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85 votes
An error occurred while saving the comment Tara Brace supported this idea · -
215 votesTara Brace supported this idea ·
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126 votesTara Brace supported this idea ·
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130 votes
Appreciate the traction this idea's gained - Thanks for your support, everyone.
Our Fixed Asset product team are working on upgrades to Fixed Assets platform and updating technology - Read more on this broader work on Xero Central
We understand how having an automated control to recognise and apply a write-off for general pooled assets where the balance is beneath the threshold would be useful, this is not in our roadmap right now.
That said, they have a close eye on ideas for Fixed Assets for when the time's right - we'll share any change on the idea, here.
Tara Brace supported this idea ·An error occurred while saving the comment Tara Brace commentedThis is critical to accuracy of tax depreciation reports.
This is really important and would save so much time from a review perspective, as well as improve the quality of the overall product.
Taking it one step further might be to have the workpapers automatically presented in the same order as the Notes to the accounts, with "Note totals" that can be expanded to see the detail $ balance of all accounts included in that note. ie if all Notes were "expanded", the workpaper home page would show the entire Trial Balance. Condensed, the Workpaper home page would reflect the $ per the Balance Sheet in Xero