What’s New in Xero – November 2024

Welcome to our latest roundup of updates in Xero. Over the past two months, we’ve introduced features designed to save time, reduce errors, and provide greater flexibility for businesses and advisors. Let’s explore what’s new and how these updates can enhance your workflow.

Global Updates

Client Insights in Xero HQ and Practice Manager

Xero partners now have access to the client insights screen in Xero HQ, with Xero Practice Manager integration on the way. This tool provides a snapshot of financial data for all business edition clients, helping you identify those who could benefit from advisory support or a timely discussion about their finances.

Xero Accounting App Enhancements

• Users can now search, sort, and filter bank statement lines during the reconciliation process, making it easier to manage finances on the go.
• Sharing invoices has been simplified for iPhone users. You can now send invoices via apps like Messages or WhatsApp with just a few taps, improving efficiency when you’re out and about.

Inventory Management Improvements

• New filtering options in Xero Inventory allow you to distinguish between tracked and untracked items, and you can apply these filters to exports.
• Exported files now include quantities, and you can customise columns and save these as default views. These updates make it more efficient to manage stock levels and ensure you have what you need on hand.

Report Layout Editor

A new preview panel in the report layout editor helps you fine-tune report formats with ease, reducing the effort needed to customise your layouts.

Duplicate Bill Detection

This eagerly anticipated feature alerts you to potential duplicate bills, regardless of how they were created, reducing overpayment risks and helping to avoid mistakes.

Streamlined Bill Reviews

A new quick-view option lets you view and approve bills directly from a single screen, saving time and eliminating the need to switch between multiple tabs.

Updates for New Zealand, UK, and Australia

Payment Checkout Without Invoices

Businesses can now create payment links to accept payments without needing to generate invoices. Simply share a payment link with your customers, track payments, and get paid quickly. No setup is required, but you’ll need to connect with a provider like Stripe, GoCardless, or PayPal.

These updates reflect Xero’s dedication to helping businesses and advisors succeed. Whether you’re improving inventory management, streamlining payment processes, or avoiding duplicate payments, these new features make it easier to run your business smoothly.