Enter your idea

if a client runs their tax year up to 5th April, and not 31st March. You should be able to select the 5th April but you can only do the last date of March which is incorrect.

An option should be added in Xero settings, company settings, to manually enter the start date (at the moment you can only enter the end year date)

There should be an option to extend the settlement period manually in the balance sheet to generate a report.

When a company changes status to limited in the middle of the month, the first settlement period is extended by that half of the month (e.g company start January 18, 2023, end January 31, 2024), the balance sheet should show the settlement on these dates (and not from February 1, 2023 to January 31, 2024).

Not always possible to do a conversion at the end of the month. Need to be able to do a conversion balance at a date of a customers choosing. This should be possible to do in Xero.

I agree with other comments. It makes no sense to limit conversion dates to end of month. And surely it would not be that difficult for XERO to allow for this?

Due to the fact that HMRC in the UK have changed the tax year for sole traders and partnerships to run with Tax Returns i.e. from 6th April to 5th April then it would be very helpful to be able to input conversion balances on the specific date to tie in with this.

If and when I transfer all the accounts i look after over to Xero i have the majority as 5th April year ends. I do not appreciate being asked to enter data that does not tie up with previous years accounts.

When changing from sole trader to a company business structure. I wanted to enter the conversion balance for a credit card. However, Xero only allows the balance to entered at the end of month, e.g.. 30-Sep-22. It seems.I cannot use the actual statement data which is 04-Oct-22, for a "clean" change over. Pointless inflexibility that creates more work.

to be able to use 5th april as conversion date