Bank Reconciliation - Repeating spend & receive money transactions
The ability setup repeating spend and receive money transactions would be helpful.
Helen Balaam commented
Not all bank payments and receipts are creditors or debtors. Small business can have all sorts of transfers between owners/other stakeholders and the ability to add the recurring spend money or receive money transactions ahead of time to see the actual bank balance after these transactions is critical for cash management. We should not have to wait until the bank rec process for a bank rule to enter the transaction and it is tedious to enter the transaction anew each month and non value add.
Christine Lewis commented
Diane McCaffrey commented
Bank Reconciliation | repeating bank tranfers. It would be super wonderful for repeating bank account transfers, this assists with cashflow forcasting
Molly Ackerman commented
This is something many of my clients are wanting.
Kirsten Reid commented
Re Repeating spend transactions- I just set up a Bank Rule for those.
Jessica Ryce commented
Repeating Spend money transactions would be great. and the ability to create a bank aba file for a spend money transaction.
Trudi Herniman commented
To be able to setup repeating spend & receive money transactions in advance of when they happen, so they can be used for cash forecasting.
Jenny Johns commented
Is this not the function of the bank rules?
Daniel Franks commented
Keen to understand this from an ATM / petty cash point of view. How to account for small purchases.
Veeraka de Mel commented
Especially for accounts where they don't have bank feeds
AdminXero Team (Admin, Xero) commented
Ability to create a template liek you can for invoices for recurring direct expenses
Purpose: Automate processes and save time