Show Depreciaiton in Cash P&L report
Show Depreciaiton in Cash P&L report;
A Cash Accounting P&L is NOT a Cash Flow statement. Xero is targeted towards Small Businesses who legitimately use Cash Accounting, but the P&L doesn't include Depreciation, and importing into Xero Tax also excludes it. This is fundamentally wrong.
Xero cannot do Basic Accounting. I would think you would want to fix this. But no.
Pretty poor to close this issue to comments because you don't want to do it right now. Couldn't you leave it up to garner more support? It can only be a lack of awareness that more Accountants don't complain about this.
Nick Munro
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