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  1. Invoices - Ability to recognise future revenue

    103 votes

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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.

    Leanne Duncan supported this idea  · 

  2. Prepayments - Create prepayment automatically for Income in Advance invoice

    11 votes

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    submitted  ·  3 comments  ·  For small businesses » Business features  ·  Admin →
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    Leanne Duncan supported this idea  · 
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    Leanne Duncan commented  · 

    The majority of our invoices are paid in advance for work to be done over 3/6/12 months. The ability to create the prepayment automatically would be very useful and save a lot of manual work

  3. Reporting - Report that shows Repeating Invoices

    245 votes

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

    Hi everyone, we appreciate your support and feedback for having a Repeating Invoices Report. 

    We know that not having a dedicated report for your repeating invoices can present limitations when trying to forecast sales.

    As noted by others in the idea, while not a complete solution there is the Receivable invoice detail report, that will provide results for invoices that have already generated from a repeat invoice template. There is also Short term cashflow predictions in Xero Analytics Plus that can predict recurring cash transactions based on the past 3 months reconciliations. 

    For more comprehensive forecasting, some users have found third-party apps that integrate with Xero to be helpful - You can view the full suite of official apps on our Xero App store. 

    While we understand these aren't ideal long-term solutions, I want to let you know that there's no work currently planned to develop a specific…

    Leanne Duncan supported this idea  ·