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  1. Bank Rules - Copy Bank Rules

    112 votes

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    submitted  ·  27 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Elizabeth Arnott supported this idea  · 

  2. Branding - Custom DOCX template for Remittance Advices

    248 votes

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    submitted  ·  112 comments  ·  For small businesses » Business features  ·  Admin →
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    Elizabeth Arnott commented  · 

    I want to be able to remove columns such as payment reference that I don't need

    Elizabeth Arnott supported this idea  · 

  3. Reconciliation - Allow credit notes to show and be selected on the find & match screen

    663 votes

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    184 comments  ·  For small businesses » Accounting features  ·  Admin →
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    working on it  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, first off thank you for the continued interest and feedback surrounding this idea. We’re continuing to build on the bank reconciliation experience in Xero and recognise the ways this feature will help improve the efficiency, flexibility and transparency of transactions in your business. Our team have done a lot of exploration into being able to surface and match Credit Notes when reconciling your bank account in Xero, and this is now in development.

    We’ll shift the idea here into ‘Working on it’ and continue to update as there’s more detail of this to share.

  4. MTD VAT - Ability to review without connecting to HMRC

    15 votes

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    1 comment  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for your inputs, everyone. While we appreciate the interest around being able to view MTD VAT without needing to connect to the HMRC, this is not something that our team are looking to change at present. Xero currently requires a connection to HMRC to draw the period of the MTD VAT.


    We'll keep a close eye on the appetite for this here, but for now we wanted to highlight options.


    Currently, a client could export the MTD return and send it through to their advisor for review.
    Alternatively, advisors can use the Non MTD VAT return to help them with the review process - This can be run and exported regardless of MTD credentials. 

    • The return should be a mirror image of the MTD VAT return (unless adjustments / imports have been made to the MTD version) that'll also include any late claims for the period.

  5. VAT - Partial Exemption Calculation

    41 votes

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    2 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminHannah G (Admin, Xero) responded

    Hey everyone, appreciate that this idea's intent is to help save user's time in calculating the VAT, but I wanted to share that it is possible to record partial VAT exemptions, for those who aren't aware. We will continue to to track interest in this idea but in the meantime you can:


    1. Calculate your own your partial exemption adjustment amounts
    2. Enter them as VAT box adjustments on your non-MTD or MTD VAT return

    Alternatively, if you use a set percentage adjustment you could do one of the following:

    • Add a custom Tax Rate for your % rate.
    • Adjust the VAT on each bill to the amount you can claim. Click the + next to the tax rate to do this. (You'll need to use the 'Amounts are' Tax Exclusive option to see it.)

    We recommend you talk to your accounting advisor or HMRC if you need more help with this.


    There's…

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