Balance Sheet Movement in Custom Reports
Hey - when making a custom report it would be really useful to be able to show the movement in balance sheet codes. For example, when preparing our month end summary we can't bring in the capitalised wages cost automatically because it brings in the cumulative balance, rather than the balance for the period. To be honest it's crazy to me that this doesn't exist, but would be great if it could!
Ryan Powell-Cullingford
shared this idea
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Daniel Bland
commented
There are third-party tools - like RecHound - that can help do what you are asking for your month-end processes.
Quick video here highlighting the features:
https://www.rechound.com/video-demoIf you like it, you can link it to your Xero and start a free non-obligation trial here:
https://app.rechound.com/starttrial -
Hans Nielsen
commented
It would be useful to create truly custom reports than allow for balance sheet and income statement reporting. For example a year-to-date income statement can be structured differently to fit custom reporting needs, but it's not possible to include balance sheet balances or net activity on the same page.