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Reports & tax

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Reports & tax

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1012 results found

  1. It would be great to see a feature that was specific to VAT groups so it's an easy experience (rather than importing and exporting figures)

    49 votes

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     ·  12 comments  ·  Tax filing  ·  Admin →
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  2. Can you add a option in the standard reports to include GST in debtor & creditors without having to create a custom report

    2 votes

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    0 comments  ·  Reporting  ·  Admin →
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    Thanks for sharing, Paul. 

    Appreciate it's a few steps to set up and add the columns, however once formatted as you like, if you save as Custom you can then set this as the default so it's a onetime effort. 

    Understand this may be more cumbersome if working with many organisations. Being open this isn't something we have plans for currently. We'll watch the interest in this, here. 

  3. Added features to P&L report design to be able to add variance between YTD Actuals and YTD budget on the P&L report

    7 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  4. A button you can click to reverse the order of the columns in Reporting
    Typically the reports show the month in question closest to the account descriptions and then the prior months in columns to the right but we'd like to look at our current year starting with the earliest month in the column next to the account descriptions and the remainder of the year in columns to the right. This is particularly useful when building out projected cashflows.

    30 votes

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    15 comments  ·  Reporting  ·  Admin →
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    You can re-order the columns of your report with the layout editor, Robbie. 🙂

    Once you've got the report set up as you like you can Save as Custom to easily access the report with this layout. 

    If you're like to make this the default layout there is also an option for this - see our help here & here

  5. Please add ability to filter inventory reports by tracking codes, so you can see quality purchased and sold by tracking code.

    35 votes

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    10 comments  ·  Reporting  ·  Admin →
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  6. The new Profit and Loss report does not filter the actuals AND budget by tracking category. You have to manually add the correct tracking category budget to the report. When you have 40 plus tracking categories this becomes time consuming and silly.

    The old profit and loss report did this easily. So the new report is a major step backwards

    Ensure the filter for the new profit and loss report filters BOTH actuals and budget, so the report is easy to produce and has meaning. Do not expect users to add the correct column for budget - particularly those less…

    51 votes

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     ·  13 comments  ·  Reporting  ·  Admin →
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  7. Project reports are very difficult to follow and understand. The ability to click a transaction and open the source is not possible unlike all standard Xero reports. A Profit and Loss by project is crucial. Project transactions need to be combined into the audit trail so that standard reports can be ran to include project information.

    90 votes

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    23 comments  ·  Reporting  ·  Admin →
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    Really appreciate those who’ve taken the time to share how this’d help in your day-to-day. We know being able to filter a Profit & Loss report by project would make it easier to understand how your jobs are performing.

    Right now, the best workaround is to export your data and make adjustments for this in Excel, but we get that it adds extra steps.

    There’s also the Profitability dashboard feature in Xero Projects, which gives a quick view of how each job is tracking, and may be helpful.

    We’ll keep an active eye on the interest this idea continues to build through votes, but do want to be transparent that this is not in our roadmap for the foreseeable future. Thanks again for your input through Xero product ideas.

  8. The variance columns in the current P&L reports don't make sense - increased costs show as positive variances, despite the red arrow. The formula is fine for revenue and profit, but needs to be the other way round for costs. Is it possible to have this, or to add a column with different formulae for different sections?

    10 votes

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    8 comments  ·  Reporting  ·  Admin →
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    Hi team, to confirm how the Budget Variance report works currently it'll show;

    • Green arrows for favourable amounts
    • Red arrows for unfavourable amounts
    • Increases in the amount from budget will have an upward arrow
    • Decreases in amounts from budget will have a downward arrow

    We appreciate your feedback here however being open, there are no plans to change the way this logic is applied in the report, or to extend the arrow colouring across the figures/amounts in the report. 

  9. It would be useful if we were able to select published reports in bulk to archive them, rather than having to do them one at a time.

    8 votes

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    3 comments  ·  Reporting  ·  Admin →
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  10. Under Custom Reports

    I send out reports to my departments each month, this morning it took 4 hours to add the tracking codes to the new P & L reports (we love the new report and so do our Department Heads).
    I was wondering if there is a way of saving each custom report for each individual dept with their tracking within a folder. We have a Junior and Senior Campus and about 45 departments at each. We already have a lot of custom reports so having a folder system would allow each Admin staff member to access what they…

    40 votes

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    21 comments  ·  Reporting  ·  Admin →
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    Thanks for the example, Shellee! That's a good few departments 😮

    There's no facility to create folders in the Reports Centre for this sort of categorisation atm. 

