Enter your idea

Summary of the problem

Xero financial statements currently do not offer the ability to round figures, resulting in rounding discrepancies between the primary financial statements and supporting notes. This creates unnecessary reconciliation work and can lead to frustration and additional queries from external auditors.

How I’d use the feature

Introduce an option to round financial statements and all supporting notes consistently, allowing users to select either exact figures, nearest dollar or nearest thousand dollars. Rounding should be applied consistently across all statements and notes to ensure figures reconcile.

Impact on my business

This would save significant time during financial statement preparation, eliminate avoidable rounding discrepancies, reduce audit queries and improve the overall presentation and professionalism of financial reports. It would be a simple but highly valuable enhancement to Xero's financial reporting functionality.

A solution to be able to round the reported numbers by a number of digits would be very handy. Would save time (exporting to excel and making changes there).

This is an obvious requirement. Otherwise reports are always needed to be replicated in excel etc.