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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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    David Wilson commented  · 

    We also run a SaaS business and find the inability to record basic details like subscription start date and end dates very frustrating. Ultimately, we will be looking for the next generation of general ledgers that can cater for a growing software business unless there can be some incremental progress on this topic..

    David Wilson supported this idea  ·