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Reports & tax

Customer ideas for reporting, analytics, fixed assets and tax

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Reports & tax

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928 results found

  1. On Drafts there would be say 10 lines which is actually all for the same asset.

    Say I am building a product store. Using 10 different suppliers. Store, Erection, Floor, Building inside etc. I want to map all those together and register as 1 asset when done. This way the auditors see the whole store as one asset. Not 10 lines that I must show them. For instance "Thats the floor in that storage building"

    22 votes

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     ·  2 comments  ·  Fixed Assets  ·  Admin →
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  2. Most companies have different treatment of accounting depreciation and tax allowances on the same assets. Having these setup and maintained in Xero would be a game changer.

    Also: make FAR export dates sync up with regional settings - it's enormously frustrating having a FAR download in MM/DD/YYYY when one works in example DD/MM/YYYY

    22 votes

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     ·  5 comments  ·  Fixed Assets  ·  Admin →
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  3. The current Tracking Summary Report is quite inflexible. I'm unable to filter by Account Code, edit the report layout, nor save as a custom report. It would be good if this report design could be refreshed to include these features, and to bring the report inline with the newer style reports.

    21 votes

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    5 comments  ·  Reporting  ·  Admin →
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    We're grateful for your engagement and for letting us know the changes that you would like to see to the Tracking Summary report. 

    Our Community have reviewed your idea and now it can gain support from other community members.

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero.

  4. Small Business Corporations (SBC's) can, under certain circumstances, depreciate assets in a 3-year schedule as follows:

    • 1st year: 50%
    • 2nd year: 30%
    • 3rd year: 20%

    See the attached document, under 4.2.

    Currently, this is not possible (I checked with Support).

    I expect this to work within Xero, as it is a regular tax rule in South Africa.

    Adding this schedule for South Africa would be extremely useful and important, as we now have to do the depreciation outside of Xero.

    21 votes

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     ·  4 comments  ·  Fixed Assets  ·  Admin →
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  5. The ability to transfer any one year budget or overall budget to another year
    This will facilitate annual budgeting as you don't need to start from scratch

    21 votes

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     ·  2 comments  ·  Budgets  ·  Admin →
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  6. Manual Journals - Export multiple journals

    Allow users to export all manual journals at once either in PDF or to excel format

    21 votes

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  7. Contacts report that shows contact details (name address etc) and Activity in last Financial Year.
    This would assist in cleanups of multiple contacts / old contacts etc.

    21 votes

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    13 comments  ·  Reporting  ·  Admin →
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  8. Reporting - Account Transactions - Group by Contact Group - Aged Receivable Transactions

    When I run the Account Transactions new report with Grouping as Contact Group, the option to add opening and closing balances is blocked. Is it possible to enable this so that we can use the report in lieu of a monthly activity statement for the Group.

    21 votes

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     ·  7 comments  ·  Reporting  ·  Admin →
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  9. Filter history and notes by Action and display sales invoice number. Enable the report to export the to Google Sheets/Excel.

    21 votes

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  10. Can we please extend the budget manager period from 12 months to more than 3 years or whatever is possible? The data in the budget manager does not go beyond 12 months and if the budget is to be changed after a year of upload it doesn't have such access.
    When working for a movie/film-making company the budget runs for more than 12 months and it needs to be changed time and again. But Xero doesn't have such an option which makes it impossible to get an accurate variance.
    It would be great help.

    21 votes

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    12 comments  ·  Budgets  ·  Admin →
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  11. Reporting - to run a report that can show payment information (eg. paid date) and reference/item information.

    A report under cash basis does not show the reference that I put on the invoice reference or the item information chosen in the invoice, it is really hard to search receivable payment based on the information I need (PFA).
    A xero support specialist explained that because there is no reference on the payment, I can only search by Contact name or invoice number. But, when we do reconciliations to match the bank received with the invoice, there is nowhere to add an…

    21 votes

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     ·  8 comments  ·  Reporting  ·  Admin →
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  12. Need a warning message when a CIS Return has changed from the original amount submitted, to enable the user to know that an amended return neds to be submitted.

    21 votes

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     ·  4 comments  ·  Tax filing  ·  Admin →
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  13. New Tracking Report has no summary option - the existing summary option will be retired in November meaning more work will be involved in manually working out the summary balance for each tracked item. Please give a summary option similar to "old" report that is being retired.

    20 votes

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    1 comment  ·  Reporting  ·  Admin →
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    Hi everyone, thanks for your feedback on the new Tracking Report. We appreciate you sharing how important summary and grouping functionality is for your workflows.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  14. I would like to see the ability to customise the Fixed Asset Schedule. Currently it defaults to alphabetical order. In order for us to display the Fixed Asset types in a more logical order we need to name the fixed assets 1- Land, 2 - Buildings etc. We cannot add page breaks either which would be appreciated. We should be able to Edit the layout as we can with the other reports.

    20 votes

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    0 comments  ·  Reporting  ·  Admin →
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  15. Why doesn't Xero display the currency symbol (like a $) in any of the financial reports like Balance Sheet, Income Statement, etc.? We get only the plain numbers without knowing they are in U.S. dollars (in my case) and make these basic financial reports harder than necessary to read.

    20 votes

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     ·  2 comments  ·  Reporting  ·  Admin →
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  16. Currently we create a budget for each tracking category (department).

    I have created a custom report which includes the budget for each category. I then use the formula function to sum the budgets together.

    I only want to see the formula column in the report outputted. (I realise that columns can be hidden when data is exported to Excel)

    I understand that there is not a way to show a formula column without all the individual budget columns.

    Enhancement suggestion: include a radio button for each column to hide/reveal that column in the report

    20 votes

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     ·  4 comments  ·  Reporting  ·  Admin →
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  17. In the Business Snapshot all of the comparatives are to previous year. In a startup this isn't meaningful as prior year balances are nil, but month-to-month or quarter-to-quarter comparatives would be super useful. In established businesses also, monthly and quarterly comparatives can be very useful.

    20 votes

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     ·  6 comments  ·  Reporting  ·  Admin →
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  18. 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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     ·  4 comments  ·  Fixed Assets  ·  Admin →
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  19. Many of my clients are partnerships and trade using the partners initials e.g. J & J Doe but on their reports it displays as %26 and on emails that they are sending with sales invoices, it displays as "& amp;" meaning that when I save reports or they send their invoices, this has to be changed. Having worked in a software house previously, I know that this is a programming issue and one that should have a relatively simple fix so can you please look at this.

    19 votes

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     ·  1 comment  ·  Reporting  ·  Admin →
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  20. existing threshold for Xero fixed assets is 500 - increase this to 5,000 to avoid having to use a separate app (which are clunky / expensive) to manage fixed assets

    19 votes

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     ·  0 comments  ·  Fixed Assets  ·  Admin →
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