Xero - beautiful accounting software

Xero Business Community

Xero Business Community

Hi everyone, Come on over to the new discussions in Xero Central. It’s a more intuitive way to connect and chat all things business with one another. Ask questions, dish out answers, and get involved.

You can still view topics in the Xero Business Community to see all the useful knowledge that’s been shared there; and you can restart conversations you feel have been of huge value to you on Xero Central.

If you have brilliant ideas for innovations, you can keep on adding feature requests in the Xero Business Community, and voting on existing requests. There’s more in store, as we come up with the best way to take on your thoughts and share developments
Community > Using Xero >

Reconciliation of a single GBP receipt against multi currency sales invoices

Started by Steve Blackmore -   in Using Xero

Stripe is probably now the most commonly used payment platform and with international trade ever increasing this causes reconciliation issues when customers are billed in a foreign currency since Stripe will mingle multi currency payments into a single GBP payout. You can only reconcile that payout against GBP sales invoices + one other currency. So, if there are 5 currencies within a payout you have to record payments against each of those sales invoices one by one and enter an exchange rate (which you also need to calculate) before you can reconcile the GBP value received into the bank. Ability to reconcile against multiple currencies is therefore required.
Thanks for the great detail here, Steve.

I've looped in with one of our specialists on this and it sounds like there maybe something about the way the Stripe feed is set up that's causing this and/or the Xero Subscription you're on. You can raise a case with Support in Xero Central - check out this article for details on this.

We'll close this as a feature request but please do come back and share any useful info for other users 😊

Cassidy H (Community Manager)