Reporting - Percentages with decimals when expenses shown without
Xero allows us to choose whether or not we show decimals in an Income Statement. We believe showing 2-decimal places on revenue and expenses to be unnecessary, but feel it is VERY important to show 2-decimals on the % of revenue. It is better to show .04% than .00% and .05% than 1%. We would like to see Xero separate the option of decimals between numbers verses percentages so our clients can have a clear grasp on their performance.
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wimberley sontravis
commented
Xero’s reporting features allow flexibility in displaying decimals, but when it comes to financial analysis, showing percentages with two decimal places is crucial for accuracy and clarity. While rounding revenue and expenses to whole numbers is often sufficient, percentages of revenue, such as profit margins or expense ratios, can be misleading if not precise — for example, .04% versus .00% or .05% versus 1%. Separating decimal display options for numbers and percentages would give clients a clearer understanding of their performance and financial health. For professionals managing owner operator jobs or small trucking businesses, precise financial reporting can be especially important in tracking profitability and operational efficiency — more details and resources can be found at Owner Operator Jobs US https://owneroperatorjobs.co/.
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Neville Reid
commented
A lot of report-formatting requests could be met by an option to upload an Excel template file for a specific report.
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Jim Kokenge
commented
Seems like a simple fix if you add a second option for percentages.
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Jim Kokenge
commented
Xero allows us to choose whether or not we show decimals in an Income Statement. We believe showing 2-decimal places on revenue and expenses (aka dolllars) to be unnecessary, but feel it is VERY important to show 2-decimals on the % of revenue. It is better to show .04% as such, than 0% and .05% than 1%. We would like to see Xero separate the option of choosing decimals between numbers verses percentages so our clients can have a clear grasp of the performance.
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Baker Tilly
commented
The ability to show decimal places on one section of a report would be great. For example, to calculate a separate line on a profit and loss report and show a contribution % on it. The main report would show no decimal places, but the line showing the % would show, for example 45.5%. Would need the ability to choose how many decimal places (0, 1, 2, 3 to get 46%, 45.5%, 45.52%, 45.522%, etc)