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  1. Xero settings: Option to automatically insert decimal places

    4 votes

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    submitted  ·  1 comment  ·  For small businesses » Accounting features  ·  Admin →
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    Johann Botes commented  · 

    Some countries have 3 decimals in their currency.
    Would be helpful if Xero can accommodate this and not just round transactions off to the standard two decimals, by selecting the number of reporting decimals for the business, based on the respective country and currency.
    This is a feature that is available in Tally, so surely Xero should be able to implement the same.

    Johann Botes supported this idea  · 

  2. Exchange rates - More than 6 decimal places

    15 votes

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    submitted  ·  7 comments  ·  For small businesses » Settings & user roles  ·  Admin →
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    Johann Botes supported this idea  · 
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    Johann Botes commented  · 

    Increase the number of decimals, based on currency requirements.
    Certain Middle Eastern countries has up to three decimal places in their home currency.
    Although rounding becomes applicable, the overall impact throughout a financial year does add up.
    With the default setting of two decimal places, it would be great to have an option to select different number of decimals, based on the selected reporting currency.