Invoice / Batch Deposit: Export Bank File
Export a file that collates all invoices for each contact, to be uploaded to your bank to run customer direct debits. The same as you can do for bill payments. We currently use UCollect for $360pa, if anyone has any other ideas for this simple task -while Xero is working on building it ;) ...I'd love to hear them, TIA.
Joanne Dooley
shared this idea
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Sarah Brookman
commented
This would be a fantastic feature that other finance packages have. The ability to export an API file for direct debits is important for my business. Saves me having to manually enter them every month.
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Peter Ludwig
commented
NAB through its NAB Connect platform is capable of processing a bank file for bulk direct debits and we have customers which wish to use this service however Xero is at the moment unable to create the file.
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Jenny Hall
commented
Our bank (Commonwealth Bank of Australia) states it will accept bulk entries for direct credit and direct debits but Xero only allows for ABA files for direct credit. Our business model is for all clients to be on (variable, depending on services used), direct debit. It would be so efficient if we could do this via Xero with our bank.
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Finance Manager
commented
I’d also like to be able to create an aba file for a receipt batch for loading into bank as a direct debit for bulk customer payments. Rather than having to double handle these by processing the receipts in Xero then manually creating multiple, up to 50+ entries, in the banking software individually. Other accounting software products have this feature. Thanks