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Reports & tax

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Reports & tax

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127 results found

  1. Ability to add project snapshot in Xero Dashboard.

    Purpose: users’ can easily view the snapshot of Project from their Xero dashboard, rather than having to go through pages.

    23 votes

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     ·  2 comments  ·  Tax filing  ·  Admin →
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  2. Ability to allocate expenses to multiple accounts in Xero.

    Purpose: To make users easier to assign expenses when it’s related to different account types in Xero.

    8 votes

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     ·  3 comments  ·  Tax filing  ·  Admin →
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  3. Ability to get a single donation tax receipt for a year.

    Purpose: Save time collecting Donation Tax Receipts for reporting

    29 votes

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     ·  20 comments  ·  Tax filing  ·  Admin →
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  4. Ability to produce accurate Vat reports suitable for the Irish Revenue Commissioners.

    Purpose: Irish users can file their VAT easily using Xero.

    53 votes

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    24 comments  ·  Tax filing  ·  Admin →
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    Hi everyone, thanks for your interest and good to see how we can be expanding capabilities for our users across the world.
    While we don't have plans of developing this in Xero, we have recently partnered with Parolla to offer a connected plug-in to your Xero organisation at no additional charge to users with an Ireland based org.
    Connected to Xero, Parolla will generate VAT3 returns for direct upload to Revenue Online Services, as well as generating Single Euro Payments Area (SEPA) compliant payment files - Find out more here

  5. Ability to enter VAT scale charge on VAT returns.

    Purpose: To easily enter and calculate VAT scale on charge in Xero.

    10 votes

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     ·  0 comments  ·  Tax filing  ·  Admin →
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  6. Ability to add item 7A to track deferred GST

    Purpose: Because many organisations import goods and defer GST.

    18 votes

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    5 comments  ·  Tax filing  ·  Admin →
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    Hi everyone, thanks for the idea and support here. We appreciate all the valuable feedback and ideas shared regarding adding item 7A to the Business Activity Statement.

    We understand that the ability to easily track deferred GST is crucial to your workflows.

    Currently 7A on the BAS is a manual field, which does not update the figures on 1B. To adjust for this, we recommended the following workaround:

    1. Enter the original purchase as BAS Excluded.
    2. Once you have the Customs Entry form N10, you're entitled to claim a GST credit. Create a Bill with the value of the Deferred GST showing on the N10. Code this to your GST account (820 in the default Chart of Accounts) using the tax rate GST on Imports so that it shows separately in the Transactions by BAS field report and gets reported under 1B. You'll still need to manually add the Deferred GST…
  7. Ability to automatically calculate Fuel Tax Credits in the Business Activity Statement.

    Purpose: It can save user’s time when calculating fuel tax credit, rather than doing it manually.

    62 votes

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    22 comments  ·  Tax filing  ·  Admin →
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    Hi community, we appreciate the interest this idea has received. Sorry we haven't engaged with you on this idea sooner.

    We understand being able to efficiently track and calculate fuel tax credits is important to you all who've supported this, however we want to be transparent that this isn't a feature we're looking to develop in the near future.

    If you haven't already found a means to track this I wanted to share a method that could help. In Xero you could create untracked Inventory Items for each fuel type. When you enter purchases for fuel, you'd select the appropriate item, entering the number of litres into the Qty field, and the price per litre into the Unit Price field.

    You could then use the Inventory Summary report to view the quantity of the fuel purchased during a date range.

    If there are any changes around this we'll share with you…

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