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For small businesses: Accounting features

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Run IAS without GST accounting method

Currently there’s no functionality in Xero to run an IAS without the GST Accounting Method set up.
Suggest a feature request that allows you to prepare the activity statement regardless of the entity being registered for GST or not.

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Bernadette Howard shared this idea  ·   ·  Report…  ·  Admin →
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  • Sonja Tuffin commented  ·   ·  Report

    I believe there should be a way to set it up without GST simply because the client does not need to register for GST at the moment, I am also assuming that his P/L will be the net amounts too which is incorrect for the client, Xero should be able to provide this function, although the plus side is, now in Xero Tax the IAS is automatically populated from the ATO because of their update regarding STP. So I guess we no longer need it to import into Xero Tax.