Reconcile a statement line with a transaction suggested by a bank rule
If Xero can't make an auto-match, but can match the conditions of a bank rule you've set up, Xero suggests a transaction. You can use the suggested transaction to match against your bank statement line, or you can discard the suggestion and choose another way to reconcile the statement line. You can also manually apply a bank rule when you are cash coding.
Accept a matched transaction
If you're satisfied with the transaction that the bank rule has suggested, click OK to accept the match and reconcile.
Otherwise, you can click View details to check the details of the transaction and update it if you need to. You may also need to do this if your bank rule is set up for you to enter some details during reconciliation.
Choose from other possible matches
If the transaction suggested by the rule is not right, you can click Don't apply rule, discard the suggested transaction, and choose one of the following:
- Reconcile a statement line with a transaction that doesn't quite match
- Find a transaction and reconcile it with a matching bank statement line
- Add a spend or receive money transaction while reconciling
To re-apply the bank rule and create the suggested transaction again, click Apply rule.
Apply a rule while cash coding
If you can access the Cash Coding tab of your bank account screen, you can also manually apply bank rules to help you reconcile your cash transactions.
Select the check box next to the statement lines you want to apply a bank rule to.
Click Apply rule.
Select the bank rule you want to apply from the list.