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Reports & tax

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Reports & tax

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990 results found

  1. Report similar to Approved_sentand_paid which shows receipts (Payments & credit) for a specified week and not including previous part payments in the Payment and credits collum. The report should match our banking / receipts for that specific week including part payments.

    2 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  2. Report for "Account Transactions" should only produce one line per transaction.

    Currently, the report splits off a separate line for the PST component of each transaction, adding "- PST" in the description and to the contact name, and pulls the PST amount out of "Gross".

    I need an account transaction report that includes GST, PST and the unit price in "gross" on a single line per transaction. These gross values will match the bank statement, and have the description/reference/contact and the account(s) the transaction was coded to.

    The easiest approach is to have additional columns to select from, and (critically)…

    3 votes

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  3. Currently there’s no functionality in Xero to run an IAS without the GST Accounting Method set up.
    Suggest a feature request that allows you to prepare the activity statement regardless of the entity being registered for GST or not.

    2 votes

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  4. Add the functionality to be able to open a manual journal or other account transaction from the journal report.

    5 votes

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  5. We have imported the Fixed Asset with wrong depreciation rate into XERO FAR side.
    Due to this we are depreciating some of our assets with wrong depreciation charges for last 3 financial years.
    Does anyone know in that platform how can we correct that for previous period?
    This include financial year from 2020 - 2023. All ideas and suggestions are appreciated.
    Thanks.
    Hassan.

    2 votes

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  6. I would like to suggest the option to defer a vat liability to the next period.
    In many cases, customers raise invoices, but then their customer does not pay for a time.
    The customer in the meantime is forced to pay the vat putting him at a disadvantage.
    I propose the option to defer a vat line item to the following period - in other words, remove it from the present tax return and allow it to reflect on the following tax return.
    This is a great benefit to the customer from a cashflow viewpoint - especially the smaller businesses.

    2 votes

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    1 comment  ·  Tax filing  ·  Admin →
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    Hi Ingrihid, thanks for the idea and support here. We appreciate all the valuable feedback and ideas shared via our Product Ideas page.

    I can see that you are based in South Africa and that your idea likely relates to the VAT 201 report. Our VAT 201 return has been developed to comply with SARS guidelines and the option to defer individual VAT line items would go against this. For more information on VAT compliance we would recommend reaching out to SARS directly.

    You will see the VAT 201 return can only be run on an Accrual basis. Accrual basis includes all transactions by the transaction date, whereas payments basis includes all transactions by payment date.

    It doesn't look like the option to create the VAT 201 on a payments basis has been raised. If this is something you would like to suggest, please feel free to raise this idea…

  7. Please put a menu item under the Accounting Menu for Journal Entry. I don't like having to run a report just to go to manual journals or to add a new journal. Just put "New Journal" under the advanced sub menu under accounting. If you are concerned about the average bookkeeper making journal entries, allow the ability for the admin to dictate which menu items are shown for different users.

    5 votes

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  8. A combined lodgement confirmation report for all lodgement done on the same day.

    3 votes

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    1 comment  ·  Reporting  ·  Admin →
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  9. MANNUAL JOURNAL

    Please add a reference column for us to fill up so that posted journal are document in sequence number. The journal ID is actually act as audit trail Instead of journal reference number.

    Also, pleas please allow journal entries to be able to post entries to bank...its such a miserable, while journal entries supposingly existed to pass adjustment but doesn't allow pass entries....

    11 votes

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  10. It would be really useful to be able to track who made changes to the GST return, including who has reversed a return after it has been filed. If available it would allow a discussion to be had with the relevant person as to why the changes were made - which would save time. A recent example of this is when a GST return was filed and payment of the amount due was made. At a later date the return was then reversed and it is unclear who did this and why. This has resulted in time being spent chasing…

    14 votes

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     ·  0 comments  ·  Tax filing  ·  Admin →
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  11. Kindly would like to suggest adding Original Currency in the Aged Payables and Aged Payable Summary. Would make our reporting preparation easier. Thank you!

