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Reports & tax

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Reports & tax

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1032 results found

  1. Quality of Life suggestion:

    At present, typing in a report name into the "Find a Report" search-box will only give you a return if you're in the correct tab (eg. searching from the 'Home' tab will not return any 'Custom' or 'Drafts' reports).

    I suggest that reports from other tabs be included, at least when searching from the 'Home' tab, with an icon/heading to distinguish the tab-origin of the report.

    (I appreciate 'Published' and 'Archived' returns could run into the hundreds, so perhaps a toggle/filter would suffice to omit/include those returns as desired)

    1 vote

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    Hi Jonathan, thanks for this fantastic 'quality of life' suggestion. We really appreciate you taking the time to detail not just the idea, but also how it could work in practice.

    We've reviewed your proposal to enhance the "Find a Report" search box so it returns results from all tabs – like 'Custom' and 'Drafts' – not just the one you're currently viewing. We can see how this would make finding the right report much faster.

    Your idea is now open for other members of the community to support and add their thoughts to. Along with votes, others can now comment on how a global search for reports, perhaps with the filters you suggested, would improve their own day-to-day workflow.

  2. IDEA - CIS suffered report to calculate the CIS suffered correctly.

    ISSUE - If you apply a credit note to an invoice that has both CIS labour and CIS materials, Xero does not calculate the CIS suffered correctly. Even though the credit note is coded to the correct nominal code, Xero doesn't recognise this. This causes the CIS suffered report to reduce the deduction amount which is incorrect. This means the figure you submit to HMRC is lower than it should be. Meaning less of a refund of CIS suffered than it actually should be.

    5 votes

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     ·  1 comment  ·  Tax filing  ·  Admin →
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  3. It would be extremely useful if we could view VAT on the dashboard of mobile phone app. Director only uses Xero on his phone so can never keep track of what VAT is due.

    3 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for your idea here, Sue. Understand how different details would be helpful for different users on the go through the Xero Accounting app.

    This isn't something we have plans for right now, but we'll continue to track the interest from your idea here.

  4. I would like to have the option to run an income statement with categories sorted by Descending/Ascending order and not just alphabetical.

    4 votes

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  5. Currently all reports can be Exported to PDF, Excel or Googlesheet. Please add an option to export to CSV. This file would not have report headings, just column headings.
    When exported data is to be imported into another system it is time wasting to have to remove the heading lines and convert the file to csv.
    Seeing that Xero requires all it's import files to be in csv, it's odd that this is not an option for the reporting side of things.

    7 votes

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  6. We would like to see the credit limits included in the Aged Receivables Details, as well as in the Summary. This way, when we are working with detailed reports, it will be easy to see if a customer has exceeded their limit without having to run a separate report.
    The amount could be placed as an extra column on the total amount of each client in the report.

    10 votes

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  7. Please include a "GST Calculation Worksheet" in the Activity Statement report for the new BAS experience based on the same format of the GST Calculation Worksheet which is included with the previous BAS experience.

    29 votes

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    4 comments  ·  Tax filing  ·  Admin →
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    Appreciate the feedback on the use you found with the previous worksheet. 

    With the newer BAS while there is no GST calculation worksheet, you can run a Custom Date report to get YTD figures, which can be accessed through the Activity Statement dashboard.

    Being open we don't have plans of adding the worksheet to the new BAS report at this stage, however we'll continue to get a sense of interest on this here and share if there's any change.  

  8. Fixed Assets - Tax Pooling Depreciation. Australia has a feature to put assets into pools and calculate depreciation. This would be very useful in NZ

    5 votes

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     ·  0 comments  ·  Fixed Assets  ·  Admin →
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  9. When a custom P&L is created it does not update if there is any change in the chart of accounts. For example, if we move a nominal from the P&L to the BS it will still show in the P&L if the custom report was created before the move. This is a major flaw and when raised with Xero we are told to just re-do the custom reports, some of which take a long time to do.

    7 votes

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  10. When a client changes their GST taxable periods (e.g. 2-monthly to 6-monthly filing) they often need to file a return for a non-standard number of months to align with their balance date (e.g. 4-month GST return). It would be nice to be able to change the GST period settings in Xero to allow for the non-standard GST return to be filed directly from Xero.

    5 votes

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     ·  0 comments  ·  Tax filing  ·  Admin →
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  11. The ATO has announced a Sharing Economy Reporting Regime Report (SERR) where all Sharing Economy businesses also known as 'EDP operator' (electronic distribution platform) also known as "Intermediary" are required to report twice a year. When will this Report be prioritised by Xero?

