Enter your idea

This is such an obvious feature to reconcile all the extra costs with one asset rather then several assets.

Still no update on this?

it is critical to add second elements

The purchase of machinery can incur several individual costs such as having the asset delivered and these at present would be a separate asset.

This is critical as often the purchase of machinery will come with separate invoices for delivery of machinery and other costs that can occur

This is Critical as its the basic management of Accounting for Assets.

Hi Xero Support Team,
I have a question regarding the Fixed Assets module.
I need to capitalize a repair/upgrade invoice that increases the net book value of an existing registered fixed asset. Technically, this subsequent expenditure belongs to the exact same asset account (e.g., Computer Equipment), and I want it to increase the carrying value of the original asset rather than showing up as a completely separate item in the register.

Is there a way to link or merge this new bill/cost directly into the already registered asset? Thanks for your help,
Petra

Come on Xero. This is basic functionality for accounting software..... you should honestly be ashamed that you build financial software for accountants to use and then blatantly ignore or drag your feet on giving them basic functionality that they require, that historical software platforms easily provided.

This is extremely important. The ability to combine two existing assets together is also similar to this.

Yes, will definitely help to identify assets that belong together

yes, definitely needs doing please.

Please get this done Xero.

its about been professional

Agree with everybody below. We do not need more beautiful invoices. We need a Fixed Asset Schedule that works efficiently...

We have been asking for this for years. Here's a thought:

One area in Xero that continues to cause frustration is the Depreciation Schedule.

When preparing annual accounts for clients, we can customise most of the reports to make them clear and professional. The exception is the Depreciation Schedule. This report cannot be adjusted in the same way, which often means we have to use awkward workarounds that does not present as well as the rest of the accounts. If we were able to group assets within the depreciation schedule, we could then at least make it look slightly more in line with the rest of the report.

This has been raised by accountants and bookkeepers for years, but it always seems to fall to the bottom of the list. It may not be the most exciting feature request, but it is a really important one for those of us preparing client reports. Although not a final solution - we still need a better way to manage fixed assets - it will help towards making the annual reports look more professional.

Please allow the Depreciation Schedule to be customised in the same way as other reports in Xero.

just common sense

This really needs to be added. It is hard to see the total investment in one property and I need to manually track which Xero assets belong to the same property.
Or at least add the function to group assets.

The additional cost of the asset eg transport, solicitors fees to all be included with the cost of the asset rather than a separate asset for each item.

I was able to do this with my previous software program and it does look more professional!

Critically important and should be an easy development to implement.

This is Basic Accounting System functionality. Should/would be a really easy fix for XERO and it is extremely disappointing this idea has been left sitting in the ideas basket for so long. Come on XERO