Bank feed time

Now that you have your opening balances set in Xero, the bank feeds must be set up and balanced to the bank balance as of the current date. We covered adding the bank feed and balancing the bank feed in Chapter 2. Refer back to Chapter 2 if you need a refresher on getting this accomplished.

With the bank feed loaded, you will need to reconcile those transactions. In Chapter 6, we will cover how to reconcile bank transactions in Xero, including using cash coding to accomplish this task in bulk.

Cash coding is one of my favorite features in Xero, and I cannot wait to tell you about it.