Cash coding is a quick, alternative way to create and reconcile multiple spend and receive money transactions to match imported bank statement lines.
How it works
- The Cash coding tab displays unreconciled bank statement lines in a spreadsheet format.
- When you use cash coding, you'll create a spend or receive money transaction that matches and reconciles with the bank statement line. So don't use cash coding to reconcile transactions already entered in Xero.
- You'll need to have either the Adviser or Standard + Cash Coding user role.