Chart of accounts - Add support for subaccounts
Xero should have the ability (similar to QuickBooks) to have sub accounts in Chart of Accounts.
Roger Molesworth
shared this idea
Hi community, thanks for continuing to engage, and sharing your needs in adding more layers to your chart of accounts structure.
We know especially for some of our US customers that this can sometimes be a show stopper in using of Xero.
Right now, we do have a product team that have begun exploring the efforts that'd be required to implement a change of this nature - while we can't commit to any development at this point we'll share any progression with you all here. Thanks
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Caren Reid
commented
Sub Accounts in the Chart of Accounts - When entering sub accounts one needs to be able to add a sub account as 200.001
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TRACEY ARNERICH
commented
The chart of accounts - the base chart is too sparse. Having worked with MYOB and we all know that this is too much information but the one thing I would have to say is that there has never really been a time that I have had to create an account really - they are all available and have been thought of. Whats more in Xero after creation you have to manipulate the advisor reports to fit it in. Simple things like an asset sale - no default accounts? Silly. Why not make this global. It leads to consistency in approach throughout practices but also throughout the wider community as jobs pass on