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146 results found

  1. If I had a spend / receive money report I could just review it against my AR and AP reports.

    3 votes

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    0 comments  ·  Workpapers  ·  Admin →
  2. I have just discovered Xero Tax can't do Trust Income pages. We need the full suite for Self Assessment.

    8 votes

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    4 comments  ·  Xero Tax  ·  Admin →

    Hey everyone, just popping in to shift this idea to delivered! We are pleased to confirm this has now been released in UK personal tax. 

    Please select 'New schedule' and then 'Trust and estates' in order to add this income.

    • Ability to update the start and due dates directly in the new job manager (currently still need to go into each job directly and edit to change these dates)

    • Ability to search for specific clients with active jobs in the search bar (currently can only search the job number and job name).

    So far our team is loving the new job manager on XPM - has made our workflow process much easier and efficient!

    12 votes

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    Thank you for your patience! We're excited to let you know that you can now use the search bar in the All Jobs tab to look for jobs by a multitude of criteria, including client name.

    No matter how you structure your jobs, you can find the jobs relevant to the task at hand either using the client name, job description, job number or the job name - Now that you can do all this in the All Jobs tab, we've also removed the Search tab in Job Manager as it's no longer needed (All Jobs has feature parity with the Search tab).

    Appreciate starting a new idea specifically for Job start and end dates and we'll be sure to update you all there, if there's any news for this. 🙂

  3. Current Hubdoc behaviour is that the user must choose a single default document type per vendor and all documents for that vendor are treated the same. So if a credit note is uploaded for a vendor that usually sends bills, then that credit note is loaded to Xero as a bill.
    It would be good if Hubdoc could differentiate between different document types for the same vendor.

    75 votes

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    2 comments  ·  Hubdoc  ·  Admin →

    We've reached a milestone! - Hubdoc credit note detection is now available to all Hubdoc users globally who are connected to Xero or QBO!

    As mentioned previously, when detected Hubdoc will flag the document for your review, from which you can Publish as a credit note.

    Thank you all for your feedback and contributions to this idea 😁

    • Xero Blog - Hubdoc can now detect credit notes automatically
  4. It would be great if there could be a column added for Staff and or Manager. You can filter it by Staff by having it all in one place would be easier to workflow etc as you can customise it for month by month or whatever option, then and also Partners can then see whos working on what in one place

    9 votes

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    Hey community, thanks for all your feedback around this idea - this is now live!

    Earlier this month we rolled out some changes to the Job Manager in XPM, and you'll now have the option to include three additional columns in the 'All Jobs' menu.

    In addition to 'Staff assigned' we've also included a column for 'Manager assigned' and 'Partner Assigned'. 

    You can see how that looks in the attached screenshot 👇🏻

  5. FX rates to be added back to new reports like they used to be in the old reports. Otherwise how do we know what exchange rate is used for conversion at any given time?

    Thanks

    3 votes

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    1 comment  ·  Xero HQ  ·  Admin →

    Hi everyone, along with earlier reports I mentioned, our team have now expanded disclosures for foreign currency to the following reports;

    • Receivable Invoice Detail/Summary (And all common formats)
    • Payable Invoice Detail/Summary (and all common formats)
    • Contact Transactions Summary
    • Supplier Bill Activity
    • Customer Invoice Activity
    • Bank Reconciliation Summary
    • Executive Summary

    With this release we'll shift this across to delivered. If there's another report you'd really like to see this on, do start a new idea and we can begin to get a sense of the interest for that as well. Thanks!

  6. In a non resident return it would be good if Xero could prevent finalisation of the return where the PIE tax credit is in excess of what is claimable under the Tax on Taxable Income/Taxable Income x PIE Income formula. Thanks

    1 vote

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    0 comments  ·  Xero Tax  ·  Admin →

    Hey Claire, rounding back to your idea here I wanted to confirm that when running an IR3NR return there is already a warning that'll appear if PIE tax deducted exceeds tax on taxable income.

    This will prevent the return being filed in Xero until the figures have been amended.

  7. Re Managed fund distribution worksheet, the field 'Current year capital gains - Discount method (Grossed-up amount)' was prefilled incorrectly.

    It's prefilled with net amount instead of the grossed-up one, results in validation error, need to manually edited it.

    It could be great if xero can fix this, thanks :)

    24 votes

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    3 comments  ·  Xero Tax  ·  Admin →

    Hi team, apologies for not returning to this idea sooner. You'll find the Managed fund worksheet now has the ability to state whether the capital gains is reported as Gross or Net which will allow the Capital Gains Tax worksheets created to be correct. 

  8. Please could you include the Directors responsibilities paragraph in the directors report as this is best practice.

    4 votes

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    2 comments  ·  Xero Tax  ·  Admin →

    Hi everyone, returning now a few months on from our last update and we're going to move this idea to 'Delivered' with the change the team made to FRS102 1a - New notes and disclosures + Directors report 🎉

  9. It would be good to have a version of the "Partnership and trust" worksheet from the individual tax return in the CTR as well. This would make it significantly easier to enter the correct amounts at 6D and 6E.

    Having the appropriate amounts entered in the worksheet flow through to the capital gains schedule and the franking credits section of the calculation statement would also be advantageous as it would remove a lot of manual work associated with these items.

