Skip to content
Beautiful accounting software

Blog

See all posts

Bank reconciliation adjustments

Add a comment

Published in Business on 2 May 2007 by

Xero’s new release yesterday included the addition of adjustments to the bank reconciliation. This is useful for scenarios where a payment comes in that does not exactly match the invoice you sent out.

If the amount is out by a few cents you can add the adjustment. The amount is placed into a rounding account, and your accountant can journal these into general expenses each month. We thought this was an easier way for you to handle small differences between a payment received and your invoice.

Thank you Anna for the suggestion.

We’re processing a lot of great customer suggestions for Invoicing and Bank Reconciliations and you’ll see a few new related features over the next month or two.

 

Like this? Please Share.

Read more about Business, Tips (Xero Business)

 

Add your comment





We welcome all feedback but prefer a real name and email address.

 
Do more with Xero
Partner with Xero
Getting Started
Our Story