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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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234 results found

  1. Currently a client can upload a number of invoices and then create a batch payment for these invoices. When they make a payment for 1 of the invoices in the batch, you have to remove and redo the payment then match the separate invoice up, and then recreate the batch payment, excluding the amount which has now been paid. Would be easier if like with invoices, the batch payment could be split, saving the new to remove and then recreate the batch payment.

    337 votes

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    Hi everyone, thanks for the idea and support here. We appreciate all the valuable feedback and ideas shared regarding the ability to split batch payments when reconciling, and understand it currently takes extra steps to reconcile when a single invoice among a batch has been paid, or when there are multiple payments to the same entity for different invoices.
    Being transparent, we don’t have direct plans for making this change within the foreseeable future but if anything changes in this space, we’ll update you on this idea!

  2. Adding cash coding into Xero Starter Plan

    Purpose: It will help the accountant's work easier in reconciling their client’s account.

    186 votes

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  3. Ability to reconcile clearing,control and non-bank accounts in Xero.

    Purpose: To save time rather than having to copy and paste into excel to reconcile the balance.

    157 votes

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    Hello everyone, appreciate all your feedback here. To be upfront, we don’t have any plans to develop the ability to reconcile clearing, control and non-bank accounts in the near future. 


    Some of the technology improvements going on across Xero will create more opportunities for us to explore extending some of the more complex functionality from one part of Xero to another. However, we are some way off from this yet. 


    That being said, there is the Account transaction report that could be handy in providing a view of both sides of a transaction in Xero. You can include the related account as a column in the report - See more in our help article on this.

    Alternatively, if you’re using an external system, you could look into the Xero App store


    Appreciate there are also lots of ways others are using Xero’s to fit their needs - If you…

  4. Ability to use the cash coding screen to post to a bank account.

    Purpose: It’s time consuming having to tick off each item in the reconciliation screen when there are a lot of transfer transactions

    160 votes

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  5. Having a ‘Back to top’, ‘Next’ and ‘Previous’ page link options at the top of the page as well.

    Purpose: To save users time from having to scroll the page.

    158 votes

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  6. The ability setup repeating spend and receive money transactions would be helpful.

    Thank you

    153 votes

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    Hi team, we appreciate your engagement in the idea here however we want to be open that we don't have any plans for developing repeat spend or receive money transactions atm.

    If you have the suggest previous entries option turned on in your bank account, you may find that overtime Xero suggests create transactions based on your previous reconciliations.

    Alternatively, you could look to create bank rules for these scenarios where Xero will pick up commonalities in your rules to your statement lines and help with reconciliations.

  7. When reconciling transactions and Find & Match is used, usually for multiple matches, please add an attachment button.
    In the example of one payment matched to multiple sales invoices, there is usually a remittance provided by the client that we need to file with the payment.
    We shouldn't need to go back to a reconciled transaction and manually add the remittance to each line individually.

    128 votes

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     ·  1 comment  ·  Reconciliation  ·  Admin →
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  8. Ability to duplicate bank rules.

    Purpose: To save time from having to set up the same bank rule for each bank account.

    128 votes

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  9. Ability to add account description from statement description when setting up bank rules.

    Purpose: To easily reconcile similar transactions but have different descriptions.

    94 votes

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  10. Ability to display customer names when users reconcile batch payments.

    Purpose: It saves users’ time from having to open the payment individually to check the customer’s name.

    93 votes

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     ·  9 comments  ·  Reconciliation  ·  Admin →
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  11. Ability to match multiple transactions to one invoice, then reconcile it.

    Purpose: It’ll save users’ time when they’re doing reconciliation and matching the transactions.

    87 votes

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  12. Ability to automatically apply bank rules by default.

    Purpose: To save time from having to manually choose to turn-on bank rules.

    80 votes

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    Heya team, with some of the exploration our team were doing we shifted this idea to Under review a few months ago. However, reassessing current priorities as many here may also be interested in our team are currently in the depths of work for enabling the ability to view more statement lines and providing search on the Reconcile screen

    While this may be something we consider developing for later down the line, it's not something we have plans for atm and we'll shift back to Submitted to continue monitoring the interest here. Thanks 

  13. Instead of having to scroll through the account transactions / bank statements to get to the bottom in order to change the page number you are on. Either having this bar at the top as well or also having this bar move wiht you so you can always change the page as needed.

    78 votes

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  14. Filter/Search in Cash coding screen.

    Please create the ability to filter or search for names or words in the cash coding screen. When you have a big catch up client with 2000 entries this would save so much time.

    59 votes

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  15. Recording refund through bank reconciliation tab rather than doing a cash refund on the bill/invoice

    55 votes

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  16. Bank Reconciliation - Match Does Not Work with Contact Account Numbers

    The ability to search by contact account numbers when matching bank transactions is essential as most deposits on the bank statements are referenced with the client/customer account number only. The bank reconciliation ignores contact account numbers in totality.

    50 votes

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  17. In the Find and Match screen, add a filter for a date range rather than having to scroll thru all the outstanding transactions.

    49 votes

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  18. Ability to add full livestock trading accounts to Xero.

    Purpose: some of the bookkeeper’s clients can benefit by having a way of tracking livestock within xero.

    43 votes

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  19. Bank Rules Report
    To enable review of all rules in place rather than having to select each one individually. This will enable duplications to be removed, rules not working to be fixed etc etc

    41 votes

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  20. Currently there is the inability to edit one payment in a batch deposit that was created from the Reconcile screen without dismantling the entire batch (with Unreconcile, and then Remove and Redo). If the batch Deposit is created from the Invoice screen and one line item needs adjusting, we have and option to Edit Batch. This allows for removing one line item of the batch but preserves the remainder of the batch (less the removed line item). Please add the Edit Batch function to batch deposits created in the Reconcile screen too! It is a big pain point when you…

    39 votes

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     ·  5 comments  ·  Reconciliation  ·  Admin →
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