20 results found
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Auto bank rec | Settings - Show on the Dashboard
Having settings visible from the dashboard (eg. bank account widget) would reduce clicks needed to find out which accounts have the feature on/off.
83 votesHi team, thanks for the additional insights to those that have shared via the poll in my last update - You can still rank the importance of stats with us anonymously through the link here. 😊
It's truly valuable to get this feedback from customers to understand what insights would be most valuable for our customers to see and action on quickly.
Right now we don't have immediate plans, but we'll take these learnings into future planning to continue to develop automated bank rec, and I'll share if there are any updates with you all here.
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Auto Bank Rec - Ability to Mark Auto Reconciliation transactions as reviewed
JAX is developing the ability to auto reconcile bank transactions. We need an ability to mark these transactions as reviewed. The integrity of the data entered into Xero is paramount and someone must take responsibility for what is entered.
My clients enter many of their own transactions and I enter some and check key ones they have entered before lodging their BAS etc. It is important that I am happy with the data entered before lodging. I know my clients and know where they make mistakes. No matter how good JAX gets it will make mistakes or will code transactions…
31 votesAppreciate hearing back about our auto bank reconciliation feature here. We're watching the interest in this closely and I'll be sure to share any updates with you all on this.
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Bank Reconciliation - Turn off auto-reconcile prompts
I am not at all interested in the auto-reconcile feature and it won't ever be useful to me. The huge bar at the top of each account suggesting it is getting in the way of my workflow. I would like the ability to dismiss this and then not have it reappear! It's fine for Xero to suggest it once, so I know it exists, but once I've seen it I should be able to get rid of it for good. The same goes for the intrusive bar asking if I'd like to add online payments on each invoice. No, I…
35 votesThanks for everyone's feedback on your experience with auto bank rec, here. The aim of this feature is to improve and build more efficiency in your reconciling your bank account, however we understand and appreciate feedback here on where users would prefer to more control and options, as well as the option to dismiss the banner.
Right now, as some in the thread have noted auto reconcile can be turned off for each of your bank accounts at any time. From the main Bank Reconciliation screen, click on the ‘Auto-reconcile’ settings button to manage your settings.
We're currently looking into more controls and settings for auto reconcile that may better suit needs shared in this thread, I'll round back to share more on this as it develops.
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Auto Bank rec - Default setting for all organisations
Have a default setting to either turn automatic bank reconciliation on or off for all accounts
56 votesGreat to see you're getting in to test our new automated bank reconciliation. Can see how this would be useful if you often work with a lot of Xero organisations.
We'll start gauging the interest for this from others here, and our product teams are taking on board all feedback so I'll share if there are any updates. Thanks!
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Auto Bank Rec | Statistics - Automation over time
Seeing the change in automation’s performance from week-to-week would help me to understand whether I’m getting more or less value from the feature as time goes on.
53 votesThanks for sharing your idea, and letting us know the changes that matter most for you.
We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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JAX Auto reconcile bank rules only
It would be good to customise the new JAX auto bank reconcile feature. Eg reconcile bank rules only.
The clients that would benefit most from this new feature are the ones that have large volumes of unpaid items on the purchase or sales ledger so whilst it would be great to auto reconcile the rules I wouldn't want the AI "having a go" at matching bank transactions to open bills or invoices.27 votesThanks for feeding back on your auto reconcile experience with us here and letting us know the changes that'd help you make the most use of this feature.
Right now, our teams are looking into improvements including a settings panel that enable more control of what drives bank auto reconciliations in your org. I'll be back to share more when this is released 🙂
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Auto Bank Rec - Mass upload auto-coding
While using JAX moving forward is great, what about when I'm bringing on a new client to Xero and I have hundreds of thousands of back transactions to upload and code?
I've added details to the CSV upload for me to use Cash coding to work through them (adding Xero COA code to the front of the description so when it is sorted alphabetically by description, it is sorted by COA code). However, it still can take a significant amount of time.
