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  1. Invoices - Ability to recognise future revenue

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    63 comments  ·  For small businesses » Business features  ·  Admin →
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    Not in pipeline  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi all, appreciate the interest and rationale in wanting to be able to recognise revenue of a sale at a date different to that of the invoice or payment date.

    While this maybe a function we look to explore in the long-term we want to be upfront that this is not something we'll be developing in the near term. In the meantime it may be best to look into connected apps that can solve for revenue recognition. We'll be sure to let you know if there's any change around this, here.

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    Edward Bird commented  · 

    Crazy. we are a Saas business. the model requires accounting treatment which recognises a multi-month or year subscription over time. It wastes hours of my time and my book keeper's time in dealing with the platform's lack of support for this feature, costs my business money as well. I do not recommend your product for any Saas or susbcription business.

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    Edward Bird commented  · 

    My Board Chair wants to see revenue recognised monthly not the whole invoice. Crazy that you don't make this possible.