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  1. Reconciliation - Edit bank account for bank transactions (spend, receive, transfer, or payment)

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    submitted  ·  42 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Yvonne Morton commented  · 

    You can edit the bank account but only if it's a batch payment. If you remove and redo, the transaction is gone and you need to start over eg. uploading the transaction from the data capture software again which can be time consuming.

    Xero needs to up their ante in order to compete with other accounting packages such as QBO. Sure there is already a function in Xero to be able to re-code general ledger transactions - account, GST code etc. Why can't it be the same with bank accounts?

    Yvonne Morton supported this idea  ·