If JAX could read one of the input fields and if it contains the COA code, then put…
42 votesGreat suggestion, Ben! Thanks for your comment here.
Currently, our automation relies on your Xero organisation's reconciliation history and bank rules, new organisations, or those with a limited history, may find it takes longer for the automation to learn patterns initially.
To get the most out of automation, we do recommend setting up bank rules, keeping your contacts and chart of accounts up to date, and reconciling frequently.
When you're just getting set up and started there is also the option of uploading a pre-coded bank statement to help with getting your first few months of spend and receive money transactions created and reconciled quickly.
We appreciate how this process could help in onboarding new clients and setting up their organisations, and this is something we're exploring. I'll be sure to share any progress of this through the idea here.
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JAX Auto reconciliation - The description and/or reference doesnt pull through to the transaction when auto reconciled
In our business we rely heavily on a report that functions like the old detailed account transactions report (just the account transaction report rejigged to look the same essentially). We also use the cash code / bank rule feature a ton.
Right now we've noticed that the items that are auto-coded by Jax do not bring in any kind of descriptor into the reference field from the bank such as the 'description' line. So when we pull our report to review we can't verify if the items that were auto coded are correct against what the bank description was (leaves…
23 votesThanks for the feedback around adding the description or reference form the statement line when auto reconciling with JAX. We really appreciate the feedback as it is invaluable to our Product team. We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
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JAX | Auto reconcile - Ability to set parameters
Please allow to set parameters for Jax Auto-reconcile. Things like: auto-reconcile only when the following fields are populated description, date, VAT, etc.. Auto-reconcile only when there's an attachment (unless specifically allowed by a contact setting e.g. for ABC Ltd allow reconciliations without attachment). Basically allow to define parameters.
12 votesHi team, we appreciate your feedback and have been taking this on board as the team closely consider improvements to our auto reconcile experience.
Currently, we are working on a new settings panel that'll provide more control of what you would like auto reconciliation to be driven by.
I will share another update as this comes to life and keep you updated of it's release here. 🙂
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Auto Bank Rec - Show Invoice Numbers in Auto Reconcile
At the moment when JAX has matched a payment with an invoice, it shows the transaction detail as "Payment: Customer Name". But I would like to be able to see the Invoice # that it was matched to, as I have many invoices of the same amount.
It would be great to have a column that can show the Invoice # that JAX has applied to please. At the moment, I'll need to go in and click each transaction to check it (which is not quicker than doing it manually in the bank feed). I don't want to assume JAX…
10 votesThanks for sharing how we could improve auto bank rec for your workflows, Michelle. We'll start to gather others interest in this from your idea here. Our product team are keeping a close pulse on the feedback in this forum and I'll be sure to let you know if there are any updates.
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Auto Bank Reconciliation - Ability to send receipts
Auto Bank Reconciliation works for me - BUT I like to send receipt to paying customers.
Sometimes it reconciles and doesn't TELL ME that a customer has paid !
I actually chased someone for payment last week who had already paid - But Auto-Reconcile hadn't told me !3 votesGreat to get your feedback here and understand while automating the reconciliation is useful, there are still other processes that you'd usually run that you need visibility of this for (like sending receipts).
Right now, we're getting a gauge of the wider interest for this here and I'll be sure to share if there are any updates.
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Enable JAX Auto-reconcile for inbound payments only
JAX performs well for inbound transaction reconciliation, but its handling of outbound transactions generates enough misallocations that any time saved is lost through manual re‑allocation. Because there’s no way to differentiate between inbound and outbound transactions, we’ve been forced to disable JAX.
A simple option to enable JAX for inbound transactions only would make the feature far more usable in practice.2 votesThanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
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JAX | Automatic bank reconciliation - Detect differences in actual and Xero bank balance
I am an accountant and a lot of my clients are in the construction industry. There actual bank statement balance and the bank balance on Xero are often different. This is mainly due to duplication of bills, not knowing how to use hubdoc properly. Every month I spend a lot of time reconciling the actual bank statement and what in Xero. Is there a way JAX can automatically detect the difference in the actual bank statement (which can be uploaded) and the bank balance in Xero?
