You can unlimited budgets in Xero as per your requirement. Budget (Excluding overall budget) can be deleted via delete button on left corner if you do not need in future. How to analyse Xero Budget via Xero Reports:.
While writing we ran into the inquiry “Is it possible to total up all the sub-budgets in Xero?”.
Xero should have the ablity to total up all the sub-budgets and show as one figure as a total budget. Please implement this not possible to use the “new reports” workaround if you want to see the monthly parent budget and have many many tracking category options.
At the moment we are having to use excel for the majority of our budgeting function as Xero cannot cope with more than 1 tracking category. This should be considered part of the core functionality. Also having the child budgets roll up into the parent budget is just common sense.
Surely basic budgeting functionality (and ability to roll up budgets is basic) to enable accurate and simple to use income/cost control is more important than a new version of a financial report as Xero currently does have all basic financial reports. Xero, please lets get all basics in place before adding nice to have reporting functionality!
How to do a refund in xero?
Enter refund details on the credit note. This creates a bank transaction in Xero to reconcile against the statement line for the refund paid. In the Business menu, select Invoices. Open the credit note you want to refund. Scroll down to Make a cash refund and complete the payment fields.
In Xero there is no way to achieve this from a paid Sales Invoice – you need to go back to the Sales home page and click on Add Credit Note. Once you have created the credit note and allocated it to the correct contact you can enter the refund details at the bottom which will create the payment in the bank/payments account.
How can I use Xero for my business?
Get your Xero organisation set up and running how you need it to. Use the dashboard to keep an eye on your business. Customise Xero’s settings and chart of accounts to best suit your business.
Just creative a program that add on tracking budget and allocate to the overall budget. I think Xero mentality of trying to get business from small business with only one department or two, is lack of strategic vision. Xero really needs a few old experienced accountant in their reporting development department.
How can I get help with Xero?
You can book a live remote Xero support session with me or self-paced Xero training for a very reasonable price. I have a similar problem but I can’t work out if using the above method will work in my case. I paid a deposit on a hire item of £75 which came out of my bank account.
This Xero course includes nearly all that you need to learn to operate Xero accounting accurately and efficiently. If you have any questions regarding the course, I will answer them during or after the course. Anyone who wants to learn Xero in full. You will learn from beginning and get you way in and out in Xero.
Can you learn Xero in a day?
This LEARN XERO IN A DAY Course will take you from beginner level to knowing your way around and being comfortable using Xero in just a day. In the video lessons I show you step by step how everything is done in Xero. You can watch the videos, then follow what I have shown you, always having the option to refer back to the videos at any time.
Log in to Xero Central. Select the Learning tab, then click Choose a learning programme. Choose the certification, then click Register. Under Online courses, select a course, then click on a lesson to start. Select a course to open it and you’ll see the individual lessons.
How do I get Xero University certification?
Xero certification takes place over a series of seminars and requires 40 Xero University credits for the initial certification. XU credits are similar to college or CPE credits, and you’ll generate them from a variety of classes offered by Xero. For the first time around, you’ll need a mix of core classes and elective credits for certification.
When do I get redirected to Xero product ideas?
You’ll be automatically redirected to Xero Product Ideas from 5 April onwards. We look forward to seeing you there soon! How do I add a refund to a bill when the refund was received about 2 weeks later.
What’s happening to the Xero feedback page?
It’ll still be the home for all your thoughts, feedback and ideas on changes you’d like to see at Xero – but with some exciting changes. The site will have a refreshed, modern design with a larger range of topics to share your ideas on – and a new unlimited voting system!