Settings and activity
6 results found
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1 vote
Rebekah Green
shared this idea
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131 votes
Hi everyone, we appreciate the importance of being able to view and understand where billable expenses have and haven't been assigned. While we have keen eyes on the idea here, with other big pieces of work on the go we want to be open that this is not in the roadmap atm.
We want you to know we're taking on board all your feedback here, and will continue to stay across this, and keep you updated of any news or progress that'll improve visibility for your needs here.An error occurred while saving the comment Rebekah Green
supported this idea
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749 votes
Hi everyone, a year on from my last engagement we wanted to provide an update for you all here.
As many will be across we're in the midst of making a lot of iterations and improvements to new invoicing leading up to the retirement of classic invoicing in September (2024).
We have a fair amount of work lined up in the teams schedule over the coming months and to give an indication there isn't any committed plans around a function to add interest to invoices.
That said, we do have a team that have picked up and are considering how we might solve this with the technology in new invoicing - It's early days on this yet, but I'll share if there's any progress on this for you all here.
In the meantime, as has been shared by others over time there are a few ways you could accomplish this…
An error occurred while saving the comment Rebekah Green
commented
This is a reply to Alexandra Egan - the only way to currently calculate and charge a client interest on overdue balances is manually outside of Xero, then raise an invoice for the penalty interest amount.
There is no way to edit and add interest to an existing invoice that has been approved and issued.Rebekah Green
supported this idea
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659 votes
Hi community, we appreciate this idea has collected a fair amount of votes and commentary. This has all been feedback and taken seriously by our product teams.
Currently, there are ways to record a bad debt in Xero, depending on your tax registration status and how you want the transactions to be recorded in your reports - We have help for this on Xero Central you can draw into.
We don’t have any plans in the near term to expand functionality to develop a button to write off invoices or bills as 'bad debt'. If anything changes in this space, we’ll update you on this idea!
Rebekah Green
supported this idea
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215 votes
Thanks for all sharing and supporting how bulk reconciling transactions and suggestions that have been matched to statement lines in your bank would help your business.
It's great to see the trust you've built in Xero's capabilities to match and help you save time from manually finding and creating transactions to reconcile your bank.
Along with building on the foundations of our platforms, the teams efforts at present have been on improving the ability to create suggested transactions for more statement lines in your org - With a lot of this being backend logics there's not a heap you'll see from the front side of things but Xero's reconcile engine is getting stronger and overtime you should find even less need to create transactions in your org, yourself.
With this work underway there is no development for being able to reconcile transactions that have the 'OK' presented option atm,…
Rebekah Green
supported this idea
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97 votes
An error occurred while saving the comment Rebekah Green
commented
Currently, an email has to be sent to the person who does the final check and approves bills/invoices for payment/issue to let them know that the drafts have been checked and have been submitted for approval. Please add "Awaiting Approval" to the dashboard!
In the same vein - bills that are sitting in "Awaiting Approval" do not appear on the Aged Payables report - this can result in missed payments, especially when the person paying the bills relies on this report to pay creditors and doesn't go searching for any other bills that may be awaiting approval.
Rebekah Green
supported this idea
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I use the Accounting/Reports/Payables and receivables/Billable Expenses outstanding report.
I created categories for tenants/customers and this can be added as a column to other reports - such as the Aged Payables and Account Transactions reports. However, I need to create and save these as custom reports so that the additional column showing the tenant/customer remains on the report each time I run them.