Yesterday I had a client that had not balanced her bank reconciliation for months and there were over 770 transactions that had to be allocated to their correct expense code.
Now normally this would be an absolute mammoth task taking hours but with Xero Cash Coding we narrowed it down to a couple of hours.
So what is Xero Cash Coding?
It’s an alternative way to code your bank transactions in Xero rather than using the bank reconciliation dashboard screen. It’s a great way to code a high volume of bank transactions that are cash before going on to complete the rest of the bank reconciliation for transaction such as invoices, credit notes and expense claims.
For further information please contact Jaleana 0400 102 358 Bookkeeping Fairy Perth.
Check out my website www.bookkeepingfairyperth.com.au