Settings and activity
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93 votes
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397 votes
Hi everyone, thanks for all your feedback and highlighting the need for multi-currency manual journals, and being able to see the FX rate directly in the journal.
We understand the needs in this space have close ties with this idea for being able to journal to bank accounts, and this is something we have intentions of doing deeper discovery around in the longer term. However, we want to be upfront that this work isn't roadmapped right now.
Though we appreciate not the straight forward approach that you’re after here - currently you can create the journal via a bill in the relevant foreign currency. Entering positive and negative lines for the debit and credit entries, which results in a 0.00 bill total once approved. The bill lines are converted to your organisation’s base currency using the bill’s FX rate, and the transaction won’t revalue.
As soon as there's movement…
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Alain Hollenthoner
commented
Same here. Started looking at Odoo and other alternatives. The speed of development in Xero is clearly subpar.
An error occurred while saving the comment Alain Hollenthoner
commented
Time and again I'm surprised how seemingly basic requirements are not covered in Xero.
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136 votes
I'm fed up with Xero and decided to move on. There is zero usable development or progress.
6 years after PSD2 has been implemented in Europe, there's still no bank feeds available. The tax determination logic is flawed. I could go on and on.
We will switch to an Open Source ERP (name starts with O) and say goodbye to Xero.