Author Archives: Ingrid
WK How To: Reconcile Prepayments Received
There may be an instance when you receive a prepayment on a job before you have sent out an invoice. These instructions will show you how this can be treated in Xero. Please note: the GST treatment of prepayments is…
Find out more
WK How To: Reconcile a Cash Refund
When you have a credit note that is physically being refunded, you will find when payment is made (or received) the credit entered in invoices (or bills) won’t come up in a find & match search in the reconciliation screen.
Find out more
WK How To: Set up a Batch Payment
Batch payments allow you to group together payments and export the details to a file that be uploaded to your online banking. This avoids you entering payment details directly into the bank, saving you time. We note it is worth…
Find out more
WK How To: Reconcile a Bank Transfer between accounts
Start on the reconcile screen in one of the bank accounts. Select “Transfer.” If you have more than two bank accounts in Xero you will also need to select the appropriate bank account. Press OK. Go to the reconciling page…
Find out more
WK How To: Enter Credit Notes
Options 1 – Create credit note from Invoice or Bill Click into the invoice or bill you want to credit. Under the Options drop down select Add Credit Note. If only part of the invoice or bill is being credited…
Find out more
WK How To: Set up Automatic Invoice Reminders
Invoice reminders can be set up to send out automatically. This can be to either remind customers that an invoice payment is coming up, or that an invoice is overdue. As Xero only recognises that an invoice is paid once…
Find out more
WK How To: Reconcile Overpayments
First click on find & match of the bank transaction received or paid Second select the invoice that is being paid Select “New Transaction” and “Receive Money” or “Spend Money” depending on whether it is a payment you have made…
Find out more