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A sneak peek into what’s next for reports in Xero

Xero

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Don’t forget, the older versions of our reports will be retired on 31 July 2023. Here’s a sneak peek into our plans.

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Product wrap from Xerocon Sydney 2023

Xero

In the coming months, we’ll also be enhancing the way we use AI in bank reconciliation, to populate new contacts that aren’t already in your clients’ contact lists. This will reduce manual data entry and means that for clients new to Xero, bank reconciliation is made easier on day one.

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Highlights from Xero’s 2023 hackathon

Xero

The post Highlights from Xero’s 2023 hackathon appeared first on Xero Blog. Our teams constantly raise the bar on delivering the best experience for our customers and partners every day, so they can get back to doing what they love.

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How to manage the Singapore GST rate change in Xero

Xero

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. To help you do this, on 2 January 2023 we’ll be introducing a new button at the top of your Chart of Accounts page, called ‘Update to 8% defaults’.

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Four ways small businesses can work smarter in Xero this EOFY

Xero

Finalise bank recs faster with automatic refresh As any small business owner knows, bank reconciliation (the process of confirming all transactions in your bank accounts are recorded in your business accounting records) is one of those tasks you need to stay on top of. EOFY 2023).

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The truth about bank feeds: Busting the top three myths

Xero

Xero now monitors performance through metrics like set-up consent success rates and connectivity rates on a bank-by-bank basis, and works with financial institutions to address the rare performance issues that arise. Myth #3: Digital bank feeds won’t save me any time Xero users report saving up to 5.5

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Latest product news — December 2022

Xero

Here are the latest features we’ve introduced to new reports: We’re introducing a current financial year by month report as well as a Bank Reconciliation report pack. The GST rate for Singapore businesses will increase from 7% to 8% on 1 January 2023. We’ll make the new 8% rate available in Xero by 9 December 2022.

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