    1 vote

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  12. Name of user in account transaction list - Would it be possible that the username of the person who edited or created a specific transaction be visible when downloading the account transaction? This is to make it easier to track who updated the information.

    6 votes

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  13. Where have the GST due dates gone from the new GST Return layout?

    Also would it be viable for Xero to default no GST for transactions up to a certain date considering some businesses are registered from any point during a month.

    6 votes

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     ·  3 comments  ·  Tax filing  ·  Admin →
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  14. We would like the ability to transfer a GST refund to another tax payer. It can be done if we file online at IR and we would like Xero's GST return to file automatically with this feature. We have associated groups and have refunds that we want to offset against another tax payers GST to pay.

    15 votes

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  15. Allow the Aged Payables Report to be grouped by the Planned Date.

    2 votes

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    Hi Alison, while there's no direct option to group by Planned date in the Aged Payables Detail report atm, if you change Group to None, once run you can click the Planned Date column header within the report to re-order by this field and it'll group all payable invoices by Planned Date.

  16. Sometimes small buisnees is exactly that - a small business without the need for a robust accounting software, but with the requirement for annual online tax filing ability. Effective 2024 all Canadian corporations, with very few execptions, are required to file their corporate tax online.

    My understanding is Xero offers this option to UK Accountants & Partners only - not to small businesses.

    I suggest this option be made available to the small business that make up most of the country's enterprises. The Canadian government has decreed the online filing method is required from 2024. There are many accounitng programs,…

    1 vote

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    Thank you so much for submitting your idea and highlighting the changes that are important to you! We've reviewed your suggestion, and it's now live for the community to review, vote on, and support. Please share your idea with colleagues who would also benefit from this change so they can cast their vote.

    Other members can now also add comments to provide further detail on how your idea could enhance their experience.

  17. We run multiple branches out of one Xero ledger. We find the income and expenses by contact report very handy to track sales data, however it would be much more useful if we were able to filter by tracking catagory (for our instance we track branch locaiton).

    11 votes

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  18. Can the VAT account be split into two, a method that Sage utilises?

    A vat control account and a VAT suspense account.

    The VAT suspense account will show the balance of the Dr or Cr of vat payable or owing from transactions included in the VAT return, this is where the Vat payments to/from HMRC are posted.

    The VAT control account shows the balance of transactions where input/output VAT has been realised from invoices raised/received, but are not yet included in the VAT return typically because the the company is operating the VAT cash scheme.

    These two accounts could be…

    2 votes

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    Hi Robert, being upfront this isn't something we have any intentions of changing in the near term. We will continue to track interest in your idea here for the time being but would be quite a fundamental change to the way tax works in Xero.

  19. It would be very useful to be able to amend CIS returns on Xero before final submission (as it is possible with VAT returns).

    1 vote

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    Thank you for raising this idea about the ability to amend CIS returns before submitting them. As per HMRC requirements, the CIS deduction is an event that is legally tied to the cash transaction of a payment being made. Because of this, the final return is based on these completed cash transactions, and any changes must be made through HMRC's official amendment process. Therefore, the ability to edit the return before submission is outside of Xero's control as we must adhere to the strict requirements set by HMRC for the CIS scheme. While we understand this isn't the answer you were hoping for, we want to be transparent about why this is not something we can build. We will continue to explore any potential solutions that may align with HMRC's future requirements, but for now, we must follow their strict compliance rules ✨

  20. At present we are able to edit the layout of reports by rearranging, creating formulas, and grouping accounts. It would be INCREDIBLE to be able to customize the following.

    1) Group font (size and boldness only)- right now it defaults to a much larger BOLD font than the underlying accounts. It would be nice to choose these sizes and weights

    2) Customize the Group Total's Location - at present it shows only as an additional labeled row with the corresponding total. It would be a neater presentation to just have the group total show right in line with its main…

    2 votes

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    Hi Michael we're grateful for your engagement here, however we ask that each post is contained to a single idea for a feature.

    We've identified that there are existing Xero Product Ideas relating to customising fonts and styles in reporting, and collapsing and expanding account groups. We've gone ahead and added your vote to these ideas, so that we can gather support and gauge interest for these ideas separately.

    We've also adjusted the title of this idea to reflect your suggestion to change the position of group totals in custom layouts. This idea can now gather support through votes and comments from others in the community.

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