Settings and activity
5 results found
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60 votes
Claire Hewart
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13 votesClaire Hewart
supported this idea
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An error occurred while saving the comment -
7 votes
An error occurred while saving the comment Claire Hewart
commented
I need to be able to filter out archived clients from current clients. This is so we dont send statements & fund request (Payments on accounts) to dead/ grieving families clients. Elderly care industry in relation to re-charges. The statements page will be unusablely cluttered is a short period.
Claire Hewart
supported this idea
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12 votes
Thanks for your interest and feedback on this idea, everyone. Currently, you can View Payslips from within the draft pay run by clicking into Options > View Payslips.
From here you could download and email the payslips from outside Xero.
Though no plans at present, if anything changes in this space, we’ll update you on this idea.
Claire Hewart
supported this idea
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An error occurred while saving the comment Claire Hewart
commented
Allow draft payslips to be emailed before submission- This allows queries to be dealt with without the need for re-submisisons.
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11 votesClaire Hewart
supported this idea
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Why an Accounting App Should Have a Credit Note Feature
A credit note feature is essential in any accounting app because it ensures accuracy, compliance, and efficiency in financial record-keeping. Here are the compelling reasons why this functionality must be included:
1. Legal & Tax Compliance
✅ Mandatory for VAT Accounting – In many jurisdictions (including the UK), a credit note is legally required when a business needs to adjust an issued invoice. Without a proper credit note feature, businesses might struggle to comply with VAT and tax regulations.
✅ Maintains Clear Audit Trails – A credit note allows for transparent financial records, which is crucial during tax inspections and audits. Without it, businesses may be forced to delete or edit invoices incorrectly, risking non-compliance.
2. Prevents Manual Errors & Messy Workarounds
✅ Avoids Direct Invoice Edits – Manually editing an issued invoice to apply a refund or correction distorts financial records and can lead to reporting errors. A credit note properly offsets the original invoice while maintaining the transaction history.
✅ Minimises Accounting Mistakes – If a business has no structured way to apply credit notes, it might enter refunds or discounts incorrectly, causing inconsistent revenue reporting and potential tax miscalculations.
3. Enhances Customer & Supplier Relations
✅ Professionalism & Transparency – Issuing a credit note ensures clear communication with customers or suppliers, showing a structured and official adjustment rather than just altering records.
✅ Improves Dispute Resolution – If a client queries a charge, having the ability to issue a credit note instead of just deleting an invoice shows accountability and makes resolving disputes much easier.
4. Essential for Business Operations
✅ Common Business Scenario – Businesses frequently refund, adjust, or cancel invoices due to errors, returned goods, overpayments, or negotiated price changes. A credit note function allows these adjustments without affecting revenue reporting incorrectly.
✅ Keeps Accounts Receivable & Payable Accurate – Without credit notes, businesses might have to write off amounts manually, which can mess up cash flow tracking and debt management.
5. Supports Financial Reporting & Analysis
✅ Accurate Revenue & Profit Tracking – If an invoice is issued and later adjusted, a credit note ensures proper revenue adjustments without inflating sales figures.
✅ Better Cash Flow Management – If a credit note applies to a refund, the app should properly track how it affects the company’s cash flow, ensuring real-time visibility on finances.
Final Thought: A Credit Note Feature is a Non-Negotiable
For an accounting app to be fully functional, legally compliant, and efficient, a credit note feature is not just useful—it’s essential. Without it, users face compliance risks, accounting errors, and operational inefficiencies, making the app incomplete for serious businesses