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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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464 results found

  1. Ability to add custom columns to the Depreciation Schedule report to add more information such as market rates for resale

    8 votes

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  2. Refund transaction that links to a previous Spend money transaction
    Hi Xero users,
    When we received a refund for a payment, the only option is to record the received amount as a separate transaction in the same account.
    There is no option to link the refund transaction to the previous completed spend transaction unless it is a Bill.
    It would be very helpful if Xero can add this feature
    This way, when we click on a spend transaction, we can know immediately if it is refunded or not, cause the two spend and received transactions are at different date so…

    7 votes

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    Hi Hayley, thanks for bringing this idea to the community. We understand that being able to link refunds back to the original transaction could simplify reconciliation and record keeping.

    I've updated the status to Gaining Support so we can continue tracking interest. If this were introduced, how would you like the linking process to work? Your input could help shape the approach.

  3. Intercompany Journal Mirroring

    The Problem

    When a user posts a manual journal in one Xero entity (e.g. to record an intercompany loan, recharge, or allocation), they must manually replicate the corresponding entry in the linked entity. This is time-consuming, error-prone, and breaks the audit trail across the group.

    The Proposed Solution

    Extend the existing Xero Network connectivity to support automated intercompany journal drafting i.e. when a manual journal is posted in Entity A, Xero drafts the mirror journal in the linked Entity B, ready for review and approval.

    Key Features to Consider

    • Linked entity mapping — Users define which accounts…
    7 votes

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    Sorry Robert accidental post on the wrong idea! As per Malcolm's suggestion you can use the Xero network to send invoices from one company to another to create as a bill in the other. We don't have any plans to extend the Xero network to journals but for now we'll get a sense of interest from the wider community.

  4. Feature request: option to change default currency filter in Bank Reconciliation

    Hello Xero team,
    I’d like to submit a feature request regarding the Bank Reconciliation → Find & Match workflow for multi-currency transactions.

    When reconciling a bank transaction, Xero defaults to filtering matches to the same currency as the bank account. In cases where the transaction relates to an invoice or bill in a different currency, the user has to manually untick the “same currency only” filter each time.

    For users who regularly work with multi-currency transactions, this becomes a repetitive step and an easy thing to miss.

    Feature request:

    7 votes

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    Thanks for sharing your idea, and letting us know how the ability to set a default for the currency filter in bank reconciliation would aid your workflow.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  5. Assign multiple transactions to a project in cash coding. There should also be a projects field on the main page, rather than having to go to "add details>assign to project>search for project>click project>click ok>click reconcile".

    As with many travelling workers, many of my transactions for a trip are all bunched together and it would save me so much on bookkeeping time and fees to be able to select multiple statement lines or transactions and "assign all" in one click. Under cash coding makes sense because the checkbox already exists for each line, Projects just becomes another column.

    7 votes

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    Thanks for sharing your idea, and letting us know the changes that matter most for you. We appreciate you explaining how bulk assignment to projects during cash coding improve your workflow especially with grouped transactions from travel or project work.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  6. It would be really helpful if the way the list of bank rules is displayed, when selecting them in the cash coding screen, was improved and made more user friendly.

    Often I have to manually apply bank rules (due to other bank rule limitations). We have a lot, so this means scrolling through the list each time.

    The arrow to display the whole list is tiny, requiring precise hovering to select it, and each click only moves the list at once.

    They could be displayed in a better way, at least in columns, and more shown at once.

    7 votes

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    Thanks for sharing your idea, and letting us know the changes that matter most for you.

    We've reviewed your idea and now it's up to the community to get behind and support it. Feel free to share this idea with other colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  7. Can we please have the ability to export bank statement search results to a csv file?

    Every day I wish that was possible!

    Thanks

    7 votes

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    Thanks for sharing your idea of exporting bank statement search results to CSV. 

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  8. In the bank feed, recognise transactions that cover a supplier or customers total balance, or multiple bills/invoices paid together rather than only suggesting matches for 1 invoice/bill.

