Change in the login URL
Xenett is now accessible through these links. Could you make sure to change your bookmarks?
Changes in the Close Process
Detailed video explaining Xenett 2.0
This video summarizes everything Xenett 2.0 is coming up with.
Changes with the Speed Mode
We introduced new groups for Speed Mode Review Points. All the Speed Mode Review Points are now grouped into four main groups. Currently, these groups are fixes and can't be customized, but they will be available soon.
Transactional Fixes
Close Review Points
Clean-up Items
Customs Review Points
We introduced Blocks that will make the reclassifying transaction experience much smoother. For example, when you go to uncategorized transactions, you can now see different blocks created for each vendor, so you can quickly reclassify the transactions with just a click.
We are now calling Sign-off (for transactions) to Mark them as Reviewed.
The Start and End of the Close Process have moved to a new module called 'Close Mode.'
You won't be able to sign off speed mode review points anymore. You can create Closing To-do and link your speed mode review points. You can then sign off those closing to-dos.
Introduction of To-Do Module
You can manage all your routine tasks, such as Recording transactions from the Bank feed, payroll processing, sending reminders to employees to submit the timesheets, etc., inside the To-do module. You can set the task recurrence, import from the template, set the tags, assign customized fields, and many more.
Introduction of Close Module
Previously, the closing process was limited to Speed Mode review points. However, it has now moved here to this brand-new module Close Mode from Speed Mode. You can now create your Closing To-dos, group them into customized folders, assign the preparer and reviewer, assign the due date, link the checklist, link your SOP, link internal comments, link client questions, review notes, etc.
You can also manage your GL Rec here, linking your working files.
Introduction of Internal Comments Module
You can now ask questions to your team/manager/staff and assign them. The assigned person can easily filter and resolve the comments posted to them.
Improvements in Questions Module/Client Portal
On Questions Module
Accountant users can save the questions in draft mode, which can then be reviewed before publishing it to the client user.
You can now set the tag, privacy, and priority to questions.
On Client Portal
Your clients can now ask questions or send requests to accountants.
Your clients can select multiple transactions and take bulk actions.
Add Other than QuickBooks/Xero File
You can add clients other than QuickBooks Online and Xero.
We'd happily work with you to implement everything for your firm. Also, we'd be happy to train your staff to educate them about the changes and training on new modules. Please use the link below to book the call. Feel free to invite your team.