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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"