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  1. Chart of Accounts - Ability to assign Foreign Currency to an account

    66 votes

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    21 comments  ·  Banking & chart of accounts » Chart of Accounts  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for support in this idea, everyone.

    We can see the benefit being able to associate a currency to an account could would have for customers in helping keep transactions consistent in their source currency.

    This isn’t currently on our roadmap, but it’s something our team will consider as they plan the future of multi-currency across Xero.

    We’ll keep an eye on the feedback here and make sure to share if there are any updates, with you all.

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    Magnus Lamprecht commented  · 

    In my opinion, in order to keep up with other product offerings out there it is essential that this functionality is brought in. Loans and certain assets are very often in other currencies, and keeping track of these manually outside of Xero is counter-productive to what Xero is trying to achieve in its full automation claims. Even small programs such as VT+ has this functionality.

    Magnus Lamprecht supported this idea  ·