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 implausible to see everybody in-person once more. Along with the thrill of Xerocon London, we’ve had quite a lot of product releases, together with including much more customisation and performance to our new studies in Xero, and the early launch of Xero Go for UK sole merchants. We have now additionally modified the title of ‘My Payroll’ to ‘Xero Me’, aligning it with the cell app that has been enhanced to empower staff to trace their very own begin and finish occasions.
Make the change to new studies — International
We’re retiring the older variations of our studies in Xero. This implies you gained’t be capable to use them from 31 July 2023. Our buyer analysis reveals us that when folks give new studies a attempt, they love them. Nonetheless, we’ll be introducing numerous assets over the subsequent yr that will help you make the change. Discover out why now is a superb time to attempt new studies.
Quotes and Buy Orders reporting — International
Based mostly on buyer suggestions, we’ve now enabled Quotes and Buy Orders to be added to the Receivable and Payable Bill (Element and Abstract) studies from a checkbox inside the ‘Extra’ button. We have now additionally created eight new frequent format studies (two for every of the above studies) to assist get you began. Take a look at these new studies by utilizing the search bar within the Report Centre, or opening the facet panel of the Bill studies. You may as well add them to your administration report pack for sharing exterior of Xero.
Add and edit contacts — International
Within the weeks forward, the ‘Add & Edit’ web page in contacts will likely 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 data. The fields will likely be reordered and the web page will likely be restructured into sections with associated data. 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 flexibility to bulk merge contacts. It will 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 principle ‘Contacts record’ 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 widespread function in traditional invoicing, so we’re happy to have the ability to introduce it to our upgraded model. Please observe you gained’t be capable to add or edit a contact when updating a paid bill.
Enhance the accuracy of your shopper information — International
We’re simplifying the sync between Xero Apply 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 will likely be first title, final title and date of delivery. We’ve additionally launched the flexibility to develop and collapse your shopper record in Xero HQ, so you’ll be able to fill your display 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 clients. 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 in the event you’re nonetheless utilizing traditional invoicing, it’s time to make the change.
View your Xero steadiness within the Xero Accounting app — International
A newly launched function within the Xero Accounting app means that you can see your total money steadiness on the house display. You may as well choose which financial institution accounts are included in your total money steadiness, in addition to reorder your accounts and choose the kind of steadiness displayed within the checking account widget.
Reimagine your Xero expertise — International
We’re persevering with to roll out our recent 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 sluggish us down over time. This improve will assist us ship the options you want in your enterprise or follow, whereas additionally bettering velocity and accessibility. Listed below are the newest 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 robotically 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 recordsdata to stock gadgets.
My Payroll is now referred to as Xero Me — International
We have now 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 staff to self-serve their work admin duties. Xero Me permits your staff to entry payslips, submit and handle timesheets, go away requests and declare bills.
Empower staff 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 occasions, in addition to add notes in opposition to every day timesheets for straightforward communication. This new function will allow you to preserve correct payroll information, and save time on guide processes resembling chasing timesheets or reviewing data 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 economic 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 Earnings Tax Self Evaluation (MTD for ITSA).
File VAT funds robotically — 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 possibly can then generate a transaction with the contact, date, description, account code and tax charge robotically populated for you. All you want to do is assessment and approve the transaction — saving you time on information entry and making certain your VAT funds are correct.
Charting the ‘Bills by Contact’ report (pilot) — US
We all know that photographs or charts can specific advanced concepts or information in a a lot easier, stunning means. As such, US clients now have entry to a pilot graph on the ‘Bills by Contact’ report. This graph charts the overall 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 clients 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 function 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 could manually add into Xero or QuickBooks On-line. It’s quick and accessible free of charge with all Hubdoc subscriptions.