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5 votes
Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
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Luke Curtis
supported this idea
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7 votes
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Luke Curtis
supported this idea
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106 votes
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.
An error occurred while saving the comment An error occurred while saving the comment Luke Curtis
commented
This should be a dead cert for Xero to add as it is a manual process that literally every accounting team have to process manually once a month.
Luke Curtis
supported this idea
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18 votesLuke Curtis
supported this idea
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I would extend this to the same functionality but for deferred revenues that have to be spread over a period - critical for subscription-based businesses.