Release notes: updates to Xero on 2 March 2015

Here's a summary of what we've released:

Cheques for Canada

Cheques in Xero are rolling further north to Canada, allowing businesses there to more easily account for cheque payments.
Cheque payments

Quickly create a quote or purchase order from within your contact’s record

You can now quickly create a quote or purchase order while you’re in your contact’s record.
Create a quote or purchase order for this contact

Set a default expiry date for your quotes

If you usually send out quotes with the same expiry period, you can now set up a default quote expiry date which will automatically populate when you create a quote. You can override this if you need to when you create a quote.
How to set up a default expiry date for quotes

Image showing selection of default date for quote.

Transfer & add another

Do you make a lot of bank transfers for items like credit card payments? You can now more quickly add multiple transfers.

More updates to our new reports

If you haven't had a chance yet, make sure you check out our brand new reports. We're regularly adding reports and making updates so be sure to have a play.
Run one of the new reports

Today, in the US, we’ve renamed Profit and Loss to the more appropriate ‘Income Statement’ and Movements in Equity to ‘Statement of Owners' Equity’. In the UK, the Movements in Equity report has been renamed ‘Statement of Changes in Equity’.

Default report layouts have also changed - for example, the fixed asset layout in the UK Balance Sheet. Remember, you can change the layouts to suit your organisation.