Settings and activity
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73 votes
Jennifer Paynter
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49 votesJennifer Paynter
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An error occurred while saving the comment Jennifer Paynter
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I'm not the only one suggesting 'tags' but I see the threads keep being 'closed' as tracking is available.
As a small business owner not being able to group expenses by activity with the use of tags is a major flaw.
Two "tracking" codes isn't enough for a business to make strategic decisions or get a decent overview on which areas and activities are performing best. I run dozens of campaigns and attend promotional events throughout the year and want to know which work. To do this I need to be able to tag and run reports on those tags.
This is also absolutely critical for anyone working with external funding for example a grant requires a set spend and can only be used for specific costs, however without being able to run a report using tags means amounts must also be kept in a spreadsheet for up-to-date information on how much funding is still available.
The saying goes I know half of my marketing doesn't work, just not which half. Tagging provides that transparency so you do know which half - and is essential for business making decisions.
A reminder to Xero that you need everyone here to do well so they can pay your bills. Right now I'm considering going back to Quickbooks or spreadsheets (circa 2009) for better visibility because this to me is absurd.