Enter your idea

Xero you are bleeding customers due to increased fees. That you aren’t prioritising upgrades that are standard features for your competitors is shocking. Provide a timetable for beta and full deployment schedule for each idea so that we can actually see it working its way through the apps dev pipeline!!!

This is a critical feature. Adding it would save a lot of administration time, improve customer service and reduce lost income

This is a pretty basic function for an accounting/billing system.

It's high-time Xero pulled finger and added the functionality.

C'mon Xero -are you listening?

Please add a settlement discount option in the bank reconciliation page. Over 10 years in the making!!!!!

From and including: Tuesday, 22 January 2013
To, but not including Monday, 18 November 2024

Result: 4318 days
Or 11 years, 9 months, 27 days excluding the end date.
Or 141 months, 27 days excluding the end date.

Come on Xero, either say you aren't doing it or give us a date by which time the feature will be ready. Don't keep everyone hanging like this. It's really frustrating and quite frankly, it's an immature way of dealing with the issue.

This feature request has been brought up years ago... What's taking so long?

@Lynda McDonagh. We have to realize that Xero will NEVER implement any of the features that accountants really need, such as this basic function expected to be available like the other accounting packages. Imaging since 2013 accountants was pleading for this feature and other important features, and nothing. They have become to important for small businesses.

This would be extremely helpful to have at any/all of these screens:
Add Payment; Deposit; Reconciliation

How do they leave users hanging for over 10 years?

A client who has just migrated from SAGE L50 has requested this feature.

How do you not have this function at a "big" brand accounting software? For 11 years, people have been wanting this. Do you listen to your customers?
Please it's now 2024 nearly 2025 surely it can't be that hard to create!

This would be a great feature to have, we are considering offering settlement discounts again but the process is currently quite cumbersome having to raise credit notes which is putting us off.

This is critical for our plans and how we would like to charge our customers.

We would love to be able to offer early payment discounts to our clients to encourage the timely settlement of invoices. We feel that this is a critical element of Xero that just isn't there. Please, please, please make this a feature going forward.

Work for all those subscription price rises and implement this already.... 283 votes...

How hard can this be!! Once again a big XERO for effort on your behalf dev team.

Xero often makes a lot of press release noise about payment delays in small business, A built in prompt payment discount would automate that instantly and would only take Xero to look at the terms and due date already living in the invoice. I could make ALL invoices 20% higher as default.... then if people pay them ontime, they get the discount. Instant fix and all of the data is already in there. Rather than sending out press releases, build that in and actually put rubber on the road.

A little frustrating as we didn't think this was an issue moving over to Xero, so many great features in Xero compared to our old software, frustrating that it falls down with this element.

How can an Accounting Software not have a vendor discount terms as part of the system? Right now I need to do it all manually AFTER I remember that my terms include an early discount that I have to calculate, discount off the bill I enter then ensure I pay early within those discount terms. The system should allow more than just a Net 30 term. It would be best if the business was allowed to create their own terms item, not forced to use what you think we need.

@Kirstine Selman, you are better off going back to your previous system if this is really important to you. This has been an issue since forever.

In hindsight we all should do adequate testing before changing systems.

really didn't realise that settlment discount was an issue with Xero - this is a huge pain already and we only switched from 1st April. SORT IT OUT!