Reporting - GST inclusive/exclusive
Would be really helpful if reports in Xero just stated whether the figures are GST-inclusive or exclusive.
For example, the dashboard includes the total of unpaid invoices (which are GST-inclusive), but the Profit & Loss by month figures are GST-exclusive. I take figures from Xero and use in spreadsheets and it would assist to be clear about the GST status of figure used.
Tim Kelly
shared this idea
Hi Tim, appreciate wanting more of an indication if a report is contains GST.
Although I've shared your feedback I want to be open that we don't have plans for direct change in the product, however I've also shared your feedback with our Content team to see if there are updates that could be made to our help articles on Xero Central to make this clearer.
Financial reports have a specific structure such as the Profit & Loss figures which doesn't show GST at all because it's not part of the business' revenue or expenses, it's something only shown in the Balance sheet as a balance in the GST account under liabilities.
For other reports in Xero like Payable and Receivables Invoice Summary and Detail reports we show (ex) and (inc) in the different columns, we also provide options to show Net, GST and Gross amounts separately, so it's a bit more clear.