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  1. Manual Journals - Ability to post journal entries to bank/cash accounts

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    26 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for the added detail, everyone. It's good to be able to share this detail back with our teams.

    Appreciate why Bank Rules won't help for cash accounts and where you don't have a bank feed coming into the account.

    Being open, this isn't something we have plans for changing in the short-term. We'll leave the idea open for our product team to continue considering how we could improve efficiency in some of the situations you've described. If there are any updates we'll share this with you all here.

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    Zuzi Seoka commented  · 

    We are a retail business that uses a drop safe. We move funds from cash-on-hand at the end of the day, to a drop safe. The cash company that manages the drop safe does a weekly deposit into our bank account, minus the fees. This limitation means I would need to sacrifice bank feeds & create a current asset bank account, to handle the drop safe. This creates unnecessary additional work and your workarounds don't solve the problem. At this point, Xero really needs to pick up the socks. The "value" we moved to Xero for is gone but the subscription will have you believe it's still there.

    Zuzi Seoka supported this idea  ·