New Fixed Assets - Access for AU organisations that use pooling
Ability for AU orgs that use pooling in Fixed Assets to access the new Fixed Assets experience and make use of features like being able to attach a file to an asset.
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Justine Ellis
commented
Under australian tax law,you have to retain the documents to back up the tax treatment and depreciation of an asset. This idea was shared in Jan 25 - it is now October 26. The new asset functionality makes it very easy to remain compliant. However, when you need to use a small business pool and the asset functionality switches over to classic, you then are unable to attach a document. This causes a disparity between previously added assets in the new set up and having to store documents separately when it switches over to classic for the pool. Absolutely terrible bit of functionality to have left unattended to for almost 2 years.
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Sam Gray
commented
Idk Bao. Better to ask Xero Support: https://central.xero.com/s/my-cases
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Bao Lam
commented
Where’s my access gone?
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Sam Gray
commented
Hahahaha fmd! Xero removed a vital feature, knowing it was critical, and thus created a product idea 😂 you couldn't think up this level of humour!
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Alison Anstee
commented
In addition to attaching files to an asset, I would like to be able to see on the main screens, Draft / Registered / Disposed that the file is attached, just as you can see this in the Bills screen.
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Laura Wheeler
commented
Important to be able to attach a file to an asset so that for accounting, tax and audit purposes, there is a streamlined financial trail and there is no need to go searching for supporting documents.
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Diane Mathers
commented
Any idea when the Australian version will be available? Turning off tax reporting is clearly not a solution, and there is no other way to get rid of the pooling feature apparently. A major problem and poor advice received from Xero.