Hello I am the product manager for the group within Xero which looks after the currency capability.
I follow the digital currency space closely, I find it incredibly interesting both sociologically as well as technically. However as a product manager my role is to ensure that my engineering group works on the things that create the most value, for the most people, and in alignment with the company's long term goals and aspirations.
Digital currencies continue to have an extremely passionate, but also extremely small group of users who want to see them handled in Xero. The cost remains very high for us to deliver this feature, and does not make a difference to enough peoples lives to justify that investment. There are a lot more touchpoints than many people appreciate to implement crypto properly. Huge decimal precision, UX, currency rate feeds, revaluation logic, reporting - all need changes to support this in the way that needs to be done to allow proper accounting.
Digital currencies aren’t prioritised in the next year, but our group is working on other initiatives which lay the groundwork so that in the future I truly believe we will be able to justify working on crypto, and that what we produce will be world class.
I continue to monitor this thread and I look forward to sharing news that is more in line with what you hope for in the future.
Hello I am the product manager for the group within Xero which looks after the currency capability.
I follow the digital currency space closely, I find it incredibly interesting both sociologically as well as technically. However as a product manager my role is to ensure that my engineering group works on the things that create the most value, for the most people, and in alignment with the company's long term goals and aspirations.
Digital currencies continue to have an extremely passionate, but also extremely small group of users who want to see them handled in Xero. The cost remains very high for us to deliver this feature, and does not make a difference to enough peoples lives to justify that investment. There are a lot more touchpoints than many people appreciate to implement crypto properly. Huge decimal precision, UX, currency rate feeds, revaluation logic, reporting - all need changes to…
We would be interested in Xero, except there are a couple essential currencies currently unavailable, which I expect would be very easy for Xero to implement. We need to have the currencies XAU and XAG in Xero for our bookkeeping and accounting to function. xe.com has these currencies listed on their site and they are available through their API (which I believe Xero uses). I have easily been able to work with these currencies in the Odoo accounting software: https://odoo.com
Please let us know if you can make these currencies available or what is necessary to put them on the Xero roadmap. Thank you for all your diligent work serving your customers.
We would be interested in Xero, except there are a couple essential currencies currently unavailable, which I expect would be very easy for Xero to implement. We need to have the currencies XAU and XAG in Xero for our bookkeeping and accounting to function. xe.com has these currencies listed on their site and they are available through their API (which I believe Xero uses). I have easily been able to work with these currencies in the Odoo accounting software: https://odoo.com
Here are these currencies on xe.com:
https://www.xe.com/currencyconverter/convert/?Amount=1&From=XAU&To=XAG
Please let us know if you can make these currencies available or what is necessary to put them on the Xero roadmap. Thank you for all your diligent work serving your customers.