Thank you. I find your tutorials very easy to follow and look forward to watching more.
@BookkeepingMaster29 күн бұрын
Glad you like them!
@SteveKing9965 ай бұрын
Thank you for the free Xero courses. They've been a big help in learning for my Xero Advisor Certificate. The clear and detailed lessons have really improved my skills. I have watched all of them!
@BookkeepingMaster5 ай бұрын
Glad you like them! Thanks for watching and taking the time to comment
@bam2riАй бұрын
thank you so much for these xero tutorials. very clear and detailed.
@BookkeepingMasterАй бұрын
You're very welcome!
@ninjanifunnypetsmaevlog217219 күн бұрын
I'm here again. Thank you for this information it refreshed my knowledge in bank recon.
@BookkeepingMaster19 күн бұрын
Great to hear!
@annabelgodwin48627 ай бұрын
Thank you for such a knowledgeable and detailed explanation. It is very kind of you to post and most definitely appreciated!
@BookkeepingMaster7 ай бұрын
Glad it was helpful! Thanks for watching
@user-kr2em5hm4p3 ай бұрын
Hi Mr. BookkeepingMaster! I really appreciate this free course. Thank you so much!! :)
@BookkeepingMaster3 ай бұрын
You're very welcome! Thanks for watching
@travelmood45432 ай бұрын
@@BookkeepingMasterI really really need a training for reconciliation. I would be mor happy to know if you provide paid training as I have been been given a new role of reconciliation and need to cover many scenarios.
@isharjotkaur95936 ай бұрын
Thank you for sharing such a detailed video. Much needed.
@BookkeepingMaster6 ай бұрын
You are so welcome! Thanks for watching
@TheSquidworm6 ай бұрын
Thanks for this. I haven't watched all of the video yet, but I know I've found the right one within the first 60 seconds when you compare with the Quickbooks method and say Xero is complex! I've been really struggling to make sense of Xero which seems to have highjacked the word reconciliation and used it in a completely different way. I've even seen quite a few Xero consultants recommend that users "turn off" the annoying Bank balance that shows up disagreeing with the Xero "bank" balance when it doesn't agree. There must be 1000's of Xero users out there who have balance sheets that never agree with their bank!
@BookkeepingMaster6 ай бұрын
Yes, I feel your pain. It gets easier the more you use it, but it could be better. Unfortunately, Sage seems to be adopting the Xero reconciliation method, too. Thanks for watching.
@TheSquidworm6 ай бұрын
@@BookkeepingMaster In video 3 you show on the reconciliation report where it's possible to enter the actual bank balance, but my client's Xero doesn't have this entry box, just a blank piece of screen where it should be. I know you are not here to trouble shoot, but thought I'd mention this just in case you have a quick answer to why this is different from your video!
@leebrendalee5 ай бұрын
It’s really called bank matching , then do bank rec after I think
@nicolakirk8734 ай бұрын
Very helpful! Thank you very much.😁
@BookkeepingMaster3 ай бұрын
You're welcome! Thanks for watching
@Addicted2OILau4 ай бұрын
I have to listen at 2x speed . Thank you for your help
@BookkeepingMaster3 ай бұрын
No problem. Thanks for watching
@tpsuthar176 ай бұрын
Thank you clearly explained😍👌
@BookkeepingMaster6 ай бұрын
You are welcome 😊 Thanks for watching
@faiolatheresabesana2324 ай бұрын
This is very helpful. Thanks
@BookkeepingMaster4 ай бұрын
Glad it was helpful! Thanks for watching
@claudetteweideman84247 күн бұрын
Hi I need to allocate deposit to customer account
@user-gb4kj4dm9d6 ай бұрын
Thank You !
@BookkeepingMaster6 ай бұрын
You bet!
@ayechan87609 күн бұрын
I have to knock off a payment from a customer with opening Account Receivable Balance which is locked. So, how can i open the locked account code?
@user-gv8jj2oe4g7 ай бұрын
Thank you❤
@BookkeepingMaster7 ай бұрын
Thanks for the comment and for watching
@yakutselencetinalp59062 ай бұрын
Thank you for your all videos! They are really helpful! Let's say we have sales invoice as £500 from the company XX Ltd and there is bank payment for this invoice but just £200. How we will reconcile this?
@ContractorEngageАй бұрын
Hello there! What would make my bank statement balance in Xero actually differ from my actual Chase bank statement balance? I've tried refreshing the bank feed but this does not correct it. It is off by thousands, not just a small amount.
@MrLittlejohn105 ай бұрын
Many thanks for all the information and videos, can I ask you in your option which accounting software is best for Construction & trades business.....thanks
@BookkeepingMaster5 ай бұрын
No problem. I believe you emailed me earlier this week, which I've replied to. Thanks for watching.
@sashabudhaiart118623 күн бұрын
Thanks for this! What about income coming in through direct payment - directly paid into your bank account and not through an invoice? Do you just use the CREATE tab?
@BookkeepingMaster22 күн бұрын
Yes, exactly! Well done. Thanks for watching
@Paige________2943 ай бұрын
When you say the payments are matched against the invoices received, how does Xero know what invoices are received by suppliers? (Newbie here!)
@BookkeepingMaster3 ай бұрын
The invoices should already be on the software. Xero will then know what is outstanding and which relate to the payments made. I hope this helps. Thanks for watching.
@Paige________2943 ай бұрын
@@BookkeepingMaster Thank you for your response. Perhaps I should take one step back to try and understand better. How are the invoices "already on the software?" For example, if I received a pdf invoice from a supplier - how does Xero know about that?
@Jayyy9675 ай бұрын
How would I reconcile a credit card payment? I have a chase credit card account and chase business checking account both are linked to Xero. Would I simply transfer to credit card account on the business account reconciliation page? FYI I use my business checking account to pay my credit card account.
@BookkeepingMaster5 ай бұрын
The credit card might be able to be added using the bank feed. Please try.
@bohooolol5 ай бұрын
Hi! very detailed explanation! Question, what if there is no suggestion at all? How would you recommend on doing it? Just go through create? or is there a more systematic way?
@BookkeepingMaster5 ай бұрын
Yes, create or match manually. Thanks for watching
@bohooolol5 ай бұрын
@@BookkeepingMaster Are the ones showing up on Match, uploaded invoice in Xero?
@allyomeally-watson32855 ай бұрын
My client marked the sales invoices as paid in Xero by going into the invoice. Now the bank feed has come through, how does that work? Will there be a received money in the reconcile screen or will Xero recognise a duplicate transaction? Thanks
@BookkeepingMaster5 ай бұрын
Yes, it should match the transaction with the bank feed transaction. They will be matched(joined) together. A duplicate will not be created, if matched correctly. I hope this helps. Thanks for watching.