Taming The Numbers: A Horse Trainer Taps Into New Bank Feeds | Xero Accounting Software
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Taming The Numbers: A Horse Trainer Taps Into New Bank Feeds | Xero Accounting Software

August 23, 2019

Tyler: NAB Xero bank feeds have given me a
lot more financial situation within my business and that also gives me a lot more
security with the transactions and purchases. My name’s Tyler Donaldson-Aitken. I work
with racehorses, breaking and pre-training. I’ve worked in sales my whole life, run
my own business now as a breaking and pre-training operation and haven’t looked back since.
How I got set up with NAB was through Mulcahy & Co, my accountant. They first introduced
me to it and then I went in there and they sort of set me up with all the accounts and
the feeds and making sure it feed consistently and not doubling up or anything like that. Mark: Setting up the new NAB Xero bank feeds
is a lot simpler than it was in the past. The client’s simply able to log into their
own internet banking and get the feeds set up and running. This means that we don’t
have to use the forms and don’t have to wait for the file to be up and running. Tyler: It’s updated on a daily basis and
I don’t have an office. I can go reconcile account and see where I am financially no matter where I am, whether it’s in the stables, on a
horse, or traveling somewhere in the truck. So it’s really handy. Mark: The new NAB Xero bank feeds really make our life easier. Instead of waiting to send clients information up to the bank, get them to sign it and wait for the feeds to start. We can get access to that straight
away. and now with more accounts, including credit cards, we can really analyze the business right from the start.

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