No images? Click here New releases Web updates * Bank reconciliation – the suggested matches within the programme has been updated to be more accurate and reliable, making the day to day bookkeeping a slicker and easier process. * Paypal Commerce Platform – This is a new version of the payment service (API), Xero have created a new integration to this account for businesses that offer their clients to be able to make payments direct from sales invoices now using the latest version. In order to start accepting payments the business will need to have a business account and verify the account before they can start accepting payments. * New invoicing – You can now apply pre-payments and overpayments to invoices. * Cash validation report – The perfect tool to assist financing your business! This fantastic new report assists you by validating the source data that has been inputted to Xero, informing you of the data point giving investors additional confident in the data entry. * Statements of cash flows – A new line has been added into the report called “ Effect of exchange rate changes on cash” this has been added to make sure the report reconciles with the cash balance, on the balance sheet. * Non MTD VAT Return – The new return has been launched with additional benefits and is great as a transition to MTD If you don’t yet have to comply. The report can be run selecting custom date ranges, to make adjustments and allows you to see what transactions make up each VAT box. * Postponed VAT accounting – At the bottom of both the MTD VAT report and Non MTD VAT reports you have the ability to adjust the return to account for Postponed VAT Accounting (PVA). The new feature saves you having to make complex adjustments allowing you to simply make the change at the touch of a button. * Domestic Reverse Charge (DRC) – Additional tax rates are available to be used in order to account for this however you will need to make sure that you are using the new version of MTD VAT returns. Mobile updatesi-phone Update (IOS): * Edit and remove part payments – when reconciling you can now edit the amount of the payment to create a partial payment, these can now be removed just as easily by selecting the transaction. Android Update: * Edit and remove part payments - Similarly to the IOS update you can now reconcile part payments by matching with a single transaction in the find and match screen. * You now have the ability to delete draft or awaiting approval invoices. Updates over both devices: * The find and match function has now been updated with a fresher look giving you more visibility of the source transactions * Xero expenses app has been updated to allow a PDF upload and better receipt analysis, this now means that the technology supporting the app is more accurate and processes uploads faster Other updates: * Xero expenses & Projects – You are now able to trial both of these apps from within the demo company, along with some videos informing you of what they do and how they can be used. * Hubdoc – Duplicate detection has now been added and will check if uploaded direct or via email. App Partners Comma is an online platform built to streamline the process of paying business expenses such as bills, invoices and salaries through the power of open banking. It was born out of frustration at how tedious business banking can be, they decided it was time for a bit of magic. All your payments are taken care of in one place. Why use Comma?
For more information about these apps and other app partners that we certified with please look at our website HERE |