How to reconcile a supplier refund in Xero

Got a supplier refund sitting in your Xero bank feed? Learn how to reconcile the refund in Xero using a simple rule. Like 👍 and share if you enjoyed it! 🔥 videos: ⚡️9 most common mistakes    • 9 Xero Mistakes That Start Small but Creat...   ⚡️Xero Tour for Beginners (2026): What You’re Looking At and How It All Fits Together    • Xero Tour for Beginners (2026): What You’r...   ⚡️Xero payroll setup explained (2026): a complete guide to Xero payroll    • Xero payroll setup explained (2026): a com...   ⚡️Bills vs Spend Money in Xero: the rule that keeps your records clean    • Bills vs Spend Money in Xero: the rule tha...   ⚡️How to set up repeating invoices in Xero    • How to set up repeating invoices in Xero ....   ⚡️ Xero Homepage: What Changed and What Deserves Your Attention on the New Dashboard    • Xero Homepage: What Changed and What Deser...   ⚡️Xero Lock Dates (The One Setting That Protects Your Reports)    • Xero Lock Dates (The One Setting That Prot...   ⚡️ Xero Bank Accounts Explained: Add and connect business bank account    • Xero Bank Accounts Explained: Add and conn...   ⚡️ How to Manually Import Bank Statements into Xero    • How to Manually Import Bank Statements int...   ——————— 🥁 Xero Payroll Course ——————— If you want to understand payroll in Xero properly, join the waitlist to get early access to my Xero Payroll course: https://www.bookkeepingtutor.com.au/x... ——————— ✅ XERO ——————— Get Xero with 90% off for 6 (!) months https://bit.ly/subscribexero ——————— 📚 CHAPTERS ——————— 0:00 Intro 0:33 The "bank feed" method 1:12 The rule of allocating refund in Xero 1:56 Locate original transaction 2:52 Reconcile the refund in the bank feed 4:02 Check the accounts 4:32 Key takeaway ——————— Let's get social: Facebook:   / bookkeepingtutor   Instagram:   / bookkeepingtutor   Pinterest:   / bookkeepingtutor   Website: https://www.bookkeepingtutor.com.au Email: hello (at) bookkeepingtutor (dot) com (dot) au #xero #bookkeepingtutor #xerotips #xerorefund #refundinxero #smallbusinessbookkeeping #xerohowto #LearnXero #XeroTutorial #xeroforbeginners #xeroexplained If a supplier refund has landed in your bank feed and you're not sure how to code it in Xero, you're in the right place. This video shows you the simplest approach, what I call the bank feed method, and gives you the one rule that makes every refund straightforward. Whether the original purchase was entered as a Bill or a Spend Money transaction, the principle is exactly the same. Watch once and you'll have it done in under five minutes. 🔔 Subscribe for more tutorials    / @thebookkeepingtutor   =========== DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of the general information available. This video is not sponsored or endorsed by Xero.Some of the links above include affiliate links. If you click through and make a purchase from our partners, we may receive a commission at NO extra cost to you. It helps us provide Xero tutorials to you.