This course is for small business owners, accountants, and bookkeepers who want to learn how to use Xero’s bank reconciliation tools to save time keeping their financial records up to date. You'll learn to add bank accounts, connect a bank feed and manually import transactions into Xero. You’ll also learn to reconcile bank transactions and run the bank reconciliation report to check the bank balance in Xero is accurate. This course is module 4 of the L2 Xero professional certification.
Reconcile bank accounts
By the end of this course, you will be able to:
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Get bank transactions into Xero using automatic and manual options.
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Reconcile bank transactions using multiple reconciliation tools in Xero.
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Check the bank balance and statement balance in Xero agree.
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Correct bank transaction and balance issues in Xero.
Reconcile bank accounts to keep your financial records accurate and up to date. Get to know the reconciliation features that help speed up the process.
Learn how to import bank statement lines into your bank account in Xero.
Learn how to use the different reconciliation methods available in Xero to reconcile your bank statement lines.
Use Xero’s reports to find and resolve bank account discrepancies in your Xero organisation.