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  1. VAT late claims report

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

    Thanks for sharing and supporting here, everyone.

    For those that aren't already across, though manual at present you could run the Account Transactions report to manually reconcile against your filed VAT returns.

    We appreciate the process could be more automated. Though this isn't something we have immediate change planned around atm, we'll update you here if there's any news.

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    Diane Mitchell commented  · 

    Good morning

    I agree with the above as I do find the reports very limited when reconciling, especially at the year end. It would be beneficial to be able to run a report showing which transactions have been reconciled.
    I have a difference between the VAT paid at the year end to the VAT showing on the Trial Balance and other than ticking off every transaction there is no other way to find out where the differences are.