Import bank statements from Allied Irish Bank and Bank of Ireland, reconcile, transfer, automatic matching.
Focus on what’s outstanding
With Xero, it's quick and easy to do daily bank reconciliations to keep your accounts accurate and up–to–date. Your bank statements can be automatically imported daily by Xero and then matched to transactions you have entered.
- Automatically import your bank statements daily
- It’s easy to reconcile your bank statements with your invoices and cashbook
- You can see interactive graphs and charts, which provide at-a-glance visibility of your cashflow
- 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.
- 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.
- Transfer money
-
Record a transfer in Xero that you have made between your bank accounts.
