Xero Tax (UK) - Support for custom notes in Financial Statements
When preparing the statutory accounts in Xero Tax it would be great to have the feature to create your own "freeform note". For example, I need to add a secured debts note to the accounts however Xero does not currently provide this note amongst the list, therefore I need a freeform note where I can determine the heading and body of the note to feature in the notes to the financial statements. Currently the workaround is to declare the secured debts note as a line with the creditors which makes the presentation of the accounts weak.
Danny Guy
shared this idea
Thanks for everyone's contributions, here.
Things have moved on a lot since we last updated this idea - we recently launched Company Accounts, a new accounts production solution built directly within Xero which supports FRS 105 and FRS 1021a accounts for limited companies.
A lot of our customers feedback was incorporated into the development of this, particularly around notes.
We've updated a lot of disclosures for FRS 1021a and there's core text editor functions throughout these and the accounting policies which allows you to style the font, add bullets/numbering and add bespoke tables.
We'll continue reviewing this idea but building Company Accounts into Xero allows us to move much faster than we could before so we're going to continue focusing on specific note requests first so that we can save you as much time right out of the gates as possible, without having to invest time building your own notes.
Looking through the comments here we'd also like to highlight, the new product;
- Includes tabular share capital note
- Has a secured debtors note
- The content of the directors report is customisable should you need to add any bespoke wording
- All of our notes and policies allow you to change the title of the note
- There's a basic table as part of the text editor
We'd still love to here more about any tables you feel are missing. Thanks
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Jacob Lee
commented
is this ever going to be actioned? as this would be useful
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Tim Taylor
commented
Can the notes to the accounts all have the ability to insert a table. Trying to do this freestyle is painful.
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Pooja Jain
commented
I want to show share capital note in notes to financial statements prepared from Xero tax but on adding new disclosure, I am not able to do underline or draw borders or tables. How to form table in company accounts?
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Marina Perrone
commented
Support the query.
I faced the similar problem. As my client has a business sensitive issue to customise the director's report wording in the final accounts produced in Xero Tax. We have to use other services now to create the form and content that needed.
Really upset with this.
