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Director Loans
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The Xero method by no means guarantees that all is well on the bank. My very first Xero client had a difference of around £40k between the bank statement and Xero, this for a turnover for the business of £150k or so.
Total mess!Hideous Muddles from Right Charlies0 -
Not sure you've ever tried to use the reconcile tool for the bank on Xero but you have to go in to each transaction and reconcile manually. Total waste of time. Why you can't select multiple transactions and mark them as such is beyond me!
Disclaimer - other software also contains annoying niggles, just in case i was going to be accused of ganging up on Xero
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