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For small businesses: Accounting features

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Contacts - the ability to set the AP Liability account

Contacts - The ability to set the AP Liability account for a contact to any balance sheet liability account for this contact. Eg Tax Liability Account, Specified Finance Liability account
This would also necessitate the ability to have multipl AP liability accounts.

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Andrew Syme shared this idea  ·   ·  Report…  ·  Admin →
not planned  ·  AdminKelly Munro (Community Manager, Xero) responded  · 

Appreciate you'd like more control to track accounts payable for your contacts, Andrew. 


Being open we don't have intentions of changing the way Accounts Payable and Accounts Receivable work with contact balances in Xero - These are impacted by the invoices and bills that are entered in your org. 

If you'd like to set up secondary AP and AR accounts we have a help article that explains more on how to do that, here. 

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  • Alvin Kek commented  ·   ·  Report

    To allow the bill to pay to credited to other liabilities (ie. Accrual, trade payables etc).

    Currently, we can only enter with manual journal if we wish to credited to other liabilities.
    Hence, we got no control on the bill (ie. no awaiting payment list)