Paying BPAY Bills for Xero users

Use BPAY batching or BPAY auto-pay and say bye to manually paying and reconciling BPAY bills in Xero. 

BPAY for Xero
Parakeet Xero

If you are still manually paying BPAY bills and like to reduce your BPAY workload,  you can now choose between BPAY batching or full BPAY automation (auto-pay) to simplify your BPAY.

With our Xero integration and automated workflows, you can now use 1 BPAY batch file to pay 10s or 100s of bills all at once, or we can pay it for you under the auto-pay option.

Start your no-risk 14 days free trial now.  

Read the BPAY press release here

Parakeet and BPAY partnership

bpay-group-logo.png

Which option suits your business best?

Choose between BPAY Batching or Auto-Pay

If you choose BPAY Batching

BPAY Batch arrives in your inbox

When you register, you will tell us which bank to create the BPAY batch for. 

BPAY batch is supported by CBA, WBC, NAB, Macquarie & Bankwest.

The BPAY batch will be emailed to you or your designated team either on the due date or xx days (customisable) before it's due, ready for upload to your banking platform. 

BPAY Batching for Xero
CBA.gif
Westpac.png
Screen Shot 2022-04-06 at 2.35.40 pm.png
macquarie logo-vertical-inverse.png
Bankwest.png

If you choose BPAY Auto-Pay

We schedule & pay the BPAY bill for you

Load the bank accounts and/or cards you like to use in Parakeet. 

Drag & Drop to prioritise them in the order you like and we will make the payment to your BPAY biller on the due date or xx days if you prefer (customisable). 

BPAY bills for Xero
BPAY bills for Xero

Under both BPAY Batching & Auto-Pay Options

BPAY bills are marked as paid in Xero

Under BPAY Batch - once the batch is emailed to you, we mark each individual BPAY bill forming the batch as 'Paid' in Xero.

Under BPAY Auto-Pay - once the BPAY bills are paid on your behalf, we mark the BPAY bills as 'Paid' in Xero.

This is done automatically for 10 or 100 or 1000 BPAY bills, saving you time and effort.

Reconciliation

 

Your finance, accounts and bookkeeping team will appreciate this... see below for full breakdown.

BPAY Batching or Auto-Pay?

Not sure which BPAY option suits your business?

Download your free guide below.

BPAY Options for Xero
 

Pay tens or hundreds of BPAY bills, straight out of Xero

How it works

 

1. Update Xero contacts with BPAY details

Update the biller's details in Xero with their Contact Name, Tax (ABN) and BPAY details (screen shot below) and you are set.

BPAY for Xero
Screen Shot 2022-02-09 at 9.50.29 pm.png
Screen Shot 2022-02-09 at 10.00.24 pm.png

2. Tell us when you want the bills paid

Load the bills as you would normally in Xero and we automatically schedule it for batching (or payment) based on the due date you set. 

We can even customise it so we batch (or pay) xx days before the due date so you are never late.

3. Approve the bills

We will never pay your bills unless you have approved it in Xero. 

 

We accept all approval tools such as Xero's in-built approval button or another app like Approval Max.  

Once you approve it in Xero, we automate the scheduling, batching (or payment) and reconciliation of your BPAY bills. 

 

You can also add an extra layer of control by enabling Parakeet's in-build approval step. 

Screen Shot 2022-02-09 at 9.38.40 pm.png
Screen Shot 2022-02-09 at 9.39.27 pm.png
xero-logo.png
pinpng.com-5-star-rating-png-1289626.png

"No Brainer, time saver!
Excellent service from the guys at Parakeet! Has saved the business so much time with Bpay payments. Highly recommend!"

Powering Australia's business community

Aria Parakeet.png
Parakeet Seamless Rewards.png
Parakeet Propel.png
Parakeet Head Start Home.png

Timberly Williams

Reconciliation - We create the chart of accounts in Xero for you and...

Sort out the book keeping entries too

%2B_edited.png
-_edited.png

Every BPAY bill paid (or batched) is individually marked as paid in Xero and closed out correctly to save you time and effort.

Screen Shot 2022-04-06 at 4.24.42 pm.png
Screen Shot 2022-04-06 at 4.24.14 pm.png
%2B_edited.png
-_edited.png

For any BPAY bills you paid via Card, we create a 'spend money' in Xero and record it against the interim clearing account and book it under your new surcharge expense account.   

 

You can of course, customise where you like to book these entries.

%2B_edited.png
-_edited.png

Finally, we 'net' the amount you paid into a 'Final Clearing' account (we establish for you)  so when you download and reconcile your bank statement, you will see the net amount, ready for you to 'match' off. 

 

In this example,  we paid 30 BPAY bills totalling $6,187.50. 

Now instead of your allocating the $6,187.50 entry to the 30 BPAY bills, you simply have to do a "1 - click transfer" to your 'Parakeet AP Clearing (Final)' account.   

Reconciliation done.

Screen Shot 2022-02-03 at 2.52.51 pm.png

What users think of our Xero BPAY integration

BPAY Batching, finally!

"Been waiting for this for so long!    Finally, I can now upload the one BPAY batch into my internet banking and bang, it's done. I don't even need to login to Xero anymore after I load up the bill! Highly recommended"

Do you handle more complex BPAY scenarios?  No problems.

We work with finance and accounts team to simplify complex BPAY scenarios. 

  • We handle high volumes of BPAY payments on behalf of your customers.  e.g. health care providers, NDIS providers, property managers, lease agents and franchises.

