead, your recent bank transactions will appear in Xero where they can be matched against existing bills or invoices, or used to create brand new transactions in Xero.