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Reports & tax

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Reports & tax

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992 results found

  1. "Please provide or enable a template that allows the generation of a Trial Balance report with account groupings categorized under the same headings like Profit and Loss statement and Balance sheet."

    6 votes

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    1 comment  ·  Reporting  ·  Admin →
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    Thanks for sharing your idea, and letting us know the changes that matter most for you.

    We've reviewed your idea to show the Trial Balance by category and now it's up to the community to get behind and support it.

    In the meantime, did you know that you can group the Trial Balance by 'Account Class' or 'Account Type'? Whilst not the exact functionality requested, these options allow you to split the accounts up within the report.

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  2. The Tax summary table in the tax return needs to show the 7th May provisional still owing as seperate to the remainder being due for terminal 7th April. Currently itt is grouped all in terminal meaning it is incorrect as doesnt show clients they need to pay an amount a year earlier

    1 vote

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    0 comments  ·  Tax filing  ·  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. 🙂

  3. Hi Xero Team,

    I would like to suggest a feature enhancement that would greatly benefit users in the Philippines.

    Currently, when generating reports (such as Transaction Reports, General Ledger, or Contact-based reports), there is no option to display the Tax Identification Number (TIN) and registered address of contacts as columns.

    Including TIN and address fields in report columns would significantly improve efficiency and accuracy in preparing BIR compliance reports such as:

    • SLSP (Summary List of Sales and Purchases)
    • QAP ( Quarterly Alphalist of Payees)
    • SAWT (Summary Alphalist of Withholding Taxes)

    At present, users need to manually extract or cross-reference this…

    1 vote

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    0 comments  ·  Tax filing  ·  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. 🙂

  4. To confirm, there isn’t currently a way to move the Supplementary income section so that it appears straight after the main Income section in the printed ITR.
    When using the new layout, Xero Tax does let you customise print settings, but this only lets you choose which main sections to print and reorder the sections that are available in the print pack, but it doesn’t let you change the internal order of the Individual return such as the Supplementary income section.

    This makes it difficult if you quickly want to look in the ITR and review all of the income…

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi 👋 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 🙂

  5. A slight bug found - I just had a supplier ask why we had charged less for the last 2 months. I checked and it looks like Xero defaulted to "GST Inclusive" invoices when copying an invoice that is GST-Exclusive, even when:

    1) the previous Invoice is set to "GST Exclusive"
    2) the Financial settings, tax defaults, For sales is set to for"Based on last sale"
    3) Note - No Contact defaults for GST set.

    Somehow, my $500 + GST invoices = $575 has been reduced to $500 including GST.

    Previously Xero would copy over the invoice exactly, but now…

    5 votes

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    1 comment  ·  Tax filing  ·  Admin →
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    Hi everyone, thanks for sharing your feedback on this idea. We can see why this would be useful. We have reviewed this idea and can see that currently when you copy an invoice, the financial settings of the organisation take precedence over the settings from the original invoice. This idea is now in Gaining support status, which means it's open for community votes and comments while we monitor interest from users.

  6. Add toggle on tax return cover page at daytime contact number section for client phone number or agent phone number similar to postal address and banking details and have information from client manager auto filled for phone number and email address

    2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Hi 👋 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 🙂

  7. Include Invoice numbers for payable payments and receivable payments in reports.

    The information is available for payable invoices and receivable invoices but is missing for the payable payments and receivable payments. Reference information is carried through but not invoice number information.

    4 votes

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    Hi!

    Thanks for sharing your idea about the change you'd like to see or this element of reports.

    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 votes and comments too!

  8. Would love to see it as a feature so that we can add letters in Numbered heading section so we can link notes.

    2 votes

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    Hi 👋 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 🙂

  9. I feel like I'm taking crazy pills.

    With the old style and the new style, there doesn't appear to be a way to show the journal with GST rate - it only shows the total GST as an extra line at the bottom of the journal.

    And while I'm requesting features that'll never be implemented, why not offer the ability to show journals Gross of GST (as well as the GST rate).

    2 votes

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    Thanks for sharing your idea, we appreciate you explaining how important it is to see tax rates at the line level.

    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.

  10. It would be great if we could add a "files" column to account transactions to view attached files without the need to drill into each separate transaction. This feature is already available in VAT returns.

