How to import Bank Transactions into Xero, using Business Importer

bank tran

Import  into fast and easy, using Business Importer.

How to import Bank Transactions into Xero with Business Importer in 5 simple steps

To import Bank Transactions into Xero, please, follow 5 simple steps:

1. Sign in to Business Importer and connect it to Xero.

To connect Business Importer and Xero go to:

AccountsAdd companyXero

import Bills into Xero

2. Go to Import tab. Upload your Excel file or paste the DropBox or Google.Drive link. Click on the Next button.

import bank transactions into Xero - upload the file

 

3. Choose the list in your Excel, which contains Bank Transactions you want to import into Xero. Click on the Next button.

import bank transactions into Xero - choose the list

4. Select Company (you want to import to) and Entity (Bank Transactions), and create mapping – connect Xero labels* to Your Labels**. Press the Next button.

import bank transactions into Xero - choose the list

*Xero labels – Xero fields in Bank Transactions that are required to be filled in.

**Your labels – your spreadsheet columns containing all information on Bank Transactions you want to import into Xero.

5. Review if the information is entered correctly and click on the Next button.

import bank transactions into Xero - review mapping

Your import is in process. Don’t wait until it’s done – you will be notified by e-mail.

import bank transactions into Xero - result

Check out your Bank Transactions import into Xero result in your e-mail or in the Scheduled imports tab.

import bank transactions into Xero - result in BI

Or check out the results  at your Xero account.

import bank transactions into Xero - result in Xero

How-to Guide – How to import Bank Transactions into Xero

Find a detailed How-to guide in Business Importer. It will help you prepare your spreadsheets that contain Bank Transactions, Invoices, Bills, Manual Journals, Purchase Orders, Receipts, Credit Notes, etc. you want to import into Xero.

import bank transactions into Xero - result in Xero - how-to guide

Xero Field Business Importer Name Description Example
Bank Account Code Bank Account Code Provide an alpha numeric account code e.g 200 or SALES 200
Contact Name Contact Name Provide a valid Contact name. Donald Green
Type Type Type of Bank Transactions. Bank transaction type. Valid values: RECEIVE, RECEIVE-OVERPAYMENT, RECEIVE-PREPAYMENT, SPEND, SPEND-OVERPAYMENT, SPEND-PREPAYMENT. RECIEVE
Currency Code Currency Code 3 letter alpha code for the currency. Example: USD, NZD, EUR, etc. USD
Currency Rate Currency Rate Exchange rate to base currency when money is spent or received. e.g. 0.7500 Only used for bank transactions in non base currency. 0.7500
Date Date Date format: dd/MM/yyyy, e.g. 20/05/2015.You can change it on Settings page. 20/05/2015
Is Reconciled Is Reconciled Valid values: true or false. true
Line AmountTypes Amounts are Valid values: Exclusive (default), Inclusive, NoTax. Exclusive
Total Total Total of bank transaction tax inclusive. 300.00
Reference Reference Reference for the transaction. Only supported for SPEND and RECEIVE transactions. 1234-5678-999
Total Tax Total Tax Total tax on bank transaction 0.00
SubTotal SubTotal Total of bank transaction excluding taxes 300.00
Status Status Bank Transaction Status Codes. Valid values: AUTHORISED or DELETED. AUTHORISED
Url Url Please, provide a valid URL, associated with the transaction. http://cloudbusinessltd.com/
Line Line: Account Code Active code of the account. 200
Line: Description Free form text description of the line item that appears in the printed record. Maximum of 4000 chars. White pack
Line: Item Code Item Code can only be used when the Bank Transaction Type is SPEND or RECEIVE. Max length = 30 car. 145
Line: Amount The amount of the line item. 300.00
Line: Quantity Number of items for the line. 3
Line: Tax Type Use your valid tax type code, depending on your country. INPUT
Line: Unit price Unit price of the subject item as referenced by ItemRef. 100.00

Check out the Bank Transactions import results

There are 5 types of import results.

 import Invoices into QuickBooks Online

Errors in the Bank Transactions import

The most common errors and the ways to solve them.
There are 4 the most common errors made by our clients when they import Bank Transactions into Xero. To prevent this happening, we have reviewed all of them and given solutions below.

Problem Error occurs Solution Correct example
Invalid Account Code Account code ‘500’ is not a valid code for this document. Please, provide valid account code for Bank Transaction. 090
No AccountCode provided The AccountCode field is mandatory Please, provide AccountCode for your Bank Transaction. 090
Invalid items quantity TSL – Black: T-Shirt Large Black – Only 5 items available to sell. Quantity of Sold items should be equal or less than the Quantity of Recieved items. 5
A Bank Transaction with the same number has been already created in your Xero account. Error during import of Bank Transaction. Please, update the information about your Bank Transaction. Or provide a new number. BTxn-002

Remember, that any question you can address us. We will be glad to help you!
Just leave us a message, call us on 302-261-3644 or write to support@cloudbusinessltd.com.

Xero-logo-hires-RGB

adodvolha

This entry has 0 replies

Comments open

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>