Aug 02

Tips, Tricks and Features of Xero Accounting Software Pt.1

Over the years of supporting clients with the integration of Xero accounting software, we’ve encountered some frequently asked questions from both new and seasoned Xero users alike. Hence, we will be sharing some of useful tips, tricks and features that will help you get the most out of your Xero experience.

Question: Do you want to generate Aged Receivables report showing outstanding balances as of today? Aged Receivables report only show outstanding balances based on last day of the month.

Select Aged Receivables Detail [New] report and change Date Range to Custom : [today’s date]

Question: How to get Aged Receivables report [old version] to show outstanding invoices in their foreign currency?

In Aged Receivables report old version, footnotes are indicated for foreign currency transactions. Click Show invoices. Xero will generate an Invoices report showing the outstanding invoices in local and foreign currency.

Question: Do you have a problem of reconciling your accounts because someone made a change after you have finalised your accounts? You can lock your accounts to prevent such problems!

You can “lock” Xero transactions to prevent any accidental changes. The two types of lock date are based on user role. One lock date stops users who are not Advisers changing data. The other lock date stops all users, including Advisers.                                      

Go to Advanced > Accounting > Financial Settings > Lock Dates. Stop all users making changes on and before [30/09/2019].

Interested to learn more about Xero?

We have training & support services available for purchase, contact us at 6515 7906 or enquiry@361dc.com to learn more. Alternatively, you can fill up the form below.

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