Chart of Accounts: Standard Canadian numbering
I have noticed that automatic numbering of accounts is different that what is general used in Canada. There should be a very clear option when starting a new Xero account to select Canadian numbering and an option to change the numbering to Canadian. For Example, in Canada, Assets start with 1, Liabilities start with 2, Equity start with 3, Revenue start with 4, Cost of Sales start with 5, Expenses start with 6,etc... I have a client who went ahead and started using Xero and it set up the accounts wrong and some accounts you cannot change the numbering to match what we use in Canada. It would be very useful to be able to choose "Canadian numbering" and the account numbers would be set up accordingly or be able to change accordingly. Also the Chart of Account (and Trial Balance Report) should start with Balance Sheet accounts (Assets, Liabilities, Equity) then the Income Statement Accounts (Revenue, Cost of Sales, Expenses, etc...). Yes, I know you can resort the reports to show the order you want. Personally, I don't understand when I pull up the Trial Balance and the income statement accounts are first - no other accounting program I currently use or ever use does this. Same with the number, no other program I have used automatically numbers the way Xero does.