Contacts - Feature to handle money for clients outside of the Balance Sheet
A separate section within Xero that allows you to handle and process client money. This does not appear in the main balance sheet but operates independently. Client money is linked to the contacts but is kept separate from the business accounting. Cashbook operates in the a similar way with a bank link, but the client balance shows as a separate box. Allow payment of invoices from the client account to cover invoices. This would help small legal firms and other businesses that handle client money.
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James Crisp
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James Crisp
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Would be willing to pay an additional subscription for this service