Settings and activity
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17 votes
Hi everyone, we have some updates in the UK with the bill payments method with Crezco. You now have more control of your cashflows with the ability to schedule bills to be paid at a future date using direct bank transfer. This helps to avoid potential bank charges for same day transactions, and missing due dates. Along with this you'll also be able to stay up to date with your payments with real-time payment status in Xero. Meaning you don't have to log into your bank to check the status of each bill payment. With an overview of all payments made using direct bank transfer, you have an accurate record of which suppliers have been paid, and when.
We know there are users from others regions also interested in the idea here and we'll share if there are any updates for expanding similar functionality in other places.
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Philip Hankers
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61 votesPhilip Hankers
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An error occurred while saving the comment Philip Hankers
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I echo all the points made.
Another example of the dumbing down of accounts function and general belief of non-accountant software programmers that numbers are difficult for non-accounts people. They are not.
What's the point of account numbers if not be able to sort by them?
This seems like and easy and basic thing to correct.I would like to be able to hide the accounts that aren't used by all the budgets I have.
There should be an option for follow the custom P&L format.
Unfortunately we will not use this functonality until future bill payments is an option.
Due to the excessive costs charged by the banks for same day payments I do not believe that we will be the only Xero customer not willing to incur substantial additional bank charges by using Bill payments via Open Banking / Crezco.
Crezco tell me that the functionality is available on their software but not via Xero. They say this is on the Xero 'roadmap' but are unable to say how long the road is......