Saturday 27th February 2021

Top Tips

Lena’s Top Tip

Recoding miscoding – Xero makes it easy!

So, you’re beavering away, chuffed to bits at how organised you are by getting your figures in order ahead of time… and suddenly your heart stops. What’s that entry doing there? That shouldn’t be coded as ‘travel expenses’! And nor should that one… or that one… Your mouth goes dry as you realise you’ve miscoded quite a few transactions.

Well, worry not! Find and Recode is here for you.

From the Navigation Bar at the top, simply go to Accounting > Find and Recode.

You can filter the transactions you are looking for based on various conditions, e.g. bank account, account number, type of transaction etc., and you can then select as many transactions as required before you hit the recode button to your left.

You’ll then be given the option to recode the three main elements of a transaction; Contact Name, Account and VAT Rate.

Simply change as appropriate, press review, and that’s it; your transactions will now be exactly where you want them to be.

That’s not just saving a huge amount of time… that’s using Xero to its full potential!

Read more from this issue...

From the Business Godparent

Welcome to the 1st edition of The Business Godparent

Welcome to the 1st edition of The Business Godparent. A publication that aims to provide business owners with valuable updates, useful tips, guidance on technology, and friendly support.

Continue reading…
From the Business Godparent

About Roger – The Business Godparent

Essendon was set up by Roger Eddowes in 2014, and he swiftly made a point of expanding the skills, knowledge, and expertise of the practice to ensure businesses are fully catered for with respect to their accounting needs.

Continue reading…
Making Tax Digital

Making tax digital… go for it

We’d like to introduce you to a particular area of expertise we offer to investors in property.

Continue reading…
Property

Essendon Property Partners

We’d like to introduce you to a particular area of expertise we offer to investors in property.

Continue reading…
Red Sofa Interviews

Sam Poole Mum 2 Mum

Our first Red Sofa interview with
Mum 2 Mum founder Sam Poole.

Continue reading…
Top Tips

Top ten hilarious expense claims

Our top ten list of misguided
expense claims. Some are real
corkers!

Continue reading…