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Reports & tax

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Reports & tax

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90 results found

  1. Would be fantastic if when a fixed asset purchase is recorded and a document is included with the transaction, this document is also recorded in the draft fixed asset window. This would help as reference when moving the asset from draft to registered.

    10 votes

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     ·  1 comment  ·  Fixed Assets  ·  Admin →
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  2. It would be great to be able to filter the fixed asset list by the various categories but especially by asset type.

    For example, I have 500 assets and am trying to pick out just the Office Equipment to dispose of 30 assets, but I am having to search for each individual asset rather than just look at a list of the Office Equipment.

    4 votes

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    1 comment  ·  Fixed Assets  ·  Admin →
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  3. Have a choice of rounding depreciation calculations up to the nearest dollar and reporting $ only in the depreciation schedule and other fixed asset reports.
    Currently it rounds to the nearest cent.. This does not suit our requirements and so have to prepare our own depreciation schedules outside of Xero

    5 votes

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  4. Occasionally when doing data entry in Fixed Assets we have typed a depreciation rate of more than 100%. It would be good if there was an error message preventing this.

    Thanks

    3 votes

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     ·  0 comments  ·  Fixed Assets  ·  Admin →
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  5. Ability to dispose of multiple fixed assets at once.

    Purpose: To save users’ time, because the current process is users need to dispose assets one by one.

    424 votes

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    Hey everyone, thanks for all your valuable feedback and support on this idea here.

    It's nice to see tips being shared throughout this thread to help others managing multiple assets. The suggestion to group similar items (like office chairs or laptops) into a single asset with a quantity can be an efficient way to handle things. When you need to dispose of some, you can then perform a partial disposal by updating the quantity, which helps save a few steps.

    Wanting to share an update for you all, although I appreciate it will not be the news hoped for - Developing the capability to bulk dispose assets isn't on our current roadmap. We will keep an active eye on the support this continue to build here and be sure to let you know if anything changes here.

  6. To allow multiple Fixed Asset Changes to be made at once and also selecting multiple Assets to Register at once.

    Purpose: To save users time. Especially when dealing with large Asset Registers and users have to edit it one by one.

    113 votes

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     ·  44 comments  ·  Fixed Assets  ·  Admin →
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  7. Ability to revalue an asset in Xero.

    Purpose: Because some assets need to be re-evaluate. Especially for businesses that holds property with its value increasing

    133 votes

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    Hi everyone, we wanted to loop back on the outcome of the survey we did. Our product team have used this feedback, and looked into building this feature but at this stage want to confirm that this work is not currently on our roadmap.

    As a global business with many requests for our different regions and needs, we are not able to build everything at once. 

    We appreciate this is not the news you’d like around this but do want to be upfront with you all here to help you make the best decisions as needed for your businesses. If things change, we’ll communicate this with you through the idea here.

  8. Ability to handle reverse charges for VAT EU in Xero Global edition.

    Purpose: It’ll save users time instead of having to use third party API or creating a second line with a negative amount.

    43 votes

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     ·  20 comments  ·  Fixed Assets  ·  Admin →
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  9. Feature where users’ can include addition to existing assets.

    Purpose: To save users’ time rather than having two create two different assets in Xero.

    144 votes

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     ·  26 comments  ·  Fixed Assets  ·  Admin →
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  10. To have the ability to account for depreciation on both business and private portions of an asset.

    Purpose: Save time for users to get the correct figures rather than going through manual process.

    277 votes

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    Hi team, we’ve seen a lot of support for this idea, and acknowledge why you’d like a simple way of reflecting if part of a fixed asset is used privately.

    As Xero doesn’t currently offer a built-in way to allocate depreciation between business and private use I wanted to re-highlight from our last update how this can be recorded -

    Currently you could post manual journals to record the private use apportionment of a Fixed Assets depreciation.

    If you're using Fixed Assets in NZ it's possible to set up an asset and apportion a % for private use. However, it's important to note that it's not possible to apportion the private use depreciation of an asset prior to using Xero. In this case when you sell the asset a manual journal may be needed to correctly state the private use.

    At this time, we want to be upfront that our…

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