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  1. Manual Journals - Journal in foreign currency and see FX rate on journal

    264 votes

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    61 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, first off thank you for contributing and detailing why posting manual journals in a foreign currency is of interest to you all.

    We appreciate our customers would like to see more capability in accounting for and dealing in foreign currencies across Xero.

    In it's current form Manual Journals are a part of Xero that require some upgrade to uplift technology in order to provide capability for ideas like this to be considered. We have intentions of bringing attention to this over the coming year, however getting this done first is necessary before we can even think about adding newer functionality like journaling in another currency to the mix.

    To set the expectation here, there is no work planned over 2023 for this feature. We know it's of high interest and when we're in a place to reassess we will share with you here.

    Ashok Shah supported this idea  · 

  2. Foreign currency - Change exchange rate behaviour

    63 votes

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    12 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Ashok Shah supported this idea  · 

  3. Invoices/Bills - Feature to 'write off' as bad debt

    598 votes

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    13 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminEthan M (Admin, Xero) responded

    Hi community, we appreciate this idea has collected a fair amount of votes and commentary. This has all been feedback and taken seriously by our product teams.

    Currently, there are ways to record a bad debt in Xero, depending on your tax registration status and how you want the transactions to be recorded in your reports - We have help for this on Xero Central you can draw into.

    We don’t have any plans in the near term to expand functionality to develop a button to write off invoices or bills as 'bad debt'. If anything changes in this space, we’ll update you on this idea!

    Ashok Shah supported this idea  · 

  4. Invoice - Prompt Payment / Settlement Discount

    264 votes

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    submitted  ·  83 comments  ·  For small businesses » Business features  ·  Admin →
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    Ashok Shah supported this idea  ·