The best Xero Product Updates - AUGUST 2024

Xero Product Updates

25 Sept

Written By Hayley Bradshaw

all the best updates to xero

Please find below our round-up of Xero Product Updates from the last few months.

Let’s dive straight in! 🙂

🚀 CORE XERO:

Bank Reconciliation report - You can now manually enter your bank statement’s ending balance, to help you quickly check if your balance in Xero matches your actual bank balance.

New Invoicing - Xero are retiring classic invoicing in November, and features there are being rolled over into the new version over the coming months. When you email your invoice, you'll be able to see a side-by-side preview that shows what your email to your customer will look like in real time.

Products & Services Inventory List - You can now edit and make adjustments to your items without leaving the product and services screen.

Bills - You can now bulk void bills.

Xero Bill Payments - This should now automatically extract and validate bank details from bill attachments.

🚀 NEW DIRECT BANK FEEDS (UK):

Nothing new here, but keep an eye out for future updates 🙂

🚀 REPORTING / Xero Analytics plus:

Nothing new here, but keep an eye out for future updates 🙂

🚀 XERO MOBILE APPs:

Xero Mobile App - you now have the ability to void an unpaid invoice directly within the Xero Accounting app.

Hubdoc Mobile App - you can now upload multiple photos from your device (up to a maximum of 10).

If you aren't using any of the Xero Mobile Apps, or haven't used any of them for a while, it's definitely worth checking them out - we use them for our own bookkeeping & reconciling!

🚀 XERO PAYROLL:

You can now easily manage your employees' working patterns supporting non-traditional working hours, such as four-day work weeks.

Employee pensions setup has also been simplified with additional guidance and increased flexibility to edit and update fields.

You can now select a custom leave year for leave to accrue as you wish.

🚀 XERO EXPENSES / XERO ME:

Nothing new here, but keep an eye out for future updates 🙂

If you're not yet using Xero Expenses & would like to find out more, please visit our blog - https://www.progressionaccountancy.co.uk/blog/why-you-should-start-using-xero-expenses

🚀 XERO PROJECTS:

Nothing new here, but keep an eye out for future updates 🙂

🚀 PAYMENT SERVICES:

New payment methods with Stripe: In addition to credit cards, debit cards, and digital wallets, you will soon be able to offer 'bank transfer' and 'buy now pay' later options.

If you’re not offering your customers different ways to pay you, check out here what's available - https://apps.xero.com/uk/function/payments