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Reconciling Deposits

person Carmen Morris
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Customer deposits arrive in company bank accounts via many different payment methods. In this article I will explain different types of deposits, grouped by the recommended approach for processing or reconciling their receipts (or ‘payments’, as you might be used to calling them). Electronic Funds Transfer In Australia, EFT is the most common customer payment…

Entering Purchases in Xero Using Bills Instead of Spend Money

person Carmen Morris
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The benefits of entering expenses as Bills instead of Spend Money transactions. Ever wondered if there’s a better way to manage staying on top of supplier bills? Carmen Morris discusses entering expenses as Bills in Xero and the benefits this offers. Most people are very familiar with entering income as Invoices. This is the go-to…
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