Settings and activity
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64 votes
Hi everyone, we understand why people would want to be able to apply a credit note within a locked period however we wanted to provide more context on the purpose of lock dates and reasons for the way they work at present.
Basically put lock dates prevent users making changes to the accounting records prior to the lock date. Their role is to prevent unintended changes which would alter reporting outcomes be they financial reports, VAT/GST/Sales Tax reports etc. Lock dates ensure financial data is accurate and trustworthy.
When a credit note is allocated to an invoice the allocation date is dated the later of the two documents, the first day where both exist. Credit note allocations require creating journals on both a cash and accrual basis, which is why if both the invoice and the credit note are in a locked period, the allocation can’t be done. Those journals…
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James Greenfield
supported this idea
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220 votes
Hi community, we appreciate this idea has collected a fair amount of interest which has all been shared with and reviewed by the product team.
While this isn't currently being worked on there are other ideas this team are working on right now, including a bulk void feature and highlighting rows when selected. Although these features are still under development process and we don't have confirmed release dates yet.
With regards to having a separate field for the posting date and invoice date, our team is interested in better understanding this idea as it may be something they look to develop down the track. They really appreciate and encourage you to continue to share your experiences, pain points and insights. This will help them understand how this feature can benefit you and other customers, as well as gauge demand for it.
As always, if there's any change we will…
James Greenfield
supported this idea
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179 votesJames Greenfield
supported this idea
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Equally as speechless as everyone else here. Just introduce working/posting periods and have those as the locking periods!
We are having to work around the lock dates for so many other things as well as allocations.
We receive a late invoice from a supplier and have to force the date to be in the date range of the working calendar month but we should be able to post it with the correct invoice date and instead, have it posted in the open working/posting period so it does not impact closed periods.
No one is wanting to change previously reported results but the ridiculous work arounds being put in place to handle this fundamental function is beyond painful.
Xero act as if this isn't something the vast majority of other accounting packages have been able to solve. Just bring in working/posting periods and stop everything relying solely on the document date.