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Reports & tax

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Reports & tax

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33 results found

  1. There is caital gain in the trust distributed to the company, but it seems not included in company tax return. The company and trust is connect in XERO, all the income is in but not the capital gain, it is in 'Trust income schedule', but not included in company taxable income.

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.

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  2. If each report had the option to export the transactions used in the report, with the transactions showing all the data that was input, including tracking categories, the limitations of just about every report available would have a workaround.

    As it wouldn't be a report, but a data dump, it wouldn't need any formatting.

    This capability was just about the only thing that redeemed Sage 200 reporting.

    1 vote

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  3. Add Capital Works Worksheet to SMSF Tax – Deductions

    Problem
    In the SMSF tax return, the Capital Works (Division 43) deduction does not include a worksheet. While users can manually enter a total amount, there is no built‑in worksheet to calculate or track the capital works deduction.
    This creates a gap in functionality, as accountants must maintain a separate external worksheet to calculate capital works depreciation and then manually transfer the result into Xero.
    Why this matters
    Capital works deductions are very common and material for SMSFs that hold property. Without an integrated worksheet:

    Calculations are more time‑consuming
    There is…

    7 votes

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    2 comments  ·  Tax filing  ·  Admin →
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  4. Across all of Xero not just in Manual Journals, but suite-wide, can it be known that speed of data input is critical to productivity. Therefore can someone at Xero esculate the design choices to improve the speed of input of repetative tasks.

    Navigation loops for inputing draft bills, ie loop back to the draft bills screen to enter another one by default, OR a setting in the user profile...

    Manual journals for example, can we have it programmed so that I don't need to click the mouse to select the blank tax field, instead can I just TAB KEY over…

    2 votes

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  5. PLEASE DO NOT CLOSE THIS ONE JUST BECAUSE YOU MISUNDERSTAND
    Reports with custom periods currently have their dates 'shifted' every month or quarter (yes, they do, no matter what 'Xero support' say - unless that has been fixed, of course). This shouldn't happen, as they do not use relative dates (they should be fixed, at least by default). This is either a bug or bad design.

    1 vote

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  6. I submitted at least two ideas (or rather reported bugs or bad design), but 'Xero support' did not understand them / misunderstood, and just closed both before I got a chance to respond. Could 'support' please 1) read comments properly and 2) at least give people a chance to respond? Thank you!

    1 vote

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  7. Direct Profit and Loss Detail Report with Tax Columns (Match QuickBooks Functionality)

    1. The Feature We Need

    We need a dedicated Profit and Loss Detail report. This should be a single report that shows every transaction, grouped by account, including the Tax Rate and Tax Amount for every line. It should look and work exactly like the "Detail" report in QuickBooks Online.

    1. Why the current "Account Transactions" report is NOT helpful Xero often tells users to use the Account Transactions report as a workaround, but this is not a proper solution for these reasons:

    Too much "Cleaning" required: The Account Transactions…

    1 vote

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  8. Can you please add a link the note that takes us back to the statement it relates to? i.e. when we click on the note number in the statement, it takes us to the note. Can we get the reverse done too? Then we can more easily check that the note reconciles with the statement figure.

    1 vote

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  9. After filing a tax return why not automatically add it to the bills to pay section of the dashboard as you already have all of the information??

    1 vote

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  10. How can we produce a report showing all of our clients that have made a personal super contributions (label D12 in their tax returns) in the 2025 year so far for all lodged returns?

    3 votes

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  11. US Tax: don't show tax rate for non-taxable items

    Why is Sales Tax showing as a % for Shipping when shipping is set as not taxable?

    I see there's a pop-up that says it's at 0% tax, but it's very confusing to the customer, showing a tax rate, and have explain that in fact Shipping Is not taxed

    2 votes

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  12. When selecting a date range in reports, please can a "last week" / "this week" common date selection be added?

    1 vote

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    Hi Arthur, is there a particular report you'd find this selection most useful for? It's unlikely we'd add this as a common date range across all reports at once - it'd be good to better understand the reports this would be most helpful for you on. Thanks

  13. Would it be possible to have the current P&L have the option to be formatted better? As I need to separate P&L for different accounts that have been created on the COA (tracking is not an option).

    When I make a blank report, I want to merge and follow the same format as the standard P&L, when I make a custom one, it looks terrible lots of additional lines and the headlines are to the right while the sub headlines are to the left. When I want to add a formula, I cant fully separate this and causes confusion for…

    1 vote

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  14. It would be great if there could be an investment boost report that could be printed out to help isolate what assets have had this boost applied so the new IR10 requirement can be easily reported on. Or even if that column could be added to the existing Fixed Asset report to add in.

    IR10 requirement - Businesses must now record the total value of assets they have claimed Investment Boost for in Box 60 ‘Total value of Investment Boost asset(s) being claimed’.

    49 votes

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  15. Disposals - Stuck at "Show Summary" - When disposing of an asset and you have not rolled back depreciation to the prior-financial year , only the prior-month; it would be helpful to the user if (1) an "error" message prompting the user to roll-back depreciation back to the prior financial year in order to proceed (2) the user would receive the error message at the time of pressing the "Show Summary" button . At the moment, if the depreciation was not rolled back far enough, the "show Summary" button remains on the screen with no prompt / no message as…

    1 vote

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  16. Add tab toggling over 2 windows so that one can make back-end amendments and go straight back to reviewing an accounting report.

    To supplement month-end/year-end review and sign offs, add a feature for Review Comments and Tracking.

    1 vote

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  17. Iou'd like to see report codes made available to non-partner users.

    1 vote

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  18. New Zealand Inland Revenue Department requires reciepts to be signed by an authorised person. . This does not appear to be possible possible with Xero at present by inserting an electronic or jpeg signature. With a significant number of receipts our charity issues this can only be done manually and a scanned copy sent.

    2 votes

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  19. When running reports, for the date range within the drop down, have 'last tax year' and 'this tax year' as options. Similar to the this and last financial year.

    Makes running reports for dividends, trivial benefits, payroll etc, much faster and better flow of information for accountants and clients.

    Should be a simple task for xero and will have a positive impact on all users.

    21 votes

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    Hi Everyone, thanks for supporting this idea. It sounds like you're referring to how you can apply a date ranges to reports?

    Most reports in the UK version of Xero already allow you to set a range from the drop down, such as last/this month, last/this quarter, last/this financial year.

    Is there a specific report where you're not seeing this option?

  20. The Tax summary table in the tax return needs to show the 7th May provisional still owing as seperate to the remainder being due for terminal 7th April. Currently itt is grouped all in terminal meaning it is incorrect as doesnt show clients they need to pay an amount a year earlier

    1 vote

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