Effortless BPAY Reconciliation For Xero Invoices

Automate Your BPAY Invoice Reconciliation

Parakeet automate the reconciliation of your Customer's BPAY payments in Xero.

Parakeet receives the payment file from your BPAY provider and automatically match payments to invoices in Xero.

Whether you process 5 or 500 payments per day, reconciliation runs smoothly - fully automated.

With over 98% auto-matching, you only need to handle the exceptions.

Book a 30 minute call or contact us to see if your business qualify.

Contact Parakeet

Book Free Call

Did you know...

BPAY removes the risk of email scams and invoice fraud?

Learn more here.

How Auto BPAY Reconciliation Works

Free Up time and Reduce Errors

Prerequisite - Set up Xero Invoices to Receive BPAY

Configure Xero to Accept BPAY Payments

If you already have a BPAY facility with an approved provider or are setting one up, you are ready to go (See list of approved providers).

Parakeet helps you configure Xero invoices to automatically include:

BPAY facility details
BPAY logo
Biller Code & CRN (Customer Reference Number)

Refer to our service here for more details.

Parakeet Receives Your BPAY Payment File (BRF or CSV)

Automate Your Daily Payment File Transfers

We work with you to determine the most efficient way to deliver your daily payment file to Parakeet.

Whether that's via email, shared drive or limited login access, we can accomodate.

Parakeet Translates the BPAY Payment File

Match BPAY Payments to Xero Invoices

Once Parakeet receives your daily payment file, we automatically:

Read and extract payment data
Find and match BPAY receipts to outstanding Xero invoices
Mark invoices as paid and;
Reconcile payments to a clearing account

Exceptions such as reversals, over-payment or part-payment remain under your control for manual review.

Stay Notified When BPAY Payments Are Reconciled

Know What's Matched and What's Not

Parakeet keeps you informed by sending:

A Reconciled Report showing which invoices where matched in Xero
A "Non-Reconciled" Report listing unmatched BPAY Payment Reference numbers for easy follow-up

Parakeet Uploads BPAY Payment Details Into Xero

Good Governance & Easy Payment Tracking

For every matched Xero invoices, Parakeet automatically:

Updates the invoice with the BPAY Payment Reference Number
Attaches a copy of the Daily Payment File

With all BPAY payment data centralised in Xero, audits, tracking, and troubleshooting becomes effortless.

Simple Bank Statement Reconciliation

1-Click Bank Transfer Matching

When a BPAY deposit appears in your bank statement in Xero, simply "Transfer" it to the Clearing Account we have set up for you.

This eliminates the need to manually match individual BPAY receipts to Xero invoices - saving you time and effort.

With just one click, reconciliation is complete.

"The customer service at Parakeet is fantastic, making the BPAY rollout to our customers as smooth as possible."

No obligation and cost free evaluation

When is the best time to involve Parakeet / BPAY?

We recommend you Involve us as early as possible to ensure our solution will complement your processes.

Whether you are planning or migrating to Xero, Parakeet can be added at any time.

There's no cost to involve us, so if you are considering adding BPAY to your Xero invoices or BPAY Reconciliation, contact us to discuss.