Zeller and Xero: Teaming Up for Bank Feeds

Discover a better way to store and spend business funds. Zeller Transaction Account is a powerful business transaction account that makes keeping on top  of your spending, transactions, payments, settlements and invoices, and making managing your business financial health simple and straightforward. When you sign up for Zeller, you get a free Zeller Transaction Account instantly  — there’s no paperwork or need to visit a bank. Some business bank accounts are outdated. Many are simply a secure place to store funds. With Zeller Transaction Account, you can replace your outdated business bank account with next-gen technology that gives you one place to see your incoming and outgoing transactions in real time, understand customer and business spending, and track payments across your entire business — right from your computer or smartphone. New enhancements make the Zeller Transaction Account the most powerful transaction account for any business stage or type. Whether you operate a start-up or a scale-up, sell face-to-face or online, or manage contractors as part of an agency, Zeller has the right financial services solution for you. Zeller Transaction Account can be used together with other Zeller products, or as a standalone Transaction Account for businesses that: need a place to settle funds to don’t have an established banking history, yet need a transaction account fast want solutions to help manage expenses across a wide range of employee or contractor types, without the fuss. Keep reading to discover how Zeller Transaction Accounts work. An all-in-one solution Zeller’s suite of products support all of your business’ financial needs. Funds accepted via Zeller Terminal are settled to your Zeller Transaction Account nightly, 365 days a year, and then instantly available to spend with your Zeller Debit Card . Plus, with your own Account Number and BSB, you can invite customers, clients and other third parties to transfer funds directly to your account when paying your business for invoices. Alternatively, Zeller Transaction Account can be used as a standalone business account to store, save and manage your funds. Meet your new Transaction Account Zeller Transaction Account is an all-in-one business account for growth-minded merchants. Complete with BSB and Account Number, it’s packed with all of the tools you need to manage, categorise and spend business funds. Instant setup Create your Zeller Transaction Account in a few simple steps online , with no lengthy paperwork or need to visit a bank branch. In fact, it’s the fastest and simplest way to sign up for a business transaction account, anywhere in the world — most business owners can be set up with a new account in under 5 minutes. You can create as many free Transaction Accounts as your business needs — whether that’s one for every business location, one for saving and another to store petty cash for employees to spend with their Zeller Debit Cards , or any other setup. No matter your business stage or type, Zeller can support the way you run your business. Real-time and unlimited transfers Outdated business banks will make you wait days to receive your funds — and even longer on weekends and public holidays. With Zeller Transaction Account, funds are transferred in real-time. Powered by the New Payments Platform, Zeller enables faster, simpler, smarter payments for every business. With your Zeller Transaction Account, you can send and receive funds in real-time for instant cash flow. All businesses need fast cash flow. Whether you're a market merchant needing their funds settled to buy fresh produce, an agency wanting to pay its contractors faster for completed work, or an online seller needing to pay a drop-shipper to release the goods so you can fulfil orders — Zeller’s nightly settlement gives you the fastest way to access your hard-earned money. Instant, fee-free spending Create and issue virtual Zeller Debit Cards, or order physical cards, online in an instant. Then, connect your card to one of your Zeller Transaction Accounts so you and your staff can spend business funds to make purchases in-store and online. Simple expense management Zeller Transaction Account is the most powerful account for modern businesses. That means you have the ability to upload receipts, add notes, categorise transactions, and assign contacts to transactions so you better understand the customers spending with your businesses as well as the businesses you’re purchasing from. Powerful business insights Real-time transaction lists and reporting, available in both Zeller Dashboard and the Zeller App (coming soon), empower you with the insights you need to run a successful business. Plus, funds settled to and withdrawn from your account are easily accessible, from wherever business takes you. Xero Bank Feeds integration Rely on Zeller’s up-to-the-minute integration with Xero bank feeds to reduce the admin load of manual transaction uploads and reconciliations. When funds are settled to your Zeller Transaction Account, transaction information appears in your Xero organisation instantly. Secure access can be granted to third parties like your bookkeeper or accountant, ensuring you’re working as efficiently as possible from the exact same data. Get started today Zeller Transaction Account gives you complete oversight of your finances to help you make smarter business decisions. Having the ability to see your true financial position at any point in time enables you to identify opportunities for business growth and see where savings could be made. Open your free Zeller Transaction Account online in minutes today.

