As we continue scaling our operations to manage accounting for hundreds of organizations in Xero and generate weekly reconciliation reports for each one, access to this API is absolutely essential. Until this functionality becomes available, we need a report that provides the same information.
If we can retrieve bank balances directly from financial institutions and compare them against bank balances in Xero across all organizations in bulk, we can quickly identify which accounts require bank statement lines to be uploaded. This eliminates the need to manually review every account individually, saving significant time and effort.
In addition, having visibility into bank statement line transactions with an "Unreconciled" status would allow us to generate a consolidated report of items that need to be recorded in Xero. This would enable us to process these transactions at scale rather than relying on our current manual workflow of extracting data from Xero and compiling it into lists for processing. The existing process is extremely time-consuming, inefficient, and difficult to scale.
Alesha Scott
supported this idea
·
As we continue scaling our operations to manage accounting for hundreds of organizations in Xero and generate weekly reconciliation reports for each one, access to this API is absolutely essential. Until this functionality becomes available, we need a report that provides the same information.
If we can retrieve bank balances directly from financial institutions and compare them against bank balances in Xero across all organizations in bulk, we can quickly identify which accounts require bank statement lines to be uploaded. This eliminates the need to manually review every account individually, saving significant time and effort.
In addition, having visibility into bank statement line transactions with an "Unreconciled" status would allow us to generate a consolidated report of items that need to be recorded in Xero. This would enable us to process these transactions at scale rather than relying on our current manual workflow of extracting data from Xero and compiling it into lists for processing. The existing process is extremely time-consuming, inefficient, and difficult to scale.