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Reports & tax

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Reports & tax

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1081 results found

  1. It would be great to be able to edit the detailed time report similar to how we can edit the P&L and balance sheet reports.

    We simply want to add a timesheet sign off area at the bottom of the report, which would be easy to add if that feature was available.

    1 vote

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     ·  0 comments  ·  Reporting  ·  Admin →
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  2. In Singapore, deemed supplies include free samples given to customers at no charge. If input tax was claimed on the purchase of these sample items, businesses are required to account for output tax when giving out the samples. Currently, Xero does not allow sales invoices to be issued at a zero value. As a result, if a sample is given at no charge, the sales invoice does not register any tax code. The workaround is to input a sales value and create a negative line item to ensure the invoice registers the tax code.

    The second issue arises when using…

    1 vote

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     ·  0 comments  ·  Fixed Assets  ·  Admin →
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  3. Can we please have a few new GL Account categories so that the P&L can be printed in the standard format to show EBITDA, EBIT, Profit before Tax and Profit after Tax.
    Should be a fairly simple addition to the available categories, to add Interest, Depreciation and Tax as categories would enable this.
    This could also help with the enhancement of the Cashflow Reports.

    29 votes

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     ·  2 comments  ·  Reporting  ·  Admin →
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  4. For the existing Tax & reporting tile on the dashboard, it would be good if the Activity Statement included an indicator for when the next one is ready to be prepared and submitted.

    3 votes

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     ·  2 comments  ·  Tax filing  ·  Admin →
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  5. The ability to remove the nominal accounts from a budget or show only selection of nominal accounts on a budget report. This would be useful so we can send budget owners a reports which shows only the budget lines that they are interested in and keeps actuals and forecasts in other nominal codes confidential.

    16 votes

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     ·  3 comments  ·  Budgets  ·  Admin →
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  6. We need more flexibility in depreciation schedules to add Second Hand Capital Works Assets for rental properties.
    When you buy a second hand rental property, the capital allowances available under Div 43 needs to be calculated on the original cost, however, the total amount remaining to be claimed will be less than this original amount. Fixed Assets in Xero does not currently allow for this. We need to calculate the depreciation on a straight line basis based on the original cost, not what we paid for it and we need to be able to include an opening written down value,…

    8 votes

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     ·  3 comments  ·  Fixed Assets  ·  Admin →
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  7. Ramp credit card transactions should be excluded from 1099 reports but they are currently included.

    15 votes

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     ·  5 comments  ·  Tax filing  ·  Admin →
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  8. Give a way to run the 1099 report so it can be saved as a pdf AND saved to "Published" reports. Bonus points if it can be included in advisor reporting.

    7 votes

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     ·  5 comments  ·  Reporting  ·  Admin →
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  9. It would be great to have an option to run a sales report by item which includes draft invoices, delivery dockets, and purchase orders as well.

    For example, I tried to run a sales report on qty of each product sold for the financial year to date and realised this information was inaccurate as we had sold a significant qty as draft invoices (using draft invoicing in lieu of delivery docket functionality), these products were not included in the sales report.

    3 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  10. Ability to add project financials rerporting into an advisor template report

    Being able to build a management report template that includes project financials seems like a no-brainer. but you can't do it at template level. You have to start with the existing template for a managmeent report and build a report from scratch for each client.
    You can't even take an existing template and add in a project report.

    3 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  11. Withholding tax (WHT) in Saudi Arabia (-5%). Allow option to add negative tax rates in Xero.

    1 vote

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     ·  0 comments  ·  Fixed Assets  ·  Admin →
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  12. it is great to have all accounts appear in the financial statements. It is useful to monitor all accounts at once

    1 vote

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    0 comments  ·  Reporting  ·  Admin →
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    Hi Aisyah, sorry we've not responded to you here sooner. Could you share more detail to help in interpreting your idea here? Is there a specific report you're running where not all accounts are showing?

    Earlier this year we release an enhancement to be able to show a nil balance in reports - I shared an update on this here. Does this achieve what you're in need of here?

  13. The sales tax report needs a filter for tracking categories for those filing under different store operations.

    3 votes

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     ·  2 comments  ·  Tax filing  ·  Admin →
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  14. I am a sole trader. I started using Xero to see how it helped with my taxes. The road has been... rocky. Largely because Xero largely ignores soletraders and their specific needs.

    For instance, Xero has no IR3 reports (NZ IRD) set up that we can use.

    And we can't have depreciation amounts at the same time as accounts in a report.

    We also can't limit which accounts appear in a report.

    For me, as a sole trader, I have wound up with personal and business expenses and income mixed in my bank accounts. I have also created personal accounts…

    1 vote

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     ·  0 comments  ·  Tax filing  ·  Admin →
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  15. Downloadable iXBRL formatted financial statements.
    It is required in South Africa for business with more than R 5mil (AUS$ 413k)

    Our economy will be great again

    4 votes

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     ·  1 comment  ·  Reporting  ·  Admin →
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  16. At the moment Xero doesn't auto calculate the depreciation rate from the effective life. This means when we run the depreciation report the rate column shows up as blank if we've entered the effective life into the asset register rather than the rate. We should be able to enter the effective life and Xero auto calculates the depreciation rate for the depreciation report.

    2 votes

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    Thanks for sharing your needs for Fixed Assets, here. While we appreciate it could be confusing to see a blank percentage in the rate column, we want to upfront that this isn't something we have plans of implementing in the near term.

    As you may already be across if this is something you do need to track, the best option right now would be to export the Depreciation Schedule report and make adjustments as required outside of Xero in Excel or Google sheets. I know this isn't the ideal solution and if any change is planned we'll let you know here.

  17. I still don't understand why Xero rounds any amounts? Could we have an option to disable all rounding in Xero. I have just left MYOB after 10 years, they never did anything like this. I moved to Xero on advice from my accountant, starting to regret this! Leave it as an option for whoever is rounding stuff (very werid), but please give me a checkbox that totally disables rounding. Please!

    41 votes

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    16 comments  ·  Reporting  ·  Admin →
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  18. Please collaborate with Clockify to integrate Clockify time entries with Xero Projects.

    New project in Clockify creates New project in Xero
    New task in Clockify creates New task on project in Xero Projects
    New time entry in Clockify creates New time entry in Xero Projects.

    OR please improve the features of Xero projects to be as good or better than Clockify.

    2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi Bijanca, while we appreciate your idea here connected apps build and design their integrations with Xero themselves so they're best to approach to request changes or expansion to their integrations with Xero.

    We have a Developer community they are welcome to connect with if they need more information to help with this too. Feel free to share the link.

  19. It would be helpful if the short-term cash flow could be integrated with the budget. Since we operate on 30-day end-of-month payment terms, the cash flow is often inaccurate. The sales figures are the primary element we would like reading from the budget.

    3 votes

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     ·  0 comments  ·  Budgets  ·  Admin →
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  20. Receivable invoice summary- add notes column - if notes are made on why invoice are not yet paid. can we run an age receivables report, that also includes the notes on an invoice please

    51 votes

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    12 comments  ·  Reporting  ·  Admin →
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