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  1. Import bank statement lines via the API

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    240 comments  ·  Accounting API » Banking  ·  Admin →
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    working on it  ·  AdminKelly (Admin, Xero Developer Centre) responded

    Thanks for your continued feedback and patience on this long-standing request. Our team has started to build this out, and we’re looking forward to sharing more as development and testing progresses.

    This release will support ingestion of bank statement data via the Bank Feeds API for accounts where a bank feed has not been established and allow customers to automate the current manual file upload process.

    As part of this work, we’ll be running a beta with a small group first (from mid June) so we can test the experience and gather feedback before broader availability. We’ll continue to post updates here as we reach key milestones.

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    Timothy Potter commented  · 

    This would really bridge the gap with EU accounts since Xero is way behind QuickBooks with this.

    Their current reasoning is that they don't have an EU banking data licence, but opening the API to allow others to use services like fintable.io that do have an EU data licence would bridge this gap.

    I do know there was a service created using automation that created an API that then automated upload of a CSV file to create this, but Xero blocked access by bankfeedapi.com

    This is such a shame considering someone built what Xero haven't prioritised and Xero haven't adopted it and instead blocked it...

    Timothy Potter supported this idea  ·