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Reports & tax

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Reports & tax

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  1. I propose adding contact account numbers to account transaction reports in Xero. This enhancement will enable users to easily link and reconcile transactions with specific contacts, even when working with downloaded data in formats like Excel.

    By incorporating contact account numbers in account transactions reports, users can streamline transaction reconciliation. This feature simplifies the process of cross-referencing transactions and contacts, particularly when utilising downloaded data outside of Xero.

    For instance, users can streamline the process of running annual donation receipts by downloading the "Contacts" and "Account Transactions Report". By linking contact account number, contact names and addresses from the contacts…

    33 votes

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    14 comments  ·  Reporting  ·  Admin →
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  2. As payments are applied to invoices or bills, you can't see the description detail on a cash basis report (no problem with an accrual detailed general ledger though).

    The old general ledger (export function) enabled you to see the description on both accrual & cash.

    Seems illogical?!

    33 votes

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     ·  4 comments  ·  Reporting  ·  Admin →
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  3. Can we please add a budget column to the statement of cash flows report. I find this report (once customised to reveal all account codes) very useful for showcasing cash received vs spend on taxes, assets, liabilities and business expenses. To be able to set a budget in the budget manager for cash flow will save hours preparing manual cash flow forecasts outside of xero.

    33 votes

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     ·  6 comments  ·  Reporting  ·  Admin →
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  4. The template for importing journals is setup tax inclusive, but once imported, Xero defaults to tax exclusive and a journal including tax transactions therefore doesn't balance until you go into the draft journal itself and change back to tax inclusive!

    Would be useful to be able to globally set whether imported journals are tax inclusive or exclusive. Presumably in the "Tax Defaults" section of Financial Settings.

    33 votes

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  5. Ability to add annual budget as one of the fields in the Account Transaction report.

    Purpose: To get a better figure of how much an organisation has spent.

    33 votes

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     ·  3 comments  ·  Reporting  ·  Admin →
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  6. The ability to report on items sold each month (by quantity) on a month by month basis

    Purpose: Users can easily run a report to see how many items customer buy this month, then they can also easily print it

    33 votes

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     ·  11 comments  ·  Reporting  ·  Admin →
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  7. Hi Xero Team,

    We are in the process of registering Xero as our Computerized Books of Accounts with the BIR. In line with this, we would like to share some suggestions that may help Xero meet the BIR requirements.

    For report generation, it would be helpful if the footer could include:

    The type of book,

    A timestamp and date,

    The name of the person who generated the report, and

    The software version number.

    At present, the footer only shows the date and type of report. Adding the generator’s name, exact time, and version number would make the reports more aligned…

    32 votes

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    6 comments  ·  Reporting  ·  Admin →
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    Thanks for sharing your idea, and letting us know the changes you would like to see to the headers and footers of your reports. We've reviewed your idea and now it's up to the community to get behind and support it.

    Please note Xero operates on a continuous delivery model, which means we're constantly updating and improving our software. Unlike traditional software Xero doesn't have version numbers or release dates so we are unable to provide this information.

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

  8. Get rid of (or just hide) "Tracking Transfers" when printing PDFs of manual journals. Seeing descriptions are more important than the background tracking.

    32 votes

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     ·  17 comments  ·  Reporting  ·  Admin →
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  9. Ability to change Fonts in reports. Each firm is unique, and have ways to express themselves. We have always used a particular font for all our correspondance.
    The XERO reports look the same for every firm. Adding the options for fonts, size, colour will allow firms to be slightly different.

    32 votes

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     ·  9 comments  ·  Reporting  ·  Admin →
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  10. As an accountant I use a trial balance for every file I open.
    Can the trial balance be set as a standard report/ automatically added to favourites in the accounting option or each user be able to chose a standard group of favourite reports for all clients - Pain having to go into each new file i access and add to my favourites.

    32 votes

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     ·  7 comments  ·  Reporting  ·  Admin →
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  11. The filter right now only allows to select all or select/deselect some, but sometimes it would be easier to be able to just exclude something (an account, a group of accounts, a contact, an invoice etc).

