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1 vote
Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
Timothy Belcher
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28 votes
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13 votesTimothy Belcher
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105 votesTimothy Belcher
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2 votes
Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂
Timothy Belcher
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Vote Critical!!
Most payroll providers (including MYOB and others) already offer reducing balance functionality for deductions, and it would be a huge improvement if Xero did the same.
Why it matters:
Reducing balances remove the need for manual follow-up.
They ensure the correct deduction amount is applied each pay run.
They eliminate the risk of over-deducting, and avoid the admin burden of tracking balances separately.
Example:
If an employee has scissors sharpened for $150, I currently need to set up a recurring $15 deduction, then manually track when to stop it after 10 weeks. With reducing balances, the system would simply reduce the balance each week and automatically stop once paid off.
When you have dozens of employees at different stages of paying off tools, scissors, and other items, manual reminders (like calendar alerts) aren’t practical.
Some days I even consider moving back to MYOB because they already have this feature.
Please add reducing balance deductions to Xero Payroll. It will save small business owners significant time and prevent costly mistakes.