Steps to undertake before reconciling Ensure all pay runs within the financial year have been posted Check payment dates of pay runs Ensure all wages payments have been processed through your bank account and in Xero Review your
Xero Tip – Transferring between bank and credit card accounts
If you transfer amounts from and to the bank accounts that download into Xero care should be taken to make sure that the transaction is taken up correctly. By using the transfer tab when processing the reconciliation of the transaction and
Xero Tip – Monitoring bank account balances
A point to remember in Xero is that although your bank transactions are downloading into Xero, you should still monitor the balance of your bank accounts. This is easily achieved by running a Bank Reconciliation report. This report will show up any
Xero Tech Tip – Payroll Help
In Xero Payroll you can Invite an employee to “My Payroll” (the employee portal) so they can view their payslips, request leave, submit timesheets, and approve leave and timesheets if required for other employees. To give an employee access to My