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  1. 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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    Marcus Feeney supported this idea  · 
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    Marcus Feeney commented  · 

    I NEED THIS IN MY LIFE!

  2. New Invoicing - Add new Tracking option

    286 votes

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

    Thank you for your on-going input and attention to the idea here, everyone.

    We will keep you updated on change for being able to add new tracking options when using new invoicing here, however if there are other items that you'd like to see developed please do make sure you've joined and are following updates for these too.

    I can confirm our team have work underway to improve the line item grid where you enter detail of your invoice. Part of this work includes the ability to add new tracking options without navigating away from the invoice.

    For now we'll move this idea to working on it and I'll be back to share when there's more news of this going live for you all.

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    Marcus Feeney commented  · 

    PLEASE I NEED THIS IN MY LIFE!!!

  3. 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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    Marcus Feeney commented  · 

    PLEASE I NEED THIS IN MY LIFE!!!

    An error occurred while saving the comment
    Marcus Feeney commented  · 

    I need this in my life !!!!!!

    Marcus Feeney supported this idea  · 

  4. VAT - Automatically calculate VAT using the Marginal Scheme

    54 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…

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    Marcus Feeney commented  · 

    I need this in my life!

    Marcus Feeney supported this idea  ·