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  1. 129 votes

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    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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    Alex Lacota commented  · 

    We are now Xero certified!!

    We have a brand new website at https://www.rechound.com which contains pricing, FAQ and a bunch of resources on how you can finally reconcile any balance sheet account in Xero. You can now also sign up for a free 30 day trial :)

    Let me know if you have any questions or would like to get in touch!
    You can message us on the website or at info@rechound.com

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    Alex Lacota commented  · 

    Hi all,

    Hopefully we are only a month or so away from release!
    If you'd like to become a Beta tester we still have some space - just shoot an email to info@rechound.com and we can get you set up. There's no obligation here at all, pretty much just free RecHound until we go live! :)

    For more information we have a new blog post here:
    https://www.rechound.com/post/may-update

    Cheers!
    Alex

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    Alex Lacota commented  · 

    Well that was a bit of work!

    We now have our proof of concept completed for our application - see the video below for an idea of what we have been developing!

    Very eager to hear your thoughts on this. Thanks to you all for your support and feedback thus far :)

    https://www.youtube.com/watch?v=P1NRB-csHjg

  2. 346 votes

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    Alex Lacota commented  · 

    Hi all,

    I have good news on this idea - I am currently developing an application which will have this included as a feature. I have used the bullet points here as a reference to how we want this specific feature to work because I think this is quite well set out.

    Currently we have a 'last edited' date column, along with a 'transaction entry' date column as well (alongside the journal date too obviously). Each transaction will have its own specific identifier, as well as each full journal entry having its own identifier as well. We have a switch which will add in all the voided transactions too, so you will be able to see literally every transaction ever posted, whether it's viewable in Xero or not.

    Our application is foundationally a balance sheet reconciliation management tool, which will also allow the reconciliation of individual accounts by netting off your Xero transactions line by line. Great for clearing accounts. We noticed that we needed to generate our own 'audit report' of sorts in order to build our app, so we may as well add it as a feature too!

    We are currently heavy in the testing phase for this. We will have a website with a mailing list up and running in the coming weeks - I will post it up here as soon as it's available for anyone interested.

    Thanks!
    Alex