Transitional Year
How do we manage transitional years in Xero? For example, client has change of balance date & now has a 4th installment of provisional tax, IRD recognises the new installment but XPM does not, still only shows 3 installments. If Xero uses the IRD as the source of truth then surely the new 4th installment date should show in both Statements and Payments.
35
votes
Petina Bullas
shared this idea
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Babs Bright
commented
Need to be able to give client accurate information as per IRD calculations
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Sharyn Walsh
commented
This is crucial to enable no client being missed in receiving a tax notice for payment at P4.
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Lindsay Baine
commented
Agreed important