--- title: Xero Update – Q2, 2023 description: New Xero features mean new opportunities for business leaders to gain efficiencies and take a deeper dive into their company’s finances. image: https://blog.shorts.uk.com/hubfs/genus-xero.jpg --- [![Shorts_logo_White](https://blog.shorts.uk.com/hubfs/New%20Site%202018/Shorts_logo_White.svg "Shorts_logo_White")](https://www.shorts.uk.com/) [Blogs & News](https://blog.shorts.uk.com/) > [Xero](https://blog.shorts.uk.com/topic/xero) # Xero Update – Q2, 2023 Alicia Williams - 25 May 2023 ###### Select topic - Please Select - [ Audit ](https://blog.shorts.uk.com/topic/audit) [ Business Taxes ](https://blog.shorts.uk.com/topic/business-taxes) [ Radius – R&D Tax Relief & Patent Box ](https://blog.shorts.uk.com/topic/radius-rd-tax-relief-patent-box) [ Corporate Finance ](https://blog.shorts.uk.com/topic/corporate-finance) [ GENUS Management Accounts ](https://blog.shorts.uk.com/topic/genus-management-accounts) [ VAT ](https://blog.shorts.uk.com/topic/vat) [ Private Client ](https://blog.shorts.uk.com/topic/private-client) [ Payroll ](https://blog.shorts.uk.com/topic/payroll) [ EOT ](https://blog.shorts.uk.com/topic/eot) [ International Taxes ](https://blog.shorts.uk.com/topic/international-taxes) ![featured image](https://blog.shorts.uk.com/hubfs/genus-xero.jpg) As a Xero Platinum Partner and one of the top 2% of Xero partners in the UK for clients and certified advisors, the Genus team at Shorts prioritise keeping up to date with changes and improvements with [Xero](https://www.shorts.uk.com/xero/). **New features mean new opportunities** for business leaders to gain efficiencies and dive deeper into their company’s finances. Xero recently released their 2023 Q2 product update, and here are our top five updates: ## Foreign Currency Reporting View the Balance Sheet, Profit and Loss, and Budget Variance reports in any currency enabled in your company’s Xero. Through a simple click of a menu at the top of each report, **translate your financial reports to a different currency** – ideal for any multinational company or group. ## Contacts – Add a Note You can now **add notes to your contacts** – simply “Edit” the contact and write anything you like! These notes will only be visible for users of your Xero (so your contacts won’t be able to see all the nice things you’ve written about them!). ## Journal Report The journal report has been updated with **additional customisation and filters** to help you display specific journals. The old version only lets you filter by date, whereas the new version allows filtering by date, account, description, journal ID and many more! ## Bank Memory Users of Xero’s bank reconciliation will be familiar with Xero’s ability to “remember” where transactions using the ‘Create’ tab have been posted previously, and suggest them again in the future. This convenient feature has now had a useful update - when you complete details for a transaction, Xero now automatically populates similar transactions with the same details **without** **you needing to refresh the screen**. ## Help Menu Users who may want to keep the help menu open more often can now choose exactly where it sits, and how big it is, and are able to use the full functionality of scrolling through Xero whilst the menu remains open. Gone are the days of opening and closing the help menu if it gets in the way! ## Not yet on Xero? Get in touch! The Genus team at Shorts have worked with businesses big and small across a wide range of industries, helping them [maximise the benefits of using Xero](https://blog.shorts.uk.com/xero-for-small-business-essential-tips). The help we can offer includes a full initial set-up of Xero, Xero utilisation reviews for companies that already use it, training for staff, and regular Xero support packages, including quarterly checks and the latest app recommendations. If you are considering Xero for your business - whether you’re just starting out or would like to switch from another platform - [book a free consultation with us today and let’s get started!](https://www.shorts.uk.com/genus/) ![author](https://blog.shorts.uk.com/hubfs/Alicia%20williams-1.jpg) #### Alicia Williams I am Partner of the Genus team at Shorts, a chartered certified accountant and Xero specialist. I specialise in cloud-based accounting solutions, particularly Xero and add-on software, helping clients streamline processes and improve efficiency. As a Client FD, I work closely with businesses to give them a clear understanding of their current position and support their long-term planning and growth. [View my articles](https://blog.shorts.uk.com/author/alicia-williams) Tags: [Xero](https://blog.shorts.uk.com/topic/xero), [GENUS Management Accounts](https://blog.shorts.uk.com/topic/genus-management-accounts) Share this on - - - [Questions? Get in touch with us](https://www.shorts.uk.com/contact/) ###### Tax Saving Guide 2026-27 Written especially for entrepreneurs and owner-managed businesses, this guide is full of planning ideas and tax risks to avoid. [ Download now ](https://info.shorts.uk.com/en-gb/tax-saving-guide) ![Tax saving guide 2026-27](https://blog.shorts.uk.com/hs-fs/hubfs/Tax%20saving%20guide%202024.jpg?width=375&height=465&name=Tax%20saving%20guide%202024.jpg) ###### Related articles ##### [How to pay bills directly from Xero - New](https://blog.shorts.uk.com/how-to-pay-bills-directly-from-xero-new) ##### [Cashless Charity Donations – Making it work for you](https://blog.shorts.uk.com/cashless-charity-donations-making-it-work-for-you) ##### [The future of remote working in your business](https://blog.shorts.uk.com/the-future-of-remote-working) ##### [Shorts at Xerocon 2024 - What we learned](https://blog.shorts.uk.com/shorts-at-xerocon-2024) ###### Latest articles [Should UK business owners reconsider exit timing?](https://blog.shorts.uk.com/uk-business-owners-reconsider-exit-timing) [Xerocon 2026: Innovation, inspiration and a look at the future](https://blog.shorts.uk.com/xerocon-2026-innovation-inspiration-and-a-look-at-the-future) [Salary sacrifice pension changes 2029: what you need to know](https://blog.shorts.uk.com/salary-sacrifice-pension-changes-2029) [How to separate a business through a demerger](https://blog.shorts.uk.com/how-to-separate-a-business-through-a-demerger) [A case of aggressive tax avoidance: Glasgow Rangers Football Club](https://blog.shorts.uk.com/aggressive-tax-avoidance-affect-you) [What is VAT? - Complete Guide (Updated for 2025/26)](https://blog.shorts.uk.com/what-is-vat) [Ashgate Hospice Sparkle Night Walk 2026](https://blog.shorts.uk.com/ashgate-hospice-sparkle-night-walk-2026) [Stocktaking guide for UK businesses](https://blog.shorts.uk.com/stocktaking-guide-for-uk-businesses) [Supporting the Chatsworth Cascade for future generations](https://blog.shorts.uk.com/supporting-the-chatsworth-cascade-for-future-generations) [Deal of the Year win at Insider Dealmakers Awards 2026](https://blog.shorts.uk.com/deal-of-the-year-win-at-insider-dealmakers-awards-2026) #### About Us Use this little footer to reinforce your message about who you are and why people love working with you. 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