2 votesReally interesting idea to be explored, Udari. Appreciate the detail in your idea to understand how this can naturally occur.
It's not something we have direct plans of right now, but we'll start to get a sense of interest here and I've shared your idea back with our product teams for consideration as we continue to develop JAX and auto bank rec 😊
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Auto bank rec | Reconciled screen - Increase the amount of items per page (>50)
I love the auto-reconcile feature, but sometimes it can memorise transactions I may not want it to. On the back of this, I like to review it and look for any oddities, but being limited to 50 items per page means that I need to trawl through many pages.
Increasing to 200 items per page similar to the account transactions tab would be amazing!
2 votesAaah, wait apologies I see you mean the reconciled page related to transactions that have been reconciled through auto bank rec.
Good information to share back with the team, and we'll keep a close eye on the interest for this here. Thanks!
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Enhancement Request for Transactions Reconciliation and Cash Coding
Dear Xero Product Team,
I hope this message finds you well. I would like to propose an enhancement to the reconciliation process within Xero that I believe would significantly improve efficiency for all users.
Currently, when reconciling transactions, it can be quite time-consuming to match multiple received payments or spent amounts against their corresponding invoices or bills. To streamline this process, I suggest implementing additional filter options on the Bank Accounts page, specifically under the “Reconcile” tab.
Here are the key enhancements I propose:
Filter Improvements: Introduce separate fields for "Spent" and "Received" amounts, as well as for "Bill Numbers"…
2 votesHi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
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Match Xero Me before Auto-Reconcile
Have been having issues with auto reconciliation matching against bank fees but overlooking pending items from Xero Me. Should look for matching items from Xero Me first, before creating new item to match bank fees.
1 voteThanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
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Automatic Bank Reconciliation - Add 'Tax Rate' Column to the Account Transactions View for Quick Verification
First off, the Auto-Reconciliation feature is fantastic. It is a huge time-saver and fundamentally changes how quickly bank feeds can be processed.
The Pain Point
While the automation is great, the current workflow for auditing and verifying that Auto-Reconciliation hasn't made a mistake is highly inefficient. Building trust in automated features requires an easy way to spot-check them.Currently, my workflow to audit these transactions looks like this:
Navigate to an individual bank account.
Go to the Account Transactions tab.
Sort the list by Status to group the auto-reconciled transactions together.
The Bottleneck: I am forced to click into every…
1 voteThanks for your idea, antonio. We have another for being able to view the account column that I've added your vote to, and have slightly adjusted the title of your idea for the Tax rate column so we can get a sense of interest in this here. We'll share if there are any updates for this planned.
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Files Upload from the File Folder
Upload Files from file folder by dragging it into the transaction/reconciliation field, and not having to click on the icon, then choose from PC or Xero files. Such a waste of time!
1 voteThanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
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Feature Request: Reconcile Unreconciled Transactions from Search
I have a suggestion regarding reconciling transactions in Xero.
Currently, within the bank statements tab, you can search for a specific amount. If that transaction has already been reconciled, you’re able to select it and are redirected to the reconciled transaction details window, where edits and changes can be made.
However, if the transaction is unreconciled, selecting it does not redirect you to a similar screen. It would be very helpful if clicking on an unreconciled specific transaction from the search results could direct you to the “Add Details” or a reconciliation window, allowing you to reconcile the transaction directly…
1 voteThanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
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Auto Bank Reconciliation - Option for manual editing
Currently when the upload from the bank includes all relevant fields, Xero automatically posts and reconciles. I need to be able to have the option to edit before posting and reconciling as there is additional information - e.g. additional lines for account coding splits, forex etc, that needs to be inputted for each transaction
1 voteHi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
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