Settings and activity
11 results found
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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 
Salonee Verma
commented
This would be very useful. the amount of time wasted in work arounds due to an inadequate FX system in Xero (prepayments, accrued income, doubtful debts, etc etc) is ridiculous. Journal entries, payments, receipts, adjustments etc should all be possible in FX currencies. Adjusting everything every month is so unnecessary!!!
An error occurred while saving the comment Salonee Verma
commented
Please add this feature
Salonee Verma
supported this idea
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96 votes
An error occurred while saving the comment Salonee Verma
commented
This would be very useful. the amount of time wasted in work arounds due to an inadequate FX system in Xero (prepayments, accrued income, doubtful debts, etc etc) is ridiculous. Journal entries, payments, receipts, adjustments etc should all be possible in FX currencies. Adjusting everything every month is so unnecessary!!!
Salonee Verma
supported this idea
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455 votes
Hi community, we appreciate this idea has collected a fair amount of votes and commentary. This has all been shared with, and considered by, our product team - so they have an understanding of the work that would be required for this.
We'd like to confirm that, at this stage, the automatic generation and sending of reports is not something we have plans to develop in the near term. We are still interested to get a clearer understanding of demand for this feature, and we'll continue to track this through the conversation and votes on this idea. If there's any change we will let you know!
An error occurred while saving the comment Salonee Verma
commented
This was requested in 2014. Can't understand why this has not been implemented yet.
An error occurred while saving the comment Salonee Verma
commented
Please implement. it is very basic and easy on quickbooks!
Salonee Verma
supported this idea
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12 votes
An error occurred while saving the comment Salonee Verma
commented
Agree. Would like to make bills billable in one tick. Also, sometimes we waive reimbursement of expenses. So, it should be possible to remove the "billable" tick in bulk, across different bills too.
Salonee Verma
supported this idea
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1 voteSalonee Verma
shared this idea
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8 votesSalonee Verma
supported this idea
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553 votes
Hi community, to continue sharing on our development of einvoicing in the UK - we've now released our first part of this experience. So, if you have registered for einvoicing, you'll be able to edit your billing contact to select to 'Receive Xero subscription bills as einvoices where you'll just need to enter your businesses VAT. As mentioned in my last update - we're still developing this experience, and coming up will be the ability to choose this option from the online invoice itself. I'll loop back when this is released.
Salonee Verma
supported this idea
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618 votes
Hi everyone, thanks for joining and supporting this idea.
We understand there are a few different use cases for why you'd like to attach a file to an asset within the Fixed Assets register, as well as transactions themselves.
To be upfront our team's current focus, like many areas of Xero, is on upgrading Fixed Asset technology, as we build greater consistency between Xero experiences, making it easier to learn and navigate Xero. Some of these changes may seem minor, but are critical in terms of delivering new and exciting value later on.
That being said, our team is researching what comes next and this is a focus because it is the most supported idea for Fixed Assets right now.
As we continue forming the future of Fixed Assets in Xero, we'll share if there’s any updates.
Salonee Verma
supported this idea
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31 votesSalonee Verma
supported this idea
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41 votesSalonee Verma
supported this idea
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63 votes
An error occurred while saving the comment Salonee Verma
commented
Yes, we have assets in foreign currencies and need to manually revalue them each month. Quite a pain to compensate for what should be a standard feature (as it is in Quickbooks online).
Salonee Verma
supported this idea
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Kim, agree. Suggest you post it as a new comment, as am sure most xero users would have the same experience.