1464 results found
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Xero Tax (UK) | Prepare sole trader accounts on cash basis
Ability to create sole trader accounts on the cash basis to pull through to tax returns.
6 votesHi Claire, thanks for your interest in this idea. Although we haven't enabled the option to exclude a balance sheet from sole trader accounts within Xero HQ we wanted to share this very exciting update with you. We recently released a direct import of the P&L from Xero onto the self-employment worksheet within Personal Tax, without the need to map the account codes and generate a set of sole trader accounts.
Previously we only supported an import from Sole Trader Accounts to Personal Tax which for some of our partners involved an extra step, particularly for smaller clients who typically only receive Income & Expenditure accounts. We hope by adding this functionality that you will be able to maximise the more flexible reporting capabilities within Xero to produce accounts for sole traders. This new feature is not simply an import either, it also supports cash-basis, allows you to manage the…
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NZ Tax return - Refresh refund bank account from IRD data
Provide the ability to import/refresh the clients refund bank account number held with IRD into the Tax Return. Currently seems like we are having to manually enter it on the tax return. MYOB has this functionality and it's great, saves time and typos.
7 votes -
Xero Tax (UK) | Corporation Tax Payment Details Summary
Our existing tax software has a summary page that is automatically generated and goes alongside the CT600 that includes the payment amount, due date, bank details to use and payment reference. I.e. a perfect 1 page summary to give to the client so they know what to pay.
It would be great if Xero Tax could incorporate this into their solution so that the payment details don't have to be sent to the client separately.6 votes -
AU Tax - Basic tax calculator/estimate
A quick individual tax calculator - just requires taxable income and PAYG to be entered - and the tax, offsets and medicare is auto calculated. Tick box for resident, tax free threshold and private health.
Handisoft has a tax calculator that does this - the estimated tax is calculated in 10 seconds. Much better and quicker than the ATO's calculators (and the ATO doesn't do current year - only prior).
31 votes -
XPM - Client report including connected Xero organisation
I would like to build a client report that shows the XPM client name but then also shows their Connected Xero organsiation (as this is often different to the XPM name).
32 votes -
AU Tax - Remove Label 10A CTR validation error
Remove CTR validation error for label 10A when entering 0 directly into the main label which is required when using temporary full expensing under the simplified depreciation rules. Instead you are required to create a nil schedule to remove this error and report correctly which is pointless.
3 votes -
Reports - Add Spend /Receive Money report
If I had a spend / receive money report I could just review it against my AR and AP reports.
3 votes -
Workpapers - Client Queries
We are using the 'Client Queries' function for the first time this year.
In Workpapers, each time a request for information is sent to a client, the 'Queries History' logs that an email was sent to the client, however there is no record of the content of the email sent for the client.
We usually would save all emails to clients on file so that anything can be clarified if needed, but have noticed there is no ability to view the email content.
2 votes -
Xero HQ - Link organisations into a group
Being able to link companies in a Company Group would really help to track intergroup transactions and loans
2 votes -
Xero Tax - Remove nil tax payment notices
It would be great if XPM tax would remove these payment notices for clients where we are no longer filing tax returns for them. Currently they are created as nil payment notices and clutter up an already very busy tax payment system.
2 votes -
Xero Tax (UK) | Trading to Dormant mechanism in Xero Tax
A way to post partially dormant accounts when moving from trading to dormant within a tax year. Currently in Xero Tax, you'd have to choose between the options 'Active throughout part of the period for corporation tax purposes' where you can only choose when the company started trading. The other option you could select is 'Dormant throughout the period for corporation tax purposes' and then choose the option 'Company has traded in previous period, tax return is required'.
Both options will allow you to create a CT600, however there isn't an option to choose when the company ceased trading or…
4 votes -
Xero Tax (UK) | Prevent the auto-reversal of negative balances so we can offset debtors and creditors where necessary
This is not a simple feature request. This is a blatant fault with how Xero Tax handles asset figures.
In this particular case we have two accounts in the book-keeping records for CIS tax, because we wish to track CIS deducted by contracted on sales and CIS deducted from subcontractors separately. Transfers are made between the accounts as appropriate when liabilities are reported for payment to HMRC.
At the year end, we want to show this as a single balance. As the net result was an asset at the year end, we tagged both to an appropriate asset type. Instead…
50 votesAppreciate your input here, everyone. Our team is aware of the challenges our partners are facing around the auto-reversal of negative balance. It’s on their roadmap to investigate and provide a better user experience.
For the time being, I’ll move this idea into ‘Under review’ status. And when there's movement, we'll make sure to come back here and let you all know. -
XPM - Default staff checkbox as ticked when allocated to a job
After the recent XPM change where a user can allocate staff to multiple jobs from the Jobs menu, the staff at the Task level are added but the checkbox is not ticked. This means that the staff member can see the job in their timesheet, but not the tasks associated with that job, so cannot book time.
Support have advised they are aware this has changed and do not have a solution to get around this currently, other than manually going into each job and filling the tick box for each staff member for each task. As we create and…
3 votes -
Practice Manager | Reports - build a report that includes client's loan status
We would like to be able to generate a report that includes all clients that have loans.
1 vote -
Xero tax - Separate 'Client To Sign' & 'Tax Agent to Sign' lists
The current 'To Sign' list is a combination of tax returns that might be out for signature with the client, or ready for the tax agent to sign. At the moment there is no way for our tax agents to tell which tax returns are ready for them to sign.
96 votes -
Invoices: Manually export invoice to Xero after an export fail
The 'export invoice to Xero' manual option should be available to staff that have approve invoice permissions. When we have a 'Xero export failed' message and staff correct the error, they need to be able to push this across manually to Xero blue without requesting it from an administrator.
23 votes -
Workpapers - Retaining Shareholder renaming Titles to following year
When working on Shareholder Current Accounts - How can we make 'Shareholder' retain the new titles we give them eg Shareholder 1 - J Bloggs Shareholder 2 -T Bloggs each year we open up a new workpaper we have to key in the titles all over again. We use the 'Trial Balance - Edit' There may be a place we can go to to make the titles retain and would love to know how. If not perhaps something your team could work on.
1 vote -
Hubdoc - Option to code transactions and save them, without publishing to Xero
User & Approval - Having a user that can upload documents & code them. Save the changes but not publish to Xero. Bookkeeper can then check the coding is correct before publishing to Xero or having a approval process where the document is sent to be approved before publishing to Xero, and this would work for purchase orders, invoices & receipts
2 votes -
Xero Tax (AU) | Import from Xero with substituted accounting periods
I love the function of being able to import data from a Xero file/ledger directly into a Xero tax.
However, it seems that you can only import date to 30 June. It doesn't appear to be able to import for a substituted accounting period.
It would be helpful to be able to select the period to import.
26 votes -
AU Tax - Xero Tax Trust Estimate For ALL Trust Types
We need a Trust Estimate to be included in Trust tax returns for ALL types of trusts. Xero recently added a trust estimate but it is for Deceased Estates Less Than 3 years only. This is not useful. This type of trust is a very small percentage of the trusts that our firm has.
We need the estimate to be able to calculate -
- Deceased Estates More Than 3 Years
- Discretionary Trusts where there are Foreign Beneficiaries
- Discretionary Trusts where there Minor Beneficiaries
- Discretionary Trusts where there is no beneficiary presently entitled84 votes
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