Translucent

🚀 Unreconciled Bank Statements on Bookkeeping audit 🚀 Now you can view the amount and value of unreconciled bank statement transactions across your group, making it easier to identify bookkeeping issues and outstanding work. 🔹 Count: view the total number of unreconciled bank statement items across your group 🔹 Value: view the total amount that is unreconciled in your bank statement at the entity and group level. Click here to know more 👉 https://shorturl.at/FVJzN #MultiEntity #BookkeepingAudit #SomethingNewEveryWeek

Are Tracking Categories helping or hurting your group reporting? Discover how our new Tracking Category Audit tool can help you to spot and solve issues with Tracking Categories across all of your entities 👇 Did we mention that it's free to use? https://lnkd.in/ePX5dSTm #TrackingCategories #Xero #MultiEntity

🚀 Multi-Entity Search - Journal Descriptions🚀 We have added journal line descriptions to our Multi-Entity Search feature. 🔹Enhanced Group Search: View your multi-entity data in one place and review the journal line descriptions. 🔹Export to Excel: Export your journal descriptions to Excel to share with stakeholders. We make the process fast and save you time combining multiple data sources. Click here to know more 👉 https://shorturl.at/MniUQ #MultiEntity #TrackingCategory #SomethingNewEveryWeek

What is Data Dimensions? Hear from Founder & CEO, Michael Wood, about how Data Dimensions gives multi-entity businesses using Xero 6 additional Tracking Categories across your group. Learn more about it here https://lnkd.in/d6fcNjEn #TrackingCategories #Xero #TranslucentLaunchEvent

🚀 Group AP and AR now available for QBO 🚀 We’ve added QBO support to our Group AP and AR workflows! You’ve always been able to manage your Group AP and AR from Xero - now you can do the same with QBO! 🔹 Consolidation: Manage your group Accounts Payable and Receivable in one place regardless if their source is Xero or QBO. 🔹 Save time: Navigate easily and access detailed transactions information faster with drill downs and links back to the accounting source. Click here to know more 👉 https://shorturl.at/BInuw #MultiEntity #Consolidation #SomethingNewEveryWeek

Is your Data Model solving problems or creating them? 🤔 For multi-entity businesses using Xero, the answer is often the latter. Here's why your Data Model matters. 👇 #TranslucentLaunchEvent #Xero #DataModel

🚀 Data Dimensions 🚀 We’re thrilled to announce the launch of our new Data Dimensions App! With this feature, you can extend your Xero Tracking Categories by creating another 6 Dimensions, going beyond the 2 offered in Xero. Create more Dimensions and get greater insights into your financial data. 🔹 Expand Tracking Category Limits: Add up to 6 new Dimensions, each with 250 Options to organise your Group data. 🔹Automate tagging Data Dimensions: Use our rules engineer to automatically tag transactions and apply it to future transactions. You’ll no longer need to manually tag each transaction. 🔹 Better Insights: Quickly visualise your Dimensions across the group and see how they are applied across your entities. View your Dimensions in Group Reporting to understand business performance. Click here to know more 👉 https://shorturl.at/SwFJM #MultiEntity #TrackingCategory #SomethingNewEveryWeek

🚀 Post FX Revaluations on your Intercompany Loan Accounts Directly from Translucent 🚀 We’re excited to introduce a new feature that simplifies your FX revaluation process. You can now post FX revaluations from the IC Reconciliation workflow directly into your accounting source to ensure your multi currency loan accounts are always revalued and balanced. 🔹 Automated revaluations: Translucent automatically revalues your intercompany loan accounts, saving you the hassle of manual recalculations. 🔹 Pre-populated FX journals: With a couple of clicks you can post FX revaluations directly into the borrowing entity’s loan accounts. 🔹 Ensure easy multi-currency loan balancing: Quickly and easily keep your intercompany loan accounts reconciled and up-to-date at every reporting period Click here to know more 👉 https://shorturl.at/4ON7y #MultiEntity #Intercompany #SomethingNewEveryWeek

In case you missed it - huge announcements at the #TranslucentLaunchEvent last week 👇 3 new tools to help improve the accuracy and reliability of data in your #MultiEntity business and further extend the capabilities of Xero… 1️⃣ Tracking Category Audit - Spot & solve issues with Tracking Categories across all of your entities 2️⃣ Data Dimensions - Get 6 additional Tracking Categories across your group 3️⃣ Permissions - Get the controls you need for your financial data! You can learn more about each of these tools on our blog here 👉 https://lnkd.in/gwfkSzNj #Xero #TranslucentLaunchEvent

What is the #1 reason for leaving Xero cited by businesses that have migrated to an ERP? It might not be what you think… 👇 The limited number of Tracking Categories. Xero enables 4 Tracking Categories, but only 2 can be active at any one time. This means that a business effectively has 2 Tracking Categories, with each limited to 100 Options. For some businesses, this isn’t enough… That’s why we’ve launched Data Dimensions - to give multi-entity businesses 6 additional Tracking Categories across your group. Like Tracking Categories, you can use them however you wish and personalise as you require. Each Data Dimension comes with up to 250 Options. This allows you to do much more with your data! Your group can now segment your data by ‘Branch’ and ‘Cost Centre’ and ‘Product’ and ‘Project’ and ‘Geo’ and ‘Customer Type’ and whatever else you need! Learn more about Data Dimensions and how to access additional Tracking Categories here 👉 https://lnkd.in/dM2WFtQz #TranslucentLaunchEvent #Xero #TrackingCategories