From XU Magazine, 
Online News

Get ready for a breakthrough in accounting technology with Dual Mapping in General Ledger

January 25, 2024

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:

We’re thrilled to have launched the first element of our latest powerful element within MyWorkpapers General Ledger feature – the revolutionary dual Chart of Accounts (COA).

In our latest update, the Chart of Accounts has been added to the edit accounting structure page, allowing users to view the chart of accounts being used as well as edit the chart of accounts, therefore, updating the description within the trial balance.

With the full launch of dual mapping just around the corner, we can’t wait to demonstrate how this cutting cutting-edge update will allow seamless importation from your bookkeeping system or other sources – allowing MyWorkpapers to perfectly align with the Accounts Production software in your practice.

MyWorkpapers General Ledger will then be capable of maintaining this dual COA mapping, offering unmatched transparency and ease in managing adjustments.

What’s more, our system will smartly isolate transactions relevant to your client’s financial period, ensuring that your data remains exclusively yours.

If your client opts for a different bookkeeping system in the future, then MyWorkpapers can serve as a secure historical record with a full backup of all your essential data.

We’re committed to ensuring that you retain full control and security of your data, free from external interference within our platform.

Want to learn more?

Speak to our team today to find out how this and our many other features can streamline your practice.

Why leave it there?

To find out more about MyWorkpapers

Straight to your inbox

Subscribe to our newsletter for updates as they happen
We hate spam too. We NEVER sell our mailing list.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.