HOW TO RECONCILE BANK ACCOUNT WITH XERO

It is really important to keep the accounts maintained to avoid issues in any transaction later. For keeping the transactions updated, it will be helpful to use application of the accounting software to avoid any delay in recording the transactions. 

Xero application powered by OneSaas allows the user to sync their company accounts with the app to provide seamless sales flow as well as customer data. For setting up the software, the user is required to create an ‘Account’. You can also take the help of experts who will guide you through the procedure of setting up an account as well as the installation of the accounting software.

You can reach them by calling on Xero Support Number Australia 1800-789-560 anytime as they are available at your service round the clock. The team will also guide you through the recovery process if you are facing any technical issue with the software. 

How to reconcile bank account with Xero?

Follow the below steps for reconciling the bank account with the accounting software: 

On Web-

• Choose ‘Bank Accounts’ from the ‘Accounts’ menu. 
• Tap on ‘Reconcile (number) items’ for the account which you would like to reconcile. 
• Review every bank statement line imported from the bank, available on the left side of the Reconcile tab. 

On iOS and Android-

• Tap on the bank account showing ‘[Number] to match’ for iOS and Reconcile [number] items for Android available on the Dashboard. 
• Integrate the statement line: 

1. Click on ‘OK’ if the rule, match or suggestion is right or;
2. Swipe to left for creating a transaction, search for a matching item or you can mark the transaction as transfer between the accounts. The user might have to swipe left for matching manually. 

If you need further guidance over the same, then it is advised to get in touch with the professionals. You can connect with them by dialing Xero Helpline number 1800-789-560 where they are available at your help 24/7. You can also reach them via live chat or email and they will get back to you with an appropriate solution. 

Related Keyword:

• Reconcile Bank Account xero

• Reconciliation of Xero with a bank account