First, congrats to Xero on a universal ‘find’. They’ve introduced a way to search globally for the first time. Yay! While I’ve only used this a few times (it was released yesterday) this brings Xero closer to what Quickbooks does with ctrl+f. The ‘find’ process isn’t as efficient as pressing ‘ctrl-f’…but it now exists. This is a step in the right direction towards functional parity with the current market leader.
The ‘recode’ function is a big step, too. Now you can effectively ‘merge’ accounts (okay, technically, not merge…but effectively move all the transactions out of one account and into another…and then you’d have to archive the old account). The recode process also makes using tracking categories less burdensome. The Xero recode is actually quite like the accountant version reclassify feature in the desktop version of Quickbooks. These new features eliminate the need to edit transactions 1×1 and effectively shave the functional lead that Quickbooks has had over Xero prior to this in this area.
I would be remiss if I did’t mention that some Xero community members were expecting this sooner. However, from my perspective, overall, this is a much needed step forward.