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Reports & tax

Customer ideas for reporting, analytics, fixed assets and tax

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Reports & tax

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946 results found

  1. The ability to run a date range in a Trial Balance report.

    Purpose: Having more flexibility when running the report by having the date range function.

    83 votes

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    32 comments  ·  Reporting  ·  Admin →
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    Hi team, while we released the ability to run the Trial balance for a date range to our US customers last year, we appreciate there's quite a bit of appetite for this in other regions and have re-opened the idea so we can engage with you all and consider whether this feature can be expanded.

    We'd love to get more insights of the needs in running this report for a date range for customers based in regions outside US.

    If you'd be willing to share they will be running research across the next 2 weeks - please book a video call at a time that works for you through the link here. 💬

    Thanks for your engagement and I'll keep you updated of outcomes in this idea.

  2. Ability to have multi-VAT tracking for EU companies.

    Purpose: Because lots of companies in the UK are also registered VAT in other EU countries. So having this feature will make users easily calculate their tax.

    31 votes

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    9 comments  ·  Tax filing  ·  Admin →
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    Thank you for your suggestion regarding multi-VAT tracking and or filing for EU countries, including Ireland. Currently, Xero supports only UK VAT returns, so tracking VAT in multiple countries requires separate Xero organisations. Also features like direct integration with EU tax authorities such as Ireland’s Revenue Online Service (ROS) (specifically) are not available at this time, and multi-country VAT support is not currently in our development pipeline. For Irish VAT requirements, you may wish to consider Parolla, which offers direct ROS integration and features tailored for Irish businesses.

    We appreciate your feedback and will continue to review suggestions as we plan future updates.

  3. Ability to calculate Wine Equalisation Tax in Australia.

    Purpose: To easily comply with transactiona tax requirements in Australia

    84 votes

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    39 comments  ·  Tax filing  ·  Admin →
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    Hi community, I know it's been some time since our last update here. Though we're continuing to follow and track the interest in automatic calculation of wine equalisation tax within Xero, for the time being this isn't something we've planned.

    As some may have received detail from our support team on there is a way we suggest you can record your WET liabilities and credits within Xero - See our post on this discussion for the detail. Alternatively, there are app partners you could explore on the Xero app store.

    If there are any changes around this we will be back to share with you all on this idea.

  4. Ability to show future cash flow projection in Xero.

    Purpose: To effectively plan and manage the upcoming fund needs of an organisation.

    18 votes

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    3 comments  ·  Reporting  ·  Admin →
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     ·  Dana A responded

    Hello everyone, thanks for voting and commenting on this idea. Available right now is the short-term cash flow dashboard, which is a tool that visualises your future bank balance based on upcoming bills and invoices. The Analytics Plus version of this dashboard allows you to look 90 days into the future, and can make predictions for recurring cash transactions based on your spend and receive money history. 

    At this stage there are no plans to extend out the timeframe of this tool, or to account for balance sheet items but we’ll keep monitoring this idea, so please continue to add your feedback here on how this feature can improve your workflow. 

    If there’s any news to share, we’ll come back here and let you all now.

  5. 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.

    64 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…

  6. It would be nice to be able to be able to filter by specific customers invoice to track quantities of parts they are ordering over any given time periods.

    1 vote

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    0 comments  ·  Reporting  ·  Admin →
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     ·  System responded

    Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.

    Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.

    If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂

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