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    Hi everyone, thanks for all your feedback and highlighting the need for multi-currency manual journals, and being able to see the FX rate directly in the journal.

    We understand the needs in this space have close ties with this idea for being able to journal to bank accounts, and this is something we have intentions of doing deeper discovery around in the longer term. However, we want to be upfront that this work isn't roadmapped right now.

    Though we appreciate not the straight forward approach that you’re after here - currently you can create the journal via a bill in the relevant foreign currency. Entering positive and negative lines for the debit and credit entries, which results in a 0.00 bill total once approved. The bill lines are converted to your organisation’s base currency using the bill’s FX rate, and the transaction won’t revalue.

    As soon as there's movement…

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    Sonya-Rose Bremnes commented  · 

    So let's be honest... this is not going to happen. I've been subscribed to and monitoring this thread for over 5 years. Unfortunately Xero does not take into account such requests from accountants who need actual accounting functionality. Their focus is on small business owners and getting on the AI train.

    I now have only 1 client remaining on Xero, and as soon as the entity is wound up in the current year, I will be fully detaching myself and my accounting practice from the Xero brand.

    And today I will be unsubscribing from this idea thread, because it only makes me more upset seeing all of the user comments and the complete and utter disregard Xero support has for their accounting customers.

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    Sonya-Rose Bremnes commented  · 

    I have completely lost hope of this ever happening, lost trust in Xero's ability to listen to its users and their functionality concerns, and no longer use Xero for my clients. This has been very disheartening to watch the past few years. This request was first submitted in 2014. That was TEN YEARS ago. There has been NO RESOLUTION.

    Xero Product team - WHY ON EARTH are you ignoring your users that actually want to use your product, and are now being turned away to find other solutions as you won't engage with us about critical functionality? This is absurd. I have been monitoring this thread for years.

    I think I'm finally going to disable the notifications for new comments because now they just make me sad.

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    Sonya-Rose Bremnes commented  · 

    Shocked this has been an "idea" since April 2014.... 9 years almost to the day. I can't imagine this is that difficult to code?! Yet would make a HUGE difference in being able to post both individual and recurring entries using the current spot FX rate. I have switched clients from QBO to Xero specifically for the better overall multicurrency functionality and reporting, however this is a glaring FX problem that seems to be continually ignored.

    Sonya-Rose Bremnes supported this idea  ·