Default tracking categories for each bank account
Some charities maintain separate bank accounts for each fund. This works well where different staff/volunteers have delegated authority over specific funds, e.g. an outreach activity or youth work. It would be SO helpful for coding payments/receipts, if Xero would allow us to set default funds (tracking categories) according to the bank account. This is for coding payments directly from the bank statement, where Xero invoices or bills are not used.
Yesterday a client explained why she leaves so many transactions unassigned to tracking categories (funds) – she expected that Xero would do it according to the bank account. I think that is a fair expectation.
Although I'm suggesting that we should be able to set this up manually, it could also help if the AI coding algorithm would learn from the bank account as well as the contact/ transaction description etc.
Neville Reid
shared this idea
Thanks for submitting your idea on Xero Product Idea's. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