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  1. Chart of Accounts - Ability to assign Foreign Currency to an account

    66 votes

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    21 comments  ·  Banking & chart of accounts » Chart of Accounts  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for support in this idea, everyone.

    We can see the benefit being able to associate a currency to an account could would have for customers in helping keep transactions consistent in their source currency.

    This isn’t currently on our roadmap, but it’s something our team will consider as they plan the future of multi-currency across Xero.

    We’ll keep an eye on the feedback here and make sure to share if there are any updates, with you all.

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    Kelly Andrews commented  · 

    This would go along way to Xero coming out on top of other off the shelf software systems.

    Kelly Andrews supported this idea  · 

  2. Tracking categories for bank accounts

    18 votes

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    2 comments  ·  Projects & tracking » Tracking categories  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Appreciate seeking options from your community here too.

    Trying to think into this one - when you draw funds these statement lines would be reconciled to an equity account in the business? In theory the Tracking would be recorded when the item is reconciled to this account ? 

    Please do let me know more detail if there's something I'm missing in here? 

    Kelly Andrews supported this idea  · 

  3. Reporting | Tracking - Inherit tracking categories on foreign exchange gain and loss

    1 vote

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    0 comments  ·  Projects & tracking » Tracking categories  ·  Admin →
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    Gaining Support  ·  AdminAnis Anuar (Admin, Xero) responded

    Hi Kelly, thanks for sharing this idea. Having FX gains and losses inherit the tracking categories from the original transactions could make departmental and cost centre reporting easier to manage.

    I've updated the status to Gaining Support so we can continue tracking community interest. How would you like this to work? For example, should the tracking category automatically follow the original transaction, or should users have the option to select how FX adjustments are tracked?

    Kelly Andrews shared this idea  ·