It has been an thrilling, bumper month for Xero! We have been lastly capable of host our first Xerocon after practically three years, and it was improbable to see everybody in-person once more. Along with the thrill of Xerocon London, now we have had quite a lot of product releases, together with including much more customisation and performance to our new stories in Xero, and the early launch of Xero Go for UK sole merchants. We’ve additionally modified the title of ‘My Payroll’ to ‘Xero Me’, aligning it with the cell app that has been enhanced to empower workers to trace their very own begin and finish instances.
The momentum will solely proceed to extend as we gear up for Xerocon New Orleans on 24 and 25 August and Xerocon Sydney on 7 and eight September.
New options
Make the swap to new stories — International
We’re retiring the older variations of our stories in Xero. This implies you gained’t be capable to use them from 31 July 2023. Our buyer analysis reveals us that after folks give new stories a attempt, they love them. Nonetheless, we’ll be introducing a lot of assets over the subsequent yr that can assist you make the swap. Discover out why now is a good time to attempt new stories.
Quotes and Buy Orders reporting — International
Primarily based on buyer suggestions, we’ve now enabled Quotes and Buy Orders to be added to the Receivable and Payable Bill (Element and Abstract) stories from a checkbox inside the ‘Extra’ button. We’ve additionally created eight new widespread format stories (two for every of the above stories) to assist get you began. Try these new stories through the use of the search bar within the Report Centre, or opening the facet panel of the Bill stories. It’s also possible to add them to your administration report pack for sharing outdoors of Xero.
Add and edit contacts — International
Within the weeks forward, the ‘Add & Edit’ web page in contacts shall be up to date with our new design and a few enhancements, to make it simpler to add a brand new contact or edit current contact info. The fields shall be reordered and the web page shall be restructured into sections with associated info. Different enhancements embody separate checking account prefix and checking account quantity fields (Australia, UK and US), and higher error messaging.
Full a bulk merge in contacts — International
After listening fastidiously to buyer suggestions, we’re excited to be reintroducing the power to bulk merge contacts. This may prevent time when merging a number of contacts as an alternative of doing it separately. Within the weeks forward, you’ll be capable to choose a number of contacts from the primary ‘Contacts listing’ web page and merge their transaction historical past with a chosen contact.
Edit fields on an bill after cost — International
In new invoicing, you’ll now be capable to edit some fields on an bill the place a cost has already been made. It is a in style characteristic in traditional invoicing, so we’re happy to have the ability to introduce it to our upgraded model. Please word you gained’t be capable to add or edit a contact when updating a paid bill.
Enhance the accuracy of your shopper data — International
We’re simplifying the sync between Xero Observe Supervisor (XPM) and Xero HQ, as a primary step to making a unified shopper file. From 25 July 2022 (22 August 2022 in Australia and New Zealand), the one fields that can sync between XPM and Xero HQ when a shopper file is edited shall be first title, final title and date of start. We’ve additionally launched the power to develop and collapse your shopper listing in Xero HQ, so you’ll be able to fill your display screen and see all columns on the one web page.
Ship bill reminders in new invoicing — International
We’ve launched bill reminders to new invoicing, so it can save you time chasing funds out of your purchasers or prospects. Now you can flip bill reminders on and off inside an bill, and a contact. New invoicing is the place all our new options and added worth will now reside, so should you’re nonetheless utilizing traditional invoicing, it’s a superb time to make the swap.
View your Xero stability within the Xero Accounting app — International
A newly launched characteristic within the Xero Accounting app means that you can see your total money stability on the house display screen. It’s also possible to choose which financial institution accounts are included in your total money stability, in addition to reorder your accounts and choose the kind of stability displayed within the checking account widget.
Reimagine your Xero expertise — International
We’re persevering with to roll out our contemporary new look throughout Xero. It’s all a part of our work to improve the know-how that underpins the Xero platform, so it doesn’t gradual us down over time. This improve will assist us ship the options you want in your online business or apply, whereas additionally bettering velocity and accessibility. Listed here are the latest modifications in Xero:
- Within the weeks forward, we’re updating the worldwide search operate in Xero with a brand new design, together with a new-look search bar, filter and dropdown menu.
- We’ve up to date quotes so a brand new row is mechanically generated on the backside of the quote when a cell within the final empty row is populated. The ‘add new row’ button has not modified.
- We up to date the product particulars web page in Xero so now you can connect, view, obtain and delete information to stock gadgets.
My Payroll is now known as Xero Me — International
We’ve modified the title of My Payroll to Xero Me. My Payroll is the web-based model of the Xero Me app and we’ve aligned the names to make the expertise extra seamless for workers.
Save time on payroll by empowering your workers to self-serve their work admin duties. Xero Me permits your workers to entry payslips, submit and handle timesheets, depart requests and declare bills.
Empower workers to trace their begin and finish time in Xero Me — Australia
We’ve enhanced the timesheet performance within the Xero Me cell app. Workers can now file their begin, finish and unpaid break instances, in addition to add notes in opposition to every day timesheets for straightforward communication. This new characteristic will show you how to maintain correct payroll data, and save time on guide processes equivalent to chasing timesheets or reviewing info earlier than doing payruns in Xero.
Ease the burden for sole dealer purchasers — UK
We’ve unveiled the early launch of Xero Go, a brand new app we’ve developed to assist ease the burden of monetary admin for sole merchants within the UK. It streamlines the guide, time-consuming components of on-line accounting whereas empowering them with the instruments they should meet compliance necessities for Making Tax Digital for Revenue Tax Self Evaluation (MTD for ITSA).
Report VAT funds mechanically — UK
As soon as your VAT Return has been finalised or filed with HMRC, you’ll now have an possibility in Xero to create a draft invoice or bill. You’ll be able to then generate a transaction with the contact, date, description, account code and tax fee mechanically populated for you. All it’s good to do is assessment and approve the transaction — saving you time on information entry and guaranteeing your VAT funds are correct.
Charting the ‘Bills by Contact’ report (pilot) — US
We all know that photos or charts can specific advanced concepts or information in a a lot less complicated, stunning means. As such, US prospects now have entry to a pilot graph on the ‘Bills by Contact’ report. This graph charts the entire determine within the report, offering a precious perception into one of many prime questions requested by small companies, “The place does my cash go?” It is a trial graph, and we’re at present gathering suggestions from prospects on how helpful they discover it earlier than rolling it out to different areas.
Export financial institution transaction information in Hubdoc — US and Canada
We’ve launched the beta model of a brand new financial institution assertion extraction characteristic in Hubdoc that has been rolled out within the US and Canada. It exports transaction information from PDF statements of supported banks (RBC, TD Canada Belief and Chase Financial institution) right into a pre-formatted CSV file that you would be able to manually add into Xero or QuickBooks On-line. It’s quick and out there totally free with all Hubdoc subscriptions.