Settings and activity
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149 votes
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George May
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162 votes
Hi everyone, thanks for your contributions to this idea. We appreciate your feedback about the challenges in ensuring all billable costs are recovered, and your desire for an improved experience.
As noted by others in the idea, there are some features that will give some visibility of billable expenses at present.
- You can 'View bills not assigned to projects', and
- there is the Outstanding billable expense report as some have shared which shows outstanding items you've assigned as billable to customers
Understanding the value more visibility of unassigned bills would have for customers, this is something we’ll continue to review in future planning but isn’t in the current roadmap. We'll be sure to update you all if this gets picked up.
George May
supported this idea
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An error occurred while saving the comment George May
commented
Morning!
I've started working with a client who does a lot of billable expenses. I see Xero has an Outstanding Billable Expense Report.
Further to some of the comments below, I think the issue is also the lack of intermediary journal entries.
Billable expenses are set up as inventory...
Dr Inventory - Cr Acc Payable
This will show what has not been rebilled.
When sales invoice raised...
Dr Cost of sales (billable expenses) - Cr Inventory
and of course
Dr Acc Receivable - Cr Sales and VATXero only does the first and last, which means a monthly journal needs to be done to get the right balance in inventory.
I would think this is a really simple addition! Thoughts please...
I echo what is said below... when transferring invoice numbers from another system if there is some human error in numbering and some are voided the sequencing is lost if the same number can't be used.