Xero Bank Feed Reconciliation

Pamela Calilung
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Xero Bank Feed Reconciliation

Bank Account Connected to Square
The Transfer transaction from the Square Settlement bank account is automatically matched against the actual Square deposit. To reconcile the Square deposits from the bank account where Square deposits the payments, just click “OK” to confirm the matching transfer. Square bank account Xero integration
Enable mark as reconciled
You need to enable “mark as reconciled” for your login before you can manually mark a transaction as reconciled. Here is how:
  1. In the Accounting menu, select Bank accounts.
  2. Click any bank account name.
  3. Click the help icon and select Enable Mark as Reconciled. (If you see Disable Mark as Reconciled, you have already turned this feature on).
Square balance in Xero
Bank Feed Reconciliation – Square Balance Bank Account
This account is a clearing account for the Square/Credit Card Payments. All payments attached to the integrated invoices (sales) and bills (Square fees) are automatically marked as reconciled. However, the transactions related to Transfers need to be manually “Marked as Reconciled” Xero mark as reconciled

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