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A Simple EOFY Report for Contractor Payments - to include Income Payg and Super + contractors details + email (for mail merge) all in one report
I see Xero are in the process of updating reports... Im yet to see an upgrade on contractor reporting, between XERO and the ATO, im sure these clever people can come up with something more efficient. I finally have got Recipient created tax invoices flowing (still could be better if POs worked as well as Bills do in XERO - another idea here) EOFY reports to Contractors and the ATO is very time consuming, first pulling the info from XERO - alot of filtering then adding contractor emails in manually to mail merge and send to the contractor, then having to hand write all contractor details (who paid PAYG) again onto a form from the dark ages for the ATO. XERO and the ATO could work together to make it possible to submit this all via XERO.
With over 600 contractors, asking me for a summary at the end of the year is not viable with XERO as it is now, so we only provide them to those who have paid tax.