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Reports & tax

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1012 results found

  1. Profit & Loss report: Show account names on 1 line.

    The new report has account names over 2 lines, so makes the report extra long, and not very easy to view on the screen. Analysis becomes less efficient.
    Prefer the old version report "look". We were able to see the business at a glance on fewer pages!

    Also, the extraction to excel now has merged cells. Have to unmerge and manipulate before using the report. Again less efficient.

    1 vote

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  2. Per the attached screenshot, we are utilising tracking categories to track income and expenditure for two branches of a business with one ABN. Most of the reports can be filtered between tracking categories. I can see no reason that the GST reports should not be able to be filtered by tracking category, or even the Activity Statement report. We should be able to expect this filtering for ABN branches.

    13 votes

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     ·  5 comments  ·  Tax filing  ·  Admin →
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  3. The ability to import report templates for financial reports

    9 votes

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  4. Page breaks in the depreciation schedule would be great, would allow more flexibility and be in line with the other reports

    17 votes

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  5. Enable AIM tax method for NZ
    This is needed for small businesses in NZ to do their own AIM lodgement automatically via Xero without using an accountant. In the GST return, there are three options currently; Standard, Estimate, and Ratio but not AIM. The whole purpose of AIM is to smooth cashflow and make it simpler for small businesses to file one return for both GST and Income Tax at the same time, but it appears this option is not available to us! Please vote for this to be included ASAP as an option.

    10 votes

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     ·  5 comments  ·  Tax filing  ·  Admin →
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  6. In Xero HQ when we create a New Template for Reports and add reports according to our preference, We are unable to add reports like Top Suppliers and Top customers report in Xero HQ but those reports are available in individual client's organizations.

    It would be great if we can add these reports in Xero HQ so it would be easy to generate month end reports from Xero HQ for all the clients.

    3 votes

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  7. Now that we can add equations, I'd like to see Xero add non-financial data for use in calculations. Specifically, I'd like to add a number that changes each month (number of clients). This will allow me to calculate the revenue per client. I would also like to add the number of clients lost and clients gained so I can calculate the churn rate and customer lifetime value (important to use in making decisions on marketing spend).

    9 votes

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  8. Recent changes to the report layouts when comparing categories means that categories without data no-longer show. It would be great for the user to have the ability to choose whether to include/exclude.
    This is particularly relevant when reporting is exported to Excel for customised reports that cannot be developed within Xero. The exported data out of Xero needs to have same column headings so that lookups in Excel continue to work.
    The recent change has meant that reports we have already developed within Excel that rely on Xero data no-longer work. And is time consuming to add back in columns…

    2 votes

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    Appreciate the feedback, Julie. This has generally been to help keep the report clean.

    There aren't any direct plans for adding non used categories back into view but it'd be good to be able to share if there are any specific reports you're commonly using that you'd find this view useful in.

  9. There should be an option to enter a prepayment to/from a Contact as such, that is a prepayment. For now, it has to be entered as an invoice. Creating an invoice also creates HST due/credit and it does not follow tax/HST rules because a prepayment is not a sale.

    3 votes

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  10. The VAT reconciliation report is still listed in the menu of reports, however there should be a comment somewhere in the report that says that it doesn't integrate with VAT returns filed under MTD.
    This will avoid staff who are unaware of this, trying to make sense of it.
    Maybe just completely remove it.

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for the feedback, Andrew. This is something that's noted within the help for this report but appreciate wanting to see this more predominantly in the product.

    No changes at present but we'll let you know if there are any made, here. 

  11. "Compare Tracking Category" in the Old Format P&L Report includes columns for all Tracking Category Values USED in the date range; irrespective of whether the value is ACTIVE or ARCHIVED.

    "Compare Tracking Category" in the New Format P&L Report is different: it includes columns for ACTIVE Tracking Category Values. This represents an incomplete view because ARCHIVED Tracking Category Values USED in the date range are not included.

    Please can you enable reporting of USED Tracking Category Values in the New Format P&L Report before you remove Old Format Reports in July 2023.

    Custom reports don't provide a viable solution due…

    7 votes

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  12. I have successfully managed to create a custom report.

    I now want to add on rows which give me the opening and closing balance each month to get a 12 month cashflow. Is there a way I can do this from the statement of cash flows (using the cash and cash equivalents at beginning and end of period)

    When I try to add rows to my custom report it doesn't seem to offer to add, but only to group item is this something that could be considered.

    I work for several charities and this report showing money in bank at…

    1 vote

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  13. The ability to support valid tax options for report book value SBE pooling depreciation.

    Purpose: This would enable capturing separate book and tax value

    20 votes

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  14. The existing 'Statement of Cash Flows' could be enhanced to be the bridge between the P&L and the balance sheet.
    1. Term debt and cash are netted to give the movement in cash equivalents. If the statement differentiated between 'term' funding (in our case, reduction of term debt) and the 'cash at bank' balance it would better describe cash flows.

    1. Make repayment of loans a 'financing' activity. Currently it is wrapped in 'cash equivalent'.

    2. The flows in Operating Activities would be more meaningful if it highlighted where to see changes. For example, working capital changes in the period under review…

    5 votes

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  15. VAT - Ability to sort, filter and search what is in each tax box or tax rate when reviewing a tax return. This will help when reviewing a return before submitting.

    15 votes

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    4 comments  ·  Tax filing  ·  Admin →
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    Hey community, thanks for your interest and feedback on this idea 💡

    Did you know that the transaction reports on the VAT return can be exported to Excel format where these can then be sorted/searched and filtered to help review the transactions?

    We don’t have any near term plans to expand functionality to develop the ability to sort, filter and search within the tax rate box of the VAT return. If anything changes in the future, we’ll update you on this idea! 📢

  16. I am having some difficulty with "Blank Reports". I designed a small divisional report which included only a small percentage of my P&L accounts. I tried to select a date range which is offered but doesn't work - the only date range that works is the current financial year. If you want to look at last month, last quarter etc - no luck.

    When I brought this to the attention of Xero, their response was that feature isn't available - then why is it a report option. Their suggestion was to modify the P&L format which has date options that…

    1 vote

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  17. I would like to put fixed asset categories (plant and machinery, motor vehicles etc) as the columns, and have Cost, Depreciation, NBV - bfwds and cfwds etc in the rows underneath. See attached.

    As far as I was aware it was standard to have the fixed asset note in this format so was surprised this was not already a functionality,

    5 votes

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  18. It would be so helpful to have a YTD column in the account transactions report. I run this report monthly for certain sales accounts to give to our marketing department and need the monthly amount and also the year to date amount however this report only allows me to show the period selected. This means I have to run 2 reports, one showing the monthly account transaction total and then one showing the year to date account transaction totals which I then combine in excel. Would also be good if there was a comparison to budget column.

    5 votes

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  19. I would like to send departmental P&L/spend reports to my managers. For eg, send all marketing spend to that team showing the act v bud figures AND all the transactions making up the actual fig
    I reckon it would be best to add the Act and Bud figs at the top of the account transactions report for a particular chart of accounts

    10 votes

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  20. Requesting to add find and recode option for Fixed Assets also

    1 vote

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