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  1. Bank Reconciliation - Account Transaction / Bank Statements - Navigation at top of page

    94 votes

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    40 comments  ·  Banking & chart of accounts » Reconciliation  ·  Admin →
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    Rebecca Mallon supported this idea  · 

  2. Multicurrency- Batch payments of Foreign Currency Bills.

    580 votes

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    229 comments  ·  Purchase orders, bills & inventory » Paying bills  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thanks for continuing to share feedback about paying multiple bills in foreign currencies with us here.

    As mentioned in my last update UK organisations can use our online bill payments solution with Crezco to pay international suppliers.

    UK businesses can now use open banking to pay suppliers in 180+ countries, including in EUR, USD and AUD, either individually or in batches. Payments can be prepared by a team member, authorised and tracked in Xero.

    To share further progress in the US we've launched online bill payments through Melio, which includes ACH and international or cross-border payments.

    We've also launched a bill payments solution for AU with AirWallex that's currently in early access. This doesn't yet support paying in foreign currency however this functionality is high on our radar as we continue to develop this experience.

    We’ll continue to share progress as the further regional capabilities develop. Thanks

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    Rebecca Mallon commented  · 

    I don't want to pay the bills through Xero, the exchange rates on using the open banking and our normal bank account are far too high. And if we have a US dollar account, we'd use that to pay the US dollar invoices, so why can't we just batch them and mark as paid. This is critical for businesses that have international trade

    Rebecca Mallon supported this idea  ·