    39 votes

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    2 comments  ·  Xero Tax  ·  Admin →

    Hey team, we've recently introduced the Trust Income Schedule in Xero Tax(AU). With the Trust Income Schedule if a trust or beneficiary relationship has been set up in the client’s screen, these distributions save automatically from the trust return into the receiving return’s Trust Income Schedule - You can find out more on these changes on Xero Central.

  10. New General Ledger Summary Report - please bring back opening and closing column balances for this report.

    3 votes

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    0 comments  ·  Workpapers  ·  Admin →
  11. Currently when selecting "Profit/(Loss) on disposal of fixed assets" as an iXBRL tag, it only works where there is a profit, and therefore whether it's a profit or a loss, it shows it as income in the P+L on the accounts.

    Xero Support have suggested posting here to gather support for a "Loss on Disposal of fixed Asset" code that hits the Expenses categories, and changing the Income one to "Profit on Disposal of fixed asset".

    Personally, on the basis that the existing code isn't flexible, I don't know why this isn't how it was set up originally.

    Hopefully gathering…

    6 votes

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    0 comments  ·  Xero Tax  ·  Admin →

    Hey Jason, thanks for starting this idea. We're pleased to share that this change is now live! Our product team have added a second tag for profit and loss on disposal to cater for whether that results in a profit or a loss separately. For a loss on disposal an expense tag can now be selected which will also present a loss on disposal within expenses.

  12. More complete information added to the Payment Report for personal tax, so that the Payment Reference and HMRC bank details are included as well as the amounts to be paid. Then this one page can be sent to the client and avoids a lot of additional time spent sending them separate info on how to pay and what the reference is. BTC do this really well

    5 votes

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    0 comments  ·  Xero Tax  ·  Admin →

    Hi everyone, we wanted to come back and confirm that as part of the compliance release for the tax year 2023/24 the payment details were added to the payment report. This should be visible to you now in the personal tax product.

    The payment details default to HMRC Cumbernauld but If you'd like to change this, you can go to the Other return information schedule and "HMRC payment details" to select HMRC Shipley.

  13. Automatic exemption of national insurance contributions for clients over state pension age. In many other accounts production softwares this is already automatic and is calculated from the date of birth. The more manual input there is, the more room for error and this is something that could easily be missed by someone who is used to automatic functions.

    14 votes

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    3 comments  ·  Xero Tax  ·  Admin →

    Hi everyone, I'm pleased to update you all that this feature has now been released! 

    Now, if you enter a date of birth and the client has a trade, Personal Tax will automatically set Class 4 NIC to exempt where the client has turned state pension in the prior year. 🙂

  14. I have a client who would like to give access to payroll only for a user and not have access to the bank accounts. Is this on the future roadmap?

    2 votes

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  15. Chart of Accounts
    Xero HQ import personalised chart of accounts, the current process does not allow the report name to be included. This requires editing of the chart once imported to the client. Would be helpful to have this field available to update the chart templates, saving staff time amending all charts.

    14 votes

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    5 comments  ·  Xero HQ  ·  Admin →
  16. When creating a rule. Add an option to leave the description as it is. This is helpful if the client has added something onto the bank line and the rule would otherwise remove it.

    1 vote

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    0 comments  ·  Xero HQ  ·  Admin →

    Hey Gregor, thank you for submitting this. If you want to retain the original description of your bank statement lines the best approach would be to leave the 'Description' box empty when creating a bank rule. This will prevent the bank rule from overwriting the original line with the text you've entered into the bank rule and keep it as it is 😊

  17. Tax return audit check should include whether new keypoints 34-38 have been completed

    1 vote

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    0 comments  ·  Xero Tax  ·  Admin →

    Thanks for the idea here, Mike. Our team have made some recent updates and Xero Tax (NZ) will now provide a warning banner with suggestions to show where your tax return may require a review.

  18. R&D tax repayments
    Currently with Xero Tax you can only request a credit towards the tax liability and not a cash repayment. Can Xero please amend this so that those that are amending CT submissions to claim R&D, can request to have the cash repayment rather than the reduction. it needs to be populated in CT600 box 865 (currently ).

    6 votes

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    1 comment  ·  Xero Tax  ·  Admin →

    Thanks for your contribution to this idea everyone, and apologies we've not updated you here sooner.

    Although we don't support the CT600 box 865 we do support boxes 875, 880 and 885 which are automatically populated with the payable R&D, RDEC or Creative tax credit as applicable when the R&D schedule has been completed and the company is able to claim the repayment.


    We added a lot of functionality to Xero Tax last year(2024) around R&D to stay on top of legislative changes, such as those in June 2024 to bring in Enhanced R&D Intensive Support (ERIS) and support the merged RDEC scheme.

  19. The Xero Hotlink button should open an Account Transactions (new) report for that account rather than the old Transactions report, for many many reasons.

    44 votes

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    1 comment  ·  Workpapers  ·  Admin →

    This is now live🎉


    You can find the full release details over on our 'Xero Product releases' page. 

    Hotlinks in workpapers will now connect to the new reports in Xero. If a workpaper links to the Account Transactions, Bank Reconciliation, Aged Receivable Detail, Aged Payable Detail or Fixed Assets Reconciliation report, you'll be able to use exciting features that will help you get quick access to answers and streamline your financial analysis.

    Thanks again for all your feedback around this idea 

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