Xero - tips and tricks

[Stuckingeneva]

Are there any decent app addons for employees clocking on/off?

 

[spiders]

Good morning for various stupid reasons I'm running 2 bank accounts, with the same companiy, is there a way to get both to 'feed'

Thanks.

 

[Dairyfarmerswife]

Good morning for various stupid reasons I'm running 2 bank accounts, with the same companiy, is there a way to get both to 'feed'

Thanks.

Yes, you can have more than one bank account for a company on Xero - I have at least four! However, some won't automatically feed - for example Natwest don't support bank feeds on Loan accounts. For these I have to manually import the data periodically.

Just add the second bank account in the same way you added the first one. If it's the same bank the login should be valid for both and if it's a different bank you will need to input the login details.

 

[Stuckingeneva]

Yes, you can have more than one bank account for a company on Xero - I have at least four! However, some won't automatically feed - for example Natwest don't support bank feeds on Loan accounts. For these I have to manually import the data periodically.

Just add the second bank account in the same way you added the first one. If it's the same bank the login should be valid for both and if it's a different bank you will need to input the login details.

Natwest do support loan bank feeds as i have them working

 

[spiders]

Yes, you can have more than one bank account for a company on Xero - I have at least four! However, some won't automatically feed - for example Natwest don't support bank feeds on Loan accounts. For these I have to manually import the data periodically.

Just add the second bank account in the same way you added the first one. If it's the same bank the login should be valid for both and if it's a different bank you will need to input the login details.

I've added the details but we've got different login as one accounts my farthers. So if I can't ad another account I'll have to change all logins?

 

[Dairyfarmerswife]

I've added the details but we've got different login as one accounts my farthers. So if I can't ad another account I'll have to change all logins?

I think what you will have to do is set up another Xero user to administer to that account. So invite your dad as a Xero user and then get him to log in (or do it for him!) And set up the bank account from his login. Only he will be able to refresh that feed but I have one like that and it's rare that I need to log in to refresh it.

 

[spiders]

I think what you will have to do is set up another Xero user to administer to that account. So invite your dad as a Xero user and then get him to log in (or do it for him!) And set up the bank account from his login. Only he will be able to refresh that feed but I have one like that and it's rare that I need to log in to refresh it.

Thanks again. Got it working that way!

 

[Pheasant Surprise]

Looks like bank feeds are changing again - this time around due to these "Open Banking" rules coming into force from 14 September...

Just had an email about it this morning. Unfortunately (for me) I have some accounts using direct bank feeds (no change) and other accounts (business credit cards) that are Yodlee Feeds - these Yodlee feeds look like they will stop working after 14 September, with no resolution date yet announced...

Xero Central

central.xero.com

 

[Boysground]

That will be a pain in the backside. Currently using yodlee feed with Lloyds

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[Pheasant Surprise]

That will be a pain in the backside. Currently using yodlee feed with Lloyds

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Tell me about it.

At least Lloyds have an estimated date of when the new feed will be in place...

Unlike HSBC....."unknown at this time" what utter

 

[Spear]

Not seen anything about bank feeds changing and I’m with Lloyds

 

[spiders]

Hi quick question, how would you deal with bounced cheques under reconciliation, I don’t want it down as 2 lots of income

Cheers.

 

[Pheasant Surprise]

Hi quick question, how would you deal with bounced cheques under reconciliation, I don’t want it down as 2 lots of income

Cheers.

Don’t accept cheques in future!

Nah in seriousness, just un-reconcile and remove the payment.

 

[spiders]

Don’t accept cheques in future!

Nah in seriousness, just un-reconcile and remove the payment.

Yes I wish cheques are banned! The hassle to go and bank them and then if they don't clear you have to go again.

Sorted now thank you.

 

[upnortheast]

Thought there seemed a lot of transactions to reconcile tonight. Eventually realised that 2nd & 3rd Sept bank entries were showing twice.
Any thoughts on what has happened & how best to sort it

 

[Boysground]

If you go to the statement page you can delete duplicated statement lines. Every now and then I get duplications with the yodlee feed.

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[Martyn]

Anyone else struggling to do Aug vat, have entered all invoice and checked bank rec, now gone to Vat returns and its showing last one submited, then gives me the August one snd September one, but only the option to open the september one up not the August. Have sent a message to xero central!

 

[Princess Pooper]

I did my (first) July quarter return and all went well other than the journal I did for the fuel scale charge, although all entered correctly, didn't show on the return. Think I'll do it as a full cash contra and see what happens!

 

[Pheasant Surprise]

HSBC Direct bank feed has been down since the 15th, so no transactions have been imported from the 14th onwards...

Xero Central

www.xero.com

 

[Steevo]

HSBC Direct bank feed has been down since the 15th, so no transactions have been imported from the 14th onwards...

Xero Central

www.xero.com

Really?! Transactions seem to have imported here recently....