900 results found
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Managed Fund Schedule for Company Tax Returns
Please add a managed fund schedule to the company tax return workpapers, similar to the schedule available for individual returns. This would provide a structured way to enter managed fund distribution components and automatically populate the relevant sections of the return, reducing manual calculations and improving accuracy.
4 votesHi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
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Trial Balance - Option to display Trial Balance report in a single-column format
Instead of a trial balance in two columns (debits and credits), have a single column trial balance that sums to zero. This is possible in the comparision columns, but for some reason not in the current period.
3 votesThanks for bringing this to the community. We understand the request to have a single-column Trial Balance that shows the net balance for the current period.
I’ve updated the status to Gaining Support so we can continue tracking community interest. If this could help your workflow, add your vote and share which reporting or import processes you’d use it for.
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Reporting - Ability to change the presentation or base currency at a report level
Ability to run detailed transaction and other reports translated to another currency.
When you are running a multinational business, the ability to convert all data back to 1 currency for reporting is invaluable. Though the entity may trade in one currency, being able to report in another is also important.
Also, looking at the detailed transactions for analytics is important but difficult when it's in a foreign currency. Having a multicurrency TB for export/import and reconciliations would also be handy.
11 votesHi team, we appreciate all the engagement so far. We understand that when you’re working with multiple currencies, being able to view and present reports in a different currency can make it easier to communicate results.
At the moment, report currency is tied to your organisation’s base currency, which means you can’t switch the presentation currency directly within a report.
For now, these reports and spreadsheet exports can help bridge the gap when you need converted views for reporting. We’re continuing to track interest here and share it with the team.
We’ve moved this to Gaining Support so others can add their use cases and help us better understand how this feature could add values.
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Fixed Assets - Intangible Assets with dedicated Amortization schedules
It would be useful to be able to add intangible assets to the Fixed Asset Register and actually have them classified as intangible assets on the register, rather than everything being classed as a tangible asset as it is currently. Then you could expand on this and allow setting for annual impairment write-offs or amortisation policies.
9 votesHi Jake, thank you for bringing this suggestion to the community. We understand why having a dedicated way to manage intangible assets could be valuable, especially when you’re tracking items like software, patents, trademarks, or other non-physical assets. Keeping these records separate from physical fixed assets can help make reporting and compliance reviews much clearer.
Currently, Xero Fixed Assets is primarily designed around physical assets and depreciation.
One option for now is to create custom asset types and map them to the relevant accounts in your Chart of Accounts. While this does not provide a separate amortisation workflow, it can help you keep these assets organised and track their values over time.I’ve updated the status of this post to Gaining Support so we can continue to gather feedback and votes.
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Foreign Currency - Balance Sheet and Accounts Payable Aging Report Do Not Reconcile
It is unacceptable that two standard financial reports within the same accounting system produce different balances solely because of the system's rounding method. Such inconsistencies create unnecessary complications during reconciliations, financial reporting, and audit processes.
Describing this as a software limitation does not address the underlying issue or its impact on users. Standard financial reports are expected to reconcile with one another, and the Accounts Payable Aging Report should match the Balance Sheet. Even a one-cent discrepancy requires investigation, explanation, and additional manual effort, undermining the reliability and efficiency of the system.
Financial reporting depends on consistency and accuracy. Users…
5 votesThanks so much for taking the time to share this idea and explain the impact it’s having for you.
We understand how important it is for standard financial reports to reconcile, especially when even a small difference creates extra work during reconciliations, reporting, or audit review. We can absolutely see why this matters.
Your idea has now been moved to Gaining support so other customers experiencing the same issue can add their votes and comments. This helps our product team better understand how widespread the impact is.
While we can’t promise any specific changes or timing, please know your feedback has been captured and shared in the right place for visibility.
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Reports - Show account codes in a different column from Account Name
Need to seperate the Account Code & Account Description/Name into different columns on reports
7 votesHi Ian, thanks for bringing our attention to this. We can see how having account codes displayed in their own column, rather than combined with the account name, could make reporting easier to read and work with.
