Settings and activity
9 results found
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113 votes
An error occurred while saving the comment An error occurred while saving the comment 
Carolyn Nicol
commented
I personally do not see a problem with having two separate assets to handle additions, but would like the ability to group them as one in reports. If a reduction in the original assets is required a negative asset may not be possible, so some ability to alter cost would be good. Also seems to be impossible to add assets with passed accumulated depreciation. In NZ if a asset is purchased from an associate we need to keep the original cost & accumulated depreciation for the new owner, so if sold for more that the original cost, the full amount of depreciation previously claimed can be shown as income to the new owner.
An error occurred while saving the comment Carolyn Nicol
commented
Agree the ability to combine assets or add extra value to them is something other programs can do so miss not being able to do the same in Xero.
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203 votes
An error occurred while saving the comment Carolyn Nicol
commented
Agree with comments, reports should be able to be shared between clients & practices.
Carolyn Nicol
supported this idea
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14 votes
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39 votes
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24 votes
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4 votes
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37 votes
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52 votes
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155 votesCarolyn Nicol
supported this idea
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An error occurred while saving the comment Carolyn Nicol
commented
Due to the lack of good functionality in standard Xero work papers, it is critical if we can continue to use these that we can use custom templates.
This is very important as parts of assets can be missed when the asset is sold, it is hard to show they are all part of the same asset on the asset schedule. A grouping function would allow for different period/months of depreciation to be claimed. We would still need to see clearly on the schedule & when handling maintenance of the assets which assets make up the one asset.