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  1. Manual Journals - Ability to post journal entries to bank/cash accounts

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    22 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for the added detail, everyone. It's good to be able to share this detail back with our teams.

    Appreciate why Bank Rules won't help for cash accounts and where you don't have a bank feed coming into the account.

    Being open, this isn't something we have plans for changing in the short-term. We'll leave the idea open for our product team to continue considering how we could improve efficiency in some of the situations you've described. If there are any updates we'll share this with you all here.

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    Jeffrey Gillingham commented  · 

    to the comment below - we pick up any errant entries in the bank reconciliation when we do it end of month.... thats what that is for.

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    Jeffrey Gillingham commented  · 

    this is so stupid that you can no longer j/e to a bank account. yeah, so its "fraught with danger." Thats why I went to school - so I could avoid the danger and know how to fix it. You guys have taken something we've been doing for 5+ years and limited it and screwed us up. How is Gusto supposed to journal entry to the bank for payroll anymore? Now we have to clear the journal entries in a clearing account as an extra step? This is really dumb - I'm sorry. Back to QuickBooks for me and my clients.

    Jeffrey Gillingham supported this idea  ·