Conversion Balances - Add Tracking options
Allow tracking options to be entered against all account codes for conversion balances. For existing businesses that use tracking and wish to migrate to Xero with opening balances, this is an important feature.
Jo Larice
shared this idea
Hi team, we appreciate you sharing how being able to add tracking to conversion balances when setting up an organisation would be useful for reporting. We understand how helpful it'd be to keep historical balances out of your Unassigned tracking reports.
We don’t have plans to add tracking directly to conversion balances at present, but we’ll continue gathering feedback on this idea.
Right now, you could use a manual journal dated the day before your conversion date to reverse the balance and re-enter it split by tracking option.
However, it is worth noting that bank, sales tax, accounts receivable and accounts payable balances can’t be included in manual journals.
We'll share if there are any updates surrounding this here.
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Robert Szwarcberg
commented
When using Xero for a multi-entity organisation, tracking categories are essential for identifying which entity each transaction belongs to.
At present, opening/conversion balances entered at the conversion date appear as Unassigned in tracking reports, and there is no simple way to assign tracking categories to those balances.
This creates a recurring problem because the Unassigned tracking report is then cluttered with historical conversion balances, making it harder to identify genuinely uncoded transactions after the migration date.
In my case, I have approximately 73 opening balance entries dated 30 June 2026 across multiple entities. All post-conversion transactions are correctly tracked, but the opening balances continue to appear as Unassigned.
I would like Xero to add one or more of the following:
- Allow a tracking category to be assigned directly to conversion balances.
- Allow bulk assignment of tracking categories to conversion balances.
- Allow conversion balances to be excluded from the Unassigned tracking report.
- Provide a report filter to show only unassigned transactions after the conversion date.
- Allow bank, GST/tax, Accounts Receivable and Accounts Payable conversion balances to carry tracking categories where appropriate.
This would make the Unassigned tracking report far more useful as an ongoing control for businesses using tracking categories to manage multiple entities, divisions or cost centres.
Business benefit:
Users could reliably use the Unassigned report to identify new coding errors without having to repeatedly exclude historical opening balances from every review. -
Alison Kershaw
commented
My issue was tracking is unable to be added to conversion balances for Bank accounts & Term deposits. The result is that the balance sheet is always incorrect.
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Accounting Abbi Pacific
commented
This is absolutely necessary to reconcile tracking categories on a TB basis. Unless conversion balances are coded properly I will never be able to reconcile or close out my TB appropriately. And I will never be able to pull a General ledger detail report that shows the bank account related to a tracking category
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Carol Hull
commented
Please make tracking categories available in the conversion balances area as this would save a lot of time setting up clients.
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Juan Cifuentes
commented
It does not allow loading accounts including “categories”.
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Jacques du Preez
commented
Please make Tracking Categories available for importing or manually entering of Conversion Balances
I have clients with segmented reporting and they require their balance sheet items shown correctly on reports, and not just the income statement movements.
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Justyna Stankiewicz
commented
It is a critical feature for client using tracking reports.
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Justyna Stankiewicz
commented
It is essential to be able to track opening/conversion balances when transferring existing organisation to XERO. Also we should be able to track balance sheet items including bank balances 100&.