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Settlement & Status Updates

Fund Settlements​

Funds accumulated throughout the day will be transferred to your nominated settlement bank account the following day at 11PM AEST or 12 midnight AEDT.

Updates on your Xero Account​

Hello Clever performs the following operations against your Xero account outside of the connection process:

Payments to invoices result in the following in realtime:

  1. Update invoice paid status
  2. Post debit to fees account
  3. Post credit to the "Hello Clever Account"

Transfer to your settlement account:

  1. Post credit to your nominated settlement account
  2. Post debit to your "Hello Clever Account"