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Banking & chart of accounts

Customer ideas for bank accounts, bank feeds and chart of accounts

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Banking & chart of accounts

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531 results found

  1. Can you pl provide payment voucher/ receipt for Receive/ Spend money,

    sometimes we need to provide printouts as proof.

    8 votes

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     ·  1 comment  ·  Reconciliation  ·  Admin →
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  2. the Profit & Loss Appropriation Account should be mandatory for all companies

    2 votes

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  3. Given that your bank feeds constantly don’t work, it would be great if they could be refreshed via the app, rather than having to login to a computer.

    5 votes

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    3 comments  ·  Bank feeds  ·  Admin →
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  4. Allow multiple contacts for the bank fee adjustments. When we have a number of customers paying via card in one day it automatically pays the full amount of the payments into our account the following day but each customer has a bank fee and it would be helpful to add this for each customer.

    4 votes

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     ·  1 comment  ·  Reconciliation  ·  Admin →
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  5. Lock Dates - Multiple Lock Dates.

    Currently there are two options: "Stop all users (except advisers) making changes on and before" and "Stop all users making changes on and before".
    It would be great to have an option where two dates can be entered without one overriding the other.

    Here is my issue:

    I have been trying to put lock dates for different purposes.
    i.e. I want to stop ALL users (including advisors) from making changes on or before 31 March 2022, but I also want all users EXCEPT advisors to not make changes on or before 31 March 2023.…

    3 votes

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  6. Allow a default bank account to be set for Bill Pay or Spend Money transactions

    8 votes

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     ·  5 comments  ·  Reconciliation  ·  Admin →
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  7. Have a tick option to remember old comment OR not remember for the bank rec.  Otherwise people are just going to ignore and use the same comment every time they reconcile a similar transaction, even if it's not valid.  Nice to apply this just to comments vs forgetting coding.

    1 vote

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     ·  0 comments  ·  Reconciliation  ·  Admin →
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  8. When someone edits a transaction, we should be able to see what changes were made in the notes section. It isn't helpful just to know that a transaction has been edited, we need to be able to track what changes have been made for auditing purposes.

    2 votes

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     ·  0 comments  ·  Reconciliation  ·  Admin →
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  9. To quickly get to your most recently reconciled transaction/s (to quickly correct errors that you see as you press OK while reconciling), click the search bar and have the most recently reconciled transactions linked there ready to go.
    Instead of having to go through the bank statement or account transactions and then locate the transaction that needs updating

    4 votes

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     ·  0 comments  ·  Reconciliation  ·  Admin →
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  10. Xero should automatically recognise a Xero client account number in any bank transfer and allocate those funds to existing invoices in that client's account. This should either just occur automatically when a client payment matches the total on their statement, or alternatively, any payment should simply be allocated to the client's oldest invoices.

    Currently, when customers pay us for invoices that we have sent them, we search for their name in the “Match” function during the bank feed reconciliation. We then select the invoice(s) that match each payment and reconcile these.

    There are two major problems with this workflow:

    1. We…

    6 votes

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  11. I think we should be able to create with a loan schedule with interest rates, term and amortization instead of having to manually enter the transaction.

    46 votes

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  12. Can i request for lock period for specify period such as

             Tick   Lock./ untick lock
    

    Jan23 /
    Feb23. /
    Mar23
    Apr23. /
    May23. /
    Onwardj

    Existing lock practise lock until mar23.
    If i want to do amendment on feb23, i need to unlock mar23 and feb23, then i can do amendment on feb23.

    3 votes

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  13. Reconciliation to be matched by INVOICE NUMBER rather than amount

    9 votes

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    Hi community, appreciate the interest for being able to match based on the invoice number, even if the amount of the statement line and transaction in Xero differ. While this isn't something we have plans for at this stage, it'll be good to get a sense of the interest for this here. 

    Just to confirm for everyone coming across - The way suggested matches work currently is based on the amounts of the statement line and transaction being the same and also looking at most of the fields of a statement line and comparing with transactions entered to show a preferred match.

  14. It would be really helpful to be able to group bank accounts in a similar way to grouping Contacts. We have multiple currency accounts and base currency accounts as well as credit cards and to be able to group them in different ways would make checking them much easier. Eg group into GBP Current Accounts, Currency Accounts, Cash Currency Accounts, All Cards etc

    4 votes

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     ·  0 comments  ·  Reconciliation  ·  Admin →
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  15. Bank statement search needs to allow the user to filter the search by spent or received as the amounts elements apply to both spent and received.

    Also - please fix the bug with status being ignored by the search.

    44 votes

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     ·  2 comments  ·  Reconciliation  ·  Admin →
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  16. Be able to set an automatic default tax rate when new sales or expense accounts are created. In our country, the sales tax rate changed, and by default when I create a new account, it gives the old tax rate. Unless I change the Default tax rate for this specific new account to the current tax rate, I will be given the old tax rate by default. This has given us accounting problems that are sometimes hard to trace when one doesn't change the tax rate manually each time a new account is created.

    5 votes

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  17. Require the ability to post net wages, loans, drawings without a contact. This information should not be accessible in the customer/supplier ledger/contact section.

    5 votes

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    Hi Charlotte, can you expand a little on your needs or use cases for your idea here? 

    A wage would generally be connected to an employee in payroll. Managing a loan is a little different and we have suggestion of how to do this in our help here, and when it comes to drawings and introducing cash to the business this would generally relate to a specific shareholder and would be recorded as Spend or receive monies, if you'd rather not specify the contact you may want to set up a generic contact that you could code these sort of transactions too. 

  18. When setting up bank rules there are times when the flexibility of a string search is great and ANY should be applied, but some times a amount limit is needed to distinguish different nature of the spend. EG small spend at a service station might be a drawing rather than a fuel item.

    1 vote

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     ·  0 comments  ·  Reconciliation  ·  Admin →
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  19. On the Find and Match section of the bank rec, I would like to see the Reference number and the Xero invoice number in separate, sortable columns much like you can in the sales overview screen. In the current set up, the reference number is not sortable. The ability to sort by reference number in this particular screen would probably save me a couple of hours each week.

    3 votes

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  20. Please create a direct feed for First Internet Bank of Indiana because the Yodlee feed does not work reliably with this bank.

    2 votes

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     ·  0 comments  ·  Bank feeds  ·  Admin →
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