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VAT - Automatically calculate returns when switching VAT scheme

Hello,

I would like for Xero to automatically calculate the VAT returns accurately when switching from a VAT scheme to another. Currently, we need to manually adjust the returns to avoid any duplications caused by the transition. There is room for a lot of human error when doing this and I believe this feature is extremely important.

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Malina Alexandrescu shared this idea  ·   ·  Report…  ·  Admin →
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  • Sarah Coombs commented  ·   ·  Report

    I was surprised to find out Xero does not have this feature. Not only can this be a time consuming task and open for human error, but QuickBooks can do this with ease, this should be rectified as a matter of urgency!

  • Tatjana Satenevskaya commented  ·   ·  Report

    What kind of comment is this received from Xero Admin>? Thant doesn't resolve the issue re switching bank's view to cash!