Our view at Stack - Xero is a cloud-based accounting platform that offers numerous benefits. It simplifies financial management with automated bank feeds, allowing you to save time on data entry. Create, email, and print professional invoices effortlessly. Access your finances in real time via the cloud from any device. Retain records of income, expenses, assets, and liabilities securely online. Whether you’re a small business owner or an accountant, Xero streamlines your financial processes and provides a clear view of your financial health.
Managing accounts payable is a crucial part of doing business, but paying the bills can be time-consuming and inefficient. So we’re on a mission to make it easier.
We’re excited to announce that, over the next few months, we’re making some enhancements to the way you manage bills in Xero. These updates will help small businesses to streamline their end-to-end accounts payable process, saving time and gaining efficiencies.
These updates to bills are being rolled out gradually, so if you’re an accountant or bookkeeper, or a small business owner using Xero for more than one organisation, you may notice that one of your clients or organisations has access to one or all of these updates while another may not.
By the end of the year, the following enhancements will be available on all business edition Xero plans.
Bill upload
Soon, you’ll be able to easily add bills to Xero by uploading a file, or by dragging and dropping a file from your desktop. Xero will create draft bills with key details entered and the source document attached for you to approve. This is a great time saver for creating multiple bills at once; however, if you prefer our existing options (Hubdoc or email to bills) these options will still be available as well.
Duplicate detection
A new duplicate detection feature means you’ll receive alerts when duplicate bills are detected, regardless of how the bill was created in Xero. This will reduce the risk of accidentally paying the same supplier twice, giving you peace of mind that your accounts payable figures are accurate.
Quick view
No more clicking through individual bills or juggling multiple tabs: quick view functionality will let you view and approve bills directly from the quick view screen. It’s a simpler, more efficient way to stay on top of your payables, especially for businesses that pay a lot of bills each month.
We’re excited to bring you these enhancements and help you and your clients simplify the accounts payable process and save time on everyday administration tasks.
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