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  1. Customer Statement - Automated statements for contacts

    401 votes

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    submitted  ·  92 comments  ·  For small businesses » Contacts & communication  ·  Admin →
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    Rosie Cooper commented  · 

    time and efficiency critical feature.

    Rosie Cooper supported this idea  · 

  2. Reports - Ability to add custom KPIs to Executive Summary report

    11 votes

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    submitted  ·  3 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Rosie Cooper commented  · 

    Would be ideal!

    Rosie Cooper supported this idea  · 

  3. Multicurrency- Batch payments of Foreign Currency Bills.

    371 votes

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    153 comments  ·  For small businesses » Accounting features  ·  Admin →
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    under review  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thank you for all the interest and we appreciate the needs for those using foreign currency to have more efficiency in how you process these bills for payment. Your feedback and votes here have not gone unnoticed - We have a team that have been doing some ground work in this space and at this time we have beta that we'd like to invite any UK customers to join and feedback to our team on the experience. If you'd like to be a part of this please fill in our form here and we'll be in touch.

    We appreciate this idea is farther reaching than UK alone and while the beta is limited to this region for the time being, based on results we will look at expanding this to other places.

    We'll keep you updated of further developments here.

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    Rosie Cooper commented  · 

    This is crucial for our larger clients - please Xero

    Rosie Cooper supported this idea  · 

  4. VAT - Automatically calculate VAT using the Marginal Scheme

    52 votes

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

    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.

    1. 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.
    2. 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…

    Rosie Cooper supported this idea  · 

  5. Aged Payable/Receivable Report - Option to include CIS Deduction Value

    53 votes

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    submitted  ·  17 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Rosie Cooper supported this idea  ·