Can I connect Xero to my bank accounts for automatic transaction import?

Yes, Xero allows you to easily connect your bank accounts for automatic transaction import. By integrating with over 200 financial institutions worldwide, Xero enables seamless synchronization of your bank data directly into your accounting software. This feature saves you time and minimizes the risk of manual errors. Once connected, your bank transactions are automatically imported into Xero on a daily basis, ensuring that your financial data is up to date and accurate. You can also set up bank rules to categorize transactions and reduce the need for manual entry, further streamlining your bookkeeping processes. With Xero's bank account integration, you can effortlessly reconcile transactions, track cash flow, and gain real-time insights into your financial position.