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

    9 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

    152 votes

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

    Hi everyone, we appreciate your input on being able to add new tracking options while invoicing and our team are looking into improvements that could be made to this flow in new invoicing. I'll keep you looped in on any change for this here. 

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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

    46 votes

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    submitted  ·  16 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Marcus Feeney commented  · 

    PLEASE I NEED THIS IN MY LIFE!!!

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    Marcus Feeney commented  · 

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

    Marcus Feeney supported this idea  · 

  4. VAT - Automatically calculate VAT using the Marginal Scheme

    48 votes

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    17 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  ·