Batch payments - Ability to include credit notes
Allow the inclusion of Credit Notes in Batch Payments where the total to be paid to a supplier is still positive. This would allow a single batch for a Supplier to match their Statement, particularly where credit notes are not related to specific Bills.
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Remy Lebeau commented
Agreed
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Bronda Smith commented
It is often that a credit note will apply to an invoice from a previous month and has already been paid. So the credit is then applied to an unrelated invoice to make the payment work.
This really stuffs up any remittance sent to the supplier.
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Janice Mcgrother commented
Xero, when are you actually going to take notice of this!! It's so frustrating that you don't seem to be doing anything about it even after one of your subscribers has spoken in detail and explained the issues to one of your developers a few months back!
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Charlie Shipperley commented
Agreed.
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Leanne Jane commented
Totally agree with this. It would be a game changer and save so much time each month when the supplier statements come in and need to be reconciled.
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Jacqui Campisi commented
This is so necessary!
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Jude Card commented
This improvement is critical to accurate processing of accounts payable transactions from entry of supplier invoices and credit notes through to payment to the supplier, when the net position of all transactions for a supplier is positive ie payable. Invoices and credit notes must be able to be selected for a net batch payment without any further action by the user. Failure to incorporate this capability into Xero is likely to breach standard accounting practices in NZ.
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Lina .Lee commented
I agreed
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Eirini Goudela commented
Building company with huge number of invoices from certain suppliers and unfortunately cant include Credit notes in batch payment instead need to manually apply them to invoices.
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Mel Fenemore commented
I am beyond frustrated that no one from XERO has commented on this or any of the other suggestions that relate to the products poor handling of credit notes.
I am beginning to think that these pages are nothing more than a smoke screen to make it appear that XERO is listening to those paying the somewhat high fee's for the product! -
Lina .Lee commented
I agreed, logically agreed!
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Michelle Gosling commented
its so time consuming to allocate multiple credits when they don't relate to an invoice especially in my industry where we have multiple credit notes per month and some from previous months , you should be able to pay them like the invoices in a batch payment and it shows on the remittance for the supplier.
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Eve Radford commented
Sharon - you can enter the date & bank account at the bottom of the screen then you can see it in the bank rec. be sure to select the correct bank
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Sharon Davis commented
I totally agree, to have to create a bill from a credit note and pay the credit note off through a suspense account, create a bill to the same suspense account, just to refund the amount is a really painful process.
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Diana Stefanyshin commented
We have been asking for this for as long as I remember. Why is this not implemented already? To have to go to the account and allocate a credit against and unrelated invoice is unnecessary and time consuming. Why can we not just allocate the credit along with the invoices that are being paid at the point of posting the payment? All other software I have used has this feature seems like a not brainer to me.
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Lisa Winchester commented
There is another 'idea' that has more traction for this so please all go and vote here as well... https://productideas.xero.com/forums/939198-for-small-businesses/suggestions/44960338-reconciliation-allow-credit-notes-to-show-and-be
I can't believe that a seemingly 'simple' process is not available within Xero!!
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Elaine Morneau commented
I agree - takes twice as long to do a pay run when I have to go apply the credits first. then vendors are unsure what I did so takes even longer. NEED this asap
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Janice Mcgrother commented
This is a must! To have to go to the account and allocate a credit against and unrelated invoice is just silly. Why can we not just allocate the credit along with the invoices that are being paid at the point of posting the payment? Also why does the system keep asking if you want to allocate a credit against every invoice you put on to an account? This makes no sense, if we wanted to do that we would do it beforehand not at the invoice entry screen every single time!
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Elizabeth Arnott commented
Really helpful where overpayments are being refunded
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Tammy Berry commented
This would make payments so much easier