Reconciling Xero with your bank statement should be simple. Now it is.
Stop building spreadsheets and chasing mismatches manually. CleverBalance turns Xero bank reconciliation into a clean, repeatable workflow — export your files, reconcile instantly, and download audit-ready reports.
No credit card • 14-day free trial
Export Xero transactions
Upload bank statement
Run reconciliation
View matched / unmatched
Export Excel report
How Xero bank reconciliation works with CleverBalance
No templates to maintain. No formulas to write. Just a simple workflow finance teams can trust.
Export transactions from Xero
Export the relevant transactions from Xero.
- •Bank account transactions
- •General ledger exports
- •Account activity reports
These exports usually download as CSV or Excel files and work directly with CleverBalance. No formatting or file modification is required.
Download your bank statement
Download the corresponding bank statement from your bank.
- •Different bank formats
- •Extra columns that are not required
- •Common formatting differences (dates, currency values, etc.)
You can upload the statement exactly as it is downloaded.
Upload both files
Upload the Xero transaction export and the bank statement.
- •The Xero transaction export
- •The bank statement
CleverBalance reads both files and prepares them automatically for reconciliation. There is no need to clean or reformat your files beforehand.
Map columns once (quick and guided)
CleverBalance asks you to confirm a few key columns.
- •Date column
- •Amount column (or debit / credit columns)
- •Description or narration column
This step takes less than a minute and ensures the reconciliation runs accurately.
Run reconciliation
Click Run reconciliation. CleverBalance automatically:
- •Normalizes dates and currency formats
- •Matches transactions within a reasonable date tolerance
- •Groups related entries where needed
- •Separates matched and unmatched items clearly
Instead of waiting for reconciliation spreadsheets to be completed, your team can review results instantly.
Review results clearly
Results appear in two simple views.
Matched
Transactions that match between Xero and the bank statement. You can expand rows to inspect details and verify matches easily.
Unmatched
Transactions that require attention. These might include:
- •Timing differences between bank and Xero entries
- •Missing entries in either file
- •Bank charges or adjustments
- •Data inconsistencies
Because unmatched items are separated clearly, your team immediately knows what needs review.
Export reconciliation reports
Download structured Excel reconciliation reports for:
- •Internal finance reviews
- •Management reporting
- •Audit documentation
- •Client reporting (for CA / CPA firms)
Reports are generated in a clean, consistent format every time.
Built for finance teams working with Xero
CleverBalance is designed for real finance workflows.
Team access with roles
Owner / Admin / Member
Access logs
Showing who accessed what and when
Reconciliation history
Stored in one workspace
This turns Xero reconciliation into a controlled, repeatable process instead of personal spreadsheet work.
Simple pricing for Xero bank reconciliation
One workspace for your team. Clear monthly pricing.
Starts at
Includes:
- Bank reconciliation
- Team access
- Excel reconciliation reports
- Audit-friendly reconciliation history
14-day free trial
No credit card required
Run your next Xero bank reconciliation in minutes.
No credit card • 14 days free