Xero Blog

The new year is bringing Hubdoc and Xero even closer together. You’re now able to navigate directly from Hubdoc to the corresponding transaction in Xero to streamline your workflow.  All documents published to Xero from Hubdoc have a link in Hubdoc under the ‘publish details’ that allows you to click directly through to the transaction in Xero from the published document in Hubdoc.

I’m delighted to announce that Xero has integrated with the South African Revenue Service (SARS), to launch a VAT eFiling beta. The closed beta is live now, with general release set for Q1 2021 when all Xero small business and accounting customers will be able to eFile directly with SARS.

The end of the Brexit transition period is almost here. From 1 January 2021, controls will be placed on the movement of goods between the UK and the EU. This means there won’t be any difference in the VAT treatment of imported goods from European countries and the rest of the world.

We’re excited to announce a new feature in Hubdoc called duplicate document detection. It’s available from today for anyone with a Hubdoc organisation. If a document has the same supplier, date and amount as a document already uploaded, Hubdoc will automatically highlight the duplicate and notify you that a duplicate has been detected.

At Xero, we’re always looking for ways to help you spend less time on manual, repetitive tasks like data entry and more time growing your business. I recently had a virtual chat with Kendra Vant, EGM Data, to discuss some of the new developments in machine learning, and how they’ll benefit you.

It’s been a difficult year for many small businesses in the UK. They have had to contend with challenges around COVID-19 as well as uncertainties associated with Brexit. And that’s before we take into account upcoming changes to Making Tax Digital (MTD).

Since the integration of Hubdoc into Xero earlier this year, our teams have focused on two key areas: improving the current Hubdoc technology and integration, and using the technology to automate other parts of our platform. 

Coming soon – customise chart of accounts templates for your region to suit your practice and your customers.  This functionality will be available to our partners in the following countries where, earlier this year, we released regional chart of accounts templates: Australia, New Zealand, United States, Canada, United Kingdom, Singapore, and South Africa.

We hope you enjoyed Xero On Air last month and are excited about all the product announcements we rolled out to customers and partners. If you’re an accountant or bookkeeper, don’t forget to keep an eye on our practice tools value map to see what’s available now and what’s coming soon.