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Reports & tax

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Reports & tax

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926 results found

  1. Would like a pop out screen to view and edit transactions from the transaction report without having to arrow back to the report after each view/edit. Currently it is extremely time consuming with appx 7 back clicks to return to the report after each individual view/edit.

    1 vote

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    0 comments  ·  Reporting  ·  Admin →
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    Thanks for your engagement and for sharing this idea about editing Spend Money transactions directly from the Transaction Report.

    We've reviewed your suggestion, and it's now open to gain support from other community members. We can definitely see how having to click back and forth to the report after each edit is a time-consuming process.

    Along with votes, others can now comment to share additional detail about how your idea for a more direct editing workflow could improve their experience with Xero. 🙂

  2. Standard layout, which is the one that clients generate and use to check their profits, shows dividends paid, Income tax expense or distributions. This makes the client very confused as these are not part of the operating expenses. Clients do not need to know how to edit or prepare a new layout to take these expenses out. Also, we as accountants can't customize P&L for each of our clients.

    This needs to be address urgently.

    89 votes

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    15 comments  ·  Reporting  ·  Admin →
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  3. There needs to be a way we can change the pool type for an asset if we've accidentally selected the incorrect pool.

    1 vote

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    Hi Melody, thanks for submitting your idea on Xero Product Idea's. We appreciate you taking your time to share changes that would be most meaningful to you.

    We don't have any immediate plans for adding this feature in Fixed Assets, but we'll monitor and track support your idea receives from the community.

    You can find out and stay updated with Xero releases on Xero Central.

  4. 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.

    7 votes

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     ·  1 comment  ·  Tax filing  ·  Admin →
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  5. Fixed Assets - Add tax depreciation for UK
    At the moment, only the Australian version of Xero offers a tax depreciation function. We need this feature in the UK version too if Xero Tax is to be considered as a serious Tax software.

    2 votes

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    We appreciate your feedback on how we could help you get more out of using Fixed Assets in the UK version of Xero.

    Though we don't have any immediate plans for this we'll keep watching the support for this grow here, and update of there are any changes planned. Thanks

  6. It would be really helpful if there was the option to add a planned payment date for all invoices listed on a particular aged creditors report. Having customised reports so that only invoices on particular job sites are listed, it then seems very inefficient to have to access 'bills to be paid' and manually, individually search each of the invoices listed on the report to schedule a payment date for them. Could this not be a function, whereby you can schedule them all for payment directly from the aged creditors report?

    3 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  7. In most areas of xero you can enter dates in any format, however, in the 'new fixed assets' this errors unless its in the one format Xero accepts.

    Please make the date fields similar to the other fields in Xero, allowing any format e.g. 1/1/24, 1.1.24, 1-1-24, 1 1 24, etc

    5 votes

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     ·  1 comment  ·  Fixed Assets  ·  Admin →
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  8. PLS Report (EFT Reconciliation Report): Currently it merges first two fields of client name and surname and if that could be fixed with ability to export in .csv / excel please. It would be great if it PLS report could be exported in TrustEasy format to manage fee from refund (attached).

    11 votes

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     ·  5 comments  ·  Reporting  ·  Admin →
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  9. Reinstate the 'Compare With' drop down.

    The key benefit of the old General Ledger Summary report was it's ability to show the net movement for multiple periods.

    Xero is now without a single report to perform this core function.

    1 vote

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    0 comments  ·  Reporting  ·  Admin →
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    Hi Phil, thank you for this important feedback on the General Ledger Summary report.

    We understand your point about the previous version's functionality. Losing the ability to easily show the net movement for multiple periods in a single report is a significant change, and we recognise how valuable this core function was for analysis.

    We're grateful for your engagement and for letting us know the changes that matter to you.

    We've reviewed your idea to reinstate the "Compare With" feature to show net movement per period, and now it can gain support from other community members. Along with votes, others can now comment to share how they used this comparative reporting feature for their financial analysis.🙂

  10. Reporting - Account Transactions Report - Add Related Account to the options for Grouping/Summarising

    2 votes

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     ·  1 comment  ·  Reporting  ·  Admin →
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  11. Create a tax code/rate which we can apply to interest income to withhold 10% tax for foreign resident entities and this amount is automatically populated to the Activity Statement at item W3.

