Bank Reconciliation Summary
You should on a
regular basis run the bank reconciliation summary (recommend at the end of each
month) to check the actual bank balance and the balance of the bank account in
Xero match.
For more information on running this check in Xero visit https://central.xero.com/s/article/Bank-Reconciliation-SummaryRelated Articles
Bank Reconciliation
You should on a regular basis reconcile your bank accounts in Xero. The bank reconciliation confirms all the transactions in the bank accounts are recorded in your business accounting records and may identify problems with your Xero file. For more ...Bank Feeds
Your Xero file should be set up to automatically import bank transactions into your Xero file. If you have a bank account that isn’t importing into Xero please refer to the instructions at https://central.xero.com/s/article/Bank-feedsAged Payables Summary Report
We recommend that you regularly review your Aged Payables Summary Report to identify any overdue accounts to ensure suppliers are paid in a timely manner. You should ensure that all bills have been entered and the bank reconciliation is up to date ...Aged Receivable Summary Report
We recommend that you regularly review your Aged Receivable Summary to identify money owed to the Formation that is beyond 30 days so that you can follow up unpaid debt. You should ensure that all invoices have been entered and the bank ...Create a bank rule
Xero Tip to Save You Time – Bank Rules (refer the link below) Create a bank rule (xero.com)