    We'll begin tracking support in this here. 

  11. Ability to sort expenses on a Profit and Loss report from largest to smallest.

    8 votes

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     ·  4 comments  ·  Reporting  ·  Admin →
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  12. When you download a P&L / BS report (whether old or new templates), and include comparative periods, there should be an option to choose left to right, or right to left. If i have downloading for Jul-22, with 12 months of comparatives, i want the oldest month to be on the left, and Jul-22 to be all the way to the right. That is typically how all excel financial models are built, and the basis of these models is historical financials.

    19 votes

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     ·  4 comments  ·  Reporting  ·  Admin →
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  13. Using the new Contracts form, when verifying a subcontractor, you are now asked to enter the CIS Tax Rate (Gross, 20% or 30%) before you verify the subcontractor.
    You cannot save and verify with HMRC unless this field is completed. Without verification, you cannot be certain as to the tax rate.

    The error could occur where you choose a rate for the purpose of being able to 'save and verify'. If the verification failed and you required to speak to the contact, or in most cases wait for HMRC to add a subcontractor to the CIS scheme which is currently…

    7 votes

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     ·  0 comments  ·  Tax filing  ·  Admin →
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  14. Could the VAT transactions report in the VAT return include the invoice number as well as or instead of the reference?

    This would make the review to see if there are any missing invoice numbers much simpler. Our invoices are created in another software package by a number of people who sometimes include text as well as the invoice number and it makes sorting by numerical order time consuming. Having the invoice number as a field would make it very easy to sort in numerical order and identify missing numbers.

    9 votes

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     ·  1 comment  ·  Tax filing  ·  Admin →
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  15. In the account transactions report, the reference for batch deposits (of invoices) should be the payment reference.

    Currently, the individual invoice numbers are presented for batch deposits when you run account transactions.

    53 votes

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    7 comments  ·  Reporting  ·  Admin →
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  16. Fixed Assets - ability to have a negative fixed asset for when an asset has devalued and the revaluation is therefore negative.

    19 votes

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     ·  6 comments  ·  Fixed Assets  ·  Admin →
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  17. Xero doesn't currently have the option for reporting PAYG Income Tax Instalment on a monthly basis. Could Xero look into providing this option in the monthly BAS Activity Statement reporting.

    81 votes

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    41 comments  ·  Tax filing  ·  Admin →
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    Appreciate your input here, everyone. Our team has looked into this idea to better understand the needs and complexities involved, however they don't have any concrete plans for it just yet.

    Rest assured that our eyes are on the ground monitoring your feedback and votes here, so please keep adding them in this thread. For the time being, I’ll move this idea into ‘Under review’ status. And if there's any movement, we'll make sure to come back here and let you all know.

  18. There are a number of Report Templates available in the Client Reports which once adapted would be good to copy either from one client to another or better still from a Client to the Practice Reports, making them available for all clients and they could then be included in Monthly Management Reports.

    Currently you can only copy reports within a client or within the Practice Reports and the facility is not available to copy across from one to another

    66 votes

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    25 comments  ·  Reporting  ·  Admin →
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    Back with an update for, everyone 😊We have now enabled the ability to add client-specific custom reports to Adviser packs!

    As mentioned in my last update we don't have direct plans for enabling the ability to copy reports from client to client or client to practice report templates.

    While this update doesn't completely accomplish what's been directly asked in this idea, we know this is a key feature that'll be highly beneficial to some in this idea in creating more comprehensive reports. Thanks for sharing with us all, here.

  19. To add 'uncoded statement lines' to the new report packs in Xero.

    11 votes

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     ·  2 comments  ·  Reporting  ·  Admin →
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  20. The new custom report pack looks great but it would be good to be able to export the VAT return within the same pack. Can the VAT reports be added to this functionality? I think it would be helpful for many people.

    I regularly look at a profit and loss, balance sheet, aged receivables detail, aged payables detail and the VAT return reports monthly for all clients and it would be great to export these together, and would save a lot of time.

    9 votes

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     ·  2 comments  ·  Reporting  ·  Admin →
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