Multicurrency- Batch payments of Foreign Currency Bills.
Batch payments of Foreign Currency Bills.
Dear Xero,
Please consider the feature of being able to batch up foreign currency Bills. We often pay multiple invoices in one go, having to reconcile and mark as paid 10 invoices is extremely time consuming.
Hi everyone, thank you for all the interest and we appreciate the needs for those using foreign currency to have more efficiency in how you process these bills for payment. Your feedback and votes here have not gone unnoticed - We have a team that have been doing some ground work in this space and at this time we have beta that we'd like to invite any UK customers to join and feedback to our team on the experience. If you'd like to be a part of this please fill in our form here and we'll be in touch.
We appreciate this idea is farther reaching than UK alone and while the beta is limited to this region for the time being, based on results we will look at expanding this to other places.
We'll keep you updated of further developments here.
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Josh Lemon commented
Without this feature, it kind of makes using Xero useless when you have foreign suppliers.
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Muthu Maruthupandi commented
This feature is very important to deal business with multiple countries, Please make this feature available asap? thanks!
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Sonya G commented
For years, this has been requested but it seems all Xero is interested in is looks. Making the reports look better, making the appearance of existing functions look nicer... don't hold your breath.... I've had several clients leave Xero because of this functionality missing. This is not a new software and if you are going to offer multi currency, it should have ALL the features available for multi currency too.
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Dominic Buttery commented
Need this now or I'm moving accounting systems
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Gavin Lill commented
It is crazy that we cant send a professional remittance advice to our suppliers from the system. Even if a bank import file is not generated, at least the ability to group some transactions, mark as paid and send a remittance advice. Currently have to type this up on outlook at send
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Angela Mac Carthy commented
Essential functionality for multi currency businesses. Please make this happen Xero
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Fiona Carson commented
We make large amounts of batch FX payments, and operate in multiple currencies. This functionality would make no end of difference to our business, and the operation of the finance department on a day to day basis
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Fang Huang commented
Essential functionality for multi currency businesses. Please make this happen Xero
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Rennae Baker commented
Essential functionality for multi currency businesses. Please make this happen Xero
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Luke Irving commented
Essential functionality for multi currency businesses. Please make this happen Xero
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Rosie Cooper commented
This is crucial for our larger clients - please Xero
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Laura Taylor commented
This would be a big deal for us, we sometimes have multiple payments to foreign suppliers and having to seperately mark each one as paid and send individual remittances is causing problems with payments being allocated incorrectly.
This seems like such a basic tool, especially when working with both GBP and Euro bank accounts.
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Natalie Cummings commented
Clients paying for multi-currency xero and it doesn't have the basic feature of batch payments for other currency. Come on xero! Looking at the list of frustrated users, isn't it time to sort this out?
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Diana Dineva commented
This and it will save so much time to many of us. Please Xero team sort it out
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Dayo Adeyemi commented
Multicurrency software should be able to produce:
1. Batch remittances for foreign currency, same as exists with base currency.
2. Aged debtors and creditors reports in the currency in which the bills/invoices were created.
Not sure why XERO can't provide this, and why you need users to "share and support ideas for change" or to make a special requests for a basic level of functionality which should have existed by default.
We signed up to the XERO multicurrency software in 2017, almost 7 years ago, and if this functionality did not exist then, what are the chances of this being included within this year - 2024?
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Michelle Samson commented
This is critical for our organization and clearly many others.
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Angus Adams commented
Hate to beat a dead horse on this issue. But yeah, sort it out please!
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Jonathan Phillips commented
Without this feature Xero is not a viable option and we are going to be looking at alternative software providers.
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Gergana Mladenova commented
As I can see from the previous comments it is an issue which most of us are experienced from . Most of the companies today using different currencies and converting currencies every single day so please Xero support listen to people who are in the business.
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Zachary Mariner commented
Another basic feature which Xero doesn't have in 2023, not having this feature makes our processes for foreign currency bills very complicated.