I have been a bit distracted this week with a couple of large new clients coming on board, so only now getting back to my wish list.

My next wish list item is really quite minor, and is driven not so much by the time saving (although that does add up) but by the consistency it gives to your accounts.  With consistent data going into your accounts you can generate meaningful information out of your accounts – and meaningful information gives you a critical advantage over your competitors.

One of the great features of Xero is that you can give your suppliers a “Xero key” so that their invoices to you can push straight into your Xero database, no need to rekey them.  They come in as draft so that you get to review and approve them (of course), but one thing is missing – the General Ledger code to allocate the expense to.  This is very often (although not always) the same code for any given supplier, so wouldn’t it be good if when I provide my supplier my Xero key I can also attach to it a default GL code?  When the invoice reads into my Xero file it is pre-coded, and of course if I do want to change it I can do so prior to approving the invoice.