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New Xero Workpapers

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New Xero Workpapers

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34 results found

  1. it seems that it is not possible to delete or reset a workpaper. For example, I created a workpaper pack for a reacl client to test. I since updated the templates, and want to reset/delete/recreate the workpaper so its i the updated format. I've messaged Xero support and they have advised this isn't possible. This means I'm not stuck and cant use this workpaper for this client. They suggested I leave a comment here.

    34 votes

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  2. In new workpapers there is no ability to see which "notes" (Client Query, Review Point) has been resolved 😭

    What theeeeeeeee....

    23 votes

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  3. In the “In Progress” tab, it would be helpful to have the ability to see all queries directly on the screen, instead of needing to click the icon each time. It would also be useful to be able to export all queries by type.

    17 votes

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  4. Those workpapers were available in the old version but are no longer included in the new one. I found them quite useful, and they allowed adjustment journals to be posted directly within the workpaper. Now everything has to be done manually.

    15 votes

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  5. The new workpapers need to carry forward lease schedules, borrowing cost schedules and any other schedules from the old workpapers. There is no way I'm setting these up again.

    24 votes

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  6. Allow each reviewer to approve line items. There are now three people that can be assigned to a workpaper but they all share the same 'status dropdown'.

    We need to be able to see the preparer, reviewer and final review separately.

    14 votes

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  7. Workpapers by default calculates negative tax when there is a loss. This is wrong.

    14 votes

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  8. After I paste the URL on the Attach URL screen, I want to click Enter.

    My hands are on the keyboard. I don't want to have to move them to the mouse.

    In original Workpapers if I pasted URL, tab Type the title and clicked Enter, it would Add link.

    8 votes

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  9. Ability to link to other entity workpapers for the purposes of Inter Entity Loan Reconciliation

    9 votes

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  10. When a document is uploaded then removed from a workpaper, it stays in the background when "Attach document" is selected. We need to be able to delete these if it was added by mistake or outdated.

    12 votes

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  11. Will there be the ability to send out a questionnaire of all the items needed and answers to questions that the client then submits back to signal the start of the annual reports, like there currently is with the old workpapers? This is important so we can keep it all, including their responses within the workpapers rather then having to do a manual checklist to send to them.

    Also, the ability to send this process in bulk to many clients with the same balance date is a must to be efficient with time - it used to be available in…

    7 votes

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  12. Currently when an individual set of workpapers are marked as Completed, they can be then changed by a Preparer without it alerting the reviewer that the Workpaper is now not reviewed for that change.

    Once a workpaper is marked as completed, if any change occurs after this, it should be changed to In Progress immediately automatically (similar to how it changes from Not Started to In Progress). This would prevent that Workpaper from being changed without the reviewer being alerted.

    I would have deep concerns about knowing all Workpaper integrity has been maintained without this feature or a feature like…

    9 votes

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  13. Despite the fact I raised this years ago, it was ignored when building the new Workpapers (ironically, this workpaper is one of the few that mimics the original Workpapers layout).

    https://productideas.xero.com/forums/967127-practice-tools/suggestions/47262578-workpapers-payg-instalments-section-issue-with

    The Income Tax workpaper (attached):
    a. correctly shows 4 x current year PAYG Instalments in the 2025 Tax to pay/(refund) section
    b. correctly shows the prior year June PAYG Instalment in the Balance sheet income tax reconciliation section
    c. incorrectly automatically includes the current year June PAYG Instalment (copied from the section above), in the Balance sheet income tax reconciliation section

    99.99% of the time, the prior year June…

    8 votes

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  14. Ability to edit the checklist item. Currently we can only delete and re-type a checklist item not edit anything that is existing

    8 votes

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  15. Currently it defaults to In Progress and I can't seem to change that? At least in Old Workpapers we had On Hold, which we used if there were queries with the client and the job was stalled. And Done, when it was out for signing and waiting for the workpapers to be signed off. It would be really handy to a) be able to customise the Status, and then b) change it.

    Also I tried the Notify feature and that didn't update Status to Ready for Review either
    Otherwise looking at my client view of all workpapers in progress, we…

    5 votes

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  16. Profit distribution accounts might have an EXP in the report code (and Xero might force us to use Expenses as the account type in Xero).. but they're not expenses.

    Xero has split Revenue, COGS and Expenses across three workpapers.. but still lumped profit distribution accounts in Expenses.

    8 votes

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  17. Journals (General Journals, Manual Journals) are inherently an ACCRUALS transaction. Not cash.

    Manual Journals can't be recorded against a bank account in Xero.

    Manual Journals should NOT be Cash Basis by default. They should be Accruals ONLY, by default. Xero should give you the OPTION to include your Manual Journals on cash based reports.

    7 votes

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  18. It's bad enough that new Workpapers only show "Variance" for CY vs LY rather than CY vs supporting Workpapers (the whole point of workpapers).

    This is not a Variance... it is a Change or Movement.

    Variance is defined as:
    - the fact or quality of being different, divergent, or inconsistent
    - the state or fact of disagreeing or quarrelling
    - a discrepancy between two statements or documents

    You'll notice that these all suggest a variance is not good (it's a difference of facts, quality, disagreement, discrepancy).

    In the accounting world we try to solve or explain variances. A change or…

    7 votes

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  19. When amending the Workpaper templates, it would be useful to be able to "edit" the checklist items without having to delete them and reset them.

    It would be useful to be able to set the order of the checklists rather than defaulting to alphabetical.

    It would be useful to be able to prepare a personalised checklist in this space as well.

    We tend to tweak items from time to time. NOT reset them.

    If this can be included as an individual feature as well that would be good. As some clients do not require these items to be done.

    5 votes

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  20. The tax return doesn't allow for decimals.

    When people use decimals on an income tax rec (before/up to taxable income), we end up with rounding issues and incorrect tax expense calculation.

    Taxable income must be a round number, all of the inputs into the tax return to calculate taxable income must also be a round number, therefore it makes most sense to make the workpaper only allow round numbers (up until the point decimals are allowed in the tax return, which is when the tax expense is calculated).

    6 votes

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