Workpapers - Show variation of bank reconciliation from closing balance
In the bank reconciliation, it would be great to be able to enter the closing balance per the bank statement, and the workpaper shows any variance.
It would also be great if the bank name and a partial account number could be pulled through to help identify accounts where a client has many bank accounts.
Adam Grigsby
shared this idea
Hi team, returning to this idea we wanted to let you know we've now released an update to include a supporting balance column in all worksheets (not just bank reconciliation).
If the supporting balance matches the Xero balance then there is a green tick confirming it and this is also visible in the variance column. 🙂
We appreciate there's a secondary request in this thread that some maybe interested in for pulling through the bank name and account number and I've created another idea for this so we can track and keep you updated for this. Please do add your vote there if this is of interest to you. Thanks
-
Alex Jenner
commented
The Xero hotlink report should show the bank statement and differences. Not sure we want to add another layer of manual input if already done in Xero Blue.
-
Fluid Advisory
commented
This would be helpful on many of the workpapers as well as the Bank Reconciliation