sblive Xero Guide

The aim of this section is to provide a basic understanding of how to manage bank feeds and the reconciliation process within Xero.

Bank feeds automatically import transactions from your bank or financial institution directly into your Xero organisation, eliminating the need to import transactions manually.

Different options are available as per the technical capabilities and preference of the banks and financial institutions. You can set up the following feeds:-

Direct Yodlee PayPal

Where possible, we would always recommend establishing a direct feed in preference to a Yodlee feed. As a third party, Yodlee retrieves the data from your bank, whereas bank data is “pushed” into Xero when using a direct feed. At the initial outset and setup stage, you will need to add your bank account on Xero (see section 4), following which, you will need to establish your bank feed. The following links provide detailed instructions on how to complete this:-

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