Discover how filtering how can help you understand your business cash flow. Reporting is a critical part of every business operating system. Understanding the amount of money flowing into your business — as well as where it’s coming from, and when — is key to the health of your business. With an EFTPOS system, customer payments are processed in real time. That means you can easily keep track of transactions. What's more, by tapping in to Zeller's intelligent reporting functionality, you can use up-to-the-minute business information to make smarter decisions. Filter transactions by time From Zeller Dashboard, you can download a list of transactions processed through Zeller Terminal . New advanced filtering functionality enables you to pinpoint a customer down the minute. The latest filter enhancement enables you to filter by time, so if your business trades past midnight, your “business day” can extend to the next morning. This is particularly useful for late-night restaurants, bars, clubs and entertainment venues. Instead of splitting transactions accepted before midnight from those accepted after midnight, you can now have a full view of funds accepted via Zeller Terminal during any given period. How to filter transactions in Zeller Dashboard The next time you go to export a list of recent transactions from your Zeller Dashboard, try the filter functionality. Use filters to search by: terminal transaction status reference number or card number dollar amount date time Say you run a pub that operates between 11am and 2am, and you need a list of transactions that happened at the front bar over the course of a business day. You would set the start date as Friday at 10am, and end date as Saturday at 2am. Then, click export transactions. You'll immediately receive a list of every transaction processed via your Zeller Terminal between those hours, for filing or further analysis as needed. We know every merchant runs their business in their own unique way, so you have the option to download these histories as a CSV, PDF or Excel (XLS) file — whatever works for your business. From there, use your transaction list to work out your card mix, identify refunds and cancelled transactions, and check progress towards benchmarks. How to filter transactions on Zeller Terminal It's likely that you won't grant all members of staff access to your Zeller Dashboard, so this information is also available on Zeller Terminal. This makes end-of-trading-day reconciliation a breeze. From the Transactions, Terminal and Site Reports screens, simply set the search parameters by changing the hands of the clock face to reflect business trading hours and follow the prompts to create a list of all transactions that occurred within that timeframe.  You can then reconcile the total transaction amount against your point-of-sale system. Visit the Support Centre for more information about filtering and viewing transaction reports for a specific date range.

Empower your business with real-time visibility over the financial health of your business. As a merchant, visibility of your business’s incomings and outgoings is critical. Having the ability to quickly see how your business is performing at any point in time enables you to quickly understand your short-term cash flow, progress sales targets to meet (and outperform) business objectives, and ultimately make smarter business decisions. Yet for many business owners, this simply isn’t a reality. Most are flying blind until daily transactions are tallied up at close of business, and pertinent financial information is often unavailable until the bank issues a merchant services statement at the end of the month. At Zeller, we believe in arming our merchants with as much information as possible so smart business decisions can be made quickly. Zeller Dashboard is your one-stop shop to track how your business is performing, and identify opportunities for growth. Powerful, real-time data at your fingertips Zeller Dashboard provides insight into the financial health of your business at a glance. There are three distinct sections to the page. Daily and monthly sales totals, together with a graph depicting the total value of sales collected over the last 30 days. Daily and monthly performance insights, including total tips collected, tax payable, and surcharges paid. Recent transaction lists, which track payments accepted via Zeller Terminal , settled in to and transferred out of Zeller Transaction Account , and spent using Zeller Mastercard . Each section has been expertly designed to highlight the most important figures and provide a snapshot of your business’s financials — without you needing to lift a finger. How Zeller Dashboard works Zeller Dashboard page enables you to check key financial information  — all from the one place, complete with up-to-the-minute charts and graphs tracking daily and monthly progress. Unlike most traditional business bank accounts , the Zeller Dashboard gives you a clear visualisation of your transactions and cash balance over time, so you can take these insights and channel them back into supporting your business. 1. Track daily sales totals at a glance Forget combing through financial records to manually calculate whether your business will meet its daily sales target. At the top of the page, you’ll immediately see: your takings for the current month your takings for the current day a graph of your takings over the last month This information will help you to quickly see how much your business has processed at any given time. Click View full report and you’ll be taken to the existing Reporting page, where you can gain deeper insights into your sales performance — including total sales by day of the week as well as hour of the day. 2. Monitor business performance by location Under Site performance you can immediately identify: total amount collected surcharges tips received tax payable refunds issued across all sites on both a daily and monthly basis — as well as how those figures compare to the previous period. You can also see performance per site, which is helpful for those with multi-site businesses. With this level of visibility, you’ll be able to more easily identify whether an end-of-day sales push is necessary, for example. 3. View recent transactions in real-time In the right-hand pane of Zeller Dashboard, click between Payment, Accounts, and Cards to see a list of recent transactions processed through Zeller Terminal , settled and withdrawn from Zeller Transaction Account , and made using Zeller Mastercard . You can also quickly transfer funds from your Zeller Transaction Account to another account. Real-time transaction visibility gives your staff the ability to quickly identify the reason for a declined transaction and progress the sale, says Zeller merchant and owner of White Lily Couture , Quinton Evans. “I’ve shown my staff how to pull up the page and view transactions live. It saves a lot of time. When a card was declined on our previous, bank-issued terminal, it would beep and print off a receipt with a code that means absolutely nothing to anyone — except someone who works at a bank. A lot of the current EFTPOS technology is stuck in the past,” says Quinton. “But with Zeller, the reason is right there on the screen. You can tell the customer that the PIN they entered was incorrect, or that they’ve exceeded their withdrawal limit. That’s fantastic — it means the customer can fix the problem and make their purchase.” You also have the ability to view live transactions from the Transactions page. Zeller Dashboard replaces the original Overview page — which can still be accessed via Reports under Payments . By surfacing critical financial information in real-time, Zeller Dashboard gives your business an advantage: immediate visibility of how business is tracking at any point in time.