At the moment, account codes and names are shown together when the option is enabled in reports, and can be split manually after export if needed for further analysis.
I've updated the status of this idea to Gaining Support so we can continue tracking interest from the community. If there are particular reports or workflows where separate columns would be most useful, we'd love to hear more about them.
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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.
4 votesThanks 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.
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MTD for IT - Clients to be able to add multiple tax payers in Xero themselves
It's great that, as a Xero Partner, we can add multiple taxpayers to the same Xero licence for Making Tax Digital for Income Tax. This is particularly beneficial for situations such as husband and wife property owners who each hold a 50% share of a property.
However, not all clients choose to have their accountant manage their MTD submissions. For those who prefer to handle their own compliance, it can be frustrating that a second taxpayer cannot currently be added directly by the client within Xero.
Allowing clients to add and manage additional taxpayers themselves would be a valuable enhancement.…
4 votesHi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
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Profit & Loss report | Custom - Ability to format formulas
When using a custom Profit & Loss report in a set of Financial Statements, you are unable to format formulas to be in bold or underlined. It would be beneficial from a visibility perspective to have these in bold, so they stand out as formulas.
Can this be updated so to enable formatting at this level.
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Receivable Invoice Detail - Top Customers report to exclude overpayments
Suggested improvements to Receivable Invoice Detail - Top Customers report.
The definition of this report is attached. It provides a list of sales invoices and credit notes by contact.
If a customer has an overpayment on their account, the report incorrectly treats this cash payment as a sales credit note and reduces the customer's sales figure by the overpayment. Please can this report be corrected to only include sales invoices and sales credit notes? Thank you.
25 votesThanks for sharing your idea, Maeve.
We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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MTD ITSA Allow manual entry of Property Income
It would be extremely helpful if Xero allowed UK Property Income to be entered manually within the MTD ITSA return, rather than requiring transactions to be entered into the ledger or quarterly journals to be posted.
A common scenario is where a sole trader already uses Xero for their business but also has separate UK property income. Whilst it's possible to separate the figures using tracking categories, this still mixes business and property transactions within the same accounting records.
Allowing manual entry of the quarterly property income and expenses for MTD ITSA would:
- Keep business and property records completely separate.
- …
3 votesThanks for sharing this idea. We can see how allowing manual entry of UK property income for MTD for Income Tax would be desirable.
We’ve updated this idea to Gaining Support so we can better understand how many customers this would help and the different scenarios people need it for. If this is important to you, please add your vote and share any additional detail in the comments, especially how you currently manage property income outside Xero and where the current workflow creates extra work.
We’ll continue to review the feedback and keep this idea updated here as it progresses.
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bringing back the year-to-date view in the analytics chart
bringing back the year-to-date view in the analytics chart for net profit or loss
2 votesHi Amanda, just to confirm are you referring to the Xero Analytics dashboards? Or the Net profit or loss on the Homepage?
This'll help ensure I get your feedback to the right team. Thanks
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New Manual Journals - Improve tab key behavior when entering lines
The new manual journal has added more tabbing which takes more time and has started hurting my hand. We went from a whatever it was to 7 tabs to get to the same spot in each line. It is nice to have an option to copy the line to the next line and select with a space. That seems to have added one tab. I could take it or leave it as a tab. I don't need that as often. But do we really need to tab to the trash column. Are we going to use that enough to need…
5 votesAppreciate your suggestion here. We can see how more streamlined tabbing through fields in Manual Journals could support faster keyboard-driven data entry and a more consistent workflow.
We've moved this idea to Gaining Support so we can continue gathering interest from the community.
If there are specific parts of the tab sequence you'd like to see improved, please continue to share them here. That context is valuable for the team as they review this idea.
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Reporting - Header and footer customisation
Hi Xero Team,
We are in the process of registering Xero as our Computerized Books of Accounts with the BIR. In line with this, we would like to share some suggestions that may help Xero meet the BIR requirements.
