The Xero Bank feeds let you automatically import account transactions into Xero from your bank or other financial institution. Once bank feeds are up and running, you'll no longer need to download and import bank statements to get transactions into Xero. This effectively reduces the hassle of downloading excel bank statements and changing the format to one suitable to update in the past.
This would help businesses using Xero with the reduction of some of the administrative work.
How to set it up to work?
To begin, update your bank account in Xero and the bank account type to check that the feeds is available. Then download the