Settings and activity
4 results found
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7 votes
Joshua McConaghy
supported this idea
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80 votes
Hi everyone, thanks for sharing your feedback on this idea. We appreciate you explaining how important more control over lock dates is for protecting your data integrity and supporting your workflows.
As part of our wider review of roles and permissions across Xero, we’re pleased to let you know that this is a feature that we’re exploring controls in and reviewing the viability of. We'll keep you updated here as our plans shape up further.
Joshua McConaghy
supported this idea
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3 votes
Thanks for sharing this idea about having regular automatic Lock Dates.
We've reviewed this idea here, and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
Along with votes, other members can now comment to share additional detail about how this could improve their experience with Xero.
Joshua McConaghy
supported this idea
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19 votes
An error occurred while saving the comment Joshua McConaghy
supported this idea
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I agree. Payments and credit allocations shouldn’t have a material impact on the accounts, but giving everyone the ability to lock and unlock periods is likely to cause issues.
We use an automated billing system that submits to Xero once invoices are approved. If a lock date is in place, it simply posts to the next available period, which works perfectly. However, each time we unlock a period we increase the risk of a late purchase invoice being posted into a previously locked period, which can create unnecessary complications at the following month end.
This actually happened last month. Because the transactions didn’t have reference numbers, I spent around four hours investigating a £17k variance in a period that had already been closed. It turned out that three invoices had slipped into the period while it was temporarily unlocked so that payments could be allocated.