84 results found
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Bank Feeds - Foreign Currency Bank Feeds
Ability to set up bank feeds for foreign currency accounts.
Purpose: To save time rather than manually import the statements into Xero. And it’s beneficial for businesses who are dealing with foreign currencies.
8 votesHello everyone, thanks to those who’ve provided detail on the particular bank feeds you’d like to connect foreign currency feeds for.
Moving forward, we’re going to close this idea and encourage starting new ideas for each specific bank - This’ll make it easier for others to understand what they’re adding their support for, and enable our teams to get better insight.
As you’ve mentioned Westpac, we’ve created two separate ideas that can be joined - One for Westpac AU, and another for NZ here.
As for the CBA, you’re now able to connect your foreign currency feed into Xero - Read more on our article here for more information.
If you want other banks to connect with Xero and enable the foreign currency feeds, you can let them know that they can register their interest by filling this form here.
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Reporting - Calculate COGS for Untracked Inventory items: Opening Stock + Purchases - Closing Stock
To make the profit and loss report calculation is based on Cost of Goods Sold = Opening Stock + Purchases - Closing Stock.
Purpose: To get the figures easily in P&L report by deducting the closing stock from purchases.
14 votesHi community, in the way untracked inventory in Xero works it isn't possible to automatically calculate cost of goods sold for a period in your reports.
There is a way to go about this yourself through entering Manual Journals to account for the Cost of Goods sold, and adjusting the value of inventory on your Balance Sheet.
You'll want to enter your Conversion Balances into an account that has a Current Asset type rather than an inventory type (Inventory type is reserved for use with tracked inventory in Xero and can't be coded to on manual journals).
To avoid potential taxation and reporting issues - We highly recommend contacting your accountant to check whether this is suitable for your business, or if you need additional clarification on what journals to enter. -
History and Notes - Edit and delete notes on invoices, contacts, etc.
Can we please be able to edit or delete notes on invoices?
Currently we can't delete notes, which is really annoying when I make a mistake or enter a note for the wrong invoice (and having the wrong information on a note attached to a customer's invoice means that I can't provide proper support).
On a related note, it would be great if we could cut and paste screen shots (or images in the clipboard) into a note and also use the iPhone app to attach a photo to a note. That would be really handy for including courier or…
1 voteHi everyone, although no direct change of the status here we wanted to share a recent improvement to Contacts that may be of interest.
Contacts has recently added a new feature that allows you to add additional Notes for a Contact.
When adding or editing a Contact you’ll see a new field for this at the bottom of the Contact Details section, where you can enter, edit and remove notes for a contact.
Meaning that on-going you could enter any notes that you may wish to change or remove overtime in this field. Thanks -
Profit and Loss - appropriation report
Ability to generate Profit and Loss appropriation reports in Xero.
Purpose: Users can see figures of profit for a year, income tax expense, dividends paid, retained earnings from prior year.
16 votesHi everyone, currently there is an appropriation statement available to Partners in report templates for Australia. Being open we don't have plans to add this at the client level. However, you an create your own with the Blank report. You could add a schedule and pull in the appropriate accounts.
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