    5 votes

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    2 comments  ·  Tax filing  ·  Admin →
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    🌟 Thanks for sharing your feedback on this idea. We appreciate the time taken to do so. The community team has reviewed this idea and moved it to Gaining Support. This means the idea is now open for community support through votes and comments. If this could benefit your workflow, please add your vote and share any extra context about how you’re currently managing this process—your input helps us understand the broader impact and priority of ideas like this one. 🌟

  12. We should be able to prepare and view future VAT returns where there are multiple unsubmitted returns. Ie. able to prepare multiple VAT returns for client approval at once. Currently, they have to be prepared and submitted before the next quarter's return is visible.

    3 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi, grateful for your engagement here community.

    Just a quick update that this idea is open for voting and comments from the wider community - please share your thoughts on how this would help you. We'll keep an eye on the support for this idea here.

    In the mean time, you may wish to use the “Looking to see VAT transactions for your own date range” option to run off reports for each return period, and then calculate the VAT from this report.

  13. Add the Project Name to the Receivable Invoice Detail report

    5 votes

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    3 comments  ·  Reporting  ·  Admin →
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    Thanks for sharing your idea in the community here, Trevor. We don't have plans for adding Projects to other reports in Xero at present but we'll start to get a sense of the interest for this in your idea here and share if there are any changes.

  14. When posting an invoice as a fixed asset, why not choose the depreciation rate at that point, when the invoice is posted?

    1 vote

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    We appreciate your idea—it's now live for the community to review!

    This is where you come in: share it with your colleagues! Their votes are crucial, and their comments can add valuable detail about how this change would specifically improve their experience with Xero. Let's get the support rolling.

  15. All Actions relating to attached files should be recorded in History and notes, eg Attachment added from Files:Inbox, Attachment Downloaded, Attachment Deleted, Attachment returned to Files:Inbox

    22 votes

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  16. Small request: Include the cover & contents page by default, please.

    The following is info from a Support webpage... Publish a report from the Drafts tab. In the Accounting menu, select Reports. Select the Drafts tab. Click the menu icon kebab style menu icon to the right of the report you want to publish, then select Publish.

    (Optional) You can apply different publishing style options depending on the type of report:

    [Include a cover and contents page] < Can this be marked to include by default instead of having to check mark them to be included every time that I…

    1 vote

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    1 comment  ·  Reporting  ·  Admin →
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    Thanks again for your idea, John. Appreciate I reviewed this a few months ago, and while we still don't have any plans at this stage it'll be good to get a sense of interest from others here.

    Make sure to share with any colleagues that may also find this helpful, so they can vote too!

  17. A report to see how much each staff member is billing out per month. There are similar reports like the write on/off report but it doesn't seem entirely accurate.

    5 votes

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    2 comments  ·  Reporting  ·  Admin →
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    Hi Eilish, is there are particular way your staff are recording how they bill customers through your Xero organisation atm? - e.g are you using Projects, or Tracking?

    As you noted there maybe a report that we an suggest that'll fully serve your needs in this here.

  18. Hi team

    We need Xero to be able to calculate tax correctly on part year returns for clients in Xero tax. Even though the date fields are available in your returns to show a part year, the tax is still calculated for a full year so the assessment from IRD differs from the return prepared in XPM.

    Currently the only option is to file via myIR which is really not good enough.

    57 votes

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    8 comments  ·  Tax filing  ·  Admin →
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    Hi team, we appreciate the interest in being able to manage part year returns through Xero Tax for NZ. This isn't something we have in our plans at present.

    I can assure you our team are aware of the interest on this idea and if there's any progress we'll let you know through the idea here.

  19. Historical MTD VAT reports can't be seen after subscription downgrade!

    We have just realised that we have lost access to a client's MTD VAT reports after their Xero subscription was downgraded to ledger after de-registering for VAT and becoming dormant. We can see all their pre 2019 VAT reports under "Filed with HMRC" or "Published" but there is nowhere to view the subsequent MTD returns and the detail behind them. Not great when you are preparing a final set of accounts prior to dormancy.

    These reports may well be needed in future in the case of a VAT inspection or…

    3 votes

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     ·  0 comments  ·  Reporting  ·  Admin →
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  20. 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.

    11 votes

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     ·  3 comments  ·  Reporting  ·  Admin →
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