FIxed Assets - Manually adjust depreciation dates/periods
At present, fixed asset depreciation in Xero follows standard monthly periods, which can make it difficult to align depreciation expense with businesses that report on a 4-4-5 calendar. Allowing users to override depreciation period dates would improve accuracy, reduce manual journal adjustments, and make the module more practical for retail, hospitality, and other businesses that use non-standard reporting cycles.
Thanks for sharing this idea ⭐ We’re moving it to Gathering Support so we can gauge the level of interest from the wider Xero community in supporting custom depreciation periods, including 4-4-5 reporting calendars.
Feedback and votes will help us understand how broadly this functionality is needed, as well as the impact it has on businesses that use non-standard reporting periods. Please continue to vote and share any additional details about how this would help your business.