Feature Ideas

Problem: o Xenett does not recognize transaction type: Journal Entry. o When we perform the 1099 review (on a quarterly basis) none of the contractor payments from payroll JEs appear in Xenett’s reporting. o To compensate, staff must: . Download Transactions details data to Excel . Build pivot tables to isolate contractor payments . Manual update spreadsheets for review Impact: • Increased manual workload: Quarterly 1099 reviews require downloading payroll JEs, pivoting, and reconciling outside of Xenett. • Consistency risk: Every quarter, a new Excel file is created for the review. This makes the process vulnerable to differences from file to file and preparer to preparer (filters, formulas, formatting). • Higher error risk: Manual pivot tables and spreadsheet updates raise the chance of missed or duplicated transactions. • Compliance risk: Excluded contractor payments could cause underreporting on 1099s, exposing clients to IRS penalties. • Inefficiency: Reviews take longer and depend heavily on staff Excel skills, reducing scalability.

When someone starts working on a monthly close, have the status automatically switch to "In Progress". Thanks

Currently if Xenett suggest findings in Financials Review tab there isn't a way to clear off the findings if the suggestion is not correct. Maybe a check mark similar to the review points tab to tell it that the findings are okay as is.

At present, the client's comments can be added to the transaction memo directly in QuickBooks individually but the option to add them in bulk will be great.

Accountants frequently receive requests via email creating duplicate work to incorporate those requests into the task management portion of Xenett.

It would be good if a user on a client file could archive or hide old comments and notes on each account, even if someone else wrote them.

We should be able to have a way to clear mentions or resolved chats after they are completed. Mentions stay in the mention part forever. Those need a way to get rid of them. The resolved chats still show up on that comment line. They need to go away or STAY with that project when it is completed.

Anyone who manages receipts for clients would benefit rather than having to use hubdoc or a similar service. If the clients could easily upload them into their portal, they could be stored in a receipt folder where we could add tags to them and attach them to a corresponding expense.

Utilize the Review Checklist to build out a Tie Out Workbook. Balance Sheet followed by reference tabs for each line item with proof documents. Example - bank & credit card stmts, lease documents for security deposit receivable, fixed asset purchase docs, loan docs, etc. Basically each line item links to a subsequent tab with the relevant proof that ties out. Followed by P&L with related tabs and then General Ledger at the end. Also P&L by Class/Location, Stmt of Cash Flows, KPI Dashboard page. A living document that rolls each month to house all kinds of related information, documents, etc. Basically it's auditable and 100% ready for tax.

We have multiple related companies that have inter-company balances (due to/due from). It would be really great to have a screen where we could see the accounts side by side for each client. For example, we'd see the "Due To" from one set of books next to the "Due From" from the other company books. All the info should already be in Xenett since both companies are linked.

Sometimes email notifications have delay, We noticed that when someone messages us through the portal we won't get notified until 30 mins - 1 hr later. Also, there is no sound when notification comes through. Sometimes we open lots of windows that it's hard to find the xenett website. I suggest there is an option to download desktop app for windows/mac so we can easily pin the xenett app in the taskbar and will also have option to get notification with sound like a ding or something and there is also an option to mute it. It would also be helpful to see the number of notifications if notification is enabled in the desktop app something like slack, please see attached screenshot. Thanks!

It would be nice if I press the button to run the AI review, since the accuracy depends on a full sync being done that it will automatically trigger the sync

Hi Xenett, We want for Xennett's "Financial Review" screen to be accessible by our clients in the client portal. During the month-end close process, we reconcile/substantiate each balance sheet account. Then we upload supporting documentation to every Balance Sheet account. Then we write notes to the client if applicable, about every Balance Sheet account. We want our client to see all of this. Every account balance, every uploaded supporting doc, every note. And we want them to be able to add their own comments. We do not need the other screens available on the client portal; we are just waiting until this functionality is available. We have a few trusted clients that we are inviting as an accountant user to log in like us just so that they can navigate to the "Financial Review" screen to access this info. We need this in the portal instead. We asked Hardick about this at Scaling New Heights and he said it is coming out by end of year. Can you please confirm? Thank you! Laura

I would like reports to be able to show the previous 3 months so we can compare on the P&L and BS

Right now we have to fill in the blanks as to where the vendor has to upload the w-9 to. In keeper, they were able to upload it right when we asked it would upload to keeper itself as well as sent us an email telling us the vendor uploaded their W-9. This would be more beneficial and helpful so we are not chasing squirl and trying to find a place for the vendor to upload it.