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 in a way that in not the way we want.
The reconciliation screen has the option to view all the Auto-reconciled transactions. We need a way to mark these transactions as reviewed by either my client or by me. I suggest that a “Mark as Reviewed” button be placed next to the “Remove and Redo” button on this screen and all auto reconciliated transactions be tagged with the person, date and time that a human (my client or me) has reviewed them.
Also there should be a task in the new dashboard Tasks widget to take you to Reconciled Transaction screen and show you just the transactions needing to be reviewed.
If the client enters transactions they take responsibility for their entries. If I enter them then I take responsibility. If JAX enters them then is Xero going to take responsibility? I think not.
I have had to add this section to my pre-BAS questionnaire:
“If you have turned on the new Xero auto reconcile feature, please either confirm that you have personally reviewed all the entries that Xero has made and they are correct or whether you would like me to review them. This may take extra time and incur an additional fee.”
As it is at the moment we are in the absurd situation that a feature that is meant save time and money is actually going to take me more time to do a BAS and cost my client more money.
David Gray
shared this idea
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Carmen Morris
commented
Being able to mark auto-reconciled transactions as reviewed is critical for the auto-reconcile feature to be truly useful. Currently, I don't sense that we are saving time using it. We have to navigate through so many screens to check auto-reconciled transactions for each bank account. We also don't always remember if we've reviewed something or not, so we're wasting time. Reviewing all auto-reconciled transactions needs to be possible from one screen. It would also be great if we could turn auto-reconciliation off for certain transactions. Some transactions prompt the bookkeeper to take a specific action. If the transaction isn't there as a prompt, systems can break down.
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Sarah Jacobs
commented
We can't rely on JAX AI to auto reconcile bank transactions, therefore if Xero want users to use this feature, there has to be an easy way for a viewer to check auto-reconciled transactions and mark those transactions as checked by a human.