Settings and activity
5 results found
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74 votes
Thanks for the input and sharing your feedback here, everyone.
We know many of you asked for widget borders to help separate information. As a first step, we’ve subtly darkened the homepage background to increase contrast and make the widget boundaries clearer.
We’d love to know if this change has made the information easier for you to scan and consume. Please do let us know here 🙏🏻
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Jennifer Greentree
supported this idea
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158 votes
Hi community, we appreciate your insights on this idea. We recognise that having depreciation excluded from the Cash basis P&L can limit how useful the report is for understanding overall business performance.
The distinction you’ve highlighted between a cash basis Profit and Loss report and a Statement of Cash Flows is a helpful one and gives us a better sense of why this feature matters for your reporting and compliance needs.
For now, creating manual journals is the only available option to include depreciation in cash basis reports. While not ideal, it’s a feasible approach if you need to reflect these adjustments.
We want to be upfront here that this isn't something we have roadmapped right now, and not likely to be planned soon.
This may be something we revisit in the future and will make sure to share any updates if the situation changes.
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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
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445 votes
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.
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20 votes
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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
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4 votes
Jennifer Greentree
shared this idea
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Viewing the page could be easily made simpler by adding a border or shadow to the widgets to help visually separate the bank accounts and etc.