Settings and activity
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43 votes
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Janette Telfer
supported this idea
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82 votes
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.
An error occurred while saving the comment Janette Telfer
commented
It is not just needing a flexible date range. It is needing to produce a TB with no opening figures included (a transactional TB) as very few accountants do journals in Xero which leaves Xero not in sync with my clients accounts.
An error occurred while saving the comment Janette Telfer
commented
The reason that this is very important is because when Accountants pick up my figures in Xero and then carry out the year end transactions e.g. depreciation within their own systems then my figures no longer match the final accounts produced. This then means that the next years figures aren't correct as the opening balances carried forward are wrong. If the Trial Balance could be produced with no opening balances included then the Accountant could simply just take the actual transactions for that year and add them into their system. I know Sage has/used to have this facility.
Due to the fact that HMRC in the UK have changed the tax year for sole traders and partnerships to run with Tax Returns i.e. from 6th April to 5th April then it would be very helpful to be able to input conversion balances on the specific date to tie in with this.