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4 results found

  1. Fixed Assets - Option to Show Depreciation Expense in Cash Basis Reports

    155 votes

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    submitted  ·  53 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Jennifer Greentree commented  · 

    It is ridiculous that an otherwise good software has such poor deprecation and fixed asset features and is wasting it's time doing fancy analytics stuff which is not nearly as useful as just working properly as accounting software.

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    Jennifer Greentree commented  · 

    It is not acceptable to have to enter a journal to show depreciation on cash basis reports. When accrual basis reports are run, then it is doubled up!

    Xero's depreciation and fixed assets register is very poor compared to the rest of it. Writing off pooled items also continues to be a big issue.

    Jennifer Greentree supported this idea  · 

  2. Fixed Assets - Dispose multiple assets at once

    429 votes

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    109 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Not in pipeline  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hey everyone, thanks for all your valuable feedback and support on this idea here.

    It's nice to see tips being shared throughout this thread to help others managing multiple assets. The suggestion to group similar items (like office chairs or laptops) into a single asset with a quantity can be an efficient way to handle things. When you need to dispose of some, you can then perform a partial disposal by updating the quantity, which helps save a few steps.

    Wanting to share an update for you all, although I appreciate it will not be the news hoped for - Developing the capability to bulk dispose assets isn't on our current roadmap. We will keep an active eye on the support this continue to build here and be sure to let you know if anything changes here.

    Jennifer Greentree supported this idea  · 
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    Jennifer Greentree commented  · 

    Currently individually disposing of over 200 assets for a trust that has sold a business. Being able to do it in bulk would be very useful.

  3. Fixed Assets - Depreciation Pool Schedules

    20 votes

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    submitted  ·  4 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Jennifer Greentree commented  · 

    In blue Xero you should be able to pool assets for book depreciation as well as tax depreciation. Also there needs to be a way to write assets off when immediate depreciation rules change.

    Jennifer Greentree supported this idea  · 

  4. Trial balance | Cash basis - Show depreciation

    4 votes

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    0 comments  ·  Banking & chart of accounts » Chart of Accounts  ·  Admin →
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    Jennifer Greentree shared this idea  ·