Profit and Loss - appropriation report
Ability to generate Profit and Loss appropriation reports in Xero.
Purpose: Users can see figures of profit for a year, income tax expense, dividends paid, retained earnings from prior year.
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Veronica Bruce commented
I am adviser and have the appropriation report which works fine. However, the dividends and transfers between reserves is also showing in the profit and loss (as well as the Appropriation Account) which puts the profit and loss out and I cannot seem to delete them from the profit and loss.
Any suggestions
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Charles Senescall commented
David says it all on 15 May. Absolutely fundamental. At the moment Xero cannot produce compliant financials so our workflow is to use other software for the reports which is time-consuming. It would be great to be able to get a reasonable set of management financials direct from Xero.
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David Johnston commented
This is a fundamental report for a company and should be available.It is vital and is a mandatory account for all companies.