💡 What We Know So Far About Xero’s New Auto-Reconcile (JAX) Xero’s new automatic bank reconciliation — powered by JAX — is now rolling out, and here’s what’s clear from their latest updates: ✔️ You have to turn automation on for each bank accountIt’s not automatic by default. You choose which accounts JAX is allowed to help with. ✔️ JAX will auto-reconcile transactions only when it has “high confidence”This means it won’t guess. It only matches when the system is sure. ✔️ You still have full visibility and controlYou can review, adjust, override, or switch off automation at any time. ✔️ A new “Reconciled” view will show what JAX has processedSo you can easily see what’s been automatically matched behind the scenes. 🔍 Bottom line Xero/JAX can auto-reconcile future transactions — but only if:1️⃣ You’ve turned it on for that bank account, and2️⃣ JAX is confident the match is correct. It’s smart, it’s helpful… but it still needs your oversight.

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https://blog.xero.com/product-updates/automatic-bank-reconciliation-jax-beta/?utm_source=sfmc&utm_medium=email&utm_campaign=GL-4765-O-ABP-PRD-ROW&utm_content=&sfmc_key=092dbab8eee2c9b361af5a222fe4c06f7beb7cb6-R0wgNDc2NSBPIEFCUCBQUkQgLSBPcGVuIEJldGEgTGF1bmNoIEVtYWlsIC0gQUIgLSBBTlogYW5kIFJPVw==