Xero bank lines, matched in bulk.
Not one statement line at a time: every line matched at once, by the rules you described.
What comes in from Xero
- Invoices and bills
Number, contact, amount due, currency and status, for what you sell and what you buy.
- Payments
What has been applied to each invoice or bill, and from which account.
- Bank statement lines
The lines your bank feeds into Xero, waiting to be reconciled.
Why it won’t match on its own
One line at a time
Xero’s reconcile screen asks about each statement line on its own. A busy month is hundreds of clicks.
Payouts cover many invoices
A Stripe payout pays thirty invoices minus fees. In Xero that means a clearing account and a split by hand.
Bills leave in batches
A batch payment to suppliers leaves the bank as one debit for many bills.
One rule, in plain words
Match Xero bills to Chase debits when the bills in a batch payment add up to the debit.
sum of bills in batch = debit342 matched
Bills paid twice, or paid without ever being entered, are what stays open. Those are the ones worth a look.
What Numerics works out
Numerics counts what the bank shows and the books do not, account by account, so you know where the gaps are before month end.
You go run your business.
Bring a month of Xero records to the call. You’ll see them matched before it ends.