    12 votes

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    7 comments  ·  Reporting  ·  Admin →
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  11. It would be nice to be able to select "year to date" when choosing comparison periods of quarters or months on the balance sheet and profit and loss statements. Right now the only way to do so is to manually do the math on how many months back the fiscal year end began, which is especially inconvenient for entities with non-calendar year ends.

    1 vote

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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. 🙂

  12. Every new year tax year (1 April) the reports for the previous year that we are still using ie 31 March 2025 automatically change to the 31 March of the current year ie 31 March 2027 and the Last Financial year changes to 1 April 2025 to 31 March 2026.
    In the drop down box for the Pack Date Range Custom would it be possible to add a Last financial year -1 so that it reads the date range for the previous year that we are still compiling for ie: Date range 1 April 2024 to 31 March 2025.

    1 vote

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    Thanks for taking the time to explain how you’re using the Pack date range and why you’d like a “Last financial year -1” option. This isn’t something we’re actively working on right now, so we’re moving your idea to Gaining support. This lets other partners and small businesses add their vote and specific scenarios, which helps our product teams understand how many people are impacted and how this should be prioritised alongside other reporting work.

    In the meantime, the best available workaround is to set the prior year using a Custom date range and reuse that report pack where possible.

  13. The statutory profit and loss account includes the wording "cost of raw materials and consumables" in the Cost of Sales section. This makes no sense for my clients in the service industry. Can we not have a tag named "Cost of Sales" or "Purchases" which is more generic and applies better to direct expenses attributable to sales in the service industry?

    2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for submitting your idea on Xero Product Idea’s Melanie. We’ll start to track support in your idea from the community, here.

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero.

  14. This is a known issue that needs to be voted on to be prioritized.

    The Auto Sales Tax feature in Xero (from Avalara) disallows the ability to edit an Invoice account category. This is a huge limitation that will have massive repercussions as time goes on. Please fix this promptly.

    9 votes

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

    We request that each post is for a single idea, I've just split your one here so we can gather support for being able to edit the invoice or Find and recode transactions with sales tax separately - you'll find the other idea I created for you here

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero.

  15. To have an MTD for Income Tax widget added to the homepage (like you can for VAT)

    1 vote

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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. 🙂

  16. Disable or hide specific MTD for IT obligations, including the end of year update, from your client's view.

    2 votes

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for sharing this idea about controlling MTD for IT obligation visibility. We appreciate you explaining how more granular control over what clients see could help streamline practice workflows.

    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.

  17. I am advocating for a graph showing cumulative revenue for each month of the year compared with past years.

    It is actually a simple graph to produce.

    It is quite a useful graph as it provides an early warning of what needs to be done now so that whatever needs to be done can be done within the time frame. An easier way to say this is that it provides early information in order for us to act on time.

    I only advocate that this be done for revenue only and not for anything else as the idea of the…

    1 vote

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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. 🙂

  18. It is crucial to be able to print or email statements to multiple or all contacts with received money transactions at once showing each received money transaction for the contact in a time period on individual/separate pages by contact. This is really needed functionality because any nonprofit entity needs to send giving/donation statements at year end. I have tried multiple reports and statements. I can create an Account Transactions report showing all the clients and the received money entries, but it doesn't allow me to separate contact on their own page. The functionality under Business and sending statements would be…

    8 votes

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    Hi Justin, thanks for sharing your idea again, I understand the challenge of creating a statement for a contact who only have receive money transactions. We've reviewed your idea agree its something others have asked for, so 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.

  19. More flexibility for cash flow forecasting - categorisation by account code, manual upload to edit upcoming items rather than one by one, customising summaries (like month end balances).

    1 vote

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    Appreciate you sharing how we could improve Cash flow manager, Vanisha. I've just split your idea into 2 so we can track the customisation and bulk update portions separately.

    You'll find the idea for bulk updates across here.

    If there are any updates planned for either of these we'll let you know on the respective idea. In the meantime share your idea with other colleagues that'd also find this useful to help build up the support in this. 🙂

  20. Dropdown list of Tax Return items.

    Hi Xero Team,

    I’d like to suggest a possible enhancement to the Tax Returns section for easier navigation.

    Would it be possible to add dropdowns (or expandable lists) that show all tax return items within each section, similar to the attached example? This would make it much easier to jump directly to specific items instead of scrolling through the full return.

    For example, having a dropdown list for all income categories, deductions, offsets, and other tax return items would help users quickly locate the exact section they need, especially when reviewing or updating multiple…

    1 vote

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    Hi 👋 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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