Tranfers between bank accounts

From time-to-time you'll transfer money between accounts. For instance, into savings, a credit card or loan, or into or out of your PayPal account.

Xero's bank feed will normally show bank transfers (up to the day before). Follow these steps to reconcile:

• Accounting > Bank Accounts

• Select and click the relevant bank account

• Click Reconcile tab

On the left you'll see your bank statement lines, and on the right, data from Xero. You'll need to add the first part of the transaction.

• Click Transfer tab

• Select the bank account

• Click OK.

Switch to the corresponding bank account.

• Use the bank accounts drop-down towards the top right of your screen.

• The transaction should be visible and matched.

• Click OK.

Learn more about bank transfers at Xero Central.