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Close your books with confidence: Introducing reconcile period in Xero

Xero

Coming off the year of the US bank feed , Im excited to share that we’re releasing the eagerly anticipated reconcile period feature in bank reconciliation. Reconcile period is an optional feature that helps you more easily verify the accuracy of your financial data and quickly detect any errors or missing entries for correction.

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Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax

Xero

This blog refers to the non-VAT version of Xero Cashbook only.

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Three payment trends accountants need to know

Xero

This guest blog was written by the team at the leading bank payment solution, GoCardless. Manually setting up direct debits, chasing payers and reconciling payments across multiple systems is time-consuming. GoCardless customers can use PayTo directly within GoCardless and then manually enter and reconcile the payments within Xero.

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Get set up for the new tax year with Xero Payroll

Xero

Double-check payroll reportings Review key reports like the P32, P11s, Gross to Net, and Account Transactions to ensure your posted pay runs are reconciled. If you’re in the construction industry, don’t forget to review and reconcile your Construction Industry Scheme (CIS) Suffered report for the tax year.

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Four ways to get your banking data into Xero

Xero

Once your direct feed is connected, statement lines appear in Xero automatically, ready for you to reconcile. It’s a good option if you don’t reconcile bank transactions very often. The data then flows into Xero, ready for you to reconcile. The post Four ways to get your banking data into Xero appeared first on Xero Blog.

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We made the 2022 Most Innovative Companies list

Xero

Xero placed #7 on the technology industry list out of 700+ nominations, and is a direct result of our teams’ labour of love on helping reconciling transactions to become a more beautiful experience. That is, by using the learnings of millions of past reconciled transactions. . Our ongoing commitment to reducing toil.

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Our new AI-powered contact predictions have arrived

Xero

If you’re trying to reconcile this statement line but don’t have these business names in your contact list, Xero will suggest these as new contacts, saving you precious time. The post Our new AI-powered contact predictions have arrived appeared first on Xero Blog.