Workpapers - Link prepaid Borrowing costs from the Balance sheet to the Borrowing Costs workpaper
Wouldn't it be great to be able to link the Prepaid Borrowing Costs from the Balance sheet to the Borrowing Costs working paper and have a journal entry that filters through to Xero for the annual write off amount. This is a such a simple thing that would once again save time when it comes to processing.
3
votes
Kerry Turnbull
shared this idea
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Daniel Bland
commented
There are third-party tools - like RecHound - that can do exactly what you are asking for by creating account groups and linking multiple associated accounts. For example, fixed assets and depreciation accounts.
Quick video here highlighting the features:
https://www.rechound.com/video-demoIf you like it, you can link it to your Xero and start a free non-obligation trial here:
https://app.rechound.com/starttrial