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  1. Bills - Deferred expenses/amortization of bills spread out over time

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    submitted  ·  9 comments  ·  Purchase orders, bills & inventory » Bills  ·  Admin →
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    Omar Al-Aboudi commented  · 

    *PREPAID/DEFERRALS MODULE*

    I know that there are certain 3rd party apps which provide such features for the accounting of prepaid expenses/ deferred revenues.

    Also, Quickbooks offer similar feature.

    While we love Xero and the robust financial controls it offers, we believe it is extremely important to offer a plan which includes prepaids/deferral accounting assuming all entities faces these situations, to avoid manual accounting for these and reduce human errors.

    Omar Al-Aboudi supported this idea  ·