Here’s how to do it: 

1. Download Your Bank Statement: 

  • Log in to your bank account and download your bank statement in a supported format, such as CSV or OFX. 

 

2. Go to Bank Accounts: 

  • Log in to Xero and navigate to the dashboard. 
  • Click on “Accounting” in the left-hand menu, then select “Bank Accounts.” 

 

3. Click Import a Statement: 

  • Under your linked bank accounts, find the account you want to import the statement to. 
  • Click “Import a Statement” next to the account. 

 

4. Upload the File: 

  • Choose the downloaded CSV or OFX file from your device and upload it to Xero. 
  • Follow the on-screen prompts to confirm that the data is correct. 

 

5. Match and Reconcile Transactions: 

  • Once the statement is imported, Xero will automatically match the bank transactions with your recorded transactions. 
  • Review and reconcile any unmatched transactions manually.

 

Your bank statement is now imported and ready for reconciliation!