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  1. Bank Account - Add "Difference" field to show the actual amount of the difference between statement balance and balance in Xero

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    3 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi Valerie, while not shown in the Bank header, you can run the Bank Reconciliation report which will show you the balance out by figure. If the Imported statement balance hasn't imported or doesn't match your actual bank statement ending balance, you can enter this yourself at the top of the report and update so Xero will show a calculated balance out by amount.

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    David Hartley commented  · 

    Can xero please do this calculation of the difference in the bank reconciliation difference for the user automatically??

    This will SAVE US TIME having to manually calculate the difference as we reconcile the bank statements to the cash book ?

    David Hartley supported this idea  ·