How to Reconcile the Money Transfer Between Bank Accounts in Xero
- George Apostolov
How to Reconcile the Money Transfer Between Bank Accounts in Xero: step-by-step guide
On Xero's main dashboard, find and select a bank account.
Under the Account Transactions, find the bank transfer transaction you want to reconcile and click tick the checkbox beside it.
Tap 'More' afterwards to proceed further.
Subsequently, select 'Mark as Reconciled'.
Click 'Mark as Reconciled' one more time to confirm your request.
After completing these steps, the selected money transfer transaction between your Xero bank accounts will be reconciled instantly.
Quick answer: To reconcile a money transfer in Xero, select a bank account on the dashboard, check the transaction under Account Transactions, tap More, select Mark as Reconciled, and confirm by clicking Mark as Reconciled again.
About this Xero tutorial
Reconcile bank account money transfers in Xero quickly by selecting the transaction, tapping More, and confirming the reconciliation. This guide shows how to reconcile the Money Transfer Between Bank Accounts in Xero in 6 steps, starting with "On Xero's main dashboard, find and select a bank account" and finishing with "After completing these steps, the selected money transfer transaction between your Xero...". The interactive demo above is a click-through copy of the real Xero interface, so you can rehearse each step before doing it in your own account.
Frequently asked questions
How many steps does it take to reconcile the Money Transfer Between Bank Accounts in Xero?
6 steps. Each one is listed in order above, and the demo highlights exactly where to click.
Can I try it without changing my own account?
Yes. Clicking through the demo doesn't touch your Xero data or settings. Once you know the flow, repeat it in your own workspace.
This tutorial is filed under Xero. Related guides: How to Record a Loan in Xero, How to Record an Insurance Claim in Xero and How to Record an Overpayment in Xero. Last reviewed 05 Oct 2026.
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