    32 votes

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    12 comments  ·  Reporting  ·  Admin →
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  12. Please consider adding more customisable options for the financial statements as they do not look professional when compared with Sage Handisoft reports (for instance).

    Just to start off, there should be an option to remove the horizontal lines across the page on each account and heading, change indentation, font & in particular font size. The font size is so small it should be close to double that!

    32 votes

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    7 comments  ·  Reporting  ·  Admin →
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    Thanks for your valued feedback here everyone. Considering elements mentioned we wanted to highlight Report styles which are available to Xero Partners through Reports in Xero HQ.

    With Report styles Partners can now set logos, change the colour of report titles and size of the font in reports, across client organisations.

    We appreciate there are other improvements mentioned that you'd like to see capabilities expanded too and will continue to track the interest and share any more improvements of this with you all.

    Connect with your Xero advisor, or find one that can best help with your business needs here.

  13. Fixed Assets - ability to have a negative fixed asset for when an asset has devalued and the revaluation is therefore negative.

    32 votes

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     ·  8 comments  ·  Fixed Assets  ·  Admin →
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  14. Domestic Reverse Charge vat has been introduced in South Africa for precious metal supplies and allied products. Please could this feature be added to the SA Xero?

    32 votes

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     ·  11 comments  ·  Fixed Assets  ·  Admin →
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  15. Currently the SB Pool Detail report contains a large number of columns and the report appears cramped and difficult to read due to the smaller font size.

    It would be helpful to have the ability to change the column order and remove excess or un-needed columns, as is possible for the other tax and accounting depreciation schedules.

    31 votes

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     ·  7 comments  ·  Reporting  ·  Admin →
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  16. I really need to add notes to the Budget Manager fields to explain (as much to aid my own memory as anything) how I calculated the amounts in each line for each month. This will be helpful when the budget is interrogated at Board meetings and I can easily reference what was included in the expected income or expenditure figures for a month. Xero has this facility in other financial reports, but it is desperately needed in budget manager.

    31 votes

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     ·  5 comments  ·  Budgets  ·  Admin →
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  17. So annoying that my published reports remove decimals points every time. PLEASE MAKE THIS CHANGE. Published reports should be saved as is!!! Do not modify my published report XERO! We produce hundreds of these reports every month and have to keep adding the decimal back. This is driving our firm insane!!!

    31 votes

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    7 comments  ·  Reporting  ·  Admin →
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  18. I’m honestly quite dismayed by the recent update to the Manual Journal interface for NZ clients in Xero.

    I’m finding the new layout a little difficult to work with. In particular, there seems to be quite a lot of space allocated to the amounts section, while the Account Title and Description columns have less space. I think the interface would be more practical and easier to read if the layout could be made more compact, with more space allocated to the Account Title and Description fields.

    Additionally, the date format appears to follow the US/American standard rather than the New…

    30 votes

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    Thanks for your feedback, Elma. Our product team is paying close attention to this and exploring ways to improve the experience for users working on smaller screens or using split-screen layouts.

    The Account and Description columns are responsive, so widening your view will expand these columns and provide more visibility. We understand, though, that this may depend on your individual setup and processes.

    I’ve updated the title of your idea to reflect your request for a compact view, which will help us track interest in this improvement.

    Regarding the date formatting, dates in manual journals are localised. We recommend checking your browser’s default language and region settings and, if needed, updating them to match your location. For example, selecting English (New Zealand), English (Australia), or English (United Kingdom) will allow you to enter dates in the DDMMYYYY format.

  19. It would be beneficial to add an option for the projects to the manual journals

    30 votes

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  20. Like Sage I would like every item to have the VAT return Date and month it was recorded on attached to it and if/when it was adjusted which return the adjustment was submitted on as well.

    30 votes

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    Thanks so much for sharing this idea, and to everyone who’s added their thoughts and votes.

    We can see why having a clearer view of which VAT return a transaction was included in would be helpful, especially when reviewing bills, invoices, and adjustments.

    We’ve moved this idea to Gaining Support so we can keep listening and better understand the demand for this improvement. If this would make a difference to your workflow, please keep the votes and examples coming — they really help our product team understand the impact.

    We’ll continue to share updates here as we learn more.

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