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By Mayday
5 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
48 Reviews
5 star(100%)
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Lucyna Raczkowska
5 out of 5 stars

Gone in 60 seconds (but why did we wait so long?!!!!)

That's how long it took for our world to be changed by Mayday. We have so many cross entity-bank transactions as a group. So, so many hours of pain each month. BRAG has been a revelation and has delivered a revolution for us. It was unbelievably easy to set up. In 60 seconds we had the extension downloaded and our account codes mapped. And that was it. We were ready to start using it. We'd been aware of Mayday for a good few months. In our minds, we had been Mayday users for a while. But every month, something came up which meant we would push back getting started. I can't believe we left it so long. It took so little time to set up and the impact has been beyond huge.
Nicole Searle
5 out of 5 stars

What Recharges?

We were very excited to test a new way of processing recharges, moving away from the manual slog that we were used to. Mayday was a bit of a dream when it worked. Took a bit of time to set up all the rules and change our mindset in posting in Xero, but it is such a time saver, that going forward I don't think we will be ever able to look back. David has also been nothing but amazing, from extending our trial period when we ran into a busy period and unable to test, to constantly keeping us updated and helping us with setup. Very happy with Mayday, and look forward to utilising further with the BRAG and Balancer functions!
jatin Sawhney
5 out of 5 stars

A multi-entity must have

We were so excited to discover Mayday. The Xero world has been crying out for a solution like this. We have lots of entities in our group with lots of different costs that need to be recharged. It used to cause us so much pain at month end. Not any more. Mayday is so well conceived. So well executed. It has slotted in brilliantly as part of our tech stack. The team are great. So accommodating and eager to help.

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

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




Setup walkthroughContact


Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.