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  1. 402 votes

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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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    Sarel van der Walt commented  · 

    Game changer for us would be the ability to select the currency we would like the journal to be posted in other than the base currency of your entity. For example, for one of our clients, the base currency is EUR however their payroll is in CHF thus our payroll would need to be written in CHF and this cannot be done at the moment.

  2. 21 votes

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     ·  5 comments  ·  Practice tools  ·  Admin →
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    Sarel van der Walt supported this idea  · 
  3. 303 votes

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    Thanks everyone for the continued support on this idea, and for sharing the detail of how this'd help in your day-to-day work.

    We understand this request is especially important for customers and advisors who are working with PDF statements when a direct bank feed isn’t available, when a bank doesn’t offer a usable CSV export, or when manually converting and cleaning statement data adds extra time and effort.

    When we last updated this idea, we shared that PDF bank statement conversion had been introduced in limited regions. Since then, we’ve continued to look closely at where we can best improve the document capture and data entry experience across Xero.

    Hubdoc remains a core part of our offering, however to be transparent we’re currently focused on delivering more efficiencies through Xero directly - such as with our new Smart Document Capture within Xero Files.

    With that in mind, there isn’t any…

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    Sarel van der Walt commented  · 

    This 100% is needed for the EU as well! This will be an absolute game changer!

    Sarel van der Walt supported this idea  ·