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For accountants & bookkeepers

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366 results found

  1. It would be good if Xero Tax calculated the estimated PAYG instalment payable in SMSF Tax Returns as we use this to inform our clients of what amounts they are up for in the new financial year, a very important piece of information for them to consider re timing and amount of cashflow outgoings. Xero Tax does it for individuals so not sure how difficult it would be to make it apply for all entities subject to the PAYG Instalment system.

    17 votes

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     ·  5 comments  ·  Xero Tax  ·  Admin →
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  2. We have some clients that have multiple businesses under their personal names. Can we please have individual worksheets for each business to input income and expenses which then automatically totals into the business schedule in the main form?

    At the moment in XERO tax, we need to put the grand totals into the business schedule, then split the amounts across the businesses for each expense/income line item. This is not practical as we generally receive separate figures for each business, not a grand total.

    77 votes

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     ·  7 comments  ·  Xero Tax  ·  Admin →
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  3. We have noticed an error, where, when managed fund distributions are prefilled from the ATO, a zero is put in the Item 24 - Other Income

    This causes an error for each managed fund prefill that needs to be manually fixed by going in and deleting that entry in the schedule.

    I just recently had a client with 15+ managed fund imports (owned jointly with his wife, so same issue on her side) which meant I had to waste quite a bit of time going into each schedule, only to delete the zero at the bottom.

    If you could arrange…

    60 votes

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     ·  5 comments  ·  Xero Tax  ·  Admin →
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  4. New feature that enables accountants in the UK to prepare accounts and tax returns for clients that do not use Xero.

    1 vote

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    0 comments  ·  Xero Tax  ·  Admin →
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  5. Every year we have to manually create tax returns for each client - would be great if the client is listed as an existing client on both XPM and ATO that XPM can bulk create the tax returns for that relevant year run. This would cut down a lot of admin time.

    9 votes

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     ·  0 comments  ·  Xero Tax  ·  Admin →
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  6. I would like a tax screen similar to the jobs, where I can see clients tax return status, taxes owing and overdue returns. It would be useful to have the option to update a client's return to show as not required or Auto Assess.

    28 votes

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     ·  1 comment  ·  Xero Tax  ·  Admin →
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  7. I'd love a calculator tool in Xero Tax preferably one that is activated using hotkeys.

    50 votes

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    7 comments  ·  Xero Tax  ·  Admin →
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  8. I conduct many Zoom meetings and review an existing Word interview checklist and ATO Authorization with my clients. To automate the process, I would like to add my current checklist and ATO authorization with Xero tax fields as a template. When the interview is completed, the checklist and ATO authorization must be sent to the client for signature.

    3 votes

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     ·  0 comments  ·  Xero Tax  ·  Admin →
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  9. It would be great to be able to preview returns on screen rather than having to export to PDF.

    7 votes

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    2 comments  ·  Xero Tax  ·  Admin →
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  10. We would like to be able to comment on the tax payment and save the comment, rather than making the comment and having to approve and then unapprove the letter to get it back to waiting for approval. This would also be good for tax notices that we ignore, as we can put a note as to why we are ignoring them.

    7 votes

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  11. Currently this is required to be added as a worksheet. We would like to have this as a standard part of the return (like individuals)

    19 votes

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     ·  3 comments  ·  Xero Tax  ·  Admin →
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  12. The ability to bulk update staff access to client tax returns in xero tax. Currently, the only way to change staff access to certain clients in the xero tax feature is to go into each client file and change it individually. A bulk update function would be more efficient and less time consuming.

    13 votes

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     ·  3 comments  ·  Xero Tax  ·  Admin →
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  13. An option should be added in Xero settings, company settings, to manually enter the start date (at the moment you can only enter the end year date)

    There should be an option to extend the settlement period manually in the balance sheet to generate a report.

    When a company changes status to limited in the middle of the month, the first settlement period is extended by that half of the month (e.g company start January 18, 2023, end January 31, 2024), the balance sheet should show the settlement on these dates (and not from February 1, 2023 to January 31,…

    2 votes

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    0 comments  ·  Xero Tax  ·  Admin →
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  14. As 'Blue Xero' supports a 'Not for Profit' organisation, it disappointing that an accompanying
    CT600 cannot be produced in Xero Tax for a charity.

    16 votes

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     ·  8 comments  ·  Xero Tax  ·  Admin →
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  15. The Cover Letter shows the Taxable income and refundable/payable amount, can it also then include spousal tax return information so we can send one cover letter for two tax returns.

    4 votes

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     ·  0 comments  ·  Xero Tax  ·  Admin →
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  16. TPAR - Ability to add more than 12 rules. Some clients like to separate out each type of subcontractor they have on the books and end up with a lot more than 12.

    4 votes

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  17. I still have lots of staff asking to see a Group Certificate, especially if they have not put their tax in for a few years. It would be great if we could generate a "dummy" group certificate for the staff member, after the end of financial year. It give them the info they want immediately and adds professionalism to our company if we can provide what they need.

    3 votes

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  18. Enable notes on sole trader accounts

    3 votes

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  19. It would be good to be able to filter the Tax Home Page by Not-lodged/Not-Filed.

    We can view the Filed on one tab, but to see ALL Not-Yet-Filed returns we need to go between Draft, Completed, Approved, To sign & To file tabs.
    In the All tab it includes Filed. There is no way of removing the Filed from this tab.
    It would be great to be able to see all outstanding returns in one place without seeing ones already completed.

    1 vote

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    0 comments  ·  Xero Tax  ·  Admin →
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  20. 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.

    29 votes

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    2 comments  ·  Xero Tax  ·  Admin →
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