Come on Xero, how is this not a feature yet. It's required by every man and their dog, yet here we are, still manually expensing these via journals and spreadsheets. Its almost 2027.
Its simple, code the transaction - Xero needs to add an amortization schedule feature. When a user assigns as amortization schedule Xero pulls the bill into prepayments and like the depreciation feature amortizes the relevant amount each month. Adding an expense waterfall report to track and reconcile/verify
Come on Xero, how is this not a feature yet. It's required by every man and their dog, yet here we are, still manually expensing these via journals and spreadsheets. Its almost 2027.
Its simple, code the transaction - Xero needs to add an amortization schedule feature. When a user assigns as amortization schedule Xero pulls the bill into prepayments and like the depreciation feature amortizes the relevant amount each month. Adding an expense waterfall report to track and reconcile/verify