Settings and activity
24 results found
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8 votes
Sandra van Kool
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6 votesSandra van Kool
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131 votesSandra van Kool
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263 votesSandra van Kool
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16 votesSandra van Kool
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15 votesSandra van Kool
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31 votesSandra van Kool
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4 votesSandra van Kool
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543 votesSandra van Kool
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264 votes
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.
An error occurred while saving the comment An error occurred while saving the comment Sandra van Kool
commented
Absolutely critical. How can Xero market itself as multicurrency yet not offer basic multicurrency functions and reports.
If anyone knows of a better FX accounting software, I'd love to hear about it. Looking for a change.An error occurred while saving the comment Sandra van Kool
commented
Desperately need ability to enter fx journals. Xero partner left us with an fx conversion balance in the GL I cannot clear. I also cannot extract AP or AR reports in USD.
Totally agree with posted comments below.
Please do not market Xero as multi currency with limited fx functionality and reporting.Sandra van Kool
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9 votesSandra van Kool
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9 votes
Thanks for your feedback, Christine. Appreciate how this could help though I want to be upfront that we don't have plans for changing this atm.
It would help in passing on your feedback to the right team to know if there is a specific area in Xero that you'd most commonly view the balance owing to your supplier - e.g would this be within their contact record, or do you run a particular report to view multiple supplier balances at once?
Sandra van Kool
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84 votesSandra van Kool
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7 votes
Hi Dan, you can already run the new Profit & Loss in a foreign currency your org is using, as well as run on a cash basis. If you often find yourself wanting to run reports on a cash basis - we recently released Reporting preferences where you could set this as a default. 🙂
We'll keep tracking the interest around viewing the Statement of cashflow in a foreign currency and let you know if there's any plans made for this, here.
Sandra van Kool
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25 votesSandra van Kool
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41 votesSandra van Kool
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96 votesSandra van Kool
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254 votesSandra van Kool
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63 votesSandra van Kool
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223 votes
Hi everyone, thanks for sharing your support for part disposal of Fixed Assets in Xero. Being transparent - current work for the team requires focus on upgrades to Fixed Asset technology.
However, we’re thinking of what comes next and partial disposal of an asset figures strongly in this. Please continue to detail your particular use cases here in Product Ideas.
As we continue forming the future of Fixed Assets in Xero insights from Product Ideas here will feed into the team's plans.Sandra van Kool
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That is a poor response. If you are not going to offer full functionality of multicurrency, then please stop selling Xero as a multi currency product. It is not.