Xero Bank Rec – Beginner Tutorial

Reconcile your bank account in Xero like a pro. This Xero tutorial for beginners shows you everything you need to start reconciling confidently. Learn how to deal with common types of transactions such as part payments, overpayments, prepayments, and adjustments. Create new transactions, match existing transactions, deal with bank transfers, apply bank rules, and use cash coding for even faster reconciliation.

Contents:

00:00 Intro
00:39 Xero’s Demo Company
01:26 What is bank rec?
01:53 How bank rec works in Xero
02:30 Reconcile an invoice
03:21 Reconcile multiple bills
04:32 Part payment
05:53 Reconcile a bank transaction
06:22 Prepayment
07:30 Auto suggestion
08:08 Apply a bank rule
08:40 Create a new transaction
09:54 Minor adjustment
11:20 Bank transfer
12:42 Cash coding
16:52 Outro