Settings and activity
4 results found
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240 votes
Hi everyone, we've been tracking this idea for some years now and truly value all the feedback we've heard on the desire and time saving reducing the manual steps in reconciliation
would achieve. We completely get wanting to skip that extra ‘OK’ click when you trust the suggested matches.
We’re excited to share that this idea is now in development. At Xerocon this year we shared automated bank reconciliation - Using JAX to automatically match and categorise your bank transactions with your Xero transactions.😊
It's in beta already and being tested by a small group of users atm, and as soon as we have more to share on this rolling out wider I'll give you another update here. Thanks again for helping us shape the future of Xero!
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Jo Davison
commented
Is there any plan now to automate the OK in a bank rec. Cash coding doesn't help with matching entries, onlt with rules. There are chrome extensions out there that will do it for you but there is no way of knowing if they are safe. Quickbooks allows it, why doesn't Xero?
Jo Davison
supported this idea
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80 votes
Heya team, with some of the exploration our team were doing we shifted this idea to Under review a few months ago. However, reassessing current priorities as many here may also be interested in our team are currently in the depths of work for enabling the ability to view more statement lines and providing search on the Reconcile screen.
While this may be something we consider developing for later down the line, it's not something we have plans for atm and we'll shift back to Submitted to continue monitoring the interest here. Thanks
Jo Davison
supported this idea
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3 votesJo Davison
shared this idea
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522 votes
Hi team, appreciate wanting an update - I'm pleased to share the beta went well and we've now launched international bill payments for our UK customers, making it easier to pay overseas suppliers.
Using open banking, UK businesses can now securely send money to 180+ countries including Europe (EUR), America (USD) and Australia (AUD). So you don't have to juggle multiple platforms or hidden fees. Whether you're paying a single bill or multiple bills at once, you can authorise payments prepared by your team and easily track which suppliers have been paid.
We’re committed to new ways to expand our bill payments feature for small businesses and their advisors in other regions by leveraging new technologies, where available. I'll keep you updated of any further developments for this, here.
An error occurred while saving the comment Jo Davison
commented
I can't believe that this hasn't been sorted out. How else can we get a batch payment file to upload to the bank Xero? Is it on a road map anywhere yet? It is fundamental for most firms already paying for your foreign currency plan
Jo Davison
supported this idea
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Surely cash coding doesn't work if you already have the bank feed and the posting in your books. We simply want to match the 2. Come on Xero, it is high time you had this option, it can't be that difficult for a tech company to produce, clicking Ok is giving us RSI.