The flexibility to join your checking account to Xero is one among our most liked options and a core a part of our imaginative and prescient to automate routine duties. It’s designed to assist your financial institution transactions circulation securely into Xero, so it can save you time on financial institution reconciliation and have higher visibility of your money circulation.
At Xerocon New Orleans, we introduced a brand new partnership with BMO Monetary Group in Canada, and we’re excited to share that this partnership has now been prolonged to prospects within the US. Our BMO financial institution feed is now out there for small companies within the US and Canada*, and permits you to:
- see your each day BMO transactions mechanically circulation into Xero as soon as a day (no have to signal into on-line banking or manually export or add recordsdata)
- have a 1-year transaction historical past included throughout sign-up (for choose accounts)
- deactivate this connection at any time out of your BMO account
The right way to arrange your BMO financial institution feed
If you’re at present linked to BMO On-line Banking for Enterprise in Xero through Yodlee financial institution feeds, you’ll have to improve to get pleasure from a extra dependable connection straight with BMO. You solely want to do that as soon as and it’s out there at no extra price.
When you log in to Xero, you’ll simply want to seek out your BMO account on the dashboard and click on ‘replace financial institution connection’. You’ll then be directed to BMO the place you’ll be able to enter your banking login particulars and choose accounts to share with Xero.
When you haven’t arrange a financial institution feed with BMO earlier than, you’ll want to pick ‘Accounting’ menu, ‘Financial institution accounts’ then ‘Add checking account’. You’ll be able to then seek for BMO Business Financial institution and choose it from the checklist.
For step-by-step directions, take a look at this Xero Central article. Earlier than you improve or arrange your new BMO financial institution feed, ensure you have your Xero login, your BMO login, and any multi-factor authentication units useful.
A shared imaginative and prescient for small enterprise
Our banking partnerships are an essential a part of our imaginative and prescient to turn out to be essentially the most insightful and trusted small enterprise platform.
We all know there’s work to be performed, however we’re dedicated to constructing high-quality financial institution feeds within the US and Canada that make it simple to get your knowledge into Xero and prevent time on financial institution reconciliation in your small business or observe.
*Be aware: The brand new financial institution feed is just not out there to prospects in Quebec or those that have chosen French as their most popular language of communication.