We’re going to take a punt here and guess that, at least once in your lifetime, you have used Xero’s bank reconciliation function. If so, you will know how easy it is to match transactions to their corresponding bills or invoices. Xero makes suggestions of which invoices or bills are likely to pertain to the transaction in question, you select the correct one, and voilá.
It works exactly the same with BRAG. Simply click the ‘Mayday’ tab within your Xero bank rec interface to view the invoices and bills that have been posted to the other entities in your group, which could pertain to the payment or income you’re wanting to reconcile. Tick the relevant box and, just as usual, click ‘OK’ to reconcile.
Not quite so sure?
Sometimes cross-entity bank reconciliation is not quite as straightforward as we just made it seem but not to worry, hopefully all of the answers you need are right here. If there is something we missed, as always, please shoot us an email at support@getmayday.com