It is very easy to create a bank rule in Xero. Here’s a quick guide on how to do it in simple steps:
- On Xero's main dashboard, click the 'More Options' button next to a bank account.
- Select 'Bank Rules' from the available options.
- Following that, tap 'Create Rule' at the top-right corner.
- Choose the type of transaction you want to cover.
- Subsequently, start configuring the rule. Start by specifying your preference with regard to the application of the bank rule to the given conditions. Tick the radio button beside your choice.
- Set up the condition next. Simply choose your preferred Field and Condition. After that, enter the corresponding value into the provided input field.
- Following that, provide the other necessary information to complete the bank rule.
- Once done, review your input and click 'Save'.
- After completing these steps, the Xero bank rule will be created and enabled instantly.
