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  1. Chart of accounts - Add support for subaccounts

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    29 comments  ·  For small businesses » Accounting features  ·  Admin →
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    In discovery  ·  AdminKelly M (Community Manager, Xero) responded

    Hi community, thanks for continuing to engage, and sharing your needs in adding more layers to your chart of accounts structure.

    We know especially for some of our US customers that this can sometimes be a show stopper in using of Xero.

    Right now, we do have a product team that have begun exploring the efforts that'd be required to implement a change of this nature - while we can't commit to any development at this point we'll share any progression with you all here. Thanks

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    Luis VelazquezSantos commented  · 

    Sub-accounts, subsidiary accounts, contra accounts, and parent and child accounts are sometimes necessary to better understand the correlation, relationship, or even the offset of an account.