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  1. Depreciation - ability to add when creating an invoice for a fixed asset.

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    submitted  ·  0 comments  ·  For small businesses » Accounting features  ·  Admin →
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    David Elliott shared this idea  · 

  2. Prepayments & Accrual Schedules

    66 votes

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    submitted  ·  12 comments  ·  For accountants & bookkeepers » Xero HQ  ·  Admin →
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    David Elliott commented  · 

    When posting an invoice, why not ask in what period (drop-down calendars - to/from) the expense should be recognized? So, when I post an invoice for a 12-month subscription for £1,200, I choose 'from 1/6/25 to 31/5/26' and Xero drops £100 per month into the P&L account each month for 12 months. The prepayments schedule can then be reverse-engineered based on this.

    David Elliott supported this idea  ·