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  1. MFA | Remove requirement to use

    9 votes

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    10 comments  ·  For small businesses » Settings & user roles  ·  Admin →
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    Peter Kunzli commented  · 

    Xero are frauds in this matter. I use a lot of different accounting software as a professional bookkeeper and BAS agent. Other software either does not use this MFA rubbish, or limits it to either 30 days validity or only when you actually use the ATO reporting function.
    It is a complete pain having to put in another code every time. The password is sufficient, or if the password isn't sufficient then why have a password in the first place?
    yet another failing of this rather shoddy software.
    You get what you pay for unfortunately, except Xero isn't even that cheap any more.

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    Peter Kunzli commented  · 

    Further to this, MYOB doesn't require MFA EVERY time you log in (So Xero are lying when saying it is an ATO requirement). Nor do MYOB have a silly check box "trust this device".
    Plus MYOB allow you to properly reconcile EVERY account.
    Therefore MYOB remain as the best accounting software available.
    Xero really need to do better.
    And my bank doesn't require MFA every day I log in, not when doing regular transactions. Plus accounting software isn't a bank. I bet Xero get virtually no attempts to gain access to people's accounting.

    Peter Kunzli shared this idea  · 

  2. Reconciliation - Ability to reconcile clearing, control, and non-bank accounts in Xero

    132 votes

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    62 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminDana A (Admin, Xero) responded

    Hello everyone, appreciate all your feedback here. To be upfront, we don’t have any plans to develop the ability to reconcile clearing, control and non-bank accounts in the near future. 


    Some of the technology improvements going on across Xero will create more opportunities for us to explore extending some of the more complex functionality from one part of Xero to another. However, we are some way off from this yet. 


    That being said, there is the Account transaction report that could be handy in providing a view of both sides of a transaction in Xero. You can include the related account as a column in the report - See more in our help article on this.

    Alternatively, if you’re using an external system, you could look into the Xero App store. 


    Appreciate there are also lots of ways others are using Xero’s to fit their needs - If you…

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    Peter Kunzli commented  · 

    Allow reconciliation of accounts.
    Standard bookkeeping practice reconciles and removes reconciled items to keep track of account activity.
    Xero does not allow reconciliation, except the fake "reconciliation" in the bank feed.
    The one major flaw in Xero which prevents me recommending it to small business clients.

    Peter Kunzli supported this idea  ·