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Xero bank statement import is the process of loading bank transaction data into Xero accounting software using CSV or OFX files, enabling automatic transaction matching and bookkeeping without manual entry.
Xero supports importing bank statements via CSV and OFX formats. Imported transactions are automatically matched against invoices and bills in Xero, reducing reconciliation time. For businesses that cannot connect their bank directly to Xero via open banking, manual statement imports using converted files are the primary method. FastStatement Converter exports CSV and OFX formats that are directly compatible with Xero's import format, making the process straightforward.
Convert bank statements to CSV, Excel, QBO, and more with 99%+ accuracy.
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