Settings and activity
2 results found
-
73 votes
Hiya team, we appreciate the interest this idea has built up, and do want you to know this has been a topic of discussion for our teams.
While manual tax adjustments is available in some regions, considering local best practice we have no plans of expanding manual tax adjustments on transactions to AU based organisations.
We appreciate there can be circumstances where a transaction differs by a few cents due to rounding and would recommend using manual journals to post and make corrections where required.
We get this isn't the outcome you'd most like to receive, but want to be upfront with you all on this here. Thanks
An error occurred while saving the comment
Jared Mortos
supported this idea
·
-
11 votes
Jared Mortos
shared this idea
·
Manual GST input should be available in AR / AP.
I am dealing with a supplier invoice that has a private ruling from the Australian Taxation Office - the company's GST is not 10%, it is calculated based on a ratio of taxable and non-taxable food items, making them a mixed supply of GST applicable items in one pack.
This is causing rounding errors.
If only GST amounts or percentages can be manually overridden and inputs in the "New Bill" screen and the final amount can be changed to match the supplier invoice.
This is something that I would expect Xero to have already.
It is annoying to have to go into Accounting > Advanced > Tax Rates to create a ruling which doesn't apply to every invoice this supplier is issuing as the ratio of taxable and non-taxable food items can vary with each delivery. For example, sometimes the GST is 5.61% and another time it was 5.13% as calculated.
Please make this a thing.