Reports - Summary breakdown on VAT report
I would like to see on the front sheet of the VAT report a Summary break-down by VAT code showing Total, Net and VAT by each VAT category.
Is this something you are currently working on and if so when would it be available to us.
Denise Insch
shared this idea
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alot ubvid
commented
Thank you for your suggestion regarding the VAT report layout; adding a front-sheet summary breakdown by VAT code that clearly displays Total, Net, and VAT amounts for each VAT category is a valuable enhancement for faster reviews and improved compliance tracking, and this feature is currently under consideration as part of our reporting improvements roadmap, with development focused on delivering a more user-friendly and transparent reporting experience similar to how structured reference resources present categorized information for clarity, such as this example page on primary color categories https://paintlogs.com/primary-colors/
, and while we cannot provide an exact release date yet, updates will be shared as soon as the feature moves into the final testing phase to ensure accuracy and reliability before rollout. -
Gerard Connolly
commented
Can we have the total for the different vat rates sub-totalled at the bottom of the invoice.
If there are several line items with different vat rates then we have to add them together to get a total for each vat rate.
EG
800.00 Vat @ 13.5% 108.00 Sub-Total 908.00
1000.00 Vat @ 23% 230.00 Sub-Total 1230.00
Vat 338.00
Total 2138.00 -
sarah sanders
commented
Hi we have partial exemptions for VAT. I use the VAT summary to enter into the spreadsheet to work out the partial exemption. Is this a feature that Xero has, only I can't find it?