Hello, not sure if this specific issue has been addressed yet. I'm an accountant in business and we have 21 Xero large limited company accounts (and growing) and a web-like group structure. We integrate with IRIS accounts production for stat accounts, and set a 9 or 14 month accounting period in Iris. When exporting from Xero to IRIS, IRIS sets the API to match Xero's year-end date, but given Xero cannot have accounting periods <12 months, we get 12 months of TB data come through into IRIS. We then have to manually adjust 21 companies for the 3 month double-count and i anticipate this will take me weeks, these are companies with complex balance sheets.
If Xero could allow us to create <12m accounting periods, all problems would be solved and you would save me weeks of work and a lot of agony explain to stat auditors that our ERP can't comply with the companies act 2006!
Similarly, long accounting periods are not properly picked up in the Xero API, it defaults back to 1 year, which causes issues with the retained earnings balances being exported to 3rd parties. I hope this can be addressed
Damien Pantling supported this idea ·
Hello, not sure if this specific issue has been addressed yet. I'm an accountant in business and we have 21 Xero large limited company accounts (and growing) and a web-like group structure. We integrate with IRIS accounts production for stat accounts, and set a 9 or 14 month accounting period in Iris. When exporting from Xero to IRIS, IRIS sets the API to match Xero's year-end date, but given Xero cannot have accounting periods <12 months, we get 12 months of TB data come through into IRIS. We then have to manually adjust 21 companies for the 3 month double-count and i anticipate this will take me weeks, these are companies with complex balance sheets.
If Xero could allow us to create <12m accounting periods, all problems would be solved and you would save me weeks of work and a lot of agony explain to stat auditors that our ERP can't comply with the companies act 2006!
Similarly, long accounting periods are not properly picked up in the Xero API, it defaults back to 1 year, which causes issues with the retained earnings balances being exported to 3rd parties. I hope this can be addressed