You can import receive money (bank transactions - receive) into Xero from text, Excel and IIF files into Xero using Zed Axis. Follow these steps:
- Open Zed Axis and connect to your Xero company file
- Click on the import tab
- Browse to the file that you wish to import into Xero
- Create a map between the columns in your import file and the corresponding fields in Xero, a detailed explanation of the fields are included below.
- Click import and your data will be imported into Xero as receive money.
Here is a description of the fields that you can import on a receive money.
|Contact name||Mandatory - Name of contact (customer)|
|Line Item Description||Description of the sale|
|Line Item Quantity||Quantity sold (cannot be negative)|
|Line Items Unit Amount||Item price (must be greater than 0)|
|Line Items Account Code||Mandatory - Account code used on sale|
|Line Items Tax Type||Tax type used on the sale (see Tax Types)|
|Line Items Amount||Line amount|
|Bank Account Code||Mandatory - Bank account for the money received|
|Date||Date of Transaction in the format YYYY-MM-DD|
|Reference||Reference for the Money received transaction|
|Currency Rate||Exchange rate to base currency|
|URL||Url link to source document|
|Status||Transaction status code (ACTIVE)|
|Sub Total||Total of transaction excluding tax|
|Total Tax||Total tax on transaction|
|Total||Total of transaction including tax|
Error: The document total does not equal the sum of the lines
This error occurs when the Total value of the Receive Money transaction does not match the calculated total of the Line Items Amount. In order to successfully import into Xero this is required to match the calculation made by Xero. In some instances please make sure that if Exclusive amounts are being imported that the calculated amounts once tax is applied round to 2 decimal places.