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  1. Bills - AI reconciliation of supplier statements

    26 votes

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    submitted  ·  3 comments  ·  For small businesses » Business features  ·  Admin →
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    Tony Rishi commented  · 

    Add a feature to upload supplier statement. This is then checked against the supplier account and report if any invoices are missing. This is a standard feature in Autoentry.

    Tony Rishi supported this idea  · 

  2. Multicurrency- Batch payments of Foreign Currency Bills.

    488 votes

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    175 comments  ·  For small businesses » Accounting features  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, appreciate wanting an update - I'm pleased to share the beta went well and we've now launched international bill payments for our UK customers, making it easier to pay overseas suppliers.

    Using open banking, UK businesses can now securely send money to 180+ countries including Europe (EUR), America (USD) and Australia (AUD). So you don't have to juggle multiple platforms or hidden fees. Whether you're paying a single bill or multiple bills at once, you can authorise payments prepared by your team and easily track which suppliers have been paid.

    We’re committed to new ways to expand our bill payments feature for small businesses and their advisors in other regions by leveraging new technologies, where available. I'll keep you updated of any further developments for this, here.

    Tony Rishi supported this idea  · 
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    Tony Rishi commented  · 

    @ Kelly Munro (Community Manager, Xero).

    I have completed the form twice to join the beta, there is no option in my Xero dashboard to join.

    I don't understand why Xero doesn't allow a CSV file to be created for the Euro payments or have a report function. Then we can use this to import into Barclays.net and pay out from our Euro account.

    Under reports there is a Payable Invoice Detail, if I can add the IBAN and BIC then we can create a CSV file and convert this to a SIF file using macros.

    Xero is an International organisation many of your subscribers worldwide must be facing the same issue.