How to Reconcile the Money Transfer Between Bank Accounts in Xero

Quick summary

This tutorial shows how to reconcile a bank transfer transaction between two accounts directly inside Xero, using the Account Transactions view and the Mark as Reconciled action. The process takes just a few clicks from the Xero dashboard and instantly updates the reconciliation status of the selected transfer.

Steps

1. On the Xero dashboard, find and select a bank account to open its transactions.
2. Under Account Transactions, locate the bank transfer transaction you want to reconcile and tick the checkbox beside it.
3. Tap More to reveal additional transaction options.
4. Select Mark as Reconciled from the dropdown menu.
5. Click Mark as Reconciled a second time to confirm your request.
6. The selected money transfer transaction between your Xero bank accounts will be reconciled instantly.