Reconcile Transactions
Reconciliation in Xero is the key to keeping your financial records accurate and reliable. It’s all about ensuring the transactions in Xero match your bank statements, maintaining consistency and correctness. By reconciling regularly, you can keep your records up-to-date, giving you a clear view of your cash flow. This simple habit helps you stay on top of your financial situation and equips you to make smarter, more informed business decisions with confidence.
Watch this video, here are the key steps to reconcile your transactions effectively: