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Reports & tax

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Reports & tax

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24 results found

  1. Hi,

    Most softwares have included on the GST reconciliation report page a toggle button to switch between cash vs accrual reporting on the GST reconciliation report page which makes it a lot easier for accountants to run the reports on either a cash or accruals basis.

    It is very time consuming having to switch it in the financial settings each and everytime and also means that if it does not get switched back to applicable setting if the client lodges a BAS they may inadvertently lodge on the incorrect basis, meaning more time for accounts to identify and correct.

    Thanks

    25 votes

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    1 comment  ·  Reporting  ·  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.

    Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂

  2. Hi Xero,

    Please resolve or better handle the CMN.ATO.AS.EM058 validation error when lodging BAS amendments through Xero Tax.

    We are encountering situations where a BAS amendment is rejected with a PAYG-W related validation error despite:

    -No PAYG-W labels being completed in the BAS
    -No PAYG withholding amounts being reported

    Xero Support has advised that this is caused by an ATO validation check incorrectly triggering for PAYG withholding obligations and that the current workaround is to either:

    • Skip pre-lodgement and lodge directly to the ATO, or
    • Lodge the BAS amendment through the ATO Portal instead of Xero Tax.

    Please fix the…

    19 votes

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    1 comment  ·  Reporting  ·  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.

    Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂

  3. Create a report that includes Sign Status. However, when I try to set it up, the only option available in the dropdown is Client Status.

    I would like Sign Status to be added as a selectable field in the report filters to make the report more useful and easier to manage.

    9 votes

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    0 comments  ·  Reporting  ·  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.

    Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂

  4. Would like to be able to change the Effective life/depreciation rate of a fixed asset in future years without affecting historical figures.

    5 votes

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  5. Please create a customer list report with options to list the fields in the contact details. The export sucks because one cannot filter it or choose the fields to export.

    2 votes

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    Hi Suzette, are there any specific contact details that you would be looking to get in a report? If you can share a little more on your use case this will help when sharing back with our product teams. Thanks!

  6. Have the ability to have separate reports for codes and prices for Billing items that is under Purchases and not lumped in with the Sales codes.

    Not enough filter flexibilty within to see only those that you require to look at or amend without getting everything.

    Not all purchases for bills are sales items for invoicing

    2 votes

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    Hi Deb, we'd like to get some more information around this idea so we have a clear picture of what you asking for and what you currently experience. There are reports available that you can run for one account (purchases) without running a sales invoice report.

    Once we have this information we can review this idea fully. Thanksagain.



  7. Improvement on the customer invoice activity report to enable you to filter and pick just customers so you can run a report by month and by year detailing how much you have invoiced each customer in a period.
    Currently you have to pick only one contact at a time which doesn't work and not efficient

    2 votes

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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.

    Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂

  8. Could we add a calculator button in the budget manager cell to do a calculation?

    2 votes

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    0 comments  ·  Budgets  ·  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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  9. For small business users in UK who have been submitting their corporation tax returns to HMRC and Companies House using the HMRC online filing service, can we have that functionality in Xero, please? Now that the online filing service is closing, we are stuck with a choice between other filing software (expensive) and paying accountants to file for us (even more expensive). It would be great if Xero could pick this one up, so we can file direct from Xero in the same way as for VAT returns - covering both HMRC and Companies House (including iXBRL) requirements.

    2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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  10. 2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi Jay, thanks for bringing this Idea to us. We do need more information on which Tax Authority you are asking for this to be added too. As Xero covers the Globe we do need specific details so we can review the Idea correctly. Currently we have assumed this is about US tax authority as you are a US customer but if this is not correct please give us more details so we can adjust accordingly.

    This will also allow other to see if the tax authority is the same as theirs so they can vote.

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

    2 votes

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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

  12. At present, fixed asset depreciation in Xero follows standard monthly periods, which can make it difficult to align depreciation expense with businesses that report on a 4-4-5 calendar. Allowing users to override depreciation period dates would improve accuracy, reduce manual journal adjustments, and make the module more practical for retail, hospitality, and other businesses that use non-standard reporting cycles.

    1 vote

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  13. On the Manual Journal Entries main screen show a number next to the Draft tab to alert user of how many draft entries there currently are. We see the number of Bills in Draft tab, it should be the same for journal entries on this new view.

    1 vote

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  14. It would be useful to be able to archive individual tracking category options when these are 'spent'. At the moment we have to rename them, as that's the only option available.

    1 vote

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  15. I would like an advance schedule for medicare levy to check through whether they were full time in the defence force or foreign person etc.

    and a schedule for medicare levy surcharge to input the date periods + to confirm if spouse/dependents had private health insurance

    1 vote

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  16. Why ever would Xero engineers by design, put unrealized gains on a P&L report? I cite The Bank Revaluations account. Even if just for management financial reports, a bank account is an asset and a revaluation is simply to show this value at a point in time.The Bank Revaluations account should be on the balance sheet in the asset section, but even with that said, bank accounts in Xero for client with multi-currency already reflect the correct valuation on a Xero client balance sheet!
    Unrealized gains and losses are simply that, Unrealized.
    I raise this point because Xero small businesses…

    1 vote

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  17. It would appear that Xero payroll does not include a facility to enter a MTD ITSA category. When running the MTD quarterly report the employee costs do not therefore link.

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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  18. In the Cash Flow Manager overview, include the option to filter based on the AI projection for 'cash in' including the overdue receivables. The AI projection is available on the 'cash in' tab, however, that tab doesn't include subtotals (like the overview tab does and this is very helpful) and also doesn't include the ability to filter by the AI projection. Both would be very helpful.

    1 vote

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    Hi Liz, thanks for raising this idea with us, Im happy to say you can actually filter the Type column to deselect the Predicted items as desired, however I need to get some more information from you around the subtotals in this section. I f you can be really clear on where you would want to see the subtotals so we will then be able to review the idea for the team.

  19. Both the 'Finalised' and 'Filed with IR' boxes are the same colour, and both pieces of text start with 'F'. Twice, I have experienced glitches where I file the return with IR, it appears to have been submitted, but the status simply changes to 'Finalised'. Would it be possible to change the colour of one to a different colour, to help highlight the different states? Or change the text from Finalised to something like 'Approved/Ready to Submit'. I understand this is minor, and partly user-based, but I do think it could be helpful. Thanks!

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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  20. Need to be able to exclude non-tax clients from the tax payments report when they are only included because they have a beneficiary schedule in their family trust. Many beneficiaries of trusts are not tax-clients.

    1 vote

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