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By Mayday
4.96 out of 5 stars
The intercompany module: Auto-balanced intercompany loan accounts | Recharge automation | Cross-entity bank rec. Multi-entity bliss. Xero Emerging App Partner of the Year 2023.


The Intercompany Module for Xero

"Mayday - where have you been all my life?!" - Cheryl Morgan, Unity Health

Mayday eliminates the pain of manual accounting adjustments, saving finance teams a whole day of work each month and improving accuracy. Multi-entity with Xero has never been so easy.

Mayday Balancer

  • Never again will your intercompany loan accounts fall out of balance: Balancer cross-checks your intercompany loan accounts to ensure both entities show equal amounts.
  • Discrepancies clearly visible: quickly find the culprit that unbalanced the accounts and rectify posting asymmetry.
  • Simplified adjustments: any FX and/or interest adjustments are auto-calculated for you to one-click post back to Xero.

Mayday Recharger

  • Automate intercompany charges: removing the manual work of recharging costs and revenues between group entities. Reducing scope for human error, and average recharge time by 98%.
  • Create your own rules: like the bank rules you use in Xero, create rules to automate the calculation of your intercompany recharges.
  • Aligned with Xero processes: your recharge rules will pick up the relevant Xero transactions and calculate your recharges. Then one-click post back to Xero. A task which used to take a whole day is now a tick-box task which takes just minutes.

BRAG (Bank Reconciliation Across the Group)

  • Cross-entity bank rec made simple: easily and efficiently match transactions where one group entity pays a bill or receives money for an invoice posted in another group entity, eliminating the risk that a bill could be paid twice.
  • Xero extension: the bill or invoice can be matched by the entity that paid or received it directly from that entity's Xero bank rec, and marked as paid without the need to switch Xero files.
  • Automate loan account postings: matching payments across entities with BRAG automatically generates the relevant loan account postings.

Mayday is built on deep industry insight and a passion for building brilliant accounting technology. Proud winners of the Xero Emerging App Partner of the Year Award 2023.

Watch the following video to learn more about our products. To watch the section for a particular product, please open the video in YouTube and use the following timeframes:

  • Balancer 00:00-01:42
  • Recharger 01:43-05:01
  • BRAG 05:02-07:32
Play Video
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Mayday + Xero

"Mayday gives Xero wings" - Harriet Hope, Arbolus

Mayday integrates securely with Xero, connecting with your Xero organisations and pulling all the relevant transaction data.

Balancer syncs with your Xero organisations and uses loan account mappings to display your postings side-by-side. We automate the relevant FX and/or interest adjustments and you one-click post them to Xero.

Recharger syncs regularly with your Xero organisations so that you can access each group entity’s information in real-time, automate the relevant recharges, and one-click post back to Xero.

BRAG is a browser extension that functions from within the Xero bank rec interface, enhancing Xero’s regular bank rec so that it now works for cross-entity bank rec.

Reviews & ratings

5.0 out of 5 stars
128 Reviews

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Most recent reviews

Carol Zimri
Posted 15 Nov 2023
5 out of 5 stars

A unique solution to our multi-entity pains

Mayday is exceptional. It's straightforward, highly effective, and does exactly what we need it to do. Balancer is an outstanding addition to the product suite, automating the task of keeping our intercompany loan accounts in check. There's no other product quite like this in the entire Xero ecosystem.
Florah Umukundwa
Posted 10 Nov 2023
5 out of 5 stars

A vital tool

Mayday is a vital tool. It dramatically streamlines our month-end process, saving us a significant amount of time. We’re also way less stressed at month end now that we use Balancer to manage our intercompany loans.
Danica Agregado
Posted 10 Nov 2023
5 out of 5 stars

A dynamic asset for our multi-entity clients

Mayday seamlessly nestles into our tech arsenal, serving as a dynamic asset for our multi-entity clients. Its intuitive and powerful features make multi-entity on Xero a breeze and we’re delivering a really high-quality, valuable service. We can't imagine life without it.

Additional info

Shared data

Receiptsshared from Mayday to Xero
Paymentsshared from Xero to Mayday and from Mayday to Xero
Invoicesshared from Xero to Mayday and from Mayday to Xero
Accountsshared from Xero to Mayday
Tracking Categoriesshared from Xero to Mayday
Manual Journalsshared from Xero to Mayday and from Mayday to Xero
Journalsshared from Xero to Mayday
Credit Notesshared from Xero to Mayday
Contactsshared from Xero to Mayday
Bank Transactionsshared from Xero to Mayday


Accountant toolsReporting


Professional servicesAccountingFranchise

App details

By Mayday
Added in 2022


Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States




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