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  1. VAT - Support multiple VAT accounts for control and suspense

    2 votes

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

    Hi Robert, being upfront this isn't something we have any intentions of changing in the near term. We will continue to track interest in your idea here for the time being but would be quite a fundamental change to the way tax works in Xero.

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    Robert Smith commented  · 

    Many thanks for your response.

    I appreciate there may not be any immediate plans but is invaluable to an accountant to be able to effectively reconcile the VAT account when the entity is operating the cash VAT scheme, to be able to split out realised and unrealised VAT.

    Robert Smith shared this idea  · 

  2. Report Templates - Ability to add any report

    297 votes

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    43 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Not in pipeline  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, thanks for your support on this idea. We know how important it is for you to create comprehensive report packs in Xero HQ, and we appreciate your ideas on how to make this even better. 

    We wanted to share that the General Ledger Detail, General Ledger Summary, General Ledger Exceptions, and Tax Depreciation Schedule reports are now all available to add to a report template in Xero HQ. 

    Right now, as some in the thread have found, it's also possible to create report packs for each client at the client level to manage some of the reporting needs expressed here for now.

    We want to be transparent that we don't have plans to make other reports available in report templates. We will shift this idea to Not in pipeline, however it would be good to get a sense if there are specific reports that would further add benefit…

    Robert Smith supported this idea  · 

  3. Xero Tax (UK) | Import options in Xero Tax

    8 votes

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    submitted  ·  4 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Robert Smith supported this idea  · 
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    Robert Smith commented  · 

    Just to further add to this request, to remove the requirement to hold additional schedules tracking Write Down Value b/f for Personal Tax clients this could easily be implemented into the Personal Tax form, similar to other tax software. It would give the option to record the details of the asset e.g. make and model of vehicle, vehicle registration, write down allowance, write down value b/f, and work out the capital allowance based on the pool type, it would also allow the % of personal use to be charged back to ensure to claim is compliant, This would ensure the these details are available on the following periods form in Personal Tax. I have attached an example of a supplementary page that would be produced.