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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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177 results found

  1. Can we have a report showing the last date of bank reconciliation completed for clients?

    This would be beneficial for me, listed by clients but also for the client.

    4 votes

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  2. When you are in cash coding it would be useful to be able to add an invoice to the line before it is reconciled.
    If clients do not use the bills function then attaching an invoice to a transaction is time consuming and fiddly.

    16 votes

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  3. Cash Coding Discussion/Notes: When I'm cash coding transactions, it would be really helpful to access the discussions/notes on the cash coding screen. When I have a question about a transaction, I have to go find it in the account to write a note for review. It'd be great to do that straight from the cash coding screen.

    7 votes

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     ·  2 comments  ·  Reconciliation  ·  Admin →
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  4. Be able to export to Excel the Account Transactions screen from the bank that shows the unreconciled items

    13 votes

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    Hi all, I wanted to share that while there's no export option on the Account Transactions screen itself, it is possible to export a list of unreconciled Account Transactions with the Business Bank Account Reconciliation Summary report. If you export a copy of this to Excel you'll find the sections for Plus Outstanding Payments and Less Outstanding Receipts which are the unreconciled account transactions. Hope that helps 😊

  5. Ability to automatically reconcile Stripe payments on mobile app. Currently Xero automatically groups transactions for Stripe payments to be automatically reconciled on desktop, but the Android app does not select Stripe transactions for automatic reconciling.

    6 votes

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  6. On bank header screen where it shows "Statement Balance" and "Balance in Xero" could we have a simple "Difference" calculation to show the actual amount of the difference.

    6 votes

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    Hi Valerie, while not shown in the Bank header, you can run the Bank Reconciliation report which will show you the balance out by figure. If the Imported statement balance hasn't imported or doesn't match your actual bank statement ending balance, you can enter this yourself at the top of the report and update so Xero will show a calculated balance out by amount.

  7. My suggestion is different colors for New Spend Money and New Receive Money Tab so they are easy to differentiate. Even if the New Receive Money Tab could be a darker tone of the same color, it would really helpful and would still look good.

    10 votes

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     ·  1 comment  ·  Reconciliation  ·  Admin →
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  8. It would be very useful to be able to generate a Bill when Reconciling, instead of just being able to "Spend Money". This would allow much better tracking of transactions, since money leaving an account via Spent Money is far less visible than when a Bill is paid.

    Specifically:

    When PayPal is enabled as a Payment Method, and a customer pays their Invoice this way, the associated PayPal account shows two entries in the Bank Feed ready for Reconciliation:
    1) A transaction fee is deducted from the PayPal account.
    2) The full amount of the payment into the PayPal account.

    7 votes

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    Hi Faris, generally as a bill is received prior to payment so currently it's expected that the bill would already exist in Xero when reconciling. 

    Appreciate your example of where this could create efficiency and we'll get an idea of the support in this here. 🙂

    In the meantime, depending on your type of sales you may find an integration in our App Store that could serve by automatically creating the transactions in Xero. 

  9. Import and reconciled bank transfer

    6 votes

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    Hi Sandra, could you provide a bit more detail of the idea you have here? Would this be for the ability to automatically reconcile transfer transactions from one bank account to another?

  10. To have the ability to restore the deleted account transaction

    Purpose: To save time rather than creating a new account transaction manually again.

    40 votes

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  11. Adding cash coding into Xero Starter Plan

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

    199 votes

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  12. Add an option to remove and redo transactions within the find and recode function.

    Purpose: To simplify users’ workflow from having to recode to another code, or individually search each transaction in account transactions, then remove and redo it again.

    24 votes

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     ·  4 comments  ·  Reconciliation  ·  Admin →
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  13. Ability to make ‘find and recode’ to change/edit the Bank Account involved.

    Purpose: It saves people time from having to redo the complete transactions.

    50 votes

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  14. 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

    166 votes

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  15. Adding an undo option when users are doing reconciliation in Xero.

    Purpose: Undo button will make users reinstate the transactions easily if they remove it by mistake.

    33 votes

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  16. Ability to identify transactions that are transferred between related entity loan accounts that have separate Xero accounts.

    Purpose: a huge time saver for partners who are dealing with multiple Xero orgs.

    29 votes

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     ·  4 comments  ·  Reconciliation  ·  Admin →
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  17. 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.

    98 votes

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