If you are not yet generating payments from your accounting system, we think this is one of the best improvements you can make to your internal controls.

As your Supplier Invoice volumes increase, Batch Payments also help reduce the manual work in making payments outside of your accounting system.

More banks are getting added regularly by Xero & MYOB to automatically send the payments directly into your bank account, removing the upload batch file step.

Having your Supplier bank accounts in Xero \ MYOB also allows Watchful Eye to report on any records with similar bank accounts, support your internal controls when bank accounts change & for validating when paying a supplier for the first time.

Xero & MYOB have plenty of online resources to help you set up Batch Payments, here are a couple to get you started.

Xero help resource:


MYOB help resource: