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  1. Multicurrency- Batch payments of Foreign Currency Bills.

    371 votes

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    153 comments  ·  For small businesses » Accounting features  ·  Admin →
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    under review  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thank you for all the interest and we appreciate the needs for those using foreign currency to have more efficiency in how you process these bills for payment. Your feedback and votes here have not gone unnoticed - We have a team that have been doing some ground work in this space and at this time we have beta that we'd like to invite any UK customers to join and feedback to our team on the experience. If you'd like to be a part of this please fill in our form here and we'll be in touch.

    We appreciate this idea is farther reaching than UK alone and while the beta is limited to this region for the time being, based on results we will look at expanding this to other places.

    We'll keep you updated of further developments here.

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    Nathan Campbell commented  · 

    I have a client who is a Company selling shoes. They have a constant stream of bills coming in from both UK and EU suppliers. The client uses their system along side their online banking to make payments to said suppliers. So they will make a payment on Xero, against their Sterling or Euro Bank account and then send the remittance to the supplier through Xero. Then send the payment to the client through their online banking. The client will pay multiple invoices off at the end of the week so the ability to pay off multiple Euro bills at once is Essential for them

    Nathan Campbell supported this idea  ·