For many finance teams, month end is dominated by hours spent manually identifying transactions, calculating adjustments and posting journals

Mayday reduces these manual workflows to one-click, enabling a faster, error-free close

Through Mayday's partnership with Xero, we are offering new customers 50% off. Use these codes at checkout:

• 𝗫𝗘𝗥𝗢𝟱𝟬𝗠𝗢𝗡𝗧𝗛𝗟𝗬 → 50% off first 6 months
• 𝗫𝗘𝗥𝗢𝟱𝟬𝗔𝗡𝗡𝗨𝗔𝗟 → 50% off first year

Here’s what you can automate with Mayday:

𝗖𝗼𝗿𝗲 𝗪𝗼𝗿𝗸𝗳𝗹𝗼𝘄𝘀:

𝗗𝗘𝗙𝗘𝗥𝗥𝗘𝗗 𝗥𝗘𝗩𝗘𝗡𝗨𝗘 & 𝗣𝗥𝗘𝗣𝗔𝗬𝗠𝗘𝗡𝗧𝗦: Automate the creation and recognition of deferred revenue & prepayment schedules

• Problem: Posting expense & revenue journals requires manually identifying transactions, calculating schedules and posting to Xero

• Solution: Instantly identify transactions, apply recommended schedules and post to Xero in one click

“Easy to use & flexible - handles any situation you throw at it” Martin Goodwin

𝗜𝗻𝘁𝗲𝗿𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗲𝘀:

𝗕𝗔𝗟𝗔𝗡𝗖𝗘𝗥: Keep loan accounts in sync

• Problem: Loan accounts fall out of balance due to posting asymmetry, FX errors, missed interest

• Solution: Instantly flag discrepancies, pinpoint culprit transactions and post FX or interest adjustments to Xero in a single click

“Lifesaver for identifying discrepancies” Katrina Bignasca

𝗥𝗘𝗖𝗛𝗔𝗥𝗚𝗘𝗥: Automate recharges

• Problem: Manual recharges mean exporting transactions, identifying treatment, calculating in spreadsheets and posting line-by-line

• Solution: Setup rules to identify relevant transactions and automatically apply recharge calculations. Review and post as invoice, bill or journal to Xero

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

𝗕𝗥𝗔𝗚: Reconcile bank transactions across the group

• Problem: In Xero's bank rec screen, you can’t see cross-entity matches and must switch entities to find corresponding invoices or bills

• Solution: BRAG extends Xero’s bank rec screen to group level. Instantly match transactions to other entities’ invoices & bills, create a new bill, invoice or transfer in the right entity

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

𝗛𝗤: Ensure consistency across group Chart of Accounts & Tracking Categories

• Problem: Misnamed or missing Chart of Accounts & Tracking Category codes across entities lead to reporting errors

• Solution: Easily fix or add codes and post directly to Xero

“Love the grid form and traffic-light system” Katherine Parry

𝗖𝗹𝗼𝘀𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁

𝗘𝗔𝗦𝗬 𝗠𝗢𝗡𝗧𝗛 𝗘𝗡𝗗: Achieve a smoother close and quicker balance sheet recs

• Problem: Month end lives in spreadsheets and emails, tasks get missed and balance sheet recs are time-consuming

• Solution: EME brings month-end tasks into one central platform. Track checklists and complete balance sheet recs without manual confirmations

“Takes the hassle out of month end” Hugo Strydom