For report generation, it would be helpful if the footer could include:
The type of book,
A timestamp and date,
The name of the person who generated the report, and
The software version number.
At present, the footer only shows the date and type of report. Adding the generator’s name, exact time, and version number would make the reports more aligned…
33 votesThanks for sharing your idea, and letting us know the changes you would like to see to the headers and footers of your reports. We've reviewed your idea and now it's up to the community to get behind and support it.
Please note Xero operates on a continuous delivery model, which means we're constantly updating and improving our software. Unlike traditional software Xero doesn't have version numbers or release dates so we are unable to provide this information.
Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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Fixed Assets - Ability to print reports from Fixed Assets screen
Be able to print reports from the Fixed Asset screen.
8 votesHi Leasa, if there is a Fixed Assets report that you'd commonly use you may find it useful to Favourite this report so it's readily available from the Reporting menu in the blue banner.
Do want to be open here that we don't have any near term plans for adding report options from within Fixed Assets. Thanks
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Recode Transaction - Ability to change tax treatment on transactions instead of remove and redo
It should be a straightforward matter of going into a transaction to change its status from GST included to GST excluded or no tax, instead of having to remove, redo, undo reconciling and then reconciling the whole thing again etcetera. Especially when there is a file attachment, this is a very awkward, convoluted operation. I daresay in MYOB it is very simple. Just check transaction report, find any faulty coded ones, correct, rerun report, done.
5 votesHey Margriet, thanks for sharing your idea, and letting us know the changes that matter most for you.
We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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Pool balance under asset limit write off when posting depreciation
Would be great if when posting depreciation and the pool balance is under $20,000 that it write the balance off without having to do a manual adjustment to the pool to clear it to nil.
2 votesHi 👋 your idea is being looked into by our Community team. We'll be in touch soon to update you once your idea has been reviewed.
Did you know you can join our Xero Research panel to be involved in early testing and research? Find out more and sign up through our website 🙂
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Fixed assets - Feature for auto recording trading of old for new asset
FA-0003
Original price : 9,565.22
Less: Accumulated Depreciation: 2,235.15
Book Value: 7,330.07
The business purchased new asset (actual value) 25,652.17
Less Trading in Value 6,956.52
Net Book Value 18,695.65
The trading in amount of $6956.52 was used againt the first asset, which had a book value afrer depreciation was 7,330.07.
Advise me how to dispose it off with trading value. This feature is not available in Xero1 voteHi there 👋, we appreciate you raising the idea with us here. There isn't a direct feature for managing these sort of Fixed Asset situations such as; where an old vehicle is traded for a new one. However, it's possible to process this within Xero using Fixed assets disposal, Bills and potentially Manual journals.
I see you've also been in contact with our Xero Support team for direct help on recording this - As they suggested we'd recommend connecting with your adviser if you're uncertain on how to best record this transaction in your organisation.
We'll begin to get a wider sense of interest of an all in one tool for these Fixed assets scenarios from your post here, however I want to be open that this isn't something we have planned in the short term. Thanks
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Budgets - Increase Budget Import CSV Line Limit
Please increase the limit of lines allowed in the budget manager import from 500. This is to save time from splitting the budget uploads into smaller files.
25 votesHi everyone, thanks for your feedback on increasing the CSV import line limit for budgets. We understand that the current 500-line limit means splitting larger files into smaller uploads, which adds extra steps to the process.
We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!
Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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CIS - Include verification codes on the CIS Suffered report
It would be a good idea to include verification codes in the Manual CIS Suffered report. It would allow a check before submitting the monthly report to HMRC.
2 votesThanks for sharing this suggestion. We understand the request for the CIS Suffered report to include the subcontractor verification code alongside the existing payment and deduction information.
This could make it easier to cross-reference subcontractor details when preparing and reviewing CIS returns.
I’ve moved this idea to Gaining Support so we can continue tracking community interest. If this would be useful, add your vote and let us know what you'd like to see included in the report.
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