    7 votes

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     ·  0 comments  ·  Bank feeds  ·  Admin →
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  9. It would be good if we have an option to recode item codes in bulk within invoices or bills using fine and recode option

    7 votes

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     ·  4 comments  ·  Reconciliation  ·  Admin →
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  10. Adding more banks in Singapore for the bank feed in Xero.

    Example, adding Anext Bank into Xero. Will benefit small businesses who are using digital bank like Anext Bank.

    7 votes

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    1 comment  ·  Bank feeds  ·  Admin →
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    Hi all, just updating the status of this idea to Gaining Support here, to align with our new statuses for Xero Product ideas. You can read more about this on our blog.

    For the time being, you can keep your accounts up to date in Xero by manually importing statements from Anext Bank. As per our last update below, we'd also recommend sharing this link with your bank to let them know you'd like to see them connect with Xero, and they can fill in the form if they're interested in Partnering with us.

    While we don't have any direct plans for this atm, we'll share if any are made with you here.

  11. Xero Bank Feed connections: Would it be possible to connect payment services for Stripe to more than two bank accounts, I can currently setup GBP (primary currency) and USD but can't setup for EUR or CAD. Our Stripe payments are collected in the currency and paid out to our bank accounts in these currencies but the payment service settings will only allow these two currencies to connect to the GBP payments which mean a manual process to transfer between accounts in Xero and ''mark as reconciled'' . The USD payments work great so it would be good to be able…

    7 votes

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     ·  4 comments  ·  Bank feeds  ·  Admin →
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  12. Can Xero please bring back the function enabling the details to be printed with the Chart of Accounts. It was a feature when we converted to Xero, but is no longer.

    7 votes

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  13. Pls can you consider providing an option to view all Debit balances as positive values and all Credit balances as negative values (in brackets) on the Chart of Accounts as well as accounts on the Dashboard?

    That way it's immediately obvious if a balance is owing TO the business or BY the business, without having to first determine if an acc is set up as an asset or a liability on the Chart of Accounts.

    7 votes

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  14. I want Xero to automatically set contact names when importing transactions from bank feeds, but this doesn't happen on of my several 'bank feeds' where the 'payee name' is blank and the actual payee data appears in the 'description' field instead.

    This means that the option to set the contact name directly from the payee field (when using bank rules) doesn't work and I have to manually enter the contact name for every transaction when reconciling the account transactions. Extremely tedious and labour intensive!

    When I edit section 2 of the bank rule the choices on the picklist are 1.…

    7 votes

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     ·  3 comments  ·  Reconciliation  ·  Admin →
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  15. It would be good if there was a warning if an adviser user inadvertently enters a date in a prior accounting period which has been locked. For example year end is 31 Dec 2022 and a current year bill is entered as 17/11/22 instead of 17/11/23

    7 votes

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  16. It would be wonderful if in Bank rules we could also include the fee that will be taken out.
    Eg a deposit of $100 from Fresha attracts a $2 fee. The bank feed shows $98 . Is there a way to be able to bank rule this

    7 votes

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    2 comments  ·  Bank feeds  ·  Admin →
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  17. Xero should auto import all the transactions from the bank feeds even if it appears to be double entries of the same transaction. For example Toll fees with the same amount on the same day are only imported once into xero although all the transactions are on the bank's online profile.

    7 votes

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    2 comments  ·  Bank feeds  ·  Admin →
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  18. I would like to see a report that listed all the bank accounts, their balance at the report date and the date of the last imported bank statement line. For a company with more than a handful of accounts it would make it much easier to see which accounts needed to be brought up to date for accounts prep.

    7 votes

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  19. For smaller companies, it would be helpful to have the option to receive a notification by email or text when there are bank transactions to be reconciled.
    In larger companies, it's a daily routine to do the bank rec of course but not so in smaller companies so a notification would be very handy!

    7 votes

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     ·  1 comment  ·  Reconciliation  ·  Admin →
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  20. 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…

    7 votes

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