Settings and activity
23 results found
-
42 votes
Judy Diamond
supported this idea
·
-
8 votesJudy Diamond
supported this idea
·
-
31 votesJudy Diamond
supported this idea
·
-
30 votes
Appreciate how this would be beneficial for your business having assurity in an awaiting approvals likelihood.
With businesses having varying levels of assurity around this I want to be open that we don't have any direct intention fo changing reports like the P&L to automatically include this, however we'll begin to track the level of interest around this, here. Thanks
Judy Diamond
supported this idea
·
-
48 votes
Hi everyone, thanks for your interest in this idea.
For now, I wanted to share that we're aware some users have the following process to record their transactions. The example uses a vehicle with a purchase price of £1500, and a sale price of £2000.
- Record the purchase of the vehicle on a purchase Bill for the full purchase price of £1500 with a tax rate of VAT Exempt. So the purchase is recorded in box 7 on the VAT return.
- Record the sale of the vehicle on an Invoice for the full £2000 - using the Tax Exclusive option, and then manually changing the VAT calculated to the required amount - £83.33 (i.e. 20% on the profit of £416.87 or 1/6 of £500) by clicking the small plus box above the Tax Rate.
This will mean that you only charge £83.33 VAT for the overall profit figure, and ensuring the correct amounts are reflected in boxes 1, 3, 5 and 6.
You could…
Judy Diamond
supported this idea
·
-
87 votes
An error occurred while saving the comment Judy Diamond
supported this idea
·
-
1 voteJudy Diamond
shared this idea
·
-
134 votesJudy Diamond
supported this idea
·
-
30 votes
HI team, our article here will likely help you identify transactions that have not been included in your VAT return.
You can run the Account Transactions report to compare with the Transactions by VAT box tab of your VAT return.
An error occurred while saving the comment Judy Diamond
commented
would like to see a marker on each bill or sales invoice that you go into, to show whether it already appears on a vat return that has been finalised
An error occurred while saving the comment Judy Diamond
commented
Having to run the Account Transactions report to compare with the Transactions by VAT box tab of your VAT return is very long winded. We need this kind of info all the time eg when we do a movemybooks conversion. all other systems seem to have it.
Judy Diamond
supported this idea
·
-
94 votes
Appreciate the interest in being able to search by description. While we're attentive to your feedback, I want to be open that we don't have any immediate plans for developing this atm.
We're staying close to feedback on how we can improve navigation for our customers when using Xero, and I'll let you know if there is any development planned surrounding this, here. Thanks
Judy Diamond
supported this idea
·
-
23 votesJudy Diamond
supported this idea
·
-
199 votesJudy Diamond
supported this idea
·
-
74 votesJudy Diamond
supported this idea
·
-
543 votesJudy Diamond
supported this idea
·
-
5 votesJudy Diamond
shared this idea
·
-
499 votes
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.
Judy Diamond
supported this idea
·
-
13 votesJudy Diamond
supported this idea
·
-
64 votesJudy Diamond
supported this idea
·
-
2 votesJudy Diamond
shared this idea
·
-
1 voteJudy Diamond
shared this idea
·
My request would be the ability to use an existing bank rule as the base for a new rule - copy then edit . Often you have similar rules that need setting up with just minor changes to one part of the rule. --same point as Judy Meyer below- (This is different than the idea described in the heading of this thread - which can already be attained to an extent by selecting to apply the rule to all bank accounts - using the last drop down on the rule creation page)