Xero Bank Clearing Bank Rule



Setup a Bank Rule in Xero to allow the Payment amount to be transferred from Ostendo Bank Clearing to the Bank Account


  1. Ensure this is a ‘Receive Money Rule’
  2. Set to match ‘All’ conditions when Amount is greater than Zero
  3. Set to ‘the Payee from the bank’
  4. Set the following:
      • Description – Transfer From Ostendo Bank Clearing
      • Account – Ostendo Bank Clearing
      • Tax Rate – No GST
      • Percent – 100%
  1. The reference will be set ‘from the Reference’
  2. Target Bank Account – All or nominated
  3. Title – Ostendo Bank Clearing




This completes Method 2 setup, now refer to Cost Centre Mapping Section