Mayday simplifies the painful month-end process for multi-entity businesses and has cemented itself as the best-of-breed intercompany solution for Xero.

With its suite of products, in-house finance teams and accountants can eliminate manual intercompany tasks, as well as those complicated spreadsheets.

Mayday Balancer

Balancer makes reconciling your intercompany accounts and intercompany AR/AP simple and fast. No more toggling between Xero files, downloading transaction listings and manually matching transactions together.

With Balancer you can:

• Keep your intercompany accounts and AR/AP balances in sync across your Xero files.

• Find and fix any intercompany discrepancies in seconds, eliminating spreadsheets.

• Post FX adjustments on multi-currency accounts, and charge interest on intercompany loans in a single click.

“Balancer is a lifesaver for identifying discrepancies” - Katrina Bignasca

Mayday Recharger

Recharger eliminates the painful, time consuming, spreadsheet based, error prone approach to intercompany recharges.

With Recharger you can:

• Setup bespoke rules to identify and split Xero transactions across multiple entities, account codes and tracking categories.

• Run recharge calculations which sift through all of your Xero transactions automatically, and apply the rules you've created.

• Review and post your recharges, across multiple entities, to Xero in one-click.

“If you’ve used Xero’s bank rules, you’ll find the recharge rules so intuitive” - Yona Levander

Mayday BRAG

• BRAG enhances Xero’s bank reconciliation, making it easy to match transactions to bills and invoices or create transactions across group entities.

“BRAG makes the best screen in Xero even better!” - Lauren Harvey

Mayday HQ

Mayday HQ is your control panel for group-wide consistency, and data integrity.

With Mayday HQ you can:

• Instantly review lock dates and bank balances across your entities from one dashboard.

• Identify missing Chart of Accounts and Tracking Categories and push your fixes straight into Xero.

“Loved the grid form and traffic light system. Helped enormously with clean up." - Katherine Parry

Deferred Revenue & Prepayments

Built to automate the creation and recognition of Prepayments and Deferred Revenue Schedules, with these products, you can:

• Instantly identify which transactions which require treatment.
• Apply recommended schedules: Mayday creates the correct schedule for each transaction.
• One-click post your journals back to Xero.

“Mayday Deferred Revenue feature is easy to use and very flexible, so it can handle any situation you throw at it” Martin Goodwin

Whether you’re a franchisor, an international group, a chain, managing charges between departments or managing related entities, Mayday can save you days of manual work every month.

Watch the video below to learn more. Open in YouTube for:

• Balancer 00:13
• Recharger 01:40
• BRAG 03:05