Xero Tax (UK) | FRS 105 - Tabular format for Notes
The mandatory notes section on FRS 105 needs upgrading, so that the notes on things like movement in directors loans, and operating lease commitments, can be completed by merely filling in numbers into a template matrix. At the moment, no tabular layout is possible.
Hi team, with Xero's new company accounts solution, we've now made the tabular format of the Directors advances, credit & guarantees note available in FRS 105 filings within Company accounts in Xero.
Once you create a FRS 105 filing from the Tax dropdown in Xero, navigate to the 'Notes to the financial statements' page and you'll see the new version in the list of available notes.
All of our text based disclosures offer far better formatting options than what was available in Xero Tax classic. We've put a lot of focus on notes during development but if there are more you'd like to see under FRS 105 specifically we'd love to hear about it. Feel free to start a new idea. 🙂