    88 votes

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    49 comments  ·  Reporting  ·  Admin →
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    Thanks for sharing and engaging with product ideas here. We appreciate the desire to run more reports in Xero in a different currency.

    To confirm what is currently available in Xero for multi currency reporting - Right now the aged reports will run in the organisation's base currency. However, for any invoice or bill that has been created in a foreign currency you'll see an icon next to that line in your report which provides notation of the exchange rate details, and these will all be listed at the bottom of the report.

    With the Payable and Receivable summary and detail reports you can add an 'Original currency' column along with other foreign exchange details.

    It's also possible to add a filter to these reports to only show invoices of a particular status for example Awaiting payment.

    I know this doesn't accomplish all that's being asked in this idea and…

  12. Report Building - Ability to choose any report from Xero Blue to add to the reports. Especially payroll reports.

    Ideally, I would like to be able to build a set of management reports that include things such as accrued annual leave and long service leave. Annual days to pay on AR, average days to pay per client and other KPI type measurements. Is there away to build out own templates that can go into payroll and other areas of Xero to create these

    6 votes

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    1 comment  ·  Reporting  ·  Admin →
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  13. Do you have the currency option on Trial Balance as you do the profit and Loss and Balance Sheet?

    16 votes

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    1 comment  ·  Reporting  ·  Admin →
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    Currently, you can include an Exchange rate note in the Trial Balance report, however it's not possible to run this report in another currency.

    We don't have any plans for extending the reports that can be run in a foreign currency atm, but it'll be good to get an idea of the interest for this here and we can share if there is any change.

  14. I would like to see on the front sheet of the VAT report a Summary break-down by VAT code showing Total, Net and VAT by each VAT category.
    Is this something you are currently working on and if so when would it be available to us.

    5 votes

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  15. Please add the Product Code as a reportable field to the Transactions Report (and any report that looks at 'Descriptions'). Any transaction description that is genrated from a 'Prodcut' needs to include the Product code to give an essentail higher layer of analysis - i really dont know how anyone can drill down into their Sales data without it? It must be a tick box to add as it will be in the same table that the description comes from. Please just add it or offer a custom report building service.

    8 votes

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    1 comment  ·  Reporting  ·  Admin →
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  16. It would be great to be able to add the Business Snapshot Report to the Management reports

    10 votes

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    2 comments  ·  Reporting  ·  Admin →
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  17. Standard layout, which is the one that clients generate and use to check their profits, shows dividends paid, Income tax expense or distributions. This makes the client very confused as these are not part of the operating expenses. Clients do not need to know how to edit or prepare a new layout to take these expenses out. Also, we as accountants can't customize P&L for each of our clients.

    This needs to be address urgently.

    86 votes

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    11 comments  ·  Reporting  ·  Admin →
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  18. It would be very useful if Xero stopped pulling amendments from transactions before the VAT registration date onto the VAT Returns.

    EG. Some transactions before the VAT registration date had 20% VAT on them, these were corrected after the first VAT return was completed. Which then was pulled onto a VAT return resulting in a reclaim position rather than paying HMRC.

    3 votes

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    0 comments  ·  Tax filing  ·  Admin →
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  19. I would like to visualise how draft bills and invoices affect my cashflow, something which I know is not possible at the moment. This would allow me to predict how multiple open quotes & projects could affect my financing requirements. Could this be added in future?

    17 votes

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    9 comments  ·  Reporting  ·  Admin →
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  20. Report builder offers the ability to print PDF reports which is great but if needing to use these for external purposes, e.g. a timesheet detail report to supplement an invoice, the criteria/header portion currently has to be printed also. It would be great to have an option to show/hide the criteria/header when printing to PDF.

    4 votes

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    1 comment  ·  Reporting  ·  Admin →
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