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If you incorrectly match an item in the bank reconciliation, Xero makes it easy to find and resolve.

Bank reconciliation

Get your bank statements imported and categorized automatically. Including credit cards, PayPal and support for over 160 foreign currencies. It’s effortless to keep your accounts accurate and up-to-date.

Smart Bank Reconciliation

Xero will match most of your bank transactions automatically. Just click OK to reconcile. You can also create custom rules to automatically match more complex transactions, like split payments.

Real-time exchange rates

Immediately see how foreign currency rates effect your cashflow. Exchange rates for over 160 currencies are automatically updated every hour.

Fast cash coding

Reconcile large numbers of transactions faster than ever. Import and automatically reconcile pre-coded bank statements – perfect for bringing in data from other systems.