  • Create custom workflows to cater for different BPAY Customer Reference Numbers (CRN) each time. 

  • Bulk update of BPAY biller codes & CRN into Xero

  • Create Auto-Payment from BPAY batch files (from other systems) and feed data back into Xero for bank reconciliation​

  • Use OCR (optical character recognition) capability to streamline the process for you.  

  • These capabilities work with both BPAY batching and Auto-pay options. 

Let's make BPAY easier.
Start your 14 days free trial now. 

Reduce your BPAY administration - 14 days free trial

Simplify your BPAY bills
All inclusive Fixed Fee Pricing

POPULAR

Growth Plan
$50 per month

Inclusions
500 bills paid / batched per year 

After 500th Bill
$1.30 per bill 


Inclusions resets every 12 months

 

Monthly Memberships Plans

Start with 14 days free trial
Then select one of the plans below

Growth Plan 

$50 per month
500 bills per year
$1.30 per bill thereafter

Scale-Up Plan 

$80 per month
1,000 bills per year
$1.10 per bill thereafter


Established Plan

$250 per month
3,500 bills per year
$1.00 per bill thereafter


Large Plan

$400 per month
6,500 bills per year
$0.90 per bill thereafter

Enterprise Plan
Price on application

>6,500 bills per year
Enquire for custom pricing
 

 

All membership packages include:  

Integration:

Bills module:

(Watch the bills module demo here)

bpay-group-logo.png
retailbiz.png
Australian-FinTech-Powered-by-Envestnet-Yodlee-e1629863057536.png
2033022.png
DISER-Business-EP-rgb-colour-inline.png
298fc9_16cf675d32c7469aa1a0b4162261da00~mv2.jpg

Frequently asked questions

 

1. What options do I have with managing BPAY out of Xero?

You have 2 options. 

You can choose between our fully automated BPAY bill payment solution OR start with Parakeet emailing you BPAY batches for you to upload before or on the due date. 

 

In both options, Parakeet still automates the process of applying payment and reconciliation entries for these bills. The only difference is whether we make the payment for you, or you choose to receive a BPAY batch to upload into your banking platform.  Download our free guide here.

You can select which option you like to start with when you sign up here

2. Can I just use Parakeet for BPAY and not EFT?

Yes.   We can either automate the payment of all your BPAY bills or just provide you with the BPAY batch.

We can exclude normal non-BPAY vendor payments. 

You will tell us when you sign up, which option you like to select.

3. For BPAY batches, which bank formats do you support?

Our BPAY batch formats supports National Australia Bank, Westpac, CBA (Commbiz), Bankwest, Macquarie Bank. 

 

If your bank is not listed, it means they are not compatible for BPAY batch. In this case, you can choose the Auto-Pay option which automates your complete BPAY payment with us.

4. Can you pay the same BPAY biller BUT with different reference numbers each time?  Can you automate this?

Yes we can customise this for you.


Contact us to find out more.

5. How about reconciliation? Do you apply the payment to the bill?

Yes we do. 


Every bill that we manage, whether via our full automation option or BPAY batch file email option, we  automatically apply that payment to the bill. 


When it comes to do your bank reconciliation, you simply use our '1-click-n transfer' to the Clearing Account we established for you. 

6. How does it work?

In 3 steps.


1) Update  BPAY biller details into Xero Contacts
 

2) Configure your Parakeet account & Connect to Xero
 

3) Approve your bills in Xero (either using Xero's approval or other approval apps such as Approval Max, etc)

7. Where do I provide the BPAY details?

You input the BPAY and customer reference number (CRN)  into the 'batch payments' section of your Xero contacts. 

Refer to here.

8. What do I need to prepare?

As long as your Chart of Accounts, Contacts (in Xero) & Awaiting payments queue (in Xero) are updated with accurate information, then that is all you need to do.  

9. What about non-BPAY suppliers/vendors?

Yes, we manage those too in exactly the same way.  

 

The only change is the different information we need in your Xero contacts.

10. Can I pay my BPAY bills via Credit Cards and/or Bank Accounts?

Using BPAY batching option:


You will manage this when you upload the BPAY batch to your internet banking platform.   Unfortunately, we will not know if a BPAY biller accepts cards or bank accounts only.  

Using Full automated solution:


Yes, you load your Bank Accounts and Credit Cards into your Parakeet Wallet and rank your payment methods in order or preference.  We will pay your BPAY bills using your prioritised payment method.

11. When do you pay my BPAY billers?

Using BPAY batching option:

We generate the BPAY batch file and email it to you either 1 day (customiseable) before the 'Due Date' you set in Xero or on the due date itself. 

 

Using Full automated solution:

 

We use the 'Due Date' you set in Xero. We do recommend you take into account the Clearing time (next question) required based on different payment methods.

12. How long does it take for the funds to reach the billers?

Using BPAY batching option:

Usually the next business day. 

Using Full automated solution:


If you are paying via Bank Accounts, it is +3 business days for Clearing by the Banks.  Otherwise if you are paying via Credit Cards, it is +1 Business days for Clearing by the Card network. 
 

13. What volumes can you handle?

Any. Whether you are doing 5 or 1000 bills per week, our platform and processes will scale with you.  

14. If I try it and don't like it, can I switch it off?

Yes, you can.  It's a simple toggle to switch it off.

 

15. Can you take a BPAY Batch I have and pay it for me?

Yes.  We can even push details back into Xero for you.

Contact us to discuss your scenario.  